Aditya Birla Finance Limited(ABFL) is among the leading financial services company in India offering end-to-end lending, financing and wealth management solutions to a diversified range of customers across the country. ABFL is registered with the Reserve Bank of India as a systemically important non-deposit accepting non-banking finance company.
Specifically designed for individual and non-individual borrowers, either self-employed entrepreneurs, traders, manufacturers and/or companies and professionals
A finance option to pushup operations, purchase new premises or machinery, acquire the latest technology and skilled manpower, operationalize new supply chain management systems, etc.
Loan Amount Range
Business Loan can be availed between Rs.50,000 to Rs.15,00,000
Type of Loan
Term Loan with EMI based repayment
It’s an Unsecured Business Loan in which no collateral or guarantor is required.
The tenure can be between 12 to 36 months
The rate of interest can be 18% to 24% per annum
Self-employed individuals, Proprietors, Private Ltd. Co. and Partnership Firms involved in the business of Manufacturing, Trading or Services.
The minimum vintage of business should be 1 year.
Minimum Annual Sales Turnover – Rs.5 Lakh
Ownership – Residence/Office
Residence – Self / Parental Owned / Rented
Office – Self-owned / Rented
|Type of Proof||Sole Proprietor (SP)||Partnership||Company|
|Home Address Proof (Any One)||
|Business Address Proof (Any One)||
|Legal Existence Proof||