WeRize business loan

WeRize Business Loan: Instant Loan Up To 25 Lakh

 Self-employed to obtain WeRize business loan of up to 25 lakh. Borrow loans for working capital, pay salary, open new shop, etc. Fully digital loan application process that applies to all India locations. WeRize provides business loans within 3 days with 22% reduced interest.

WeRize Business Loan

Loan AmountUp To 25 Lakh
Interest Rate22% p.a. (Reducing Rate)
TenureUp to 36 months
Age Required21 -65 years
CIBIL Score680+
Processing FeesUp to 3%
Eligible CustomerSelf Employed

Benefits of WeRize Business Loan

Apply with Low CIBIL: Borrow your business with a 680 credit score. If you have a poor credit score, you can get a WeRize business loan.

Maximum Loan Amount: Obtain the maximum loan amount for your business needs. Get up to 25 lakh business loans, available after checking creditworthiness.

Minimal Documents: The required list of documents is minimal compared to another lender. Borrow loan with Trade Licence & MSME Certificate.

Easy Disbursement Process: Your loan application process is easy to apply. Get a loan from an online journey with the fastest disbursement process.

Flexible Loan Term: Get flexible business loan terms up to 36 months. WeRize provides customized loan repayment facilities.

Low ROI: WeRize business loans are available at a reduced rate. Obtain loan at 22% ROI (Rate of Interest) p.a.

Top Lender Provides Business Loan

Banks / NBFCsInterest RateLoan AmountRepay Term 
Faircent 14% p.a. to 21% p.a.Rs.50,000 to Rs.10 lakh12 months to 36 months Apply Now
InCred 18% p.a. to 28% p.a.Rs.30,000 to Rs.7.5 lakh12 months to 48 months Apply Now
IIFL11.25% p.a. to 33.75% p.a.Rs.50,000 to Rs.30 lakh12 months to 60 monthsApply Now
Chola Finance 14% p.a. to 21% p.a.Rs.30,000 to Rs.20 lakh12 months to 60 monthsApply Now
Poonawalla  Fincorp15% p.a. to 28% p.a.Up to Rs.50 lakhUp to 3 yearsApply Now
FT Cash12% p.a. to 22% p.a.Up to Rs.50 lakhUp to 3 yearsApply Now
NeoGrowth19% p.a. to 24% p.a.Up to Rs.75 lakhUp to 7 yearsApply Now
FlexiLoans12% p.a. onwardsUp to Rs.1 crore1 year to 5 yearsApply Now
LendingKart12% p.a. to 28% p.a.Up to Rs.1 crore12 months to 36 monthsApply Now
Ashv Finance18% p.a. to 21% p.a.Up to Rs.40 lakh12 months to 36 monthsApply Now
Aditya Birla14% p.a. onwardUp to Rs.15 lakh12 months to 36 monthsApply Now
Tata Capital16.50% to 19% p.a.Up to Rs.75 lakh12 months to 36 monthsApply Now

WeRize Business Loan Eligibility

Get an instant WeRize business loan without collateral. Affordable loan eligibility criteria that suit your profile. Following criteria you should match:

  • Indian Residence
  • Credit Score: 680 or above applicable
  • Vintage proof must be 1 year required
  • 3 Lakh or above credit required at Bank Statement
  • Minimum of ABB 5,000 need
  • Both rented (Business & Home ) are applicable

Documents for WeRize Business Loan

  • Pan Card
  • Aadhaar Card
  • 1 year old MSME Certificate must need
  • 12 month bank statement required
  • Trade License or GST File need as a vintage proof
  • Electricity bill or Rent Agreement

Also Read: WeRize Personal Loan

EMI Calculator for WeRize Business Loan

Calculate the EMI (Equated Monthly Installment) of the WeRize business loan. Online EMI Calculator shows you instant calculation results. You will need some information like:

  • Business Loan Amount
  • Interest Rate of Business Loan
  • Tenure of Loan Amount

Fill following information and instantly you will get the calculation result.

The below box shows you the WeRize business loan calculation. You can check EMI details, tenure, and interest rate. This will help to assume your monthly EMI.

Loan AmountInterest Rate (p.a.)Loan TenureMonthly EMI
1 Lakh11.50%3 yearRs. 3,298
1 Lakh11.50%2 yearRs. 4,685
2 Lakh13.50%3 yearRs. 6,788
2 Lakh13.50%2 yearRs. 9,556
4 Lakh13.50%4 yearRs. 10,831
4 Lakh13.50%3 yearRs. 13,575
5 Lakh14.50%4 yearRs. 13,789
5 Lakh14.50%5 yearRs. 11,765
6 Lakh13.50%5 yearRs. 13,806
6 Lakh14.50%5 yearRs. 14,117

Apply Process for WeRize Business Loan

Step 1: Getting a loan from WeRize available digitally. Borrow a loan from the above button.

Step 2: After coming to the official page, fill in your information as per requirement.

Step 3: Upload documents such as Pan Card, MSME Certificate, 1 year Bank Statement, Aadhaar Card, and Co-applicant Aadhaar Card.

Step 4: Now submit your application form and wait for approval.

Step 5: The Bank will check your details and provide a loan as per creditworthiness.

FAQs

  1. What is the interest rate of a WeRize business loan?

    Get a WeRize business loan at a 22% reduced interest rate.

  2. Does WeRize provide digital business loans?

    Yes, obtain a WeRize business loan online. The loan application procedure is 100% digital.

  3. Who can apply for a WeRize business loan?

    The individuals with proprietor, LLP, and Pvt Ltd Company are eligible for WeRize business loan.

  4. How much loan amount WeRize offering?

    WeRize offers business loans up to 25 lakh loan. Lenders check your creditworthiness and give you loan approval.

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