Looking for a Term Loan in Bhopal? FynnEdge compares Term Loan offers from partner banks and NBFCs for applicants living or working across Bhopal — including MP Nagar, Arera Colony, Kolar Road, Hoshangabad Road and New Market — so you can check eligibility and start your application online.

Term Loan is typically available from ₹100,000 to ₹50,000,000 over a tenure of 12–120 months, at lenders' published rates of 7.75%–22.08% p.a.

Lenders typically assess: Minimum business vintage (varies by lender); Healthy annual turnover; Reasonable existing business obligations.

Documents commonly required: PAN Card, Business Registration Proof, GST Returns, Bank Statements (last 12 months), ITR (last 2 years).

Eligibility and final terms are set by the lender at the time of application — the figures here are indicative starting points, not a guarantee of approval or of the exact rate you'll be offered.

Term Loan in Bhopal EMI calculator

Estimate your monthly instalment and see the full year-by-year principal and interest breakdown.

Loan amount

₹

Maximum loan amount: ₹5,00,00,000

Interest rate (p.a.)

Lenders' published rates for Term Loan: 7.75%–22.08% p.a..

Tenure

years

Maximum tenure: 10 years (120 months)

Monthly EMI

₹20,157

Total interest

₹2,09,418

Total payment

₹12,09,418

Indicative only — your actual EMI depends on the lender's exact rate and terms at sanction.

Principal vs. interest

Principal 82.7%
Interest 17.3%

Principal & interest paid per year

2026

2027

2028

2029

2030

Time on the x-axis, amount repaid on the y-axis — early on leans toward interest, later on toward principal.

Full breakdown, starting this month

Assumes your first EMI falls this month — click a period to see every month within it.

Period Principal paid Interest paid Total paid

Oct 2026 – Sep 2027 Principal paid₹1,70,350 Interest paid₹71,533 Total paid₹2,41,884

Month	Principal paid	Interest paid	Total paid	Balance remaining
Oct 2026	₹13,699	₹6,458	₹20,157	₹9,86,301
Nov 2026	₹13,787	₹6,370	₹20,157	₹9,72,514
Dec 2026	₹13,876	₹6,281	₹20,157	₹9,58,638
Jan 2027	₹13,966	₹6,191	₹20,157	₹9,44,672
Feb 2027	₹14,056	₹6,101	₹20,157	₹9,30,616
Mar 2027	₹14,147	₹6,010	₹20,157	₹9,16,470
Apr 2027	₹14,238	₹5,919	₹20,157	₹9,02,232
May 2027	₹14,330	₹5,827	₹20,157	₹8,87,902
Jun 2027	₹14,423	₹5,734	₹20,157	₹8,73,479
Jul 2027	₹14,516	₹5,641	₹20,157	₹8,58,963
Aug 2027	₹14,609	₹5,547	₹20,157	₹8,44,354
Sep 2027	₹14,704	₹5,453	₹20,157	₹8,29,650

Oct 2027 – Sep 2028 Principal paid₹1,84,031 Interest paid₹57,852 Total paid₹2,41,884

Month	Principal paid	Interest paid	Total paid	Balance remaining
Oct 2027	₹14,799	₹5,358	₹20,157	₹8,14,851
Nov 2027	₹14,894	₹5,263	₹20,157	₹7,99,957
Dec 2027	₹14,991	₹5,166	₹20,157	₹7,84,966
Jan 2028	₹15,087	₹5,070	₹20,157	₹7,69,879
Feb 2028	₹15,185	₹4,972	₹20,157	₹7,54,694
Mar 2028	₹15,283	₹4,874	₹20,157	₹7,39,411
Apr 2028	₹15,382	₹4,775	₹20,157	₹7,24,029
May 2028	₹15,481	₹4,676	₹20,157	₹7,08,548
Jun 2028	₹15,581	₹4,576	₹20,157	₹6,92,968
Jul 2028	₹15,682	₹4,475	₹20,157	₹6,77,286
Aug 2028	₹15,783	₹4,374	₹20,157	₹6,61,503
Sep 2028	₹15,885	₹4,272	₹20,157	₹6,45,618

