About this funding solution
An unsecured business loan gives your company working capital without pledging property, machinery or inventory — sanctioned on the strength of your GST turnover, banking conduct and credit history rather than a fixed asset.
Because no collateral backs the exposure, pricing runs higher than secured credit: unsecured NBFC loans in the current market typically fall between 14% and 26% per annum, though government-backed CGTMSE schemes can bring select borrowers down to 10.5–13%.
A drop-line overdraft (DOD) limit works alongside or instead of a term loan — you draw only what you need against a sanctioned ceiling, and interest accrues solely on the drawn balance, which keeps carrying cost low for seasonal cash gaps.
*Unsecured NBFC pricing. CGTMSE-backed schemes can bring eligible borrowers down to 10.5–13% p.a.
Who is this solution for?
This product fits businesses that value speed and flexibility over chasing the lowest possible rate.
- Business vintage of 2+ years with stable GST filings
- Need working capital for inventory, payroll or short-term cash gaps
- Want to avoid mortgaging property or machinery
- Existing bank relationship but no fresh collateral to offer
Why consider this funding route?
No collateral required
Sanctioned purely against turnover, banking and credit profile.
Drop-line overdraft option
Interest charged only on the amount drawn, not the full limit.
Multi-lender comparison
Your file is run across 15+ banks and NBFCs for the sharpest rate.
CGTMSE eligibility check
We check government-backed guarantee schemes that can cut your rate.
How it works
Document pickup
Share GST, bank and ITR data — digitised the same day.
Lender matching
Your file is matched against live rate cards from our panel.
Sanction & terms
Compare 2–3 sanction letters side by side before you choose.
Disbursal
Funds credited directly to your current account.
Unsecured Working Capital & Drop-Line OD Estimator
Use the sliders below to get an indicative estimate. Final terms are subject to formal underwriting and lender / investor committee assessment.
FAQs
No. Sanction is based on turnover, banking conduct and credit score — not fixed assets.
A term loan disburses the full amount upfront with fixed EMIs. A DOD limit is a revolving line — you draw and repay within the limit and pay interest only on the utilised amount.
700+ is preferred by most lenders, though a strong banking profile can offset a slightly lower score.
CGTMSE-backed schemes can bring eligible MSME borrowers down to roughly 10.5–13% p.a. — we check this alongside your standard application.
Check Eligibility
Submit details. Our desk reviews profile variables and calls you back the same working day.