Unsecured business loan in India can be a lifeline for businesses navigating uncertainty or aiming to grow without risking their assets.
Running a business isn’t just about growth — it’s also about surviving tough times. Many small and medium businesses struggle to maintain cash flow, especially during expansion or emergencies. But putting assets on the line just to access short-term funds? That’s risky.
This is where an unsecured business loans becomes the smart choice.
You get the funds you need — up to ₹5 crore — without pledging any collateral.
What is Unsecured Business Loans?
Unsecured business loans is a loan that doesn’t involve collateral.
Lenders instead look at your creditworthiness through:
- Credit history
- Business performance
- Financial statements
Types of Unsecured Business Loan in India
- Term Loans – Fixed loan amounts with scheduled repayments
- Business Lines of Credit – Borrow as needed, pay interest only on what you use
- Equipment Financing – Acquire equipment/machinery without collateral
- Invoice Financing – Borrow against unpaid invoices
Increase your cash flow with flexibility — pay back your loan as your sales arrive, not in strict monthly installments.
Eligibility Criteria for Unsecured Business Loan In India
- Business Vintage – At least 1 year old
- Annual Turnover – Minimum ₹50 lakhs
- Creditworthiness – The timely repayments of all existing obligations is the moot point to decide fresh funding.
- Financial Documents – Bank statements, ITRs, and other financial records
Required Documents For Unsecured Business Loan In India
To apply for an unsecured business loan in India, certain documents are required to verify your identity, business, and financial standing. You will need basic KYC documents such as PAN card and Aadhaar card, along with valid business proof like GST registration or a business license. Lenders also ask for financial records including recent bank statements and profit & loss summaries to assess repayment capacity. Additionally, income tax returns for the past one to two years are usually mandatory. Providing these documents in a complete and accurate manner will help speed up the approval process and make it easier for you to secure an unsecured business loan in India without unnecessary delays.
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TDS on Interest for Unsecured Business Loan In India
As per Indian tax regulations (Section 194A), TDS is applicable if you’re paying interest on an unsecured loan. The current TDS rate is 10% if the interest paid exceeds ₹5,000 in a financial year. Borrowers must strictly adhere to TDS provisions to avoid penalties and ensure compliance. These rules apply where loans are taken from financial institutions and NBFCs, while loans from banks remain exempt from TDS provisions. Therefore, if you are availing an unsecured business loan in India, it is important to keep these tax norms in mind. Understanding the impact of TDS on interest will help you better manage your finances and stay fully compliant while benefiting from an unsecured business loan in India.
Why NKB Kredit For Unsecured Business Loan In India?
At NKB Kredit, we bring years of expertise in business loan facilitation, ensuring that every client gets the right funding solution tailored to their needs. With a wide network of financial institutions, NBFCs, and banks, we provide seamless access to working capital loans and other financing options. What sets us apart is our personalized approach—our CEO personally reviews each case and gives direct input to make sure progress is on track. Along with this, our fully transparent process ensures there are no hidden surprises, only trust and clarity at every step. That’s why businesses across India choose us when they need quick, reliable, and customized support for an unsecured business loan in India. If you’re planning to expand your business, NKB Kredit is the right partner to guide you through every step of securing an unsecured business loan in India smoothly and efficiently.
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Apply for Unsecured Business Loan In India
Looking to expand your business and take it to the next level? Apply now for an unsecured business loan in India with loan amounts of up to ₹5 crore. Whether you need funds for working capital, new projects, or business expansion, this financing option gives you the flexibility to grow without the burden of pledging assets.
With fast approvals, minimal documentation, and no collateral required, you can access the capital you need quickly and hassle-free. An unsecured loan ensures that you focus entirely on your business growth while we take care of the funding. If you’re ready to scale up, an unsecured business loan in India is the ideal solution to fuel your journey.
Apply Now
Get in touch with us today at +91 7503211000 or mail us at ceo@nkbkredit.com.
Frequently Asked Questions On Unsecured Business Loan in India
Unsecured business loan in India doesn’t require collateral. Approval is based on creditworthiness.
Unsecured business loans don’t need collateral.
Unsecured business loans to buy equipments, finance credit sales or for stock enhancements to meet urgent demands etc. could be the example for unsecured business loans. The quantum of unsecured business loans is based on the business credentials of the borrower.
Term loans, credit lines, equipment finance, invoice financing, merchant cash advances.
Apply via our website or call us at the specified number.
Yes. TDS (typically 10%) is applicable if interest paid exceeds ₹5,000 per year under Section 194A and if loan taken from NBFC & financial institution
Final Thoughts: Unsecured business loan in india
For businesses that need speed without pledging assets, an unsecured business loan in india is a practical way to fund working capital, inventory, or expansion. Structured correctly—with clean financials and a clear use of funds—an unsecured business loan in india can secure competitive terms with flexible tenures and quick disbursal. At NKB Kredit, we compare lenders, negotiate terms, and keep the process transparent so your unsecured business loan in india aligns with your cash flow and growth plan. Ready to proceed? Tap Apply Now or message us—let’s build your case and get you the best-fit offer.