Muthoot EMI Business Loan
Offered by Muthoot Finance Limited (RBI Regn. No. N.16.00167)
An unsecured small business loan from Muthoot Finance Limited, an RBI-registered NBFC, repaid through EMIs. Muthoot Finance positions it for retailers, traders, dealers, distributors, wholesalers and service providers who need working capital or funds for business expansion.
Interest rate
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Loan amount
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Tenure
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Processing fee
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As of 9 Nov 2026, from the lender's official website. Final terms depend on your profile and are confirmed in the Key Fact Statement.
Check eligibility & apply →Key benefits
- Unsecured: no collateral required
- Repayment through EMIs (equated monthly instalments)
- Funds are disbursed to the business bank account
- Loan amount starting from ₹50,000
- Tenure options of 104, 156, 234 and 313 days
- Risk-based interest rate of up to 28%
- Risk-based processing fee of 3%
Best for
Small traders and service businesses needing unsecured working capital
Pros
- No collateral needed
- Lender is an RBI-registered NBFC
- Minimal documentation: KYC and 6 months of bank statements
Cons
- The exact interest rate and processing fee are risk-based — check the KFS before accepting
- Eligibility criteria such as business vintage and income are applied case by case
Eligibility
- Self-employed individuals
- Minimum CIBIL score of 650; new-to-credit applicants accepted subject to banking surrogate
- Minimum business vintage of 2 years
- Retailers, traders, dealers, distributors, wholesalers and service providers
- Muthoot Finance may set minimum criteria on net business income, age, business vintage, nature of business and ownership of a house, office or shop, depending on risk profile
Documents required
- Business KYC
- Latest 6 months transacting business bank statement
- Individual KYC of proprietors / partners / directors
- Additional documents as decided by the sanctioning authority
Frequently asked questions
Who lends the Muthoot EMI Business Loan?
Muthoot Finance Limited, an NBFC registered with the RBI (Regn. No. N.16.00167).
Do I need to pledge collateral?
No. Muthoot Finance describes its small business loan as an unsecured business loan.
What documents are needed?
Business KYC, the latest 6 months of business bank statements and individual KYC of the proprietors, partners or directors. The sanctioning authority may ask for more.
Similar products
- Muthoot Daily Business LoanBusinesses with daily cash collections needing unsecured credit
- Godrej Capital Business LoanEstablished MSMEs needing larger collateral-free loans
- mPokket Business LoanSmall and new businesses needing a small unsecured loan
- FlexiLoans Business LoanEstablished MSMEs with steady turnover
ClickPe is a financial marketplace and Digital Lending Service Provider. This product is offered by Muthoot Finance Limited (RBI Regn. No. N.16.00167), which makes the final decision on your application. Using ClickPe is free; we may receive a commission if your application is approved.
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