Our MSME loan interest rate depends on business risk profile and creditworthiness. We offer customised interest rates that are fair and transparent, starting from 17.25% per annum.
Our MSME loan interest rate depends on business risk profile and creditworthiness. We offer customised interest rates that are fair and transparent, starting from 17.25% per annum.
At LendingKart, we primarily offer fixed MSME interest rates, ensuring your EMIs remain predictable throughout the loan tenure. The rate is customised based on your business profile and business loan eligibility, and is clearly communicated before you apply.
Yes, prepayment can help reduce total commercial loan interest rates paid.
EMIs are calculated based on loan amount, tenure, and applicable MSME interest rate.
Maintaining good credit history and stable cash flow can help secure better MSME business loan interest rates.
A processing fee of up to 4% of the sanctioned (gross loan) amount is charged when applying for a business loan. Applicable taxes, including GST, are charged additionally as per prevailing rates. Please refer to the Schedule of Charges available on our website for the most updated information on applicable fees and charges.