Business Loan
A Dhanlaxmi Bank loan for established manufacturers, traders, wholesalers, retailers, contractors and service providers who want to start a new line of business or grow the current one.
Last updated on
- Status
- Open
- Run by
- Dhanlaxmi Bank Limited
What you get
- For starting a new line of business or expanding the current one
- Open to manufacturers, traders, wholesalers, retailers, contractors and service providers
- Dhanlaxmi Bank aims to decide MSME loan applications up to ₹25 lakh within 14 working days and larger ones within 40 working days
- No pre-closure or prepayment charge on floating rate loans to micro and small enterprises sanctioned or renewed from 1 January 2026
Who can apply
- Businesses that are already running.
- Open to businesses in manufacturing, trading and services.
- Applicant must be above 23 years of age
- 5 years of business experience, with 4 years in the current business
- The business should show growth and a profit after tax
How to apply
- Use the Apply for Business Loan link on the product page to leave your details, or visit a branch
- Gather the documents in the bank's MSME loan checklist
In person, any Dhanlaxmi Bank branch, or customer care on 044 4241 3000
In Kerala, any Dhanlaxmi Bank branch, or the online apply link on the product page
Documents to keep ready
- KYC of the owners or key people running the business, with photographs
- GST or other registration certificate
- Udyam Registration Certificate
- Local body licence and any other licences that apply
- Partnership deed, company documents or trust deed where relevant
- Project report for new or expansion proposals
- Audited balance sheets and profit and loss statements for the last two years, plus current and projected figures
- Income tax returns of the owners and the business for the last two years
- GST returns for the last 24 months
- Statements of accounts with other banks for the last 6 to 12 months
- Details of property offered as security, with tax receipts
Where we found this
An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.