Nabil Bank Business Loan interest rate 2083
Nabil Bank's business loan is priced at 5.46%–7.46% effective in Bhadra 2083: a 4.46% base rate plus a 1%–3% premium. That ranks 4th cheapest of the 19 commercial banks we track for this product. On Rs. 10 Lakh over 60 months the EMI is about Rs. 19,083, plus a 1% processing fee.
- Effective rate
- 5.46% – 7.46%
- Base rate
- 4.46%
- Premium
- 1% – 3%
- Processing fee
- 1%
- Maximum tenure
- 120 months
- Maximum loan-to-value
- 60%
- Rank by rate
- 4 / 19
- Rates effective
- Bhadra 2083
Effective from: 1 Bhadra 2083Source: www.nabilbank.com/individual/interest-rate
Nabil Bank Business Loan: effective rate 5.46%, EMI from Rs. 19,083 per month. Compare with 18 other banks.
Rate breakdown
Base rate
4.46%
Premium
1%–3%
Effective rate
5.46%–7.46%
Fixed
11%–11.75%
- Processing fee
- 1% (Min Rs. 5,000)
- Prepayment penalty
- 0.52%
- Fixed-rate terms
- Business term loans: up to 5 yrs 11.00–11.25% · 5–10 yrs 11.25–11.50% · above 10 yrs 11.50–11.75%
- Loan amount
- Rs. 5 Lakh – Rs. 10 Cr
- Tenure
- 12 – 120 months
- Max financing
- 60%
- 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 4.46% plus a premium of 1% to 3%, giving 5.46% to 7.46% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Business Loan from Nabil Bank?+
At 5.46% over 60 months, the EMI is roughly Rs. 19,083. 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.
