{"id":16113,"date":"2025-06-11T15:30:27","date_gmt":"2025-06-11T10:00:27","guid":{"rendered":"https:\/\/blog.bosswallah.ai\/?p=16113"},"modified":"2025-10-13T17:45:35","modified_gmt":"2025-10-13T12:15:35","slug":"startup-loan-for-new-business","status":"publish","type":"post","link":"https:\/\/bosswallah.ai\/blog\/startup-guide\/funding\/startup-loan-for-new-business\/","title":{"rendered":"How to Get Startup Loan for New Business in India (2025)"},"content":{"rendered":"\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2>Table of contents<\/h2><ul><li><a href=\"#h-what-is-a-startup-loan-for-a-new-business\" data-level=\"2\">What is a Startup Loan for a New Business?<\/a><\/li><li><a href=\"#h-top-startup-loan-schemes-in-india-2025\" data-level=\"2\">Top Startup Loan Schemes in India (2025)<\/a><\/li><li><a href=\"#h-step-by-step-process-to-get-a-startup-loan\" data-level=\"2\">Step-by-Step Process to Get a Startup Loan<\/a><\/li><li><a href=\"#h-documents-required-for-startup-loan\" data-level=\"2\">Documents Required for Startup Loan<\/a><\/li><li><a href=\"#h-eligibility-criteria\" data-level=\"2\">Eligibility Criteria<\/a><\/li><li><a href=\"#h-best-banks-nbfcs-offering-startup-loans-in-2025\" data-level=\"2\">Best Banks &amp; NBFCs Offering Startup Loans in 2025<\/a><\/li><li><a href=\"#h-government-support-subsidy-programs\" data-level=\"2\">Government Support &amp; Subsidy Programs<\/a><\/li><li><a href=\"#h-common-mistakes-to-avoid\" data-level=\"2\">Common Mistakes to Avoid<\/a><\/li><li><a href=\"#h-tips-to-improve-loan-approval-chances\" data-level=\"2\">Tips to Improve Loan Approval Chances<\/a><\/li><li><a href=\"#h-conclusion\" data-level=\"2\">Conclusion<\/a><\/li><li><a href=\"#h-frequently-asked-questions-faqs\" data-level=\"2\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/div>\n\n\n\n<p>Starting a new business in India? The biggest hurdle most aspiring entrepreneurs face is funding. A <strong>startup loan for a new business<\/strong> can help you turn your idea into a thriving venture. In 2025, the Indian government and financial institutions are offering numerous loan schemes with low interest rates, minimal paperwork, and fast approval. Let\u2019s walk you through the entire process in a simple, step-by-step manner.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-c379184baef6b5c0fcc129f97c810c06\" id=\"h-what-is-a-startup-loan-for-a-new-business\" style=\"color:#f15f22\"><strong>What is a Startup Loan for a New Business?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" width=\"650\" height=\"250\" src=\"https:\/\/i0.wp.com\/blog.bosswallah.ai\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-4.png?resize=650%2C250&#038;ssl=1\" alt=\"\" class=\"wp-image-16118\" style=\"width:840px;height:auto\" srcset=\"https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-4.png?w=650&amp;ssl=1 650w, https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-4.png?resize=300%2C115&amp;ssl=1 300w, https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-4.png?resize=585%2C225&amp;ssl=1 585w, https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-4.png?resize=150%2C58&amp;ssl=1 150w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><figcaption class=\"wp-element-caption\"><strong><em>(Source &#8211; Freepik)<\/em><\/strong><\/figcaption><\/figure>\n\n\n\n<p>A <strong>startup loan<\/strong> is a type of business loan offered to new or early-stage businesses to help them with:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Working capital<\/li>\n\n\n\n<li>Equipment purchase<\/li>\n\n\n\n<li>Marketing and operations<\/li>\n\n\n\n<li>Hiring staff<\/li>\n\n\n\n<li>Technology and infrastructure setup<\/li>\n<\/ul>\n\n\n\n<p>\ud83d\udccc <strong>Note:<\/strong> Most startup loans in India are <strong>collateral-free<\/strong>, especially those backed by the government or MSME programs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-cab3567bd8080c03f1aa00338d425f19\" id=\"h-top-startup-loan-schemes-in-india-2025\" style=\"color:#f15f22\"><strong>Top Startup Loan Schemes in India (2025)<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table class=\"has-fixed-layout\"><thead><tr><th>Loan Scheme<\/th><th>Offered By<\/th><th>Loan Amount<\/th><th>Interest Rate<\/th><th>Repayment Tenure<\/th><\/tr><\/thead><tbody><tr><td><strong>MUDRA Loan (PMMY)<\/strong><\/td><td>Govt. of India<\/td><td>\u20b950,000 \u2013 \u20b910 lakh<\/td><td>7%\u201312%<\/td><td>Up to 5 