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Unsecured MSME Loans/SME Loan for Small Businesses

RBI registered company

Business loans for MSMEs to grow

Kinara Capital has supported 90,000+ small businesses across India. Get a collateral-free MSME business loan for your various operational requirements.

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

MSME/SME Loan EMI Calculator


₹1 lakh ₹30 lakhs
6
6 months 5 years
24%
24% 30%
17,853

Monthly EMI

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!

Hiren Radadiya
Sri Aarusuvai Food Products
Kinara Capital’s loans of Rs. 2 lakhs and Rs. 10 lakhs helped me expand my business, increase production, and grow my turnover to Rs. 2 crores with 30 employees.

Arjun Singh Rajput
Sri Aarusuvai Food Products
Kinara Capital believed in my business when others didn’t. Their Rs. 6 lakh loan helped me invest in new machinery, turn things around, and watch my business grow.

Sandeep Shewale 
Sri Aarusuvai Food Products
Kinara’s quick, hassle-free loan helped me buy new equipment, expand my team, and grow my business. I’m grateful for their support.

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!
CHECK ELIGIBILITY

More about MSME/SME loan

FEATURES

Features of MSME/SME Loan

• With a flexible and digital application process, Kinara Capital can provide collateral-free MSME loans in just 24-hours.
• Multi-lingual support is available throughout the process with doorstep customer service. We provide SME loans to 300+ sectors, across 100+ cities and 4,500+ pin codes.
• Small businesses can avail of our loans to meet a range of business expenses and to expand their operations.
• Business owners can apply for MSME Loan starting with a quick 1-minute eligibility check.

BENEFITS

Benefits of MSME/SME Loan

MSME/SME loans offer various benefit to small business entrepreneurs, including:


• They can support the improvement and expansion of business operations by adding machinery, equipment and other necessities

• They can be easily availed of, and in Kinara’s case, are issued without the need to provide any form of security or collateral.

• Kinara’s MSME loans are fast and flexible, and require minimal documentation.

• Kinara provides easy and hassle-free repayment options.

• Kinara’s MSME loans have an extremely short turnaround time. You can receive your loan amount in just 24 hours after approval.

• Our MSME loans make special allowances, gauging the creditworthiness of a business or entrepreneur by considering various factors, instead of relying solely on credit history or score.

ELIGIBILITY CRITERIA

Eligibility Criteria for MSME Loan

To avail of an MSME loan from Kinara Capital, the first step is to ensure that you meet the basic eligibility criteria. To qualify for a MSME loan from Kinara Capital, 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 of 4,500+ where Kinara Capital is already offering services.
  • Total monthly turnover should be greater than Rs. 50,000 and less than Rs. 4 crores.
  • The business should fall under the list of sectors and sub-sectors serviced by Kinara.
  • Your business must be 2+ years old.

INTEREST RATES

MSME Loan Interest Rates

MSME loan interest rate 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 interest rates start at 24% per annum and are calculated on a reducing rate basis, which means you can end up paying interest of only 1% a month. Interest being calculated on a reducing rate basis means that as your outstanding loan amount goes down with repayments, so will your interest outgo. Over the long term, this will reduce your EMI payment and make repayment easy and affordable.

DOCUMENTS REQUIRED

Documents Required for MSME/SME Loan

Traditional lenders like banks have a long and tedious application process and require extensive documentation for issuing an MSME loan. This is largely because such lenders are risk-averse and consider small businesses to be high-risk borrowers who are more likely to default. This is even more so the case when it comes to unsecured loans, or loans which don’t require any collateral. Kinara Capital on the other hand, has proprietary data-led back-end processes to determine creditworthiness, and can therefore offer a quick and simple loan process requiring minimal documentation.

To apply for business loan from Kinara Capital, you will need 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

PROCESS

How to Apply for Kinara Capital MSME Loan?

Kinara Capital has a quick MSME business loan process. After the initial application process and approval, a loan can be disbursed within just 24-hours. You can get started with an MSME loan eligibility check on our website. If you are eligible, a Kinara Loan Officer will be in touch for the rest of the process. Once your application is verified and approved, your small business loan will be disbursed.

Our documentation process is flexible and allows for the substitution of certain documents with others, subject to availability. Now you can also download the myKinara app and take the eligibility check on it. If you qualify, you can  application process using the app.

PURPOSE

Purpose of MSME Loan

MSME loans from Kinara Capital can be used for a variety of purposes to stabilize the finances of a business and fuel its long-term growth. Here are some of the key ways an Kinara’s MSME loan can be utilized:

To purchase machinery: MSMEs can use Kinara’s Machinery Purchase Loans to buy new or used machinery. This can help the business scale up its production, improve product quality as well as speed up the delivery. This, in turn, can help the business owners to get market opportunities and take on bigger orders to fuel business growth.

To buy inventory or raw materials: Kinara’s MSME loans can be utilized to purchase raw materials or stock for a business. This helps the business stay on top of orders and purchases, without missing out on opportunities to make profit. With capital in hand, MSMEs can also make bulk purchases, which can help them reduce costs by availing discounts.

To expand product portfolio: MSMEs can use business loans from Kinara to add new products to their portfolio. Creating and marketing a new product typically requires a substantial investment, which most MSMEs can find difficult to source, given their limited liquidity and resources. With an MSME loan, they can finance the expansion of their product portfolio and get new opportunities.

Growing business presence: MSMEs can also expand their geographical presence by opening up new outlets in different markets or improving their premises and production units. Kinara’s MSME loans can help them invest in these endeavours, growing their presence in the market and attracting more business.

Covering day-to-day costs: Small businesses can avail of working capital business loans from Kinara to cover their regular business expenses like paying employee salaries and utility bills. This can help the business owners redirect focus and finances towards growth plans while operations continue uninterrupted.

MSME Loan Online

Things to consider when applying for an MSME Loan Online

  1. Check eligibility requirements on myKinara App
    You can check your eligibility for a business loan from Kinara Capital in just 1-minute through the multilingual myKinara App.
  2. Have financial documents ready
    Kinara Capital requires minimal documentation, but it’s best to have the necessary paperwork ready. This includes KYC documents (like PAN card), business KYC documents (Udyam registration), and recent bank statements for the last 12 months.
  3. Understand the terms and conditions
    Kinara representatives will guide you through every step of the loan process and resolve any queries you have. Make sure you thoroughly understand the details and terms and conditions of the msme loan before you complete your application.
  4. Check your EMI amount
    Use Kinara Capital’s EMI calculator to estimate monthly payments based on the loan amount, tenure, and interest rate. Knowing your EMI commitment in advance helps in budgeting and ensures manageable repayments.
  5. Don’t give incomplete or inaccurate information
    Ensure all the details you provide are correct and complete, as errors can lead to delays or rejections. Double-check key information, such as the business’s official name, registered address, and financial figures, and ask a Kinara representative if you have any questions.
  6. Don’t apply for multiple loans simultaneously
    Multiple loan applications can lower your credit score and give lenders the impression that your business is struggling financially. Kinara Capital is a one-stop solution for your msme loan needs.

Calculate

How to Calculate MSME / SME Loans EMI?

Kinara Capital offers an EMI calculator, which MSME entrepreneurs can use to simplify the calculation process and evaluate different loan options instantly. Kinara’s MSME Loan EMI calculator instantly provides borrowers with accurate repayment estimates based on their loan details.

Instant Business Loans in your city

Kinara Capital provides flexible, tailored business loans. Now that you understand what a business loan entails, here’s a look at who can qualify for a Kinara Capital business loan.

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