Business Loan Reviews and Ratings by Borrower

Read reviews, ratings, feedback of Business Loan by existing customers in India

Average Customer Rating
4/5  by 7 users
Interest Rate
Fees & Charges
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Customer Reviews
, Dibrugarh
Reviewed on 24th Mar 17
5 / 5 stars
Very much happy and satisfied with the loan which I applied
Bank of Baroda Business Loan Availed in Mar 2017
Thanks a lot for the helping hand which is provided for me More
Reviewed on 05th Apr 16
4 / 5 stars
HDFC Bank Business Loan Availed in Mar-16
excellent and fast loan proessing with no hidden charges More
Reviewed on 04th Apr 16
3.5 / 5 stars
SBI business loan
SBI Business Loan Availed in Apr-16
Bank kept to its promise in terms of interest rate and sanctioning timeline. Overall a good expereince More
Reviewed on 03rd Apr 16
3 / 5 stars
SBI is good
SBI Business Loan Availed in Dec-16
It was a good experience to take loan from SBI More
Reviewed on 02nd Apr 16
3.5 / 5 stars
HDFC Bank Business Loan Availed in Jan-16
Took loan for my business. Overall experience was good More
Reviewed on 01st Apr 16
4 / 5 stars
Good experience
HDFC Bank Business Loan Availed in Feb-16
Got loan with best rates and processing fee. Bank people kept their promise More
Reviewed on 22nd May 15
4.8 / 5 stars
FD OD for Businessmen
Yes Bank Business Loan Availed in Mar 2015
Excellent service and competitive rates More
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Business Loan News - Mar 2017
18th Mar 17 The merger of Bhartiya Mahila Bank with SBI likely to initiate series of reforms in finance sector
State Bank of India is in the process of completing the merger of Bhartiya Mahila Bank with the bank. The move is one of the series of reforms planned by Government for the development of Indian banking and financial services sector. As per government sources, the agenda of reforms include capital infusion in banks in FY18 and putting in place measures for managing the rising bad loans in banks across various loan segments including corporate loans, infrastructure loans, business loans and other loans.
18th Mar 17 Start up India gains pace again, plans to disburse collateral free loans to startups
Indian government has planned to disburse collateral free business loans worth Rs. 5 crore to Indian startups under its credit guarantee scheme. The government will cover up to 80 per cent of loans offered by banks to startups. The scheme is expected to encourage all prominent banks in India including HDFC Bank, ICICI, and SBI to become more active in offering business loans to start-ups. The scheme will be monitored and supervised by Department of Industrial Policy and Promotion.
17th Mar 17 ICICI Bank raises Rs. 3,425 crore via Basel III compliant bonds
ICICI Bank has raised funds of Rs. 3,425 crore through Basel III compliant bonds. The bonds with no specific maturity period will carry an interest rate of 9.20 percent payable annually. Some of the leading institutional investors including mutual funds, insurers and business wealth managers have invested in the bond issuance.
17th Mar 17 Banks Board Bureau reaches Prime Minister of India seeking action plan for increasing bad loans
Chairman of Banks Board Bureau wrote a letter to Finance Minister and Prime Minister of India seeking an action plan to control the increasing quantum of bad loans of the banks. Many state run and private banks including Kotak Mahindra Bank have reported an increase in the quantum of bad loans. As per the report, bad loans of state run banks rose by over Rs. 1 lakh crore at Rs. 6 lakh in December, 2016 on year on year basis.BBB in its letter has asked the ministry to penalise the banks who are held accountable for delaying the process of resolving or managing bad loans.
16th Mar 17 ICICI Bank and other lender banks put ABG Shipyard at block
ICICI Bank and other lender banks have decided to sell their 51 percent stake in ABG Shipyard Company to recover their business loan outstanding dues of Rs. 16,400 crore. ICICI Bank along with IDBI Bank, PNB and Oriental Bank of Commerce hold 51 percent stake in the company. As per sources, ICICI Bank has the highest stake at 11 percent among all lenders holding a stake in the company.
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