years<\/td><\/tr><tr><td><strong>Stand-Up India Scheme<\/strong><\/td><td>SIDBI<\/td><td>\u20b910 lakh \u2013 \u20b91 Cr<\/td><td>6% \u2013 10%<\/td><td>Up to 7 years<\/td><\/tr><tr><td><strong>Credit Guarantee Scheme<\/strong><\/td><td>CGTMSE<\/td><td>Up to \u20b92 Cr<\/td><td>Bank&#8217;s discretion<\/td><td>Varies by lender<\/td><\/tr><tr><td><strong>Startup India Scheme<\/strong><\/td><td>DPIIT<\/td><td>Need-based<\/td><td>Subsidized<\/td><td>Flexible<\/td><\/tr><tr><td><strong>SIDBI Loans<\/strong><\/td><td>SIDBI<\/td><td>\u20b910 lakh \u2013 \u20b950 Cr<\/td><td>8% \u2013 14%<\/td><td>3 to 10 years<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p>\ud83d\udccc <em> Tip:<\/em> MUDRA and Stand-Up India are the most popular for first-time entrepreneurs.<\/p>\n\n\n\n<p><strong>\ud83d\udca1 Pro Tip:<\/strong>\u00a0If you want to start a\u00a0<strong><a href=\"https:\/\/blog.bosswallah.ai\/business\" target=\"_blank\" rel=\"noreferrer noopener\">Business<\/a><\/strong>\u00a0but have too many doubts, connect with a Business expert from Boss Wallah for guidance \u2013\u00a0<strong><a href=\"https:\/\/bw1.in\/1116\" target=\"_blank\" rel=\"noreferrer noopener\">Check Out<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-bf6b628eb1d5b1cdea703be1bbb7120f\" id=\"h-step-by-step-process-to-get-a-startup-loan\" style=\"color:#f15f22\"><strong>Step-by-Step Process to Get a Startup Loan<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"650\" height=\"250\" src=\"https:\/\/i0.wp.com\/blog.bosswallah.ai\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-3.png?resize=650%2C250&#038;ssl=1\" alt=\"\" class=\"wp-image-16120\" style=\"width:840px;height:auto\" srcset=\"https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-3.png?w=650&amp;ssl=1 650w, https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-3.png?resize=300%2C115&amp;ssl=1 300w, https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-3.png?resize=585%2C225&amp;ssl=1 585w, https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-3.png?resize=150%2C58&amp;ssl=1 150w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><figcaption class=\"wp-element-caption\"><strong><em>(Source &#8211; Freepik)<\/em><\/strong><\/figcaption><\/figure>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Step 1: Create a Solid Business Plan<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Include market research, competition, revenue model, and break-even point.<\/li>\n\n\n\n<li>Highlight how your <strong>digital skills<\/strong> will grow the business.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Step 2: Register Your Business<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sole proprietorship, partnership, LLP, or Pvt Ltd company.<\/li>\n\n\n\n<li>Apply for GST registration, PAN, and UDYAM (MSME) certificate.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Step 3: Check Eligibility &amp; Loan Options<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Use online tools from banks and NBFCs to check your loan eligibility.<\/li>\n\n\n\n<li>Choose government-backed schemes if you want lower interest and collateral-free loans.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Step 4: Prepare Required Documents<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ID &amp; address proof<\/li>\n\n\n\n<li>Business registration certificate<\/li>\n\n\n\n<li>PAN card<\/li>\n\n\n\n<li>Bank statements (6\u201312 months)<\/li>\n\n\n\n<li>Financial projections<\/li>\n\n\n\n<li>Proof of digital marketing presence (if available)<\/li>\n<\/ul>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Step 5: Apply Online or Visit a Branch<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Apply via official government portals like <a href=\"https:\/\/udyamregistration.gov.in\" target=\"_blank\" rel=\"noreferrer noopener\">udyamregistration.gov.in<\/a> or lender websites.<\/li>\n\n\n\n<li>You can also apply through the <strong>Startup India portal<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Step 6: Await Sanction &amp; Disbursal<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A loan is usually approved within 7\u201315 working days.<\/li>\n\n\n\n<li>Funds are disbursed directly to your business account.