1. Home
  2. Loans
  3. Traders & self-employed loans

Traders & self-employed loans

For vegetable and fruit vendors, small shopkeepers, tailors, mechanics, artisans and others who run their own work.

Interest rates
Loan typeRate of interest (p.a.)
Petty traders loan13.00%
Self-employed persons loan13.00%

Use the loan for

  • Buying stock and raw materials
  • Tools, machinery and equipment
  • Working capital to run and expand your business

Documents required

  • Recent passport-size photographs
  • Proof of identity — Aadhaar card, PAN card, voter ID, passport or driving licence
  • Proof of address — Aadhaar card, utility bill, ration card or any officially valid document
  • PAN card or Form 60, as applicable

Please also bring proof of your business or trade, such as a trade licence, GST registration or a letter from the local body, where available.

Rates are subject to change at the discretion of the bank. Please confirm the current rate at the branch before you apply.

↑