No to Collateral

Yes to
Business Loans

Create a zero-balance current account with on-demand collateral-free business loans

Download Mymoney
Tamannaah Bhatia

Business Loan: Kabhi bhi, kahi bhi

Tamannaah Bhatia

Here are the many benefits of business loans from MyMoney

  • No collateral for your loan You can get a business loan without collateral upto Rs. 10 lakh for your cash needs.
  • Low interest rates MyMoney provides quick business loan disbursement with low interest rates.
  • 100% digital process Do everything on the MyMoney app. Apply online and get your business loan digitally.
  • Easy repayment options Option to repay the loan even upto 60 months. Choose what is right for you and your business.

Never have a cash crunch in your business

More than just an online business loan app

loan with rupee icon
Get Online Business Loan

Through MyMoney, you can now get unsecured business loans disbursed instantly.

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Zero Balance Current A/c

You can also open a safe zero-balance current account with SBM at no extra cost.

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Inventory Management

Track and manage your business inventory in the MyMoney app itself.

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Sales Management

Simplify your accounting with automatically matched transactions, and create invoices in the MyMoney app.

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Simplify your business by collecting payments and sending invoices with just a single click.

Process to take the Loan

Right Icon Pan Verification
Right Icon Bank Verification
Right Icon KYC Details
Right Icon Sign Agreement
Right Icon Loan Disbursed

Happy Business Owners all over india

Like them, turn your business dreams into reality

"I never thought getting a loan for my small business could be so easy! MyMoney app made the entire process hassle-free and quick. Thank you for the amazing service!"

Customer 1
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"I am grateful to MyMoney app for providing me with the financial support I needed to expand my business. The loan process was smooth, and the customer service was excellent."

Customer 1
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"MyMoney app has been a saviour for my business during slow down. The loan I received helped me keep my business afloat, and the low-interest rate made repayment stress-free. I highly recommend it to other small business owners!"

Customer 1
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welcome an easy method of business financing

A single app to help you get a business loan, and much more
Download MyMoneyApp

MyMoney is co-created by IIFL Finance (one of India’s largest NBFCs) and Open Financial Technologies (one of the fastest growing neobanks). We’re revolutionising business banking and financial management for small businesses, startups, and you.

We envision empowering you, along with 6.3 crore MSMEs of India.


If you’re looking to apply for a business loan through MyMoney, download the MyMoney App.

Based on the type of your company, the documents needed to be changed.

For individuals looking for business loans, you only have to submit:

PAN Card

Aadhaar Card

For you’re a sole proprietorship, then please share

PAN Card

Aadhaar Card

Along with any 1 of the following business documents:

  1. FSSAI Registration
  2. GST Certificate
  3. Shop and Establishment License
  4. Udyam Registration
  5. Trade Certificate / License
  6. Udyog Aadhar
  7. Registration Certificate
  8. Drug Licence
  9. Current Account Statement

You are eligible for a small business loan if you are an individual or run a sole proprietorship. However, the loan approval depends on proper submission of documents, your financial history and our credit policy.

You can get an unsecured business loan through the MyMoney app.

The business loan interest rate is a reduced rate of interest. This means, the amount of interest payable is calculated only against the remaining loan amount or outstanding balance.

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