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Business Loan Interest Rates

Banks vs NBFCs vs fintech lenders.

By Nishit Kumar, Founder & Editor
Updated 17 August 2026

Your numbers

₹20 L
₹50,000₹20,00,000₹50 Cr
514%36
15 years15
02%5
Monthly EMI
₹46,537
  • Principal70%
  • Interest + fees30%
Total interest
₹7,92,190
Processing fee incl. GST
₹47,200
Total cost of borrowing
₹8,39,390
Effective annual cost
8.39%
Net disbursal
₹19,52,800

What this means.Business loan interest is a deductible business expense, so the after-tax cost is lower than the headline rate. Processing fees are usually deducted upfront — you receive less than you borrowed but pay interest on the full amount.

Questions

How often is this rate table updated?

Rate tables are refreshed weekly, and immediately after an RBI policy change or a Budget announcement. Every figure on the page carries the date it was captured and a link to its source, so you can always see how current it is.

Does Credsir get paid to rank products here?

No. We earn from partner links and advertising, but rankings come from a published scoring formula that runs identically on every product, whether we earn from it or not. Products we make nothing from appear in these lists whenever they win on the numbers.

Are these the rates I will actually be offered?

Advertised rates are the best case, reserved for applicants with a high credit score, stable income and a favourable profile. Your offer depends on your credit score, employer, income and existing obligations. Treat published rates as the floor, not the quote.

Related reading

Worth knowing.Rates, fees and terms change frequently and vary by applicant. Everything here is general information, not personalised advice. Confirm the current terms directly with the institution before you apply. How we research and rate.