Several banks give loans to cater to business requirements. Banks have laid out a number of products specially catering to SSI (small-scale industries) and Small Business Borrowers.

Business loans are available to firms and corporations to get together their operating expenses; to finance for capital expenditure / acquisition of fixed assets towards starting / expanding a business or industrial unit; and to swap existing high cost debt from other bank / financial institution etc.

Apart from providing financial support bank can also issue letters of credit or can give a promise on behalf of the customer to the suppliers, government departments for the procurement of goods and services on credit.

Maximum amount of business loan that can be authorized varies from bank to bank. Generally, the maximum loan amount is Rs. 25 lakhs and maximum loan term is 5 years.