Disclaimer….before you read ahead!
The information contained herein is of a general nature and for information purposes only, with the intent of raising awareness around various resources, schemes etc. available for women entrepreneurs in India. It is not intended to address the circumstances of any particular individual or entity. It does not purport to be all-inclusive or necessarily contain all the information that may be relevant for the reader, and may be subject to updation, revision or amendment. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to remain accurate in the future. The reader, therefore, is required to exercise their discretion; and not act on such information without appropriate professional advice after a thorough examination of the particular situation.
Furthermore, we are not a lender and are not authorized by the Reserve Bank of India to act as one. By disseminating the information contained herein, we are not soliciting any borrower or customers for the company or organization mentioned herein nor do we intend to syndicate any capital for the reader of this article.
About this scheme…
Unsecured Business Loan, a collateral free loan offering, was launched by Clix Capital Services Pvt. Ltd. (Clix Capital), an RBI registered Non-Banking Finance Company (NBFC), to help businesses meet short-term capital requirements.
How is it being implemented?
Under this Scheme, direct financial assistance in the form of loans is given to,
- Small & Medium Enterprises (SMEs) across Manufacturing, Trading or Services
- Self-Employed Professionals
What’s on offer?
I. Product
- Term Loan
- Ticket Size: ₹5 Lakhs – ₹50 Lakhs
II. Purpose:
- Acquisition of or investment in fixed assets
- Working capital requirements
III. Borrower Type:
- Sole Proprietorships, Partnership Firms, Limited Liability Partnerships (LLPs), Private Limited Company, Closely-Held Public Company
IV. Security or Collateral or Guarantee or Insurance
- Primary Security: Nil
- Collateral Security: Nil
- Guarantee: Nil
- Insurance: For more information around this, please contact Clix Capital via means mentioned below
V. Interest Rate
- Starts at 12%. May go up to 29%
- For more information around this, please contact Clix Capital via means mentioned below
VI. Processing Fee
- Upto 3%
VII. Margin Money Requirement
- Nil
VIII. Tenure, Repayments & Pre-Closures
- Tenure: 12 to 36 months. For Self-Employed Professionals, the tenure may go up to 48 months
- Repayments: EMIs
- Pre-payment & Foreclosure Charges: For more information around this along with Penal Charges & Miscellaneous Charges, please scroll here to get to FAQs | What Is The Schedule of Charges at Clix Capital?
IX. Turnaround Time
- This Scheme is characterized by minimal documentation & paperless application process to help one avail the loan with ease
- For exact information on the turnaround time, please contact Clix Capital via means mentioned below
Interested? Read ahead to check your eligibility….
I. Is the business in your, your spouse’s OR your parent’s name?
II. Are you between the age of 21 and 65 years?
III. Has your business been in operation for at least 3 years?
IV. Have you been filing Income Tax Returns for your business for the past 1 year?
V. Do you have financial statements of your business for the last 24 months and previous year’s turnover, duly audited by a CA?
VI. Is your CIBIL Score 700 or above?
VII. Does your business have a CMR score of upto 7?
If your answers to the questions above are an emphatic YES, you are all set to avail loan under Clix Capital’s Unsecured Business Loan!
So…how big is this scheme and what has been done so far?
- As of March 31, 2025, ₹1,919.55 Crores worth of Unsecured Business Loans were outstanding in the books of Clix Capital
So, now, how should you go about it?
I. For submitting application,
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II. For information on indicative list of documentation required, scroll here to the What Documents Do I Need to Provide to Secure An Unsecured Business Loan? Section
III. For any queries, please contact Credit Saison India via:
- Phone (Toll Free): +91 120 6465400 between 9:30 am – 6:30 pm from Monday to Saturday
OR
- E-mail: hello@clix.capital
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Go on then…and do spread the word!
Best,
Sources:
