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Rocket Loans · Term Loan

Unsecured Business Loan Up to ₹1 Crore

A lump-sum term loan for your next step — machinery, inventory, expansion, or working capital. Fixed EMIs, no collateral, and funds in your account in 2–5 days.

Collateral-freeFunds in 2–5 daysFixed monthly EMIsRBI-registered lending partners
₹3,000 Cr+ Funded2,000+ Companies125+ Lenders

Check Your Loan Eligibility

Free eligibility check. No commitments, no fees.

Why MSMEs choose this loan

Built for established businesses that need growth capital without the delays and collateral demands of traditional lending.

No Collateral, No Property Pledge

Approved on your business's turnover, vintage, and banking history — not on property papers. Your assets, FDs, and personal guarantees stay untouched.

Funds in 2–5 Days

Skip weeks of bank branch visits and file-pushing. Share basic documents digitally and get the full amount credited to your account in 2–5 days.

Fixed EMIs, Easy Planning

One lump-sum disbursal, fixed monthly EMIs, and a tenure that fits your plans. Know exactly what you pay every month — no surprises.

What businesses use it for

A lump sum with fixed EMIs works best for planned, one-time investments where you know exactly how much you need.

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  • Purchasing new machinery or equipment
  • Stocking up on inventory ahead of peak season
  • Expanding to a new location or facility
  • Hiring and scaling your team
  • Consolidating costlier informal borrowings
  • Working capital for larger orders

How it works

Three simple steps — from your phone, with our team assisting you at every stage.

1

Share basic business details

Tell us about your business on your phone in minutes — GST details, bank statements, and financials. No branch visits, and our team assists you on WhatsApp and phone.

2

Get matched with the right lender

We match your profile with the right lender from our network of 125+ banks and RBI-registered NBFCs and share an indicative offer with you.

3

Receive funds in your account

Complete simple digital documentation and receive the full loan amount directly in your business account in 2–5 days.

Are you eligible?

This loan is built for established, profitable MSMEs — not startups. If your business has been running and earning for years, you likely qualify.

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  • Annual turnover between ₹1 Crore and ₹50 Crore.
  • Business running for 3+ years (proprietorship, partnership, or Pvt Ltd).
  • Business is currently profitable.
  • All industries welcome — except real estate, liquor, meat processing, arms & ammunition, and gambling.
  • Available across Tier-1, Tier-2, and Tier-3 cities in India.

How it compares

See how an unsecured business loan compares with a traditional bank loan and a loan against property.

FactorUnsecured Business LoanTraditional Bank LoanLoan Against Property
Time to funds2–5 days4–8 weeks6–10 weeks with valuation
CollateralNot requiredOften requiredProperty pledged
PaperworkMinimal, fully digitalHeavy, multiple branch visitsHeavy + legal & valuation
RepaymentFixed monthly EMIsFixed EMIsFixed EMIs, longer tenure
Risk to personal assetsNoneDepends on securityProperty at risk
Best forFast, collateral-free growth capitalLong banking relationshipsVery large secured amounts

Need flexibility instead of a lump sum?

A Dropline Overdraft gives you a credit limit you can withdraw from as needed — and you pay interest only on the amount you use.

Explore Dropline Overdraft

Frequently asked questions

What is an unsecured business loan?

It's a lump-sum term loan approved without any collateral — no property, FDs, or machinery pledged. Approval is based on your business's turnover, vintage, profitability, and banking history. You repay in fixed monthly EMIs over an agreed tenure.

How much can I borrow and for how long?

Up to ₹1 Crore, with tenures that fit your repayment plans. The exact amount and tenure depend on your turnover, profitability, and banking history.

How quickly will I receive the funds?

Typically within 2–5 days of applying. Once you share your details, we match you with the right lender, and after simple digital documentation the funds are credited directly to your business account.

Who is eligible?

Businesses with annual turnover between ₹1 Crore and ₹50 Crore, running for 3+ years, and currently profitable. Proprietorships, partnerships, and private limited companies are all welcome, across Tier-1, Tier-2, and Tier-3 cities.

What documents are needed?

Just the basics: KYC of the business and promoters, GST returns, last 12 months' bank statements, and financials. Everything is collected digitally — no branch visits required.

How is this different from a dropline overdraft?

An unsecured business loan gives you the full amount upfront with fixed EMIs — ideal for planned, one-time investments. A dropline overdraft gives you a flexible credit limit where you pay interest only on what you use — ideal for working capital cycles.

Fund your next step without pledging your assets

Check your eligibility in minutes — free, with no commitments. Trusted by 2,000+ businesses and recommended by CAs and bankers across India.