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The following Banks/NBFCs that offers lowest Interest Rates for Unsecured Business Loans at present:
CGTMSE Loans – 9.75%
CGTMSE Scheme is a unique offering which aims to bridge the gap between a business idea and its execution, offering financial support to entrepreneurs. Loans up-to a maximum of Rs1 crore can be availed, with the differentiating factor being the Credit Guarantee provided by the PSU Banks.The business loan interest rates starts from 9.75% under CGTMSE Scheme.
ICICI Bank – 16.75%
ICICI Bank Limited (Industrial Credit and Investment Corporation of India) is an Indian multinational banking and financial services company. In 2014, it was the second largest bank in India in terms of assets and third in term of market capitalization. The business loan interest rates provided by ICICI starts from 16.75%
Deutsche Bank – 18%
Deutsche Bank is the 15th largest bank in the world by total assets. As the largest German banking institution in the world, it is a component of the DAX stock market index. The business loan interest rates provided by Deutsche Bank starts from 18%
India Bulls – 19%
In 2013, Indiabulls Financial Services reverse merged with its own subsidiary Indiabulls Housing Finance to form the flagship company of the group. The business loan interest rates provided by indiabulls starts from 19%
RBL Bank – 20%
RBL/Ratnakar Bank Limited is a scheduled commercial bank. The Bank has a range banking services categorized in five sectors: Corporate & Institutional Banking, Commercial Banking, Retail Banking, Agri & Development Banking and Financial Markets. The business loan interest rates provided by RBL bank starts from 20%
Fullerton India – 21%
Fullerton India Credit Company Limited (FICCL) is a non-banking financial company (NBFC) which offers various retail finance products for rural households, and small and medium enterprises in India. The business loan interest rates provided by Fullerton India starts from 21%
FundsTiger can arrange loans from all above mentioned banks.You can apply for an attractive offer with best possible rate of interest and terms for Personal Loan, Business Loan , Home Loan and Car Refinance Loan.