Overview

Crust Corporate understands that each business has unique financial needs. We take great pride and effort in ensuring that business owners and entrepreneurs meet their business goals by offering them the best possible financial solutions. We work hard in ensuring customer convenience so that you can focus on growing your business while leaving the financial aspects to us. To this end, we have designed an end to end digital process so that you can apply for a business loan from the convenience of your home, anytime and anywhere. 

Based on the information you provide on your online small business loan application, we provide you with solutions that best fit your needs.

Whether you are planning expand your business or starting up a new enterprises, Crust Corporate has a wide array of unsecured solutions of up to `50 lakhs* to support you. Our flexible solutions help you take care are not just your capital requirements but also short-term and working capital needs towards everything from buying or replenishing inventory, to purchasing equipment, to office expansion, to business marketing, and even paying for additional staff. With over a decade of experience serving small business owners, we at Crust Corporate strive to provide the best business loans in Indiaas per the requirement of every unique customer across various sectors including retail, e-commerce, and travel.

Business Loan Features & Benefits

Apply online for business loan today, and begin to manage your account on our simple but highly powerful dashboard. With our seamless online tracking process, you can manage and change your custom preferences in seconds. Other benefits include:

Flexible loan facilities: With our flexible loan facility, you repay your loan within 12 – 60 months as per your convenience. Thus, you can ensure that your repayment schedule matches your cash flow. There are also options for foreclosure that allow you to prepay the loan amount without any extra charges*.

Servicing capital requirements: We offer quick and easy finance for up to `50 lakhs* to small businesses. Our competitive interest rates ensure that your cost of capital remains low.

Small business loans within 24 hours*: We understand that opportunities do not knock twice. This is why we have transparent business loan eligibility criteria and minimal documentation requirements that allow you to get the funds when you need them.

No collateral: With Crust Corporate, you can get collateral free business loans* and needn’t pledge your personal or business assets to finance your small business.

Tailormade solutions: Our small business loan products come with pre-approved offers for your capital needs. You can also get a higher loan top-up amount and choose repayment tenure up to 60 months as per your convenience.

Online account access: You can track and manage your business loan account anytime, anywhere and across devices (desktop, mobile, or tablet) using our service portals and mobile applications.

* Terms and conditions apply

Documents required for a Business Loan

At Crust Corporate, documentation for business loan application involves basic KYC documents (PAN, Address proof), Bank Statements and business documents. Here is a list for your quick reference.

  • Recent photograph
  • Valid Identity Proof such as PAN card, Driving License
  • Valid Address Proof such as Electricity bill, Passport
  • Bank statements
  • GST or ITR
  • Income proofs
  • Proof of Business existence (like Certificate of Incorporation, etc.)

For a more complete list, please visit the Business Loan Documents page or speak with our customer care representative.

How to apply for a Business Loan?

  1. Click on Business Loan or SME Loan based on your requirements.
  2. Enter the information requested and upload the necessary documents.
  3. Enter the loan amount and select tenure
  4. Based on the information you enter, you will be given an instant decision – that is, you will be informed immediately if the organisation will consider your application going forward.
  5. If yes, you will be given a reference number. Please save this number for future communication.
  6. A Crust Corporate representative may get in touch with you for any further information that may be required.
  7. Your loan application will go through various stages of verification, which also includes verification of all documents as well as physical address verification & document collection.
  8. After verification is complete, you will be given a customised offer on the loan amount as well as the rate of interest.
  9. Post approval, the loan amount will be disbursed to your bank account.

*Terms and Conditions apply

Customised solutions for your business to take on new heights!

We know that your business is built with a lot of hard work, sincerity and responsibility. We respect these qualities and offer all responsible businesses with some of the best growth solutions in the market. To achieve this, Crust Corporate blends design, technology and personalized services to create meaningful relationships with you and your business. Our eligibility criteria include factors related to both, you and your enterprise.To calculate your business loan eligibility, use business loan eligibility calculator.

Eligibility criteria for a small business loan from Crust Corporate (Individuals & enterprises):

  • Self-employed individuals, proprietors, private limited companies, and partnership firms working in manufacturing, trading, or services.
  • Individuals who have been engaged in the current business for at least three years with a total of five years of business experience.
  • Individuals should be at least 22 years of age while applying for the loan, and less than 65 years of age at the time of maturity.
  • Enterprises with a minimum turnover of `10 Lakhs.
  • Enterprises making profits for the past two years.
  • Enterprises with a Minimal Annual Income (ITR) of `2 Lakhs per year.

If your requirement is for more than `50 lakhs, we offer business loans that are secured with property. The eligibility criteria, interest rates and documentation in such cases will be different.

Please note that the above list is not exhaustive. There might be additional documents required for the business loan at the time of verification, depending on your application and the company’s policies. Speak with a customer care representative to learn more!