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-b6d923900235db9f2cead0d77817f8b1\" id=\"h-documents-required-for-startup-loan\" style=\"color:#f15f22\"><strong>Documents Required for Startup Loan<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Aadhar Card \/ PAN Card<\/li>\n\n\n\n<li>Business Incorporation Certificate<\/li>\n\n\n\n<li>Bank Statements (6-12 months)<\/li>\n\n\n\n<li>Income Tax Returns (if applicable)<\/li>\n\n\n\n<li>Project Report \/ Business Plan<\/li>\n\n\n\n<li>Address proof of business<\/li>\n\n\n\n<li>UDYAM MSME registration<\/li>\n\n\n\n<li>Proof of investment (if any)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-29483db5e49792872f3f282e8f6381a2\" id=\"h-eligibility-criteria\" style=\"color:#f15f22\"><strong>Eligibility Criteria<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Age: 21\u201360 years<\/li>\n\n\n\n<li>Indian citizen<\/li>\n\n\n\n<li>Businesses should be newly registered or operational for less than 5 years<\/li>\n\n\n\n<li>Must not have defaulted on loans<\/li>\n\n\n\n<li>Businesses should be profit-generating (or with a clear growth roadmap)<\/li>\n\n\n\n<li>Must demonstrate basic <strong>digital skills<\/strong> (website, <strong><a href=\"https:\/\/blog.bosswallah.ai\/what-is-social-media-marketing\/\" target=\"_blank\" rel=\"noreferrer noopener\">social media<\/a><\/strong>, <strong><a href=\"https:\/\/blog.bosswallah.ai\/understanding-the-difference-between-e-commerce-and-e-business\/\" target=\"_blank\" rel=\"noreferrer noopener\">e-commerce<\/a><\/strong>, etc.)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-eb14c6ae8051b41dcb187662a25faec8\" id=\"h-best-banks-nbfcs-offering-startup-loans-in-2025\" style=\"color:#f15f22\"><strong>Best Banks &amp; NBFCs Offering Startup Loans in 2025<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"650\" height=\"250\" src=\"https:\/\/i0.wp.com\/blog.bosswallah.ai\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-2.png?resize=650%2C250&#038;ssl=1\" alt=\"\" class=\"wp-image-16121\" style=\"width:840px;height:auto\" srcset=\"https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-2.png?w=650&amp;ssl=1 650w, https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-2.png?resize=300%2C115&amp;ssl=1 300w, https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-2.png?resize=585%2C225&amp;ssl=1 585w, https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-2.png?resize=150%2C58&amp;ssl=1 150w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><figcaption class=\"wp-element-caption\"><strong><em>(Source &#8211; Freepik)<\/em><\/strong><\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/blog.bosswallah.ai\/sbi-business-loan\/\" target=\"_blank\" rel=\"noreferrer noopener\">SBI <\/a>Start-Up Loan<\/strong><\/li>\n\n\n\n<li><strong><a href=\"https:\/\/blog.bosswallah.ai\/hdfc-business-loan\/\" target=\"_blank\" rel=\"noreferrer noopener\">HDFC <\/a>Business Growth Loan<\/strong><\/li>\n\n\n\n<li><strong>ICICI Bank MSME Loan<\/strong><\/li>\n\n\n\n<li><strong><a href=\"https:\/\/blog.bosswallah.ai\/axis-bank-business-loan\/\" target=\"_blank\" rel=\"noreferrer noopener\">Axis <\/a>Bank Mudra Loan<\/strong><\/li>\n\n\n\n<li><strong><a href=\"https:\/\/blog.bosswallah.ai\/bajaj-finance-business-loan\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bajaj Finserv<\/a> Startup Finance<\/strong><\/li>\n\n\n\n<li><strong>Lendingkart<\/strong><\/li>\n\n\n\n<li><strong>FlexiLoans<\/strong><\/li>\n<\/ul>\n\n\n\n<p>\ud83d\udccc <strong>Tip:<\/strong> Compare processing fees, prepayment charges, and customer reviews before choosing a lender.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/blog.bosswallah.ai\/business-loan\/\" target=\"_blank\" rel=\"noreferrer noopener\">ALSO READ | How to get a Business Loan: Eligibility, Documents, Interest Rate Calculator &amp; More<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-dbbbd35c7839a5eca32b0b78c2347a24\" id=\"h-government-support-subsidy-programs\" style=\"color:#f15f22\"><strong>Government Support &amp; Subsidy Programs<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"http:\/\/What is Startup India? Know All About Initiative for Indian Startups\" target=\"_blank\" rel=\"noreferrer noopener\">Startup India<\/a> Action Plan<\/strong><\/li>\n\n\n\n<li><strong><a href=\"https:\/\/udyamregistration.gov.in\/Government-India\/Ministry-MSME-registration.htm\" target=\"_blank\" rel=\"noreferrer noopener\">MSME UDYAM Registration<\/a> Benefits<\/strong><\/li>\n\n\n\n<li><strong>Technology and Innovation Funding (TIF)<\/strong><\/li>\n\n\n\n<li><strong>Digital India Startup Hub<\/strong><\/li>\n\n\n\n<li><strong><a href=\"http:\/\/www.nsic.co.in\/\" target=\"_blank\" rel=\"noreferrer noopener\">National Small Industries Corporation<\/a> (NSIC)<\/strong> support<\/li>\n<\/ul>\n\n\n\n<p>\ud83d\udce2 These programs offer subsidies, credit guarantees, training in <strong>digital skills<\/strong>, and networking.