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Get Business Loan Consolidation upto 50 lacs @14.99%*

Get Business Loan up to ₹50 Lacs

 

 

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Business Loan Debt Consolidation Overview

A business loan consolidation is a loan that helps business owners in merging all their loans into 1. What if you have to pay just 1 EMI/ month? If you don’t want to pay multiple EMIs each month, you can consolidate all these loans into 1.

Through this loan consolidation, you can pay off all your liabilities and credit card outstanding amounts with a single payment each month.

Customers Served icon

10 Lacs+

Customers Served

Google Reviews icon

4.7/5

Google Reviews

Pincodes Serving icon

10,000+

Pincodes Serving

Loans Disbursed icon

2000 Cr+

Loans Disbursed

Business Loan Debt Consolidation Interest Rates & Charge

Repayment PeriodMinimum 2 years to Maximum 7 years
Annual Percentage Rate (APR)Minimum 15.99% to Maximum 19%
Processing Fees1% to 2%
Stamp Duty Changes₹500

Key Features of Business Loan Debt Consolidation

Minimal Rejection icon

Minimal Rejection

Fill in all the details, and our loan experts will get in touch with you to make sure you have minimal chances of loan rejection.

Online Process icon

Online Process

Don’t visit one bank after another; when you can, just fill up the form, and we will appoint our trained customer support executive to assist you.

Minimal Documentation icon

Minimal Documentation

At LoansJagat, we will just ask for 6-7 basic documents to help you get the best loan offer.

Loan Without Security icon

Loan Without Security

You don’t need to keep your family-owned gold, house, or anything else to borrow a business loan.

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Best Loan Offer

At LoansJagat, you can apply, compare from 20+ Banks and NBFCs, and choose the best loan offer.

Customised Payments icon

Customised Payments

You can decide the payment tenure of your business loan. The loan tenure can vary from 12 months to 60 months.

Loan As Per Requirement icon

Loan As Per Requirement

You can apply for a loan as high as ₹50 lakhs and as low as ₹1 lakh. You can select the loan amount according to your needs.

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No-Wait Loans

After loan approval, money will be credited into your bank accounts in no time.

Multiple Uses icon

Multiple Uses

You can use this loan amount to pay off multiple bills, marriage expenses, or any other kind of emergencies.

Flexible EMI icon

Flexible EMI

You can choose the EMI date to pay off your loan as per your convenience.

Lowest Interest Rates icon

Lowest Interest Rates

After comparison from 20+ RBI-regulated banks and NBFCs, you can select a loan with the lowest interest rate, starting at 14.99%.

Easy Document Verification icon

Easy Document Verification

Our loan expert will guide you at every step to go through a quick document verification process.

Loan Up To ₹99 Lakhs icon

Loan Up To ₹99 Lakhs

Even if you don’t own any gold, property, or any other asset, it is very easy to apply for a loan up to ₹99 lakh with LoansJagat.

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Privacy

At LoansJagat, your business data is not shared with any 3rd party app or entity for business gains. We believe in a ‘Customer First’ approach.

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Free Guidance

After you fill in the form, our loan expert will guide you through the entire process. This will make it very easy to get approval on your loan request.

Debt Consolidation Loan Savings Calculator

Five Lakh

Max ₹50 L

Ten Lakh

Max ₹50 L

Total Loan Amount: ₹15,00,000

Apply for Savings
60K40K20K0K
41,856
29,325
Old EMI
New EMI

Total Monthly EMI

29,325

Savings

29.9%

Eligibility Criteria for Business Loan Debt Consolidation

credit-score

A credit score above 700

age

Above 21 yrs and below 60 yrs

income

Minimum 2 years business existence

experience

One ownership is mandatory (residence of office)

Required Documents for Business Loan Debt Consolidation

Identity Proof (Any one)

Identity Proof (Any one)

Any of the following

  • CheckAadhaar Card (Mandatory)
  • CheckPAN Card (Mandatory)
  • CheckPassport
  • CheckVoter ID
  • CheckDriving Licence
Address Proof (Any one)

Address Proof (Any one)

Any of the following

  • CheckAadhaar Card
  • CheckPassport
  • CheckUtility Bill
  • CheckDriving Licence
Business & Financial Documents

Business & Financial Documents

  • CheckBank statements (last 6 months)
  • CheckBusiness registration proof
  • CheckGST registration (if applicable)
  • CheckIncome proof / ITRs (as required by lender)

FAQs Related to Business Loan Debt Consolidation