Priority Loan
Business loan for Micro and Small Businesses
Empower your micro and small business with our flexible Priority Loan. Borrow up to ₹1,00,000 with minimal paperwork, quick disbursement, and multiple repayment options. Enjoy low EMIs and no prepayment penalties, making it easier to focus on your growth.
Key Features
Loan Amount
Up to 1 lakh rupees
Low EMI
Competitive Interest rate / Low EMI
No Prepayment Penalty
Repay your loan early without any additional charges
Minimal Paperwork
Simple documentation process
Quick Disbursement
Fast and efficient loan disbursal
Multiple Repayment Options
Repayment can be monthly, weekly, fortnightly and daily
Installment Calculator
Loan Amount
Enter the desired loan amount
Type of Interest Rate
Choose between Reducing ROI and Flat ROI
Tenure Type
Select the repayment period – Daily, Weekly, or Monthly
Loan Tenure
Enter loan repayment duration.
Repayment Amount
Calculate your equated instalment
Applicable Charges
Processing Fee/Origination Charges
2% of the loan amount
Prepayment charges
Nil
Charges on Late payment of EMI
₹10 per day after a grace period of 5 days
Per EMI Bounce Charge
₹200 per bounce
Loan Cancellation Charges
Nil
*Note: Charges are subject to change as per policy.