Regulated NBFC / FinTechWorking Capital Facility (CC / OD)Micro Enterprise (Investment ≤ ₹1 Cr)🛡️CGTMSE CoveredVerified: 2026-09-29

Lendingkart Unsecured MSME Business Loan

Primary Lending Institution:Lendingkart Finance Ltd.

₹50,000 to ₹50 Lakh MSME credit at 12.00% – 18.00% with Up to 3 years tenure.

Interest Rate12.00% – 18.00%Linked to EBLR / MCLR / Risk

Loan Amount Quantum₹50,000 to ₹50 LakhBased on turnover & project cost

Repayment TenureUp to 3 yearsWith moratorium where applicable

Collateral SecurityHigher APR reflects unsecured fintech underwriting risk. Minimum monthly sales of ₹30,000 required.

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

Higher APR reflects unsecured fintech underwriting risk. Minimum monthly sales of ₹30,000 required.

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 Lendingkart Unsecured MSME Business Loan?

100% digital collateral-free business loan evaluated via machine learning algorithms on bank statements.

Key Benefits & Features

Sanction in 24 hours; zero physical documentation; 100% online process; ideal for urgent working capital.

Government Subsidy & Credit Guarantee Coverage

CGTMSE / Bank Guarantee / Normal Security

Enterprise Eligibility Criteria

Micro-business owners, online sellers, and traders with at least 6 months bank statement history.

Business Vintage1+ Years in Operation

Min. Annual Turnover₹5.0 Lakh

Processing Fee1.50% to 2.50% + 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.lendingkart.com/business-loan/ 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 Lendingkart Unsecured MSME Business Loan?

Borrowers can avail ₹50,000 to ₹50 Lakh with a repayment tenure of Up to 3 years.

What are the processing charges and collateral terms for Lendingkart Unsecured MSME Business Loan?

The processing fee is 1.50% to 2.50% + GST. Collateral terms: Higher APR reflects unsecured fintech underwriting risk. Minimum monthly sales of ₹30,000 required.

What are the eligibility criteria for Lendingkart Unsecured MSME Business Loan?

Micro-business owners, online sellers, and traders with at least 6 months bank statement history. Minimum business vintage required is 1 year(s).

How can an applicant apply for Lendingkart Unsecured MSME Business Loan?

Apply online at https://www.lendingkart.com/business-loan/ or visit nearest branch with KYC, Udyam registration, and bank statements.