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/blog.bosswallah.ai\/what-is-startup-india\/\" target=\"_blank\" rel=\"noreferrer noopener\">ALSO READ | What is Startup India? Know All About the Initiative for Indian Startups<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-36fdc35719e903496ce03a76467b6a18\" id=\"h-common-mistakes-to-avoid\" style=\"color:#f15f22\"><strong>Common Mistakes to Avoid<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Submitting incomplete documents<\/li>\n\n\n\n<li>Ignoring credit score<\/li>\n\n\n\n<li>Not customising the business plan<\/li>\n\n\n\n<li>Applying for the wrong loan category<\/li>\n\n\n\n<li>Skipping professional help (CA\/financial advisors)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-b899aa8ef4321a15539c5a3ee9f1222e\" id=\"h-tips-to-improve-loan-approval-chances\" style=\"color:#f15f22\"><strong>Tips to Improve Loan Approval Chances<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"650\" height=\"250\" src=\"https:\/\/i0.wp.com\/blog.bosswallah.ai\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-1.png?resize=650%2C250&#038;ssl=1\" alt=\"\" class=\"wp-image-16122\" style=\"width:840px;height:auto\" srcset=\"https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-1.png?w=650&amp;ssl=1 650w, https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-1.png?resize=300%2C115&amp;ssl=1 300w, https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-1.png?resize=585%2C225&amp;ssl=1 585w, https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/startup-loan-for-new-business-1.png?resize=150%2C58&amp;ssl=1 150w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><figcaption class=\"wp-element-caption\"><strong><em>(Source &#8211; Freepik)<\/em><\/strong><\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Maintain a CIBIL score of 700+<\/li>\n\n\n\n<li>Show a clear repayment capacity<\/li>\n\n\n\n<li>Invest some personal capital first<\/li>\n\n\n\n<li>Build digital presence (Google listing, Instagram, etc.)<\/li>\n\n\n\n<li>Apply during the financial year&#8217;s first quarter<\/li>\n\n\n\n<li>Choose the right scheme based on your business model<\/li>\n<\/ul>\n\n\n\n<p class=\"has-text-color has-link-color has-large-font-size wp-elements-ba6f2952147846d6d045f4b34ccf8d68\" style=\"color:#f15f22\"><strong>Need Expert Guidance?<\/strong><\/p>\n\n\n\n<p>Starting a business can be challenging, but you don\u2019t have to do it alone! At Boss Wallah, our 2,000+ business experts are ready to provide valuable insights and guidance. Whether you need help with marketing, finance, sourcing, or any other area of any business,&nbsp;<strong><a href=\"https:\/\/bw1.in\/1116\" target=\"_blank\" rel=\"noreferrer noopener\">our business experts are here to help you succeed<\/a><\/strong><\/p>\n\n\n\n<p><strong>Confused about Which Business to Start?<\/strong><br>Want to start your own business but unsure which one to choose? Explore Boss Wallah, where you\u2019ll find 500+ courses by successful business owners, featuring practical, step-by-step guides on starting and growing various businesses.<br><strong><a href=\"https:\/\/bw1.in\/1111\" target=\"_blank\" rel=\"noreferrer noopener\">Find your perfect business idea today<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-163d2aabad3f8484931a5f2db8035970\" id=\"h-conclusion\" style=\"color:#f15f22\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>Getting a <strong>startup loan for a <\/strong>new business in India (2025) is easier than ever, thanks to digital platforms, government schemes, and rising awareness. By preparing your documents well, registering your business properly, and showcasing a realistic growth plan, you can secure the funding you need. Don\u2019t let a lack of money stop your dreams\u2014<strong>smart planning + right knowledge = successful startup funding<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-25acb11468cd0c54ef4f6cd0e629c7f1\" id=\"h-frequently-asked-questions-faqs\" style=\"color:#f15f22\"><strong>Frequently Asked Questions (FAQs)<\/strong><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1749634201883\"><strong class=\"schema-faq-question\">1. What is the minimum amount for a startup loan in India?<\/strong> <p class=\"schema-faq-answer\">You can get as low as \u20b950,000 under schemes like MUDRA.