Oct 2028 – Sep 2029 Principal paid₹1,98,812 Interest paid₹43,072 Total paid₹2,41,884

Month	Principal paid	Interest paid	Total paid	Balance remaining
Oct 2028	₹15,987	₹4,170	₹20,157	₹6,29,631
Nov 2028	₹16,091	₹4,066	₹20,157	₹6,13,541
Dec 2028	₹16,195	₹3,962	₹20,157	₹5,97,346
Jan 2029	₹16,299	₹3,858	₹20,157	₹5,81,047
Feb 2029	₹16,404	₹3,753	₹20,157	₹5,64,643
Mar 2029	₹16,510	₹3,647	₹20,157	₹5,48,132
Apr 2029	₹16,617	₹3,540	₹20,157	₹5,31,515
May 2029	₹16,724	₹3,433	₹20,157	₹5,14,791
Jun 2029	₹16,832	₹3,325	₹20,157	₹4,97,959
Jul 2029	₹16,941	₹3,216	₹20,157	₹4,81,018
Aug 2029	₹17,050	₹3,107	₹20,157	₹4,63,967
Sep 2029	₹17,161	₹2,996	₹20,157	₹4,46,807

Oct 2029 – Sep 2030 Principal paid₹2,14,779 Interest paid₹27,105 Total paid₹2,41,884

Month	Principal paid	Interest paid	Total paid	Balance remaining
Oct 2029	₹17,271	₹2,886	₹20,157	₹4,29,536
Nov 2029	₹17,383	₹2,774	₹20,157	₹4,12,153
Dec 2029	₹17,495	₹2,662	₹20,157	₹3,94,658
Jan 2030	₹17,608	₹2,549	₹20,157	₹3,77,049
Feb 2030	₹17,722	₹2,435	₹20,157	₹3,59,328
Mar 2030	₹17,836	₹2,321	₹20,157	₹3,41,491
Apr 2030	₹17,952	₹2,205	₹20,157	₹3,23,540
May 2030	₹18,067	₹2,090	₹20,157	₹3,05,472
Jun 2030	₹18,184	₹1,973	₹20,157	₹2,87,288
Jul 2030	₹18,302	₹1,855	₹20,157	₹2,68,987
Aug 2030	₹18,420	₹1,737	₹20,157	₹2,50,567
Sep 2030	₹18,539	₹1,618	₹20,157	₹2,32,028

Oct 2030 – Sep 2031 Principal paid₹2,32,028 Interest paid₹9,855 Total paid₹2,41,884

Month	Principal paid	Interest paid	Total paid	Balance remaining
Oct 2030	₹18,658	₹1,499	₹20,157	₹2,13,370
Nov 2030	₹18,779	₹1,378	₹20,157	₹1,94,591
Dec 2030	₹18,900	₹1,257	₹20,157	₹1,75,691
Jan 2031	₹19,022	₹1,135	₹20,157	₹1,56,668
Feb 2031	₹19,145	₹1,012	₹20,157	₹1,37,523
Mar 2031	₹19,269	₹888	₹20,157	₹1,18,254
Apr 2031	₹19,393	₹764	₹20,157	₹98,861
May 2031	₹19,518	₹638	₹20,157	₹79,343
Jun 2031	₹19,645	₹512	₹20,157	₹59,698
Jul 2031	₹19,771	₹386	₹20,157	₹39,927
Aug 2031	₹19,899	₹258	₹20,157	₹20,028
Sep 2031	₹20,028	₹129	₹20,157	₹0

Balance remaining after the last month of each period shown above.

Lenders offering this product

Compare lenders side by side

Tick up to 4 lenders to compare them head to head, or apply with any lender directly.

Lenders compared: 20
Rates from: 7.75% p.a.
Loan up to: ₹25 Crore
Tenure up to: 10 yrs

Sort by

Show

— pick at least one more to compare. — showing only your picks.

