Looking for a business loan from HDFC Bank?

On this page, you will find all the information you need to make a sensible and sound decision.

Corporate Business Loans from HDFC Bank

HDFC Bank offers a range of loan schemes to different segments of its customer base. Being one of the popular private sector banks in India, HDFC Bank also offers special loan schemes for businesses that need funds for their Working Capital, Capital Expenditure, Business Acquisition and other needs. The bank offers various business loan schemes.

Four of these business loans from HDFC Bank are:

  1. Business Growth Loan
  2. Business Loan for Professionals
  3. Loan Against Rent Receivables
  4. Loan Against Securities

We give you a brief intro to the business loans below.

HDFC Bank Business Growth Loan

This loan scheme helps businesses in the manufacturing, trading and services sector get financial assistance to meet their business expansion and working capital needs. Businesses can also avail the transfer of balance facility under this loan scheme.

Features of HDFC Bank Business Growth Loan

Why this Loan?

  • The HDFC Bank Business Growth Loan schemes are perfect for businesses that require funds for business growth and expansion-related activities or working capital needs
  • This is a collateral-free loan
  • The loan must be repaid in Equated Monthly Instalments (EMIs) within 4 years

HDFC Bank Business Loan for Professionals

This loan scheme helps professionals such as doctors, architects, CS and CAs get financial assistance to meet their needs for their consulting or private practice business. The maximum loan amount sanctioned under this loan is Rs. 50 lakh.


Features of HDFC Bank Business Loan for Professionals

Why this Loan?

  • The HDFC Bank Business Loan for Professionals schemes are perfect for doctors, architects, CS and CAs who are running a consulting business or private practice
  • The loan must be repaid in Equated Monthly Instalments (EMIs) within 4 years

HDFC Bank Loan Against Rent Receivables

This loan helps businesses raise funds for business use by mortgaging a commercial property such as a shop or office leased to public sector undertakings, reputed private education institutions, reputed private hospitals or nursing homes, franchises of reputed corporates, etc.

Features of HDFC Bank Loan Against Rent Receivables

Why this Loan?


  • HDFC Bank Loan Against Rent Receivables is perfect for businesses that are looking for raising funds by mortgaging a commercial property leased to reputable establishments
  • The maximum loan amount is up to 50% of the value of commercial property. The actual loan amount sanctioned under this loan scheme depends on the net rentals per month, remaining tenure of the agreement, etc.
  • The loan must be repaid within 9 years

HDFC Bank Loan Against Securities

The HDFC Bank Loan Against Securities helps businesses finance their activities such as investment in current assets, purchase of raw materials, salary payments, power charges, etc. by pledging securities such as shares, mutual funds, insurance policies, etc. The bank offers a specific loan product viz. Digital Loan Against Mutual Funds under this loan scheme.

Features of the HDFC Bank Loan Against Securities

Why this Loan?

  • The loan can be taken for all projects and activities related to running the business by pledging investments such as shares, mutual funds, insurance, etc. Please check the approved list of securities eligible for this loan here
  • The maximum loan amount sanctioned by the bank is up to 80% of the value of the securities pledged. The actual loan amount is decided by the bank on a case-to-case basis

Important Note: Even though the bank’s website has information available for a few business loan schemes at this time, there is a possibility that the bank may offer more corporate loan options that are not yet published on the website. We suggest that you get in touch with the nearest branch to check the loan schemes they offer. This will also help you get a custom quote since many loan schemes are need-based and certain charges such as application charges, service charges, etc. may be decided on a case-to-case basis.

Interest Rate for HDFC Bank Business Loans

  • The interest rate for the HDFC Bank business loans depends on various factors such as quantum of loan, type of business, risk rating, nature of project, repayment period, the structure of debt, etc. As of April 2020, the applicable interest rate for each loan is not mentioned on the bank’s website. The bank only states that the interest rate on business loans ranges from 11.90% to 21.35%

Eligibility for HDFC Bank Business Loans

  • Individuals, Proprietors, Partnership Firms, Private Limited and Public Limited Companies can apply for these loans

