BEST FOR

Growing your business

  • No Security Needed for Loan

  • Flexible Repayment Tenure

  • Minimal Documentation Required

  • Interest Rates from 13.25%*

 Self employed or Business  

  • Loan amount up to ₹50 lakhs*

    Get access to high-value business funding of up to ₹50 lakhs* . No lengthy approvals. 

  • Fixed Interest Rates

    Predictable EMIs with fixed rates — no fluctuations, no surprises.

  • No Hidden Charges

    100% transparent pricing with all charges clearly stated upfront.

  • Flexible Tenure Options

    Choose repayment terms that suit your business cash flow-from short to long term.

  •  Business Vintage

    Minimum business vintage of 3 years required to apply.

  • Preferential Benefits on Other Products

    Enjoy special offers and added perks across liability and asset products of ICICI Bank.

VIEW FEE & CHARGES

 

 

 

 

Eligibility Calculator for ICICI Bank Business loan

 

If you are looking to grow your business, ICICI Bank offers flexible Business Instalment Loans. Please visit the nearest branch or call our customer care at 1800 1080.

Eligible Entities who can apply for ICICI Bank Business Loan

Proprietorship Firms

Individuals running their own businesses under sole ownership are eligible to apply.

Partnership Firms & LLPs (Limited Liability Partnerships)

Registered partnerships and LLPs engaged in business activities can apply for funding.

Private Limited and Public Limited Companies

Businesses incorporated under these structures can apply for Business Loans for expansion, working capital, or other needs.

Self-Employed Professionals

Individuals like Doctors, Chartered Accountants (CA), Company Secretaries (CS), Architects and Cost & Works Accountants (CWA) are also eligible, provided they meet the income and practice stability criteria.

Things you should know

  • Processing Fee

    Up to 2% of the loan amount, plus applicable taxes.

  • Repayment Tenure

    Up to 60* months, depending on the type of business.

  • Interest Rates

    Starting from 13.25% to 19.25%* p.a. for Business Instalment Loans.

    VIEW ALL INTEREST RATES

  • Prepayment Charges

    Applicable after the 1st EMI payment, but NIL after 24 EMIs for certain loans.

    CLICK HERE

FAQs

What is a Business Instalment Loan?

A Business Loan is an unsecured loan for self-employed individuals or business entities. It can be used for business upgrades or equipment purchase and is repaid in equal instalments.

What type of entities are eligible for a Business Loan?

Eligible entities include Proprietorship Firms, Partnership firms and LLPs (Limited Liability Partnerships).

Can my partner and I apply together for ICICI Bank Business Loan?

Yes, both partners in a partnership firm can apply together for the loan.

What are the interest rates for Business Loans?

The interest rates of Business Loans start from 13.25%* per annum, with rates varying as per Loan type and tenure.

What is the maximum tenure of an ICICI Bank Business Loan?

The loan tenure varies as given below:

  • 60* months for doctors

     

  • 48* months for professionals (CA, CS, etc.)

     

  • 36* months for other business types.

     

What is the eligibility for an ICICI Bank Business Loan?

Eligibility is based on business financials, GST filings, ITRs and the type of business. Self-employed non-professionals & professionals and entities like retailers and manufacturers can apply.

What is the minimum business vintage required to apply for an ICICI Bank Business Loan?

The minimum business vintage required is 3 years, i.e. the business should have been operational for at least 3 years.

Can I get a Personal Loan for business purposes?

No, a Business Instalment Loan (BIL) is specifically designed for business needs. Personal Loans are not suitable for business financing.

 

Disclaimer

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