We are Providing

Business Loan

Business Loan

In India, we have diverse regional and local pockets that have become business and manufacturing hubs. That’s why at Reliance Spectra India, we have identified across India with more than 100+ economic activities and customized our business loans based on each segment to make dreams & needs completed.
For instance, India has agriculture -traders as well as the dairy value chain and sports goods businesses, while Cooch Behar has homegrown jewelry and hardware businesses. At Reliance  Spectra India we have crafted business loans for the unique needs of these businesses. So whether you are a regional warehouse owner or a part of a dairy, agriculture, or textile value chain, if you are an SME & seek a term loan for your growing business, talk to us and get your needs and dreams done.


  • Secured term loans up to 5 Cr.
  • Structured loan – flexible loan tenure and customized repayment options.
  • Sanction/approval feedback within 3 days.
  • Faster disbursement – 3 Days from login to disbursement.
  • Covers 160 locations across India.
  • Tailored as per the understanding of the local markets.



Parameters Individual Applicant Non-Individual Applicant
Minimum Age
20 Years
-Profitable Operations for 1 years, -Stability of Operations (Geography) for at least 1 years
Maximum Age (on Maturity of Loan)
70 Years
90 % on Residential Property 70% Commercial Property
90 % on Residential Property 70% Commercial Property
Profit (PAT)
Positive for the past one years
Positive for the past one years


  • KYC Documents
  • Office address proof
  • Passport-sized photographs of all applicants/co-applicants.
  • Certified copies of MOA / AOA /Partnership deed.
  • Bank Statement (1 year).
  • 2 yrs ITR of directors/partners.

Business Loan FAQs

Who can avail of Business Loans?

Self-employed Individuals in the age group of 20 to 70 years (at the end of the loan tenure). Partnership Firms, LLPs & Private Ltd. Companies & closely associated public limited companies.

How much finance can I avail of?

Upto INR 5 Cr

What are the tenure options?

Business loans range from a minimum of 1 years up to a maximum of 15 years.

How long will it take to process the loan?

Loans are processed within 3 working days of completing the documentation.

Do I need a guarantor?

Guarantor is mandatory for all the cases

Do I have the option of pre-paying the entire loan amount?

Yes. One can pre-pay the loan at any time after 6 months of availing of the loan. No charge on Foreclosure..

How do I repay the loan?

You can make part pre-payments of a minimum amount of Rs 50,000 after 6 months from the date of first disbursement of the loan. This payment can be made only once in a financial year subject to a maximum of 25% of the balance outstanding against your loan amount at the start of the financial year

How do I repay the loan?

Electronic Clearing System (ECS) or Using Online

Where is our presence?

All India

Fees & Charges

ParticularsFees & Charges
Cheque Bounce ChargesRs 250/-
Cheque Swapping ChargesRs 300
Overdue InterestRs 300
EMI Cycle Date ChangeNA
Reschedulement ChargesNA
Duplicate NOCNA
Outstation Cheque ChargesRs. 45 per cheque
Cheque revalidation chargesRs. 100
Loan Statement charges ( per
Foreclosure ChargesRegular Customers prepayment allowed from
disbursement date.
i) Before 6 months:5% of Principal
ii) After 6 Months :2% of Principal
Loan cancellation chargesRs.1650
Loan reschedulement charges EMI
Cycle Date Change
SPDC retrieval Charges for swap,
matured, preclosure and customer
induced cancellations
i) Rs.100/- at the time of
Preclosure/Swap/Matured/Customer Induced
ii) Rs.150/- upto sixty days from the day of
Preclosure/Swap/Matured/Customer Induced
Changing Fixed Rate to Floating &
Vice versa
Non Refundable FeeNA
Conversion chargesNA
Copies of Loan Documents/
Agreement/Retrieval of Share
Charges on Part DisbursementNA
Foreclosure statement chargesNA
GST, as notified by the Government of India, is applicable on all fees, interest and other charges
and is subject to change as per relevant regulations of the Government of India.
Terms and conditions apply.