What are the customer profiles considered for business loan eligibility?

  • Self-employed professionals (SEP): Chartered accountants, architects, company secretaries, and allopathic doctors who are currently engaged in their profession.
  • Self-employed Non-Professionals (SENP): Under this profile, we consider retailers, proprietors, service providers, traders and manufacturers.
  • Entities: Any private limited company, limited liability partnership, partnership, or closely held limited company is eligible to apply for a business loan. For entities whose requirements are more than `50 lakhs, please visit Loan Against Property for SME.

Borrowing for your business is always a positive step that can help you move faster. Our customised business loan interest rates and fees are tailored to suit every customer as per his or her individual profile and requirement. Thus, no matter what your need is – working capital, purchase of new machinery, business expansion or debt consolidation, our affordable solutions will ensure that you can meet your business loan requirements in the easiest and most convenient manner.


Crust Corporate offers affordable Business Loans solutions. Upon receiving your application, you will firstly be evaluated for eligibility as per our policy at the time of loan application based on the information you provide us. If deemed eligible, our representative will get in touch with you to understand your requirements in detail and set up an appointment for document collection. Depending on what you require, your credit score, business turnover and other financials, we will arrive at the best possible business loan interest rates that can be offered to you. 


Read on to know more about our business loan interest rates and other charges. 


To know more, please feel free to get in touch with us through our customer care centre, or visiting us at your nearest Crust Corporate branch. 

Crust Corporate Business Loan Interest Rates

Interest Rate 17-21% Interest Rate (depending on several factors including location, net income, business stability, collaterals, existing monthly obligations, etc.)
Loan Amount Up to Rs. 50 Lakhs*
Loan Tenure 12-60 Months
Proceeding Fees Up to 6.5% of the Loan Amount
Customer Type Proprietor / LLP/ Pvt Ltd / Partnership / Public Ltd

Business Loans Fees & Charges

Here’s a table of Fees and Charges for Crust Corporate Business Loans to help you understand the same in detail

Fee Type Applicable Charges
Delayed EMI Payment Interest
( per month of delay, every month)
As stated under additional interest charge**
Collection of Cheque/Cash
(per collection)
300
Cheque /ECS dishonoured Charges
(per dishonour of cheque/ECS per presentation)
300
Swap Charges- for replacement of Post-dated cheques to ECS
(per instance)
500
Swap Charges- for replacement of ECS to ECS
(per instance)
500
Loan Cancellation charges
(loan cancelled before first EMI)
1000
Foreclosure Charges  
0 to 6 EMIs fully paid Not allowed
7 to 17 EMIs fully paid 7%
18 to 23 EMIs fully paid 5%
24 to 35 EMIs fully paid 3%
36 or more EMIs fully paid 0%
**Additional Interest (applicable for payment defaults): Rate
For all loans 2% of the overdue EMI amount per month calculated on a daily basis

*Terms and Conditions apply

Documents Required for Business Loan

To receive an approval for your business loan, you will need to submit the following documents:

Identity Proof

For a company, firm or individual - a valid identity proof and PAN Card

Address Proof

Voter ID Card, Ration card, Passport, or Driving License

Bank Statements

Latest Bank Statements for last 6 month

Income Documents

 This should include the latest ITR along with the computation of income, balance sheet, profit and loss account for the past two years. This has to be submitted after the requisite CA certification

Proof of Continuation

ITR/Trade license/Establishment/Sales Tax Certificate

Other Documents

Sole Proprietorship Declaration or Certified Copy of the Partnership Deed, certified true copy of the Memorandum & Articles of Association (certified by the company Director) and the Board resolution


The above is just a basic list. The actual list of business loan documents will depend on your profile, requirement and Crust Corporate’s policy at the time of application.

To know more, get in touch with us today via our toll free number 1800 103 6001 (between 9:00 AM - 7:00 PM on all days except Sundays and public holidays) or email us at namaste@crustcorporate.com

EMI Calculator

Loan EMI

₹ 24,959

Total Interest Payable

₹ 34,90,279

Total of Payments
(Principal + Interest)

₹ 59,90,279

Created with Highcharts 4.2.2 Break-up of Total Payment 41.73% 58.27% Principal Loan Amount Total Interest Total Interest: 58.27%

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Need help? Call our award-winning support team at 040 6666666666


Frequently Asked Questions

If you take a loan for new business from a bank or lender, you shall receive a lump sum amount that you need to repay in a defined period of time that is in form of EMIs, at an interest rate that can be fixed or floating rates. There is no minimum loan amount criteria to borrow and the maximum loan amount can go up to Rs. 1 crore, depending upon business requirements. The repayment tenure ranges from 12 months to 5 years. In some case the repayment tenure may exceed as per the sole discretion of the lender.

