Business Project Loans

Low Interest Rates & Charges for Business Loans
GIG Insurance Solutions provides SME-business loans throughout India. It provides a flexible rate of interest and a document free process.

Business Loan Interest Rate
Rate of interest Starting from 1.25% per month

Tenure of the loan - Maximum up to 36 months
Collateral - NA
Amount of loan - Rs. 50,000 to 2 Crore
Pre-Closure fees - Pre-closure charges are applicable as per the lender’s policy
Processing charges - 2 to 5% of the loan amount
Time to sanction a loan - Within 3 working days
Eligibility - >90000 turnover for a quarter

*Based on your business’s health and credit score
**Pre-closures are only allowed after the first EMI has been paid in full.



A working capital loan is a financial boost for your business, offering a quick infusion of cash to help manage short-term operational needs. It’s designed to enhance your company’s liquidity, ensuring smooth operation without dipping into long-term investments or assets. This loan is especially beneficial for bridging gaps in cash flow, financing daily operations, or tackling unexpected expenses.

Feature of Working Capital Loan

• Loan Amount: Offers a wide range from ₹50,000 to ₹ 35 lakhs, catering to both small and large needs.
• Fast Processing: Applications processed on average within 72 hours, facilitating swift financial assistance.
• Online Processing: A fully digital application process eliminates the need for physical visits, saving time and effort.
• No Collateral Required: An collateral free business loan option, minimizing risk to your business assets.
• Competitive Interest Rates: Interest rates start from 1.25% per month, tailored according to your credit profile.
• Flexible Loan Tenure: Loan tenure varies from 1 to 36 months, supporting easy and convenient repayment options.
• Processing Fee: A one-time fee of 2-5%, with no hidden costs, ensuring transparency.
• Flexible Repayments: Offers the flexibility of monthly or bi-weekly installments.
• Working Capital Loan Fees & Interest Rates

Customized Interest Rates Fair, Transparent – starting from 1.25% per month

• Processing Fees --- 2-5%
• Loan Tenure ---- up to 3 years
• Pre-closure Charges ---- Pre-closure charges are applicable as per the lender’s policy
• Eligibility Criteria ---- ₹ 90,000 turn over for 3 Months
• Loan Amount ----- 50,000 – 2 crore
• Installments ---- Flexible Monthly / Bi-weekly


• *Based on the health of your business, revenues and annual turnover
• **Pre-closures are only allowed after the first EMI is paid in full
• To facilitate an easy assessment of your monthly financial obligations, consider utilizing our user-friendly

Eligibility Criteria

• Business operational for more than 3 months.
• Minimum turnover of ₹90,000 in the last 3 months.
• Business not listed under the blacklisted/excluded category for SBA finance.
• The business location should not be in a negative list area.
• Trusts, NGOs, and charitable institutions are ineligible.

Documents Required

• Proof of business operation for over 3 months.
• Financial statements showing a turnover of ₹90,000 for the last 3 months.
• Proof that the business is not blacklisted or excluded for SBA finance.
• Verification of business location outside negative list areas.

Benefits of Working Capital Loan

• Short-tenured Loan: With terms from 1 to 36 months, it’s perfect for covering immediate needs without long-term debt.
• Handle Financial Difficulties: Provides a cushion during cash flow shortages, allowing your business to continue operations smoothly.
• No Collateral/Security Required for Unsecured Loans: Keeps your assets safe while you access the funds needed.
• Helps in Lean Periods: Offers financial stability during seasonal sales fluctuations, ensuring business continuity.
• Spend at Your Discretion: The funds can be used for any business need, offering complete flexibility in managing your operations.