Business Loan in Mumbai

As India's financial capital, Mumbai is an important city. There are several financial institutions and banks that serve the needs of the people and businesses.

A hassle-free small business loan in Mumbai from Ziploan can help small business owners boost slow-moving businesses. With minimal documentation and easy eligibility criteria, we finance up to Rs. 7.5 lakhs.

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

Features and Benefits - Business Loan in Mumbai

  • MSME Finance up to Rs 7.5 lakh – We offer small business loans for MSME ranging from Rs. 1 to 7.5 
  • Loan in 3 Days* - Once we receive your documents for a business loan, we disburse the funds within three days*.
  • Apply online - We have made the entire business loan application process easy and convenient. 
  • Best interest rates - Using an automated process and no manual intervention, we are able to offer fair business loan interest rates. Your business's repayment ability determines the interest rate.
  • Flexible repayment tenure - We offer repayment tenures ranging from 12 to 36 months. Hence, you will have sufficient time to repay the loan.
  • No prepayment charges - MSME finance at no prepayment charges after six EMIs (excluding pre-EMI).
  • Line of Credit - Get an instant line of credit upto Rs 3 Lakhs with a 2%* interest rate (per month) for your immediate business requirements

More than 70% of capital transactions occur in Mumbai. Mumbai attracts people from across India and has a large number of MSMEs. Many of these businesses require a small business loan to achieve their goals, such as addressing cash flow gaps, gaining working capital, managing inventory, purchasing new equipment, expanding their business, and so on.

You can receive a business loan in Mumbai up to Rs 7.5 lakh within 3 days from ZipLoan, an RBI-registered NBFC in Mumbai for business loan. 

Documents and eligibility criteria

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

Business loan interest rates and charges

Our business loan interest rates in Mumbai are:

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

Note:- We don't provide a loan for new business in Mumbai. 

Business Loans EMI

Equated Monthly Instalments (EMIs) let you pay off a loan in affordable monthly payments. Ziploan offers you a convenient EMI repayment option. You can repay the loan amount between 12 and 36 months.

You can calculate your EMI using our business loan EMI calculator.

How to Calculate Business Loan EMI?

Here is the formula to calculate business 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 Business Loan in Mumbai

To apply for a business loan in Mumbai online from ZipLoan, follow these three steps:

  1. Submit application - Complete our online application to receive a business loan offer.
  2. Upload documents - Verify your documents in one step by uploading digital copies.
  3. Get sanctioned - Your business loan will be approved within 3 days* and disbursed.

Types of Small Scale Business Loan in Mumbai

Here are the types of business loans that are available to you:

  • Short-term loan:  Finance for specific business areas on a short-term basis or for employee salaries or purchasing assets for the business. An owner of a business takes out a term loan to borrow a specific amount of money and repay it with interest over time.
  • Business credit line: A specific amount of money is available to the business owner at any time. Similar to a credit card, revolving credit provides a credit that resets once the amount withdrawn is paid in full.
  • Equipment financing: To purchase business equipment, or to purchase machinery, a business owner will need funds.
  • Invoice financingBusiness owners borrow money against customer invoices. A short-term requirement, it helps businesses manage cash flow, pays employees and suppliers, and boosts growth.
Ziploan is a trusted business loan provider in Mumbai that offers a quick business loan for women in Mumbai with minimal documents.

How to apply for a business line of credit loan?

Getting a line of credit for your business is pretty easy from Ziploan. Simply download our App and:

  1. Sign up with your registered mobile number
  2. Fill in your basic details to check your loan eligibility
  3. Get a real-time conditional offer basis on your PAN & Aadhaar Card
  4. Upload a few documents  – Address proof, Bank statement & ITR 
  5. Now track your loan application status on an app for approval
  6. The loan application is approved and money is transferred directly to your bank account

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 ?