Lender

Interest rate

Loan amount

Tenure

Processing fee

Eligibility

Central Bank of India Bank

Lowest rate Highest amount

Interest rate

7.75% – 8.45%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹5 Lakh – ₹25 Crore

Tenure

1–7 yrs

Processing fee

₹1,250–₹875,000 + GST

Fee details

Cent Business (GST-registered traders/manufacturers; TL/OD; 25% margin; Udyam reqd). MSME processing: waived up to Rs1 lakh, 0.25% Rs1-10 lakh, 0.25-0.35% above by rating + GST. ROI RBLR-based, not itemised

Eligibility

Age 21–65 yrs
Min. income ₹0/mo
Self-employed

Apply Now

HDB Financial Services NBFC / HFC

Longest tenure

Interest rate

8.75% – 19.00%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹5 Lakh – ₹1 Crore

Tenure

1–10 yrs

Processing fee

₹11,800–₹236,000

Fee details

Enterprise Business Loan (secured, for MSMEs) up to Rs 1 Cr; PF up to 2.36% inclusive of GST; application fee up to Rs 7,670; flat max = PF cap (Rs 7,670 was application fee)

Eligibility

Age 22–65 yrs
Min. income ₹25,000/mo
36+ months in current employment/business
Salaried or Self-employed

Apply Now

Piramal Finance NBFC / HFC

Interest rate

8.90%

p.a. onwards

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹5 Lakh – ₹35 Lakh

Tenure

1–7 yrs

Processing fee

₹25,000–₹175,000 + GST

Fee details

PF up to 5% + taxes; max per MSME secured quarterly disclosure

Eligibility

Age 24–72 yrs
Min. income ₹0/mo
Self-employed

Apply Now

Poonawalla Fincorp NBFC / HFC

Interest rate

9.10%

p.a. onwards

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹5 Lakh – ₹10 Crore

Tenure

1–6 yrs

Processing fee

₹10,000–₹2,000,000 + GST

Fee details

Machinery Loan Rs 5 lakh to Rs 10 Cr; PF up to 2% + taxes; foreclosure/part-payment 4% + taxes

Eligibility

Age 25–65 yrs
Min. income ₹0/mo
36+ months in current employment/business
Self-employed

Apply Now

Punjab & Sind Bank Bank

Longest tenure

Interest rate

9.10% – 11.55%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹10 Lakh – ₹10 Crore

Tenure

1–10 yrs

Processing fee

₹2,000–₹1,000,000 + GST

Fee details

PSB Vyapar Loan (OD/dropline/term loan, property-backed, 35% margin): 1% of loan amt, min Rs2,000 + GST. ROI 9.15-11.30% (PRLR-linked); term loan up to 10 yrs

Eligibility

Age 21–65 yrs
Min. income ₹0/mo
Self-employed

Apply Now

UCO Bank Bank

Interest rate

9.30% – 12.45%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹5 Lakh – ₹10 Crore

Tenure

1–7 yrs

Processing fee

₹1,250–₹400,000 + GST

Fee details

MSE funded exposure (MSME rate page 21.12.2023): up to Rs25 lakh MCLR+1.15% = 9.85%; Rs25 lakh-1 cr MCLR+2.15% = 10.85%; above Rs1 cr 10.60-11.85%; CGTMSE mandatory up to Rs1 cr

Eligibility

Age 21–65 yrs
Min. income ₹0/mo
Credit score 650+
Self-employed

Apply Now

Canara Bank Bank

Interest rate

9.55% – 14.25%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹5 Lakh – ₹10 Crore

Tenure

1–7 yrs

Processing fee

₹1,200–₹250,000 + GST

Fee details

MSME term loans RLLR (8.00%) + 1.30% to + 1.55% (≤₹2L) and risk-based + 1.40% to + 6.00% (₹2L–₹2 Cr); 0.50% concession for women entrepreneurs; 0.25% for CGTMSE-covered (card w.e.f. 01-Apr-2026)

Eligibility

Age 21–65 yrs
Min. income ₹0/mo
Self-employed

Apply Now

Bajaj Finance NBFC / HFC

Interest rate

10.00% – 18.25%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹5 Lakh – ₹8 Crore

