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Business Loans in Mumbai

Get Collateral-free MSME loans upto Rs. 30 Lakhs

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myKinara App

RBI registered company

Grow fast with Business loans in Mumbai

Kinara’s collateral-free business loans are aimed at providing fast access to funds for MSMEs. We provide doorstep customer service and our business loans process requires minimum documentation. 

Our fully digital process can go from loan decision-to-loan disbursement within 24-hours. Check your eligibility in a minute!

Tenure

12 to 60 months

Loan Amount

₹ 1 Lakh- ₹ 30 Lakhs

Interest Rate

Starts at 24%

(On a reducing rate basis)

Why choose Kinara Capital?

Get MSME loans from ₹1 lakh to ₹30 lakhs with a digital-first process in your preferred language.

CHECK ELIGIBILITY

Fast

Get your loan in just 24-hours

Flexible

Minimal and flexible documentation process

Friendly

Doorstep customer service to help you from start to finish

HAPPY CUSTOMERS

Meet our VikasChampions

With their grit & perseverance, small business owners go on to create local jobs and grow India’s economy. Here’s what they have to say about us!

Sivachandra R.
Sri Aarusuvai Food Products
We took the loan and two subsequent ones from Kinara for buying machinery, which have been very helpful in running our business successfully
Sivachandra R.
Sri Aarusuvai Food Products
We took the loan and two subsequent ones from Kinara for buying machinery, which have been very helpful in running our business successfully
Sivachandra R.
Sri Aarusuvai Food Products
We took the loan and two subsequent ones from Kinara for buying machinery, which have been very helpful in running our business successfully

SIMPLE STEPS

How to apply for business loan?

All you have to do is enter a few details and upload your documents to our secure online portal. We’ll take care of the rest!
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More about business loan

BUSINESS LOAN

Unsecured Business loans in Mumbai

Mumbai is a thriving city with a multitude of business opportunities. It is one of India’s largest cities in terms of population, and is also considered the commercial capital of the country. From Andheri and Kurla to Mahape and Thane, there are thousands of small businesses, from shops to restaurants and service centres. Many small business entrepreneurs start their journey in Mumbai because of the many opportunities available. As a result, many are on the lookout to get a business loan in Mumbai. There are a lot of loan providers in Mumbai, but most of them are likely to be averse to lending to small businesses. To avail of easy collateral-free business loans in Mumbai, small business entrepreneurs can turn to Kinara Capital.

Kinara Capital has stepped in to bridge this credit gap by providing unsecured business loans in Mumbai. The loan can be used for various purposes, such as expanding the business, buying more machinery, or covering day-to-day business expenses. These loan interest rates can vary depending on the purpose and tenure of the loan, as well as the lender’s policy and the borrower’s credit history. Kinara Capital’s online loans can be accessed quite easily and with minimal documentation within 24 hours.

BUSINESS LOAN

Business Loans in Maharashtra

The six most important industries in the state are cotton textiles, chemicals, machinery, electricals, transport, and metal works. From Kolhapur and Sangli to Ichalkaranji and Nashik, there are many industrial and commercial hubs across the state. Kolhapur is best known for the production of the signature Kolhapuri footwear, while Pune is the largest auto hub of India. There are many provisions for availing of a business loan in Maharashtra, from banks and NBFCs to private lenders. But getting an SME loan in Maharashtra might be a challenge, given that most lenders are keen on bigger companies than small factories. But NBFCs like Kinara Capital can solve this problem by offering small business entrepreneurs access to capital through collateral-free loans.

ELIGIBLITY CRITERIA

Eligibility Criteria for a business loan in Mumbai

To avail of a these loan from a particular lender, you must first ensure that you meet their basic eligibility criteria. These conditions vary from lender to lender, and in order to qualify for a business loan from Kinara, you need to meet the following criteria:

• Your business should be part of the manufacturing, trading or services sector.

• The pin code should be one where Kinara Capital is already offering services.

• Total monthly turnover should be greater than Rs. 50,000 and less than Rs. 2 crores.

• The business should fall under the list of sectors and sub-sectors serviced by Kinara.

DOCUMENTS

Documents Required for a Business loan in Mumbai

Traditional lenders like banks typically have a very intensive and tedious documentation process. However, new-age lenders like Kinara have come up with data-led ways to gauge creditworthiness, therefore reducing the need for extensive paperwork. Kinara has a simple and minimal documentation process, and offers the option to substitute certain documents for others, based on availability. To apply for business loan from Kinara Capital, you will need just the following documents:

• Applicant, co-applicant and business KYC documents (ID and address proof)

• Applicant’s PAN card

• Business registration document

• Last 12 months’ bank statements

FEATURES

Features of Kinara Capital Business Loan

A Kinara Capital loan has the following features, which sets it apart:

• Unlike other loans, Kinara’s loans are completely collateral-free.
• The online business loan application process is quick and easy, and can be completed either by the customer themself or with the help of a Kinara representative.
• The business loan interest rate is applied on a reducing rate basis, and once the paperwork is completed, the loan can be disbursed in as little as 24 hours.

PROCESS

How to apply for Business Loan in Mumbai?

If you want to secure a business loan in Mumbai and grow your existing business, Kinara Capital is here to help you. We provide Collateral-free business loans to MSMEs. Fill out our 1-minute eligibility check and if you are eligible, a loan officer will get in touch with you to complete the remaining formalities. The MSME loan process at Kinara Capital is hassle-free and requires limited documentation.

WHY KINARA

Why should you get a business loan from Kinara Capital?

With a fully digital process, we can disburse loans within 24 hours. We have a hassle-free and transparent process to provide you support in your regional language during the entire process. Kinara Capital is an RBI registered company and we have successfully disbursed these loans to more than 36,000 MSMEs.

Frequently asked questions

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Business Loans in Mumbai