You can use business loans for various purposes, as mentioned below:
  • For business expansion or relocation
  • To meet working capital requirements
  • Enhance business cash flow
  • To purchase land or space for business operations
  • To purchase equipment/machinery/raw materials
  • To stock up inventory
  • To pay rent/salaries/hire employees/staff training, etc.
  • Scale-up operations or to upgrade technology
  • New product or technology setup or installation
  • Office premises’ renovation

  • Term Loan
    Currently many types of term loans are available, such as short-term loan, long-term loan and other small business loans. An entrepreneur can avail these loans according to his/her requirements and economical position. Mainly the loan tenure for a short term loan is 12 months and for long-term loan it goes up to 5 years.
    Term loans are divided into two parts, unsecured business loans and secured business loans. In secured loans, the collateral or security can be a certain property, machinery or a business ground and they will usually possess lower interest rates as compared to an unsecured one. Most of the business loans are unsecured loans and do not require any collateral or security to be submitted to banks or NBFCs.

  • Working Capital Loan
    Get small business loan and working capital loan to overcome the day-to-day financial requirements of enterprises. The daily expenditure of enterprises include paying-off salaries, buying raw materials, paying rent, undertaking trainings, etc.

  • MUDRA Loan Under PMMY
    Micro Units Development and Refinance Agency (MUDRA) loan is a funding provided by most of the leading banks to Micro, Small and Medium Enterprises (MSMEs) nationwide. Under the Pradhan Mantri MUDRA Yojana, loans of minimum Rs. 50,000 and maximum of Rs. 10 lakh are provided to start an enterprise or an SME unit. Through the Mudra Loan Yojana, the Government wants to ensure that proper funding is provided to first-time entrepreneurs or existing business owners.
    PMMY is a scheme launched by Government of India to offer funds up to Rs. 10 lakh to non-farm small/micro enterprises and non-corporate companies. Mudra loan scheme is divided into three categories named as Shishu, Kishore & Tarun wherein these loans are offered by Private Sector Banks, Public Sector Banks, Regional Rural Banks (RRBs), etc. Small business loans are also offered under this scheme.

  • Loans for Self-employed Entrepreneurs
    This is the most popular category among all as the loans for self-employed entrepreneurs are taken in large numbers. The loan amount can range anywhere between Rs. 50,000 being the minimum and can reach up to 10 crore. The interest rate offered depends on the financial history of the applicant and is decided by the lenders as per their discretion.

  • Stand-Up India
    Stand-up India scheme was introduced by Government of India to provide funding to people who come under SC/ST category and women entrepreneurs. The primary purpose of this scheme is to help banks in offering loans between Rs. 10 lakh and Rs. 1 crore to at least one SC/ST borrower and at least one women entrepreneur per bank branch in enabling them to set-up their own enterprise.

  • Startup India
    Startup India Scheme is an initiative by the Government of India that offers financing and handholding support to Startup entities for growth and expansion. Additional key functions include promotion of Startups, wealth creation and employment generation. To avail benefits of government schemes, an entity needs to be recognized as a Startup by applying on Startup India Mobile App/portal and obtaining the certificate of recognition.

  • Bill-Invoice Discounting
    Invoice discounting is a financial instrument offered by banks and NBFCs. Bill discounting is a source of working capital finance for the seller of goods on credit. it is a discount which, a financial institution takes from a seller’s customer. Through the payment being made by letter of credit, buyer has the option of buying goods from the seller. Bills that come under bill discounting are termed as ‘bills of exchange’.

  • Letter of Credit
    Letter of credit is a payment instrument used mainly in international trade in which bank provides monetary guarantee to enterprises which deal in import and export of goods. Letter of credit is used for both import and export of goods. Enterprises doing businesses overseas have to deal with unknown suppliers and they require assurance of payment before performing any transaction. Therefore, letter of credit is important to provide payment assurance to the suppliers or exporters.

  • Point of Sale
    Point of Sale Loan is a type of funding wherein merchants offer their customers some financial assistance at point of their purchase. This funding is provided in order to assist their customers in buying a product or service from their shop. Business owners, enterprises, MSMEs, entrepreneurs, retailers can avail Loan against POS machines to start a new business or to manage their existing businesses. Point of Sale Loan is also termed as Merchant Cash Advance in which the loan amount depends on business volume generated via POS terminals.

  • Overdraft Loan
    An overdraft means overdrawing money from ones’ current/savings account. In simpler words, an account holder takes out more money that has been deposited in the account. An agreed rate of interest will be charged, if the overdrawn amount is within the limits of a preceding agreement.

Top Features of Business Loan:
  • Interest Rate: 11.90% onwards
  • Nature of Loan: Short- and Long-term, Working Capital, Secured and Unsecured Loans
  • Minimum Loan Amount: No Limit to Borrow
  • Maximum Loan Amount: Up to Rs. 1 crore (collateral-free loans), can exceed as per business requirements
  • Repayment Period: From 12 months to 5 years


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