Make Your Ambitions Soar

Business Loans Ranging From
₹ 50 Lakh to ₹ 3 Crore.

SME Finance

Are you are a trader, manufacturer, service provider or a professional in need of capital for a personal venture? If you fit the profile, IndoStar Capital Finance Ltd. has got you covered. We have solutions for all your business financing needs such as working capital, business expansion, or any other financing requirement you may have, with our various product offerings. Our products are tailor-made to be relevant and competitive and suit all your business requirements. We also have a host of income assessment programmes that will help you avail the highest eligibility for your loans. Climb the ladder to success with our SME finance solutions.

  • Get loans ranging from ₹ 50 lakh to ₹ 3 crore with a tenure of up to 15 years.
  • Avail loans against residential and commercial properties from 60% to 70% (Loan-To-Value Ratio depending on the type of collateral).
  • Enjoy maximum loan eligibility with different lending options such as an ITR-based assessment programme, turnover and banking-based programme, existing loan repayment, track-based loan programme and lots more.
  • Enjoy top-ups on existing loans proposed for balance transfer.
  • Enjoy doorstep service, simple, fast and transparent processes.
Proof of Identity
  • PAN card
  • Passport
  • Voter ID card
  • Driving license
  • Government identity card
  • Aadhaar card
Address Proof
  • Passport
  • Voter ID card
  • Driving license
  • Latest utility bills such as electricity bill, telephone bill, gas pipeline bill and water bill.
  • Aadhaar card
  • Ration card
Proof of Business Address
  • Certificate under Shops and Establishment Act
  • Certificate of registration
  • Latest utility bills such as electricity bill, telephone bill, gas pipeline bill and water bill.
  • Active bank account statement or passbook
  • Property tax receipt
  • Index II of property
  • Registered rent agreement
  • Certificate issued by professional body incorporated under relevant statute.
Other KYC Documents
  • Partnership firm: Partnership deed
  • Company: Certificate of incorporation, Memorandum of Association, Articles of Association, latest CA-certified list of directors and shareholding pattern.
  • Trust: Registration certificate and deed of trust
  • Professionals: Qualifications and registration certificate
Proof of Income
  • Last 2 years audited CA-certified financials along with schedules, sub-schedules/tax audit report (if applicable), computation of income, ITR acknowledgement provisional financials (if applicable), along with VAT returns/GST returns to validate provisional sales figures.
  • Last 3 months salary slip along with their reflection in your bank account (in case of salaried individuals)
  • Form 16 for last two years.
  • Certificate under Shops and Establishment Act
  • Certificate of registration
  • Certificate issued by professional body incorporated under relevant statute.
Proof of Existing Loan
  • PAN card
  • Passport
  • Voter ID
  • Ration card
  • Marriage certificate
  • Aadhaar card (if relationship is mentioned)
Property-related Documents
  • Copy of complete chain documents of the property (as applicable).
  • Copy of agreement to sell (if executed).
  • Copy of allotment letter/buyer agreement (if applicable).
  • Copy of receipt/s of payment/s made to the developer (if applicable).

Disclaimer: The above list is indicative and may require additional documents depending on your case.

The different types of loan against property that can be availed are:

Residential: Given against the residential property (self-occupied/rented/ vacant).
Commercial: Given against rented and self-occupied commercial property.

Yes, you are eligible to apply for IndoStar Capital Finance Ltd. SME Finance loans if you are a proprietor, partnership firm, limited liability partnership, private or public limited company engaged in the business of manufacturing, trading, or services sector.

Furthermore, self-employed professionals such as doctors, engineers, chartered accountants, company secretaries, and architects with their practice/consultancy are also included in the SME self-employed professional customer category.

You have to be at least 25 years old to apply for a SME loan with IndoStar Capital Finance Ltd.

Yes, a co-applicant is mandatory to apply for a SME loan. All owners/co-owners of the property to be financed will have to necessarily be co-applicant(s) to the loan. The co-applicant must be a part of the immediate family – spouse, father, mother, son/daughter or brother. Your brother can only be added as a co-applicant if he is a part of your business or if your property is jointly owned or you live together. You have to be at least 18 years old to be a co-applicant.

An EMI or Equated Monthly Instalment is the monthly payment that you make to your lender. This payment is due on specific dates such as the 5th of every month in case of IndoStar Capital Finance Ltd. The EMI consists of two parts: the interest to be paid on the loan and the principal component. Thus, with every EMI that you pay, you are repaying a part of the loan as principal repayment along with the interest due on the amount borrowed.

Pre-EMI is collected as a cheque upfront during the disbursement process. As the EMI starts on a specific date, there is a gap between when the loan is disbursed and when the EMI payment begins. The interest charged during this period is called as pre-EMI.

Currently, we are offering only one EMI date which is the 5th of every month.

You can pay your EMIs by providing us a National Automated Clearing House (NACH) mandate form. This is an instruction that authorises the direct deduction of the EMI amount from your bank account (from which you would repay your loan) on specified dates. In case your bank is not registered for NACH, then you may have to open a new bank account in a registered bank and give us the form.

Market value is the fair value of the property that you intend to mortgage with us. This is determined by IndoStar Capital Finance Ltd empanelled valuers.

Loan-to-Value Ratio is the amount of loan that will be provided compared to the market value of the security, in this case, property. For example: If you want to take a loan against your property with a market value of Rs 1 crore and IndoStar Capital Finance Ltd quotes LTV as 65%, then IndoStar Capital Finance Ltd. is ready to fund Rs 65 lakh against your property. The LTV ratio excludes any taxes and statutory levies.

All properties within the approved geographical limit will be accepted subject to properties meeting the norms defined by IndoStar Capital Finance Ltd. Do note that farmhouses, Land/Plots, Factories etc will not be accepted as collateral.

Yes, you can make a part payment of your loan. However, part payment penalty will be charged to non-individual borrowers where the part payment is made within 48 months from the date of disbursement. Click here to know about all the charges applicable for Business Loan and SME LAP

Refer to the ‘Fees’ tab for details

You can email us at or visit any of our branches. To know our branch locations, click here.

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