Current Business Loan Interest Rates in India : Updated November 2017

Bank / Financial InstitutionBusiness Loan Interest RatesProcessing Fee (Does'nt include GST)
Bajaj Finserv14.00% - 20.00%2%
Bank of Baroda14.10% - 14.10%2.00% - 3.00%
Bank of Maharashtra14.50% - 15.50%1 %, (Min. Rs. 1000)
Capital First16.00% - 24.00%2%
Citibank15.99% - 18.99%2.00% - 3.00%
Corporation Bank13.55% - 14.55%1.5% (Min Rs. 500)
DCB Bank10.70% - 18.00%2%
Fullerton India16.00% - 33.50%2%
HDFC Bank15.50% - 18.30%2.5% (Min Rs. 1,000, Max Rs. 75,000)
ICICI Bank12.15% - 16.65%2%
IDBI Bank13.00% - 14.00%1%
IndusInd Bank14.00% - 23.00%2%
Kotak Bank16.00% - 19.99%Upto 2%
Lendingkart18.00% - 27.00%1%
OBC11.95% - 11.95%0.50 - 1.00%
PNB12.60% - 15.60%Up to 2%
RBL Bank20.00% - 22.00%Up to 3%
State Bank of India (SBI)11.20% - 16.30%2.00% - 3.00%
Syndicate Bank14.45% - 14.45%0.5% (Min Rs. 500)
Tata Capital13.50% - 23.00%Up to 2%
United Bank of India14.15% - 14.15%Up to 1.5%