Unity Bank Business Loan

Here are a few factors

How To Apply
Product Rating

( 4.6 /5 )

Total - 372 ratings


Mode of Process




Lending Size and Tenure

Minimum (In Rs.)- 3,00,000(1 year)

Maximum (In Rs.)-50,00000 (3 years)


5.00% to 18.00%

ROI (Fixed/Reducing)


Processing Fees

Up to 2.00% of the loan amount.


4% Fixed

Age of Client (If Proprietor)

Minimum (In Year)- 25

Maximum (In Year)- 65

Overdue EMI interest

2% per month

Unity Bank Business Loan EMI Calculator

Interest Type

Loan Amount

Interest Rate


Loan Tenure

Loan Amount100,000
Interest %5 %
Tenure (months)12
Emi (monthly)8,561
Total Interest2,729
Loan Amount + Interest102,729
YearTotal Principal
( A )
Total Interest
( B )
( A + B)
Total Payment Loan Paid Till Date (%)
57,7272,20059,92742,27357.73 %
Jun8,1444178,56191,8568.14 %
Jul8,1783838,56183,67816.32 %
Aug8,2123498,56175,46624.53 %
Sep8,2473148,56167,21932.78 %
Oct8,2812808,56158,93841.06 %
Nov8,3152468,56150,62349.38 %
Dec8,3502118,56142,27357.73 %
42,27553042,8050100.00 %
Jan8,3851768,56133,88866.11 %
Feb8,4201418,56125,46874.53 %
Mar8,4551068,56117,01382.99 %
Apr8,490718,5618,52391.48 %
May8,525368,5610100.00 %
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

The Unity Bank was founded by Centrum Finance a growing bank these days. Along with best-in-class technology and ease of banking, Unity bank has made good growth in lending loans to its customers. They have been offering business loans at good interest rates to the customers, along with a good amount of loan amount too.

Eligibility and Documents Required


  • The age of the applicant should be between 25 years to 65 years.
  • The customer's monthly net income should be Rs.1.5 lakh.
  • At least Rs.50 lakh must be business turnover every year.
  • The minimum age of the business should be 2 years.

Documents Required

  • Identity proof
  • Your KYC documents, such as proof of address, GST Registration Certificate (if applicable), PAN Card, and other registration certificates if applicable.
  • For income documents, such as utility bills, rent agreements, etc., KYC data of your partner, director, or proprietor is required.
  • Last 12 months' bank account statements.
  • Last two years' balance sheet.
Right Documents - Easy Process

Required Documents to Apply for Unity Bank Business Loan

PAN Card

Aadhaar Card

Driving Licence

Voter ID


The property deed documents

Approved property sanction plan.

Form 16 of last 2 year

Photocopy of documents of property

Bank statement of last 6 month

6 month Salary Slip

2 month ITR

Registered sale deed

Registered lease deed

Past sale deeds, if any

Tax returns of property

Approved plan of property

Leave Your Question


The age of the co-applicant in a business loan with unity bank should be between 18 years to 75 years.

It is a mandatory rule of unity bank, that for business loans a female co-borrower is required.

Yes, unity bank charges 4% of the remaining loan amount if you wish to foreclose the business loan early.

Unity Bank offers business loans to a maximum loan amount of Rs. 5Lakhs.

A Processing fee of 2% is applicable on the Unity Bank business loan. You have to pay this amount while submitting the application for the loan.