Tenure

1–8 yrs

Processing fee

₹17,700–₹3,776,000

Fee details

SBL min salary Rs 24,000/month

Eligibility

Age 21–80 yrs
Min. income ₹24,000/mo
Credit score 650+
36+ months in current employment/business
Self-employed

Apply Now

Cholamandalam Finance NBFC / HFC

Interest rate

10.00% – 17.00%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹10 Lakh – ₹20 Crore

Tenure

1–5 yrs

Processing fee

₹20,000–₹4,000,000 + GST

Fee details

SME secured term loans / equipment finance Rs 10 lakh to Rs 20 Cr; equipment finance tenure 12-60 months; business must be profitable for last 3 financial years; IRP Dec-2025 SME term loan 10%-17%, equipment finance 9.5%-19%; PF up to 2% + GST

Eligibility

Age 25–65 yrs
Min. income ₹0/mo
36+ months in current employment/business
Self-employed

Apply Now

Axis Bank Bank

Longest tenure

Interest rate

10.20% – 10.65%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹5 Lakh – ₹10 Crore

Tenure

1–10 yrs

Processing fee

₹10,000–₹2,000,000 + GST

Fee details

Long-term business loans for self-employed/MSME (basis ITR/GST/banking conduct): PF up to 2% + taxes; foreclosure 4%/3%/2% by seasoning; rate on application

Eligibility

Age 21–65 yrs
Min. income ₹0/mo
36+ months in current employment/business
Self-employed

Apply Now

IDFC FIRST Bank Bank

Longest tenure

Interest rate

10.49%

p.a. onwards

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹5 Lakh – ₹10 Crore

Tenure

1–10 yrs

Processing fee

₹10,000–₹3,500,000 + GST

Fee details

Machinery/equipment loan up to Rs 10 crore (up to Rs 3 crore without additional collateral); 1-10 year tenure; PF typically 2%-3.5% + GST (as per IDFC business loan)

Eligibility

Age 25–68 yrs
Min. income ₹0/mo
36+ months in current employment/business
Self-employed

Apply Now

Manappuram Finance NBFC / HFC

Longest tenure

Interest rate

13.00% – 22.08%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹5 Lakh – ₹50 Lakh

Tenure

1–10 yrs

Processing fee

₹5,000–₹50,000 + GST

Fee details

Secured MSME business loan (collateral required); PF min 1% + tax; LTV up to 80%; min tenure 12 months (official); score 560/income Rs 25,000 per mortgage vertical

Eligibility

Age 21–65 yrs
Min. income ₹0/mo
Self-employed

Apply Now

Tata Capital NBFC / HFC

Interest rate

16.00%

p.a. onwards

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹40,000 – ₹1 Crore

Tenure

1–5 yrs

Processing fee

₹1,100–₹300,000 + GST

Fee details

PF as per business loan schedule up to 3% + taxes

Eligibility

Age 21–65 yrs
Min. income ₹0/mo
Credit score 700+
36+ months in current employment/business
Self-employed

Apply Now

HDFC Bank Bank

Interest rate

18.00%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹5 Lakh – ₹10 Crore

Tenure

1–7 yrs

Processing fee

₹10,000–₹2,000,000 + GST

Fee details

MSME/SME term loans (EasyEMI SME, machinery & equipment finance); PF up to 2%, NIL for MSE up to ₹5 lakh with URC; pricing on application

Eligibility

Age 21–65 yrs
Min. income ₹0/mo
36+ months in current employment/business
Self-employed

Apply Now

AU Small Finance Bank Bank

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹5 Lakh – ₹10 Crore

Tenure

1–7 yrs

Processing fee

₹15,000–₹3,000,000 + GST

Fee details

Business Banking term loans/working capital (SOC dated 01-01-2026): ROI up to 18%, PF up to 3%, renewal up to 1%; Emerging Enterprises up to 22% / PF up to 5%

Eligibility

Age 21–65 yrs
Min. income ₹0/mo
Self-employed

Apply Now

Aditya Birla Finance NBFC / HFC

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹10 Lakh – ₹3 Crore

Tenure

1–7 yrs

Processing fee

₹30,000–₹900,000 + GST

Fee details

Machinery Loan Rs 10 lakh to Rs 3 Cr, LTV up to 85%, disbursed to OEM; PF as per schedule of charges; PF up to 3% + GST (MyMoneyMantra)

