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Nabil Bank Business Loan interest rate 2083

Nabil Bank Business Loan: effective rate 9.13%, EMI from Rs. 20,822 per month. Compare with 19 other banks.

#8 / 20 banksAwaiting verificationEffective from 1 Bhadra 2083

Rate breakdown

Base rate

6.52%

Premium

2.61%–3.23%

Effective rate

9.13%–9.75%

Fixed

10.63%–11.75%

Processing fee
1% (Min Rs. 5,000)
Prepayment penalty
0.52%
Loan amount
Rs. 5 Lakh – Rs. 10 Cr
Tenure
12 – 120 months
Max financing
6%
Age
21 – 65 years

Highlights

  • Working capital and term loan
  • SME subsidised schemes
  • Overdraft option

Who is eligible

Registered firm with PAN/VAT and 1 year audited or tax-filed accounts.

Documents you will need

  • Citizenship certificate (copy)
  • 2 passport-size photos
  • Latest 6 months bank statement
  • PAN card
  • Business plan or projection
  • Collateral papers

Nabil Bank Business Loan FAQ

What is Nabil Bank's current Business Loan interest rate?+

Nabil Bank's Business Loan floating rate is base rate 6.52% plus a premium of 2.61% to 3.23%, giving 9.13% to 9.75% effective from Bhadra 2083.

What is the EMI on a Rs. 10 Lakh Business Loan from Nabil Bank?+

At 9.13% over 60 months, the EMI is roughly Rs. 20,822. Use the calculator above to change the amount or tenure.

Can I prepay a Nabil Bank Business Loan?+

Yes. The published prepayment charge is 0.52% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.