Axis Finance Limited has rolled out ‘Axis Finance Vyapar Business Loan’, a new collateral-free lending solution designed to support micro and small businesses in semi-urban and rural markets. The loan product offers funding of up to ₹10 lakh with flexible repayment tenures and is aimed at improving access to credit for self-employed individuals.
The product caters to entrepreneurs in retail, trading and service sectors, offering financing for working capital, business growth and equipment purchases. With minimal documentation requirements and a simplified process, the loan is positioned to deliver faster access to funds.
Sai Giridhar, MD & CEO, Axis Finance Limited, said, “Micro and Small entrepreneurs are the backbone of India’s economy. Through Vyapar Business Loan, we aim to make formal credit more inclusive by providing collateral-free finance to shopkeepers, traders and service providers across the country. The product enables small business owners to scale operations, enhance working capital and fulfil growth aspirations with confidence and efficiency.”
He further added, “Our focus remains on leveraging technology and data-driven underwriting to deliver faster turnaround time and superior customer-friendly experiences. Vyapar Business Loan marks a significant step in our journey to empower India’s self-employed community with simple, secure, and scalable credit solutions.”
The launch builds on Axis Finance’s earlier initiatives this fiscal, including Disha Home Loans for EWS and LIG segments and Axis Finance Shakti, a Micro LAP product for micro-entrepreneurs.
Axis Finance operates across both retail and wholesale lending segments and is a wholly-owned subsidiary of Axis Bank Limited.
