Business Loan

Unlock Your Business Potential with RIFS Business Loans! Every entrepreneurial journey demands strategic financial support to transform vision into reality. Our customized MSME and unsecured business loans are designed to fuel your growth ambitions. Whether you’re looking to revamp your current operations, invest in new machinery, expand inventory, or boost working capital, RIFS provides the perfect financial solution.

Eligibility Criteria

Self-employed Professionals

• Minimum age of applicant: 22 years
• Maximum age of applicant at loan maturity: 65 years
• Years in business: Minimum 3 years
• Minimum Annual Income :
•  Metro locations: ₹1,00,000 p.a.
•  Other locations: ₹75,000 p.a.

Self-employed Individuals

• Minimum age of Applicant: 21 years
• Maximum age of Applicant at loan maturity: 65 years
• Years in business: Minimum 4 years (with at least 2 years in same business)
• Minimum Annual Income
• Metro locations: ₹1,00,000 p.a.
•  Non-Metro locations: ₹75,000 p.a.

Self-employed (Private Companies and Partnership Firms)

• Minimum age of Applicant: 22 years
• Maximum age of Applicant at loan maturity: 65 years
• Years in business: Minimum 4 years (with minimum 2 years in same business)
• Minimum Annual Income:
• Metro Locations: ₹100,000 p.a.
• Non-metro locations: ₹75,000 p.a.
• Business must be profit-making for the last 2 years

Required Documents

• Accepted Proof of Identity & Address, Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card, Utility Bills (not more than two months old)
• Registered Rental Agreement, Employer’s Accommodation Letter, Date of Birth Proof, Bank Statements (last 6 months)
• Latest Income Tax Returns (ITR), Computation of Income, and Balance Sheet & Profit and Loss Account (last 2 years)
• Trade License/Establishment Certificates, Partnership Deed/Board Resolution (as applicable)