Business loan by amount
₹5 Lakh Business Loan.
One of the most common small-business ticket sizes — often collateral-free under the Mudra Kishor category. See your EMI below.
Where ₹5 lakh sits under Mudra
₹5 lakh is right at the top of the Mudra Kishor category (₹50,000 to ₹5 lakh), which means it typically qualifies for CGTMSE's collateral-free guarantee cover if you're an eligible MSME. Documentation is lighter than a regular business loan — usually basic KYC, a business existence proof, and 6-12 months of bank statements rather than audited financials.
- Principal amount
- ₹5,00,000
- Total interest
- ₹97,852
- Total amount
- ₹5,97,852
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹1,47,205 | ₹52,079 | ₹3,52,794 |
| 2 | ₹1,65,875 | ₹33,409 | ₹1,86,919 |
| 3 | ₹1,86,913 | ₹12,371 | ₹7 |
Frequently asked questions
Is a ₹5 lakh business loan easy to get?
Yes — this is one of the most common small-business ticket sizes, often available collateral-free through the Mudra scheme's Kishor category (₹50,001-₹5 lakh) as well as regular unsecured business loans from banks and NBFCs.
What's typically required for a ₹5 lakh business loan?
Basic KYC, business registration or Udyam certificate, 1-2 years of business vintage, and bank statements or ITRs showing consistent revenue — smaller amounts like this generally need lighter documentation than larger business loans.