Empowering
Micro & Small
Business Owners
At Purple Finance, we’re committed to helping businesses that drive growth in our communities. Our secured MSME loans provide capital you need for working capital, business expansion, or purchasing equipment.
Effortless Funding
Get the capital you need for working capital, business expansion, or purchasing equipment.
Financial Flexibility
Fund renovations or upgrades to your business and residential premises.
Simplified Loan Process
A straightforward, tailored approach to ensure your business thrives.
Benefits
PAPERLESS ONBOARDING
We believe in doing the right thing. Transparency and trust are the foundation of every relationship and every decision we make.
TRANSPARENT TERMS
Clear and easy-to-understand loan conditions with no hidden charges.
FASTER LOAN DECISIONS
Receive a Go/No-Go in under 5 hours.
QUICK DISBURSAL
End-to-end loan processing in minimal time.
FLEXIBLE REPAYMENT OPTIONS
Customised repayment schedules to suit your business needs.
LOWER INTEREST RATES
Competitive ROl for affordable LOWER INTEREST RATES Competitive ROl for affordable
EMPOWERED BORROWERS
Manage your loan independently with our DIY loan management tools.
RELATIONSHIP-ASSISTED JOURNEY
Get personalised support while navigating your loan journey
Eligibility & Documents
Eligibility Requirements for an MSME Secured Loan
You can apply for our MSME secured loan if:
AGE You are an Indian citizen aged between 21 and 75 years.
BUSINESS PREMISES Your business operates from self-owned premises.
BUSINESS EXPERIENCE You have been running the same business for more than three years.
LOCATION STABILITY Your business has been operating from the same premises for over three years.
COLLATERAL You can provide residential or commercial property (self-owned or owned by family members) as collateral.
Documents Needed for Digital Verification
- Aadhaar Card (KYC)
- PAN Card
- Last 12 months bank statement
- Proof of business ownership
- Property documents (collateral)
- Business vintage proof (3+ years)
Know your loan
eligibility
Use Purple Finance’s loan eligibility calculator to quickly determine the best loan amount for your business. Simply enter your Net Monthly Income, Tenure, and Rate of Interest, and find out the loan you qualify for.
Select the loan amount in Indian Rupees.
Choose the loan tenure in years.
Set the rate of interest in percentage.
₹3,95,885
Total amount to be paid over the loan tenure.
₹10,997
Estimated Equated Monthly Installment.