Loan for shopkeepers and small business owners

Loan options for shopkeepers and small business owners

A shop or small business rarely has a salary slip. Lenders look at your business bank account, GST registration if any, and your credit history.

Lenders do not all use the same rules, so the same profile can be approved by one lender and declined by another. Duit checks your details against many lenders at once and shows the ones most likely to pass.

What helps your application

Bank statements of your business account for the last 6 months help most.

GST registration or a shop licence can strengthen an application.

Personal and business accounts should be separate if you can manage it.

Frequently asked questions

Can I get a loan without a salary slip?

Yes, some lenders accept bank statements and other proof of income instead of a salary slip. Each lender has its own rules, so Duit shows you the lenders your profile is most likely to pass.

Does checking my match affect my CIBIL score?

No. Checking your match is a soft check and has no effect on your CIBIL score. Only a formal application with a lender creates a hard enquiry.

Is there a minimum income for this loan?

There is no single minimum across lenders. Each lender sets its own income limit, and smaller loans usually have lower limits.

More guides

Loan guides · Will I qualify?

Important: Duit is a Lending Service Provider, not a lender. Approval, interest rate, fees and repayment dates depend on the lender's terms. Check the Key Fact Statement before you borrow. Checking your match is free and does not affect your CIBIL score.