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Other Types of Business Loan
Loan Benefits & Features
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Effortless Funding
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Transfer Loan Balance
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Overdraft Facility
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Convenience
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Stay Protected
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Most Important Terms & Conditions
More About Business Loan for Restaurants
Running a restaurant—whether you're setting up a new one or maintaining an existing outlet—requires steady access to funds. From purchasing kitchen equipment and hiring staff to managing daily operations, a Restaurant Loan can provide the financial support needed to keep your business thriving.
With HDFC Bank Restaurant Loans, you get quick and hassle-free access to financing, tailored to suit your specific business needs. Use the loan amount to buy equipment, stock raw materials, pay property taxes, hire personnel, or even cover permit and licensing costs.
For small and medium-sized enterprises in the food industry, HDFC Bank also offers MSME Loans for Restaurants at competitive interest rates, with collateral-free options and swift disbursal, helping you act fast when opportunities or challenges arise.
You will need to furnish the following set of documents to obtain a Personal Loan for Home Renovation.
The HDFC Bank Business Loan for Restaurants offers features such as flexible loan amounts tailored to business needs, competitive interest rates and quick processing. It includes minimal documentation for easy, collateral-free options and a repayment tenure of up to 48 months. Additionally, the loan provides access to dedicated relationship managers and customised solutions to support the growth and expansion of restaurant businesses.
Flexible Loan Amount: Provides funding tailored to your business needs.
Competitive Interest Rates: Affordable rates to manage cash flow.
Quick Processing: Fast approvals and disbursements
Minimal Documentation: Simplified paperwork for convenience.
Flexible Repayment Tenure: Customizable repayment terms to suit your financial situation.
No Collateral Required: Unsecured loan options available.
You can apply for a Business Loan for Restaurants via:
1. Website Digital Application
2. PayZapp
3. NetBanking
4. Branches
Online application process:
Step 1 – Choose your occupation
Step 2 - Provide & validate your Phone Number & Date of Birth/PAN
Step 3- Choose Loan amount
Step 4- Submit & Receive funds*
*In certain cases, uploading documents and completing video KYC might be required.
Below is the eligibility requirement for availing HDFC Bank Restaurant Loans
*Terms and conditions apply. Restaurant equipment financing is granted at the sole discretion of HDFC Bank Limited. Loan disbursal is subject to documentation and verification per the Bank's requirements.
Frequently Asked Questions
HDFC Bank's Business Loan for Restaurants has an excellent interest rate that varies depending on the loan amount, period and borrower's credit profile.
HDFC Bank's Business Loan for Restaurants has a flexible repayment period of 12 to 48 months. Borrowers can choose a payback schedule that best meets their financial capabilities and company needs, resulting in convenient and stress-free repayments.
While HDFC Bank does not expressly state a minimum credit score for a Business Loan to open a restaurant, having a solid credit score generally benefits loan request acceptance. A credit score of 700 or higher is usually considered favourable for loan qualifying, though individual conditions may differ.
To apply for a Bank Loan for Restaurants provided by HDFC Bank, you must ensure that you have all the documentation required and are eligible. You can use HDFC Bank Eligibility Checker to find out if you are eligible to apply in a matter of minutes. You can then apply for the loan online or by visiting a nearby branch.
You can receive restaurant financing even with a low credit rating by providing security. You can pledge your gold, property or other valuable assets to avail of a loan without depending on your credit rating.
Restaurant financing, like other business loans, can be pre-closed by making a part-payment of the loan amount before the tenure ends. However, please note that foreclosure is not allowed within the first 6 months.
Fuel your business growth—apply now for a business loan!