WeRize Business Loan is designed to give entrepreneurs and small business owners quick access to funds without the usual banking hurdles. Business owners can borrow up to ₹25 Lakh loan with minimal criteria. Whether you need working capital, want to expand operations, or manage cash flow, WeRize makes it simple.
Why Choose WeRize Business Loan?
Apply with Low CIBIL
It’s possible to qualify, even with a bad credit history. A credit score as low as 680 is enough to apply, giving entrepreneurs with limited credit access to much-needed funding.
Higher Loan Amounts
Expand your business without financial limits. Eligible applicants can borrow up to ₹25 lakh, depending on creditworthiness and business profile.
Minimal Documentation
No heavy paperwork. All you need are basic documents like your Trade License and MSME Certificate to start the process.
Quick & Simple Disbursement
The entire loan journey is online, ensuring a fast approval and disbursement process so funds reach you when you need them most.
Flexible Repayment Tenure
Choose repayment terms that fit your cash flow, with flexible loan durations of up to 36 months.
Affordable Interest Rates
WeRize offers business loans at a competitive 22% per annum, making it easier to borrow without heavy repayment pressure.
Eligibility Criteria for WeRize Business Loan
- Age should be 21 to 60 years
- Borrower Credit Score: -1 / 680+
- Bank Statement: Minimum maintain balance of ₹25,000 or above is required.
- Vintage proof should be 1 year old.
Documents Required for WeRize Business Loan
To keep the process simple, WeRize requires only a few essential documents:
KYC Documents
- Aadhaar Card
- PAN Card
- Passport-size Photograph
Business Proof
- Trade License / Shop & Establishment Certificate
- MSME Registration Certificate / Udyam Certificate
- GST Registration (if applicable)
Financial Documents
- Last 12 months’ Bank Statements
- Income Proof (Trade License / ITR File / MSME)
Additional (if required)
- Address Proof of Business (utility bill, rental agreement, etc.)
- Rent Agreement / Partnership Deed (for firms or companies)
Also Read: Can you get personal loan with ₹13,000 salary?
Benefits of Choosing WeRize Loan
- No hidden costs or complicated terms.
- Hassle-free online application process.
- Funds disbursed directly to your business account.
- Trusted financial support for small and medium enterprises.
- Digital Business Loan through Video Verification.
How to Apply for a WeRize Business Loan Online
- Fill out the simple online application form.
- Upload KYC and business documents.
- Get an instant eligibility check and loan offer.
- Receive funds quickly upon approval.
FAQs
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What is the maximum loan amount I can get with WeRize Business Loan?
You can borrow up to ₹25 lakh, depending on your creditworthiness and business profile.
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Can I apply if I have a low CIBIL score?
Yes, you can apply even if your credit score is as low as 680. WeRize makes business loans accessible to entrepreneurs with limited credit history.
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What is the interest rate on the WeRize Business Loan?
The loan is offered at a competitive 22% per annum (Rate of Interest).
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How long is the repayment tenure?
You can choose flexible repayment terms of up to 36 months, based on your repayment capacity.
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Can I pre-close the loan before the tenure ends?
Yes, pre-closure is generally allowed. However, charges (if any) depend on the loan terms and conditions.
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How can I apply for a WeRize Business Loan?
You can apply easily through an online application form, upload the required documents, and get quick approval.