Eligibility

Age 21–60 yrs
Min. income ₹0/mo
Credit score 700+
Self-employed

Apply Now

ICICI Bank Bank

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹5 Lakh – ₹15 Crore

Tenure

1–7 yrs

Processing fee

₹10,000–₹3,000,000 + GST

Fee details

Secured MSME facilities: up to Repo (5.25%) + 6.0% non-PSL (CGTMSE-backed up to Repo + 6.50%); PF up to 2% + taxes; SME credit limits up to ₹15 crore; Insta secured OD from 10.75%

Eligibility

Age 21–70 yrs
Min. income ₹0/mo
Self-employed

Apply Now

IndusInd Bank Bank

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹5 Lakh – ₹10 Crore

Tenure

1–7 yrs

Processing fee

₹15,000–₹3,000,000 + GST

Fee details

MSME term loans for expansion/capex; business vintage 3 yrs, profitable 2 yrs, turnover ₹1-250 crore; decision 14 days (<₹25 lakh) / 45 days

Eligibility

Age 25–70 yrs
Min. income ₹0/mo
36+ months in current employment/business
Self-employed

Apply Now

Mahindra Finance NBFC / HFC

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹25 Lakh

Tenure

1–5 yrs

Processing fee

₹2,000–₹50,000 + GST

Fee details

Machinery term loan: finances up to 80% of new machinery cost; PF up to 2% + GST; EMI calculator range Rs 1 lakh-25 lakh

Eligibility

Age 21–65 yrs
Min. income ₹0/mo
Self-employed

Apply Now

Shriram Finance NBFC / HFC

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹10 Crore

Tenure

1–7 yrs

Processing fee

₹5,000–₹5,000,000 + GST

Fee details

Secured MSME business loan (12-84 months) from 10% fixed; PF up to 5%; foreclosure up to 4%; up to Rs 10 Cr; IRP secured BL/SME band 10%-28%; age 21-65, 3 yrs vintage

Eligibility

Age 21–65 yrs
Min. income ₹0/mo
36+ months in current employment/business
Self-employed

Apply Now

Not sure which lender fits? Check your eligibility with all 20 lenders with a single application.

Check eligibility

Rates are each lender's own published figures, checked against the lender's website on the date shown. The rate, amount and approval you are offered depend on the lender's assessment of your profile — FynnEdge does not guarantee approval, disbursal or any particular rate.

Why FynnEdge?

You could go directly to a bank. But why apply for a Term Loan in Bhopal through us?

One profile, many lenders

Share your details once — we match you against multiple lenders' criteria instead of you applying to each one separately.

Clear, upfront eligibility

See which lenders you're likely eligible for, with plain-language reasons, before you apply.

A fully online journey

Check eligibility, compare lenders and apply — all online, without a branch visit.

Free EMI & credit tools

Plan your EMI and check your credit score for free, before you commit to anything.

Guidance, not just a listing

We help you understand your options and why a lender is or isn't a fit — not just hand you a list.

No service charges

Comparing and applying through FynnEdge is free. Any lender fees are disclosed upfront by the lender.

What our customers say

“I contacted Fynnedge for help regarding the different types of personal loans available. The process went smoothly but it took quite long for the approval. Overall, it was a good experience.””

Kavita Iyer

Hyderabad
“I collaborated with Fynnedge to seek a personal loan for a specific expenditure. The process was straightforward, and the staff explained how loans functioned. The only issue was the length of the whole application process.””

Sandeep Malhotra

Chandigarh
“I have had a very happy experience with the Flexi Hybrid Term Loan. I found the process quite easy, although I did have to go through a lot of documentation as well as learn about all the terms and conditions of the loan first." ”

Rajesh Gupta

kanpur

Apply for a Term Loan in Bhopal

Term Loan in Bhopal EMI calculator

Compare lenders side by side

You could go directly to a bank. But why apply for a Term Loan in Bhopal through us?

What our customers say