WeRize

WeRize Business Loan is designed to provide quick and accessible financing solutions to small business owners, especially in tier 2, 3, and 4 cities. Through its partner-led model, WeRize enables easy loan access for MSMEs to manage working capital, expand operations, and meet business expenses.

✔️ Applicant must be an Indian resident
✔️ Age: 21 to 60 years
✔️ Self-employed / small business owner
✔️ Minimum business vintage: 1 year or more
✔️ Stable income and repayment capacity
✔️ Basic CIBIL score preferred (600+)

✔️ Interest Rates: 18% – 36% p.a. (profile-based)
✔️ Processing Fee: Up to 3% of loan amount (+GST)
✔️ Prepayment/Foreclosure Charges: As per lender policy
✔️ Penal Charges: Applicable on delayed EMIs
✔️ Other Charges: As per partner NBFC/bank

✔️ Identity Proof (Aadhaar Card / PAN Card)
✔️ Address Proof
✔️ Business Proof (GST / Shop Act / Registration)
✔️ Bank Statements (Last 6 months)
✔️ Income Proof (ITR / P&L, if applicable)
✔️ Passport-size photographs

Q1. What is the loan amount offered by WeRize?
Ans. Loan amount ranges from ₹50,000 to ₹10 lakh depending on eligibility.

Q2. Who can apply for WeRize Business Loan?
Ans. Small business owners, MSMEs, and self-employed individuals can apply.

Q3. Is collateral required?
Ans. No, most loans are unsecured and do not require collateral.

Q4. How can I apply for the loan?
Ans. You can apply through WeRize partners or agents in your area.

Q5. What is the repayment tenure?
Ans. Tenure varies depending on the loan type and lender partner.