Business Loan: Kabhi bhi, kahi bhi
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
Get Online Business Loan
Through MyMoney, you can now get unsecured business loans disbursed instantly.
Zero Balance Current A/c
You can also open a safe zero-balance current account with SBM at no extra cost.
Track and manage your business inventory in the MyMoney app itself.
Simplify your accounting with automatically matched transactions, and create invoices in the MyMoney app.
Simplify your business by collecting payments and sending invoices with just a single click.
Process to take the Loan
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!"
"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."
"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!"
welcome an easy method of business financing
A single app to help you get a business loan, and much moreDownload 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:
For you’re a sole proprietorship, then please share
Along with any 1 of the following business documents:
- FSSAI Registration
- GST Certificate
- Shop and Establishment License
- Udyam Registration
- Trade Certificate / License
- Udyog Aadhar
- Registration Certificate
- Drug Licence
- Current Account Statement
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.