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1749634221628\"><strong class=\"schema-faq-question\">2. Is collateral required for startup loans?<\/strong> <p class=\"schema-faq-answer\">Not always. Many loans, like MUDRA and CGTMSE, are collateral-free.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1749634249940\"><strong class=\"schema-faq-question\">3. Can I get a startup loan without business experience?<\/strong> <p class=\"schema-faq-answer\">Yes, if you show a strong business plan and digital skills.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1749634268516\"><strong class=\"schema-faq-question\">4. What is the interest rate on startup loans in 2025?<\/strong> <p class=\"schema-faq-answer\">It ranges from <strong>6% to 14%<\/strong>, depending on the scheme and lender.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1749634287235\"><strong class=\"schema-faq-question\">5. Can students apply for a startup loan?<\/strong> <p class=\"schema-faq-answer\">Yes, if they are 18+ and the business is registered in their name.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1749634304265\"><strong class=\"schema-faq-question\">6. How long does it take to get the loan amount?<\/strong> <p class=\"schema-faq-answer\">Usually within <strong>7 to 15 working days<\/strong>, if all documents are correct.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1749634321729\"><strong class=\"schema-faq-question\">7. Which is better \u2013 a bank or an NBFC?<\/strong> <p class=\"schema-faq-answer\">Banks offer lower interest rates, but NBFCs provide faster processing with flexible terms.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1749634339661\"><strong class=\"schema-faq-question\">8. Can I apply for multiple loan schemes at the same time?<\/strong> <p class=\"schema-faq-answer\">Yes, but you must meet eligibility and disclose prior loans.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1749634357830\"><strong class=\"schema-faq-question\">9. Do I need to show income tax returns (ITR)?<\/strong> <p class=\"schema-faq-answer\">For new businesses, ITR is not mandatory, but helpful for loan approval<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1749634375499\"><strong class=\"schema-faq-question\">10. How to apply for government startup schemes?<\/strong> <p class=\"schema-faq-answer\">You can visit <a href=\"https:\/\/www.startupindia.gov.in\" target=\"_blank\" rel=\"noreferrer noopener\">startupindia.gov.in<\/a> or apply via the lender directly.<\/p> <\/div> <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Looking to fund your dream business? Here\u2019s how to get a startup loan for new business in India (2025) easily. Learn eligibility, documents, loan schemes &amp; top tips.<\/p>\n","protected":false},"author":4,"featured_media":16140,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1164,1191],"tags":[897,289,543,859],"class_list":["post-16113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-funding","category-government-schemes","tag-boss-wallah","tag-business","tag-entrepreneurship","tag-india"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/bosswallah.ai\/blog\/wp-content\/uploads\/2025\/06\/business-management-courses-after-12th.webp?fit=1280%2C720&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pgRBPN-4bT","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/bosswallah.ai\/blog\/wp-json\/wp\/v2\/posts\/16113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bosswallah.ai\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bosswallah.ai\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bosswallah.ai\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/bosswallah.ai\/blog\/wp-json\/wp\/v2\/comments?post=16113"}],"version-history":[{"count":1,"href":"https:\/\/bosswallah.ai\/blog\/wp-json\/wp\/v2\/posts\/16113\/revisions"}],"predecessor-version":[{"id":16129,"href":"https:\/\/bosswallah.ai\/blog\/wp-json\/wp\/v2\/posts\/16113\/revisions\/16129"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bosswallah.ai\/blog\/wp-json\/wp\/v2\/media\/16140"}],"wp:attachment":[{"href":"https:\/\/bosswallah.ai\/blog\/wp-json\/wp\/v2\/media?parent=16113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bosswallah.ai\/blog\/wp-json\/wp\/v2\/categories?post=16113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bosswallah.ai\/blog\/wp-json\/wp\/v2\/tags?post=16113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}