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Compare OBC vs Indifi Business Loan

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Interest Rate
Interest Rate
11.95% - 0.00%
15.00% - 24.00%
Processing Fees
Processing Fees
0.50% of Loan Amount
2% of the loan amount
Loan Amount
Loan Amount
₹ 1 Lakh to ₹ 2 Cr
₹ 0 to ₹ 5 Lakh
Loan Tenure
Loan Tenure
12 to 84 Months
36 Months
Lowest EMI Per Lakh
Lowest EMI Per Lakh
₹ 1,763
₹ 3,467
Part Payment Charges
Part Payment Charges
Allowed after 0 months at Nil Prepayment Charges
Allowed after 0 months at Nil charges
Foreclosure Charges
Foreclosure Charges
Allowed after 0 months at Nil Prepayment Charges
Allowed after 0 months at 4% charges
Eligible Age
Eligible Age
25 to 65 Years
23 to 65 Years
Minimum Years in Business Required
Minimum Years in Business Required
Minimum Turnover Required
Minimum Turnover Required
₹ 0
₹ 0
Customer Ratings (Read Reviews)
Customer Ratings (Read Reviews)
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Compare Business Loan EMI of OBC and Indifi

Loan Amount OBC Indifi
₹ 1 Lakh ₹ 1,763 ₹ 3,467
₹ 5 Lakh ₹ 8,813 ₹ 17,333
₹ 10 Lakh ₹ 17,626 ₹ 34,665
₹ 15 Lakh ₹ 26,439 ₹ 51,998

Which is a better bank for Business Loan – OBC or Indifi?

OBC offers lower Business Loan EMI at Rs. 1763 for 84 Months compared to Indifi with a minimum EMI of Rs. 3467 for 36 Months. In addition, average customer ratings for OBC is currently at /5.0, making it a good choice for taking a Business Loan.

How does OBC Business Loan compare with Indifi Business Loan?

A detailed comparison of OBC and Indifi Business Loan on various terms and conditions highlight key differences in their offerings and allows the customer to take an choose the best bank for Business Loan. Results of a comparative analysis between both banks highlight that:

  • Lowest Interest rate of OBC Loan is 11.95%, which is lower than the lowest interest rate of Indifi at 15.00%. Hence, OBC is offering a cheaper loan option.
  • Compared to other Business Loan charges such as processing fees, OBC charges a processing fee of 0.50% of Loan Amount, while Indifi charges a processing fee of Upto 2% of the loan amount.
  • OBC offers Business Loan upto an amount of ₹ 2 Cr, while Indifi offers Loan upto an amount of ₹ 5 Lakh. Therefore, OBC can be a better option if you are looking for a high value amount.
  • One feature that makes Business Loan a better option is the foreclosure facility. Indifi and OBC gives the option to close the loan after Zero months at 4% charges and Nil Prepayment Charges. This makes Indifi a better option for Business Loan.
  • Indifi and OBC allow part payment on Business Loan after Zero months at Nil charges. Indifi applies a charge of Nil charges and OBC charges Nil charges on Business Loan.
  • Indifi and OBC offer a business loan if your business has completed NA months. Hence, Indifi and OBC both can be a preferred choice for relatively new enterprises.
  • Indifi has an average customer rating of 5. In contrast, has an average customer rating of , based on which it is clear that Indifi has a high customer service focus, an easy process and a quick turnaround.

Which bank offers a lower interest rate on Business Loan – OBC or Indifi?

As per the current rates, OBC offers a lower interest rate of 11.95% on loans compared to Indifi, which offers a Business Loan at 15.00%.

Know all about Business Loan

Know more about OBC Business Loan

Know more about Indifi Business Loan

Compare OBC Business Loan With Other Banks

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