MSME/SME Loan Scheme

MSME Loan / SME Loan Features & Benefits

Looking for an instant SME loan in India to grow your slow-moving business? We at Ziploan offering quick MSME/SME loan up to 7.5 lakhs to meet your financial requirements. You can get an SME loan without collateral in just 3 days* after submitting few documents.

instant business loan

ZipLoan is the Lender of Choice for Small Businesses.


Minimal Documentation

No balance sheet needed


No Prepayment Charges

After first 6 EMIs


Receive Funds Within 3 Days*

Straight into your account

What is the meaning of SME Loan?

SME finance is the funding of small and medium-sized enterprises and represents a major function of the general business finance market – in which capital for different types of firms are supplied, acquired, and cost or priced.

Top Features of MSME/SME Loan:

  • MSME/SME Finance up to Rs 7.5 lakh – We offer MSME loans without collateral ranging from Rs. 1 to Rs. 7.5 lakhs. We have a flexible ticket size, so you can pick the amount that you require.
  • Get Loan in 3 Days* - Online submission of the documents helps us process your loan application faster. We disburse the loan amount within three days* after receiving your SME/MSME loan documents.
  • Apply Online - To apply the SME loan scheme fast and hassle-free, we have made the entire application process online. We also offer same-day approvals with disbursals within three days after the documents are submitted and verified.
  • Low-Interest Rates - Our SME loan interest rates are low compared to our competitors. The automated process makes our process and interest rates fair. The interest rates are offered on the basis of your business's repayment ability.
  • Flexible Repayment Tenure - Our repayment tenure starts from 12 months to 36 months. Therefore, you get enough time to repay the loan amount.
  • Zero Prepayment Fees - We offer MSME loans at no pre-payment charges after you have paid the first 6 EMIs (excluding pre-EMI).

Benefits of SME Loan Scheme from ZipLoan

The following are the benefits of availing of an MSME loan from us:

  • Manage Working Capital Efficiently: Our SME loan will help you accelerate your business growth by purchasing new machinery, office revamping, and streamlining your working capital.
  • Business Expansion: With an unsecured MSME loan from ZipLoan, you can get ahead with production, product marketing, and expand your supply network as well.
  • Improve Credibility: With our MSME loan scheme, you can boost your business and deliver the order on time that will increase your credibility in the market.

Eligibility Criteria of MSME Loan

Our MSME loan eligibility criteria are simple to let more and more business individuals avail of the loan amount.

  • An established MSME with a proven business vintage of more than two years.
  • Minimum annual turnover of Rs. 10 lakhs in the last year.
  • The business must not have any default history.
  • The income tax filed during the last year should be more than Rs. 1.5 lakhs.
  • The borrower should own either house or a business place.

Documents Required for an MSME / SME Loans

 ProprietorshipPartnershipPvt. Ltd. / LLP / One Person Company
Bank statement (12 months)
Business registration proof
PAN Card
Aadhar Card
ITR of the previous two years

MSME / SME Loans Fees & Interest Rates

Customized Interest RatesYes
Loan Tenureup to 36 months
Pre-closure chargesNil** after paid the first 6 EMIs
Eligibility CriteriaAnnual turnover more than Rs.10 lakh
Loan Amount₹ 1 Lakh – ₹ 7.5 Lakh

How to Calculate MSME/SME Loan EMI?

Here is the formula to calculate MSME Loan EMI

EMI = P × r × (1 + r) n/ ((1 + r) n – 1)


P: Loan amount, r: interest rate, n: tenure in number of months

How to Apply for MSME/SME Loan

Here are three steps process to apply for an MSME loan online from ZipLoan:

  1. Submit Application - Simply enter your personal, business, and financial info to receive an MSME / SME Loans offer.
  2. Upload Documents - Upload digital copies of your documents in a single-step process for verification.
  3. Get Sanctioned - Receive your MSME / SME Loans approval and disbursal within 3 working days*.

How to Use MSME/SME Loan?

SME loan scheme is a great way to fund your business when needed. Here how you can utilize the fund of MSME/SME finance.

  • Inventory Management – MSME loan is a great way to secure your supply chain. With a fund of MSME finance, you can buy new stocks, and products, etc.
  • Buy New Machinery – You can use MSME loan to buy new machinery and equipment. Machinery loans up to 7.5 lakhs from Ziploan will help you expand your business without draining your capital fund.
  • Working Capital Management – You can maintain your working capital management with our MSME loan.
  • Repay Small Debts – One of the great advantages of availing MSME loan is you can repay small debts.
  • Invest in Marketing – MSME finance can be used to market your product or services to new consumers. Because marketing needs lots of funds that can be fulfil using MSME loan.

Solving Real problems

Ram Yadav

I have been running my business for over twelve years but have not been able to undertake expansion activities. I applied to Ziploan and they cleared my loan application in a very short span of time.

Kanchan Lata

I approached Ziploan for an equipment finance loan. Their eligibility criterion was easy to fulfill because it required only 2 years ITR and 10 lacs of annual banking credit.

Ready for Ziploan to
empower your business ?