Unsecured
Business Loans
Upto ₹30 lakhs in 5 minutes.
Powered by Open & trusted by
30,00,000+
Businesses in India
Hassle-free loans up to 30 lakhs
No collateral or guarantee needed
Minimal Documentation
Fully online loan application
Hassle-free loans up to 30 lakhs
No collateral or guarantee needed
Minimal Documentation
Fully online loan application
Hassle-free loans up to 30 lakhs
No collateral or guarantee needed
Minimal Documentation
Fully online loan application
Happy place to apply for your loan
Select your loan amount above and elevate your business.
Loan amount
₹20,00,000
Tenure
24 months
Interest Rate
15.5 %
Equated monthly installment
₹0
Total Payable
₹0
*Starting at 1% monthly reducing interest rate. Apply now to know your exact EMI & interest rate.
Apply now in 3 easy steps:
Enter your personal, business & bank details to get a fair loan offer
Accept the loan offer & complete your documentation & KYC
Choose from flexible repayment options and start receiving funds
Why Open Capital?
Apply in few minutes
Fast Approval
Tenure up to 60 months
Get money in 2-4 working days
No Branch Visit
An ISO certified company
Eligibility & Documentation
Who Can Apply?
CIBIL Score of 700 or higher
Business operational for 2+ years
12 months bank statement
Official Lending Partners
What our customers have to say.
Navaratri to New Year is the busiest season for our business. I often face financial challenges during that time because there is always a high demand for our products. I applied for a 20 lakh loan and it was instantly approved. The money was credited to my account in just 2 days. The loan amount helped me stock up on inventory and maintain a healthy balance sheet. The interest rate is also affordable, and the flexible tenure helped me manage my cash flow smoothly.
Dhaval Patel - Sole ProprietorMahalaxmi Textiles, Gandhidham
I was looking to increase production and expand my distribution outside of Jalandhar when I came across Open Capital. I was initially hesitant to try, but I decided to go for it as no one else was willing to give me credit. I'm glad I did! The process was incredibly smooth and straightforward, and I received the 8 Lakh loan within 48 hours. The interest rates are also very competitive when compared to other lenders.
Bhupinder Pal - Sole ProprietorBP Agro Farma, Jalandhar
I came across Open Capital's ads on Facebook while I was looking for a loan to upgrade my printer and a few other pieces of equipment. The application process was quick and easy - it only took me 20-25 minutes to complete it. I was approved for the loan almost instantly, and the funds were disbursed within one day. I would highly recommend Open Capital to any businesses who are looking for quick loans without any hassle.
Archana Iyengar - Sole ProprietorLogos Printing Press, Madurai
FAQ
What is a business loan?
At Open Capital, we understand that every business is different and has different financial needs. That's why we offer Business Loans that are designed to be flexible and customisable, so you can get the quick funding required to grow your business. Whether you're new to business, experiencing a slowdown, or need funds for any other purpose, our Business Loans can help you get the money when you need it the most.
What are the documents required for a business loan?
The documents required for Sole Proprietorship are listed below.
Sole Proprietorship
PAN Card
Aadhaar Card
Any 1 of the following business documents
Udyog Aadhaar
MSME Certificate
Gumasta License
Shops and establishment certificate
Trade License
Labour License
Food License
GST Certificate
Registration Proof
Regional state registration certificate
Municipal corporation department certificate or License
Sales and Income Tax returns
IEC (Import exporter code) issued by the office of DGFT
Registration document issued by sales/service tax authority
Who can get business loans?
We offer business loans to sole proprietorships.
Can I get a business loan without collateral?
Yes! You can get a Business Loan without any collateral or security.
Am I eligible for a business loan?
You are eligible for a Business Loan if you fall under the category of sole proprietorship. However, the loan approval depends on the proper submission of documents, the basis of your financial history and our internal credit policy.
How long does it take for a business loan to be disbursed?
The business loan is disbursed within 48 hours from the time of loan approval.
How much EMI do I need to pay?
Your EMI depends on the loan amount and the tenure you selected for repayment.
What is the maximum amount I can take through a business loan?
You can currently take a business loan for up to INR 30 Lakhs.
How long can I take to repay the loan?
You can take up to 60 months to repay your business loan.