EMI Calculator

Interest Type

Loan Amount

Interest Rate


Loan Tenure

Loan Amount100,000
Interest %8 %
Tenure (months)12
Emi (monthly)8,699
Total Interest4,386
Loan Amount + Interest104,386
YearTotal Principal
( A )
Total Interest
( B )
( A + B)
Total Payment Loan Paid Till Date (%)
65,7793,81369,59234,22165.78 %
May8,0326678,69991,9688.03 %
Jun8,0866138,69983,88216.12 %
Jul8,1405598,69975,74224.26 %
Aug8,1945058,69967,54832.45 %
Sep8,2494508,69959,29940.70 %
Oct8,3043958,69950,99549.00 %
Nov8,3593408,69942,63657.36 %
Dec8,4152848,69934,22165.78 %
34,22357334,7960100.00 %
Jan8,4712288,69925,75074.25 %
Feb8,5271728,69917,22382.78 %
Mar8,5841158,6998,63991.36 %
Apr8,641588,6990100.00 %
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, the amount will be disbursed to your account shortly.

The Right Support for Your Business GROWTH

Advantages of Getting a Working Capital Loan from ReferLoan

As a business owner, you know that slow-paying customers are a real problem and you've come to realize that cash flow issues are holding back your growth. Get a working capital loan with Referloan and you can be sure that it is worth the money.

  • Minimal Documentation
  • Rapid Procedure
  • Instant Approval
  • Determined Loan Tenure
  • Low-Interest Rates
  • Wide Range of Lenders
  • No Collateral Required*
  • Flexible EMIs
Make Your Small Business Dreams Come True .

Details of Working Capital Loan From ReferLoan

At ReferLoan, we ensure to support you with the best financial products such as Working Capital Loans. With low interest and an easy application process, you can rest assured of a secure future for your business without any cash flow interruptions.

Working Capital Loan Details
Interest Rate At the discretion of the bank
Processing Fees Depends on Bank
Loan Tenure Up to 7 Year
Pre-closure Charges Varies with Bank
Guarantor Requirement Varies with Bank
Get to Know Your Eligibility for a Working Capital Loan

Eligibility of a Working Capital Loan

Age of applicant

To be eligible for working capital finances, you must be at least 21 years of age and no older than 65.

Buisness Vintage

The Business vintage must be at least 3 years.

Income tax Return

Must bring the latest Income Tax returns information


Business should not be blacklisted

Location of Buisness

The business location should not be in a negative location list


You will probably be asked to provide more information to prove that your business exists


Trust, small businesses, and NGOs are not eligible

Keep the Right Documents by Your Side for a Smoother Process

Required Document for Working Capital Loan

PAN Card

Aadhaar Card

Driving Licence

Voter ID


Registered rent agreement

Current passport size photograph

Salaried income documents

Self Employed person documents

Self Employed person documents

  • Duly filed loan application form with passport size photographs.
  • Statement of finances with a proper balance sheet with profit and loss in that sheet
  • KYC documents, such as PAN, Aadhar, address proof, etc.
  • Business vintage documents, such as incorporation certificates.
  • Income tax returns for the past year.
  • Bank statement for the past one year

Note : *Documents may vary from one lender to another

Make Your Chance of Getting a Working Capital Loan Approval Brighter

Factors You Need to Consider Before Applying for a Working Capital Loan

Most of the banks are very particular regarding their guidelines when it comes to Working Capital Loan. So any sort of lack of eligibility or documentation can cost you a loan application rejection.

  • Examine your loan’s needs.
  • Do proper research to get the best rate
  • Examine your credit report
  • Carefully read the fine print on your loan agreement.
  • Assess your repayment ability before deciding on a loan term
  • Select a reasonable interest rate.
  • Examine your EMIs thoroughly
  • Examine the processing costs
  • Depending on your option, choose a fixed or variable interest rate

What is a Working Capital Loan?

A working capital loan is a type of financing wherein you get money to pay for your daily expenses. This loan may be from a bank, private lender, government agency, or any other financial institution that approves loans based on the grantor's credit history. A business may avail of this loan if there is no steady flow of income for it to keep its business running. The money provided by this loan will be used for everyday operating costs like the payments of salaries, utilities, accounts receivable, and depreciable expenses. This type of loan is taken out by businesses that have regular sales or revenue accounting for a major amount of their operating expenses.

Leave Your Question


The only thing considered in these loans is the business's sales cycle which explains the business's current situation in that they need funds.

You can get working capital loans from friends, family, investors, banks, business suppliers, etc.

The working capital loan is a secured loan that asks you to keep collateral for approval.

Working capital loans are given within 2-3 days.

You can use your working capital loans for payroll or rent issues.

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