Documents Needed for Individuals

  • Loan Application Form duly filled and signed by the applicant and co-applicant, if any
  • Two Passport Size Photographs of applicant and co-applicant
  • Personal ID Proof: Aadhaar Card, PAN Card, Passport or Driving License. PAN Card/ PAN Card Issue Letter is must
  • Signature Proof: PAN Card, Banker’s Verification, Driving License or Passport
  • Residential Address Proof (Any One): Aadhaar Card, Electricity Bill, Post-paid Phone Bill, Valid Rent Agreement
  • Income/Banking Proof: Last 6 months Bank Account Statement of applicant and co-applicant, Loan Statement of Running Loans, Latest Closed Loan NOC, Net Worth of the applicant and co-applicant
  • Security (as applicable): Margin Money, Previous and Current Sales Deed, Plant and Machinery list, Plant and Machinery Current Valuation Report, Property Photographs, Previous Property Search and Valuation Report
  • For term loans: Project report with details on product choice, market survey, projection of production and sales, infrastructural needs, etc.; projected cash and fund flow statement for the repayment period; and copies of all licenses and permits wherever applicable

Documents Needed for Proprietorship and Partnership Firms

  • Loan Application Form duly filled and signed
  • Partnership Deed and Partnership Registration Certificate
  • ID Proof of the Firm: Firm PAN Card or PAN Issuing Letter
  • Office Address Proof: Electricity Bill, Post-paid Phone Bill, Valid Rent Agreement
  • Income Proof: CMA Data and Project Report, Debtors and Creditors Certificate, GST Return, Last 3 years ITR of applicant and co-applicant, Audited or CA Certified Computation of Income/Trading Account/Profit and Loss Account/Balance Sheet, Annual Audit Report and Tax Audit Report if audited, Form 16A if applicable, Net Worth of applicants, co-applicants and guarantors
  • Banking Proof: Last 1-year Statement of Company’s Major Account, Current Account, Cash Credit Account, Overdraft Account, Loan Statement of Running Loans, Latest Closed Loan NOC and Last 6-months Bank Statement of Applicant and Co-applicant’s Savings Account
  • Security (as applicable): Margin Money, Previous and Current Sales Deed, Plant and Machinery list, Plant and Machinery Current Valuation Report, Property Photographs, Previous Property Search and Valuation Report
  • Other Relevant Documents: Partnership’s Business Profile, Promoter/Guarantor’s Profile, Corporate Brochure, Business Experience Supporting Documents, Business References
  • For Term Loans Only: Project report with details on product choice, market survey, projection of production and sales, infrastructural needs, etc.; projected cash and fund flow statement for the repayment period; and copies of all licenses and permits wherever applicable

Documents Needed for Private Limited and Public Limited Companies

  • Application Form duly filled and signed
  • Company ID Proof: Company’s PAN Card
  • Office Address Proof: Electricity Bill, Post-paid Phone Bill, Valid Rent Agreement
  • Business Proof: AOA and MOA, Company Incorporation Certificate, Business Commencement Certificate, Board Resolution, CA/CS verified Share Holding Pattern, ROC Annual Return, DIN Certificate, List of Directors on Company Letter Head, GST Number, Form 32 in case of Director Change
  • Income Proof: CMA Data and Project Report, Last 3 Years ITR Acknowledgement copy of Company and all Directors, Last 3 Years Annual Credit Report or Tax Audit Report with Article 3CB, Article 2D, Article 3CD, TDS Certificate/Form 16A, Net Worth Certificate
  • Banking Proof: Last 1-year Statement of Company’s Major Account, Current Account, Cash Credit Account, Overdraft Account, Loan Statement of Running Loans, Latest Closed Loan NOC and Last 6-months Bank Statement of Applicant and Co-applicant’s Savings Account
  • Security: Margin Money, Previous and Current Sales Deed, Plant and Machinery list, Plant and Machinery Current Valuation Report, Property Photographs, Previous Property Search and Valuation Report
  • Other Relevant Documents: Company’s Business Profile, Promoter/Guarantor’s Profile, Corporate Brochure, Business Experience Supporting Documents, Business References
  • For term loans only: Project report with details on product choice, market survey, projection of production and sales, infrastructural needs, etc.; projected cash and fund flow statement for the repayment period; and copies of all licenses and permits wherever applicable

Reference Facts

  • HDFC Bank Website: www.hdfcbank.com
  • Headquarters: Mumbai, Maharashtra
  • Call Centre Toll-Free Number: 1860 267 6161