Business loan of up to ₹25 lakh without collateral is the game-changer, allowing businesses to grow without struggling for the arrangement of an asset as security for a business loan. Whether you’re scaling operations, buying equipment, or managing cash flow, these unsecured business loans offer agility and speed.

At DMI Finance, we offer business loans ranging from ₹1 lakh to ₹25 lakh, with no collateral required. Our loans feature minimal documentation, 100% digital processing, and fast disbursal. This blog is your go-to guide for understanding business loans without collateral.

Why Collateral-Free Business Loans Are Game Changers

• No asset risk: Get the funding even if you lack property or fixed assets.
• Fast approval: Skip the valuation process and paperwork required in secured lending.
• Flexible end uses: Fuel working capital, inventory, expansion, or marketing freely.

What DMI Finance Offers

Here’s what makes DMI Finance the best choice for you:

• Loan Amount: ₹1 lakh to ₹25 lakh
• Tenure: 12–36 months
• Interest Rate: 18%–24.9% per annum
• Collateral: Not required, 100% unsecured
• Process: Fully digital, paperless, fast disbursal (24–72 hours)

Eligibility Criteria for Collateral-Free Business Loan

Check the business loan eligibility criteria below:

Criteria	Details
Minimum Age	23 years
Annual Income	₹3 Lakh and above
Credit Score	700+
Business Vintage	At least 24 months in operation

Required Documents

• Business Registration Certificate or Shop Act License
• PAN Card, Aadhaar Card, and Address proof of the applicants
• Bank statements for the last 6–12 months
• ITR or GST returns for the last 1–2 years
• Proof of business address

How to Apply for a DMI Finance ₹25 Lakh Business Loan?

Here’s how smoothly it works:

• Download the DMI Finance App from the Google Play Store or Apple App Store.
• Check Your Eligibility by entering key details such as monthly income, credit score, any existing EMIs, etc.
• Upload Your Documents securely through the app.
• Verification by DMI Finance: our team will review your application and documents.
• Get Your Loan Offer if you meet the eligibility criteria.
• Accept it, and the approved amount will be directly transferred to your bank account.

Getting a collateral-free business loan of ₹25 lakh means you can grow your business without needing to pledge any property. DMI Finance makes it easy with quick approvals, simple steps, and full transparency.

Want to take your business to the next level? Apply today with DMI Finance and get the funds you need, fast and hassle-free.

Frequently Asked Questions (FAQs)

1. Can I really get a business loan of ₹25 lakh without collateral?

Yes, you can get an unsecured business loan of ₹25 lakh from DMI Finance.

2. What’s the process for applying for this collateral-free loan?

Download the DMI Finance app, apply for a collateral-free business loan, get approval, and receive the funds in your account.

3. Are there government schemes that support collateral-free business loans?

Yes. Schemes like CGTMSE offer credit guarantees to lenders (banks & NBFCs), enabling MSMEs to access collateral-free loans.

4. What interest rates apply to unsecured loans without collateral?

Interest rates range from 18% to 24.9% per annum, varying based on credit profile and business eligibility.  

5. How fast can I get a ₹25 lakh business loan without collateral?

With DMI Finance, you can receive the funds in your account within 24 to 72 hours after the approval of the loan application.

6. What documents are required for a ₹25 lakh unsecured business loan?

You’ll need to provide:

• Aadhaar and PAN (ID proof)
• GST certificate or business registration
• ITR
• Bank statements (last 6–12 months)

7. Is it possible to get a ₹25 lakh loan to start a new business?

No, DMI Finance do not provide business loans to start a new business. To qualify for the loan, your business should be at least 24 months old.

8. What kind of businesses are eligible for a ₹25 lakh unsecured loan?

Businesses such as sole proprietorships, partnership firms, private limited companies, self-employed professionals, MSME firms,  retailers, wholesalers, traders, service providers, etc., can apply for a DMI Finance business loan.

9. Do I need a co-applicant or guarantor for a ₹25 lakh business loan?

No, if you are eligible, you can apply and get a business loan on your own. We make a decision on the basis of your credit profile.