Looking for a Small Business Loan from HDFC Bank?

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

MSME 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. As of now, the bank offers five MSME loan schemes.

The MSME loans from HDFC Bank are:

  1. Term Loans
  2. Working Capital Finance
  3. Quick Business Loans
  4. Healthcare Business Finance
  5. Trade Finance

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

HDFC Bank Term Loan

This loan scheme helps businesses in the Micro, Small and Medium Enterprises sector get financial assistance to meet their capital expenditure needs. All activities directly related to business expansion such as the purchase of fixed assets, expansion of units, setting up of new units, etc. are eligible for this loan.

Features of HDFC Bank Term Loan

Why this Loan?

  • The HDFC Bank Term Loan schemes are perfect for businesses that require funds for business growth and expansion-related activities
  • The bank also offers short-term loan schemes based on the needs of the borrower
  • The loan must be repaid in Equated Monthly Instalments (EMIs) within 5 years

HDFC Bank Working Capital Loan

This HDFC MSME loan helps businesses finance their everyday operations such as for investment in current assets, purchase of raw materials, salary payments, power charges, etc.


Features of HDFC Bank Working Capital Loan

Why this Loan?

  • The HDFC Bank Working Capital Loan can be taken for all projects and activities related to running the business on a day-to-day basis
  • This a perfect loan scheme for businesses that need help during periods of reduced business activity or while waiting for receipt of payment after completing projects

HDFC Bank Quick Business Loan

This HDFC MSME loan helps small businesses finance their everyday operations. The maximum loan amount sanctioned under this loan is Rs. 15 lakh.

Features of HDFC Bank Quick Business Loan

Why this Loan?


  • HDFC Bank Quick Business Loan is a loan scheme designed for small business to meet their working capital and capital expenditure needs
  • The maximum loan amount sanctioned under this loan is Rs. 15 lakh. The bank may offer Rs. 50 lakh at select locations subject to terms

HDFC Bank Healthcare Finance

This loan helps doctors and medical practitioners meet their working capital requirements or capital expenditure right from setting up a clinic, nursing home, hospital, pathology labs, etc. to purchase of equipment, vehicles, ambulance, etc.

Features of HDFC Bank

Why this Loan?

  • HDFC Bank Healthcare Finance is an umbrella scheme through which the bank offers a range of loans to help medical professionals and businesses in the MSME sector to buy business assets, purchase medical equipment, meet working capital needs, set up new premises, etc.
  • The tenure of these MSME ranges from 1 to 7 years depending on the type of loan, needs of the borrower, etc.

HDFC Bank Trade Finance

This loan helps SME businesses pay for activities related to their trade business right from sourcing, manufacturing or converting semi-finished into finished goods and services to importing raw materials and capital goods in local and 16 foreign currencies.

Features of HDFC Bank Trade Finance

Why this Loan?

  • The HDFC Bank Trade Finance scheme is meant for you if you need funds for meeting your exports and imports obligations
  • The bank also offers assistance to businesses in the form of Letter of Credit, Bank Guarantee, etc.

Important Note: Even though the bank’s website has information available for fewer MSME 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 now 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 these loans may range anywhere 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