Axis Finance Vyapar Loan: Collateral-Free MSME Credit
Why in the news
Axis Finance, a non-banking financial company (NBFC), rolled out the Vyapar Business Loan to support micro and small enterprises (MSMEs), mainly outside big cities.
Key facts
- Lender: Axis Finance, an NBFC.
- Ticket size: up to ₹10 lakh.
- Security: no collateral needed.
- Repayment: flexible tenure options.
Product snapshot
| Feature | Detail |
|---|---|
| Name | Vyapar Business Loan |
| Who it serves | Shopkeepers, traders and service providers |
| Segments | Retail, service and trading businesses |
| Markets | Semi-urban and rural |
Exam angle
- Launched by: Axis Finance (NBFC).
- Maximum amount: ₹10 lakh, with no collateral.
- Target group: MSMEs.