Private Sector BankWorking Capital Facility (CC / OD)Micro Enterprise (Investment ≤ ₹1 Cr)🛡️CGTMSE CoveredVerified: 2026-09-29

HDFC SmartHub Vyapar Business Loan

Primary Lending Institution:HDFC Bank Ltd.

₹1 Lakh to ₹25 Lakh MSME credit at 11.00% – 16.00% with Up to 3 years tenure.

Interest Rate11.00% – 16.00%Linked to EBLR / MCLR / Risk

Loan Amount Quantum₹1 Lakh to ₹25 LakhBased on turnover & project cost

Repayment TenureUp to 3 yearsWith moratorium where applicable

Collateral SecurityRequires active SmartHub Vyapar merchant account with regular monthly UPI transaction volumes.

What's Missing: Crucial Fine-Print & Exclusion Gaps

Requires active SmartHub Vyapar merchant account with regular monthly UPI transaction volumes.

Note: Eligo publishes these regulatory and commercial exclusions directly from bank product guidelines and CGTMSE rules to protect MSME applicants from unexpected fee debits or loan rejection surprises.

What is HDFC SmartHub Vyapar Business Loan?

Digital pre-approved business loan tailored for merchants and retailers using HDFC SmartHub Vyapar QR and POS payment systems.

Key Benefits & Features

Underwritten on merchant QR transaction history; zero financial paperwork; instant credit to current account.

Government Subsidy & Credit Guarantee Coverage

CGTMSE / Bank Guarantee / Normal Security

Enterprise Eligibility Criteria

Retailers and service merchants processing payments on HDFC SmartHub app.

Business Vintage1+ Years in Operation

Min. Annual Turnover₹5.0 Lakh

Processing Fee1.50% + GST

Prepayment TermsZero prepayment penalty on floating rate loans as per regulatory norms

How to Apply (3 Verified Paths)

💼Path 1: Current Account Portal

Apply online via business net banking or approach loan account manager.

🌐Path 2: Official FinTech / Govt Portal

Apply online at https://www.hdfcbank.com/sme/smarthub-vyapar with digital KYC and financial statements.

🏢Path 3: SME Banking Center Walk-In

Visit nearest MSME branch of the institution with business registration and bank statements.

Eligo does not collect business loan applications or financial data. Apply directly on the verified official domain:

Visit Official Portal↗

Documents Required Checklist

Udyam Registration Certificate, PAN, Aadhaar, Last 2 years ITR and financial statements, 12 months GST returns, 6 months bank statement.

Frequently Asked Questions

What is the maximum loan tenure and amount for HDFC SmartHub Vyapar Business Loan?

Borrowers can avail ₹1 Lakh to ₹25 Lakh with a repayment tenure of Up to 3 years.

What are the processing charges and collateral terms for HDFC SmartHub Vyapar Business Loan?

The processing fee is 1.50% + GST. Collateral terms: Requires active SmartHub Vyapar merchant account with regular monthly UPI transaction volumes.

What are the eligibility criteria for HDFC SmartHub Vyapar Business Loan?

Retailers and service merchants processing payments on HDFC SmartHub app. Minimum business vintage required is 1 year(s).

How can an applicant apply for HDFC SmartHub Vyapar Business Loan?

Apply online at https://www.hdfcbank.com/sme/smarthub-vyapar or visit nearest branch with KYC, Udyam registration, and bank statements.