HDFC vs ICICI Business Loan, 2026.
Reviewed by Jay Patel· Last reviewed:
HDFC Bank and ICICI Bank side by side — interest rate, EMI, processing fee and fine print — so you can see which one suits your profile.
HDFC vs ICICI — Business Loan Comparison
Key parameters compared side by side.
| Parameter | HDFC | ICICI |
|---|---|---|
| Interest Rate (p.a.) | 10.75% – 22.5% | 11% – 15.5% |
| Processing Fee | 1.50% (min ₹10,000) | 2.00% (min ₹10,000) |
| Max Loan Amount | Rs 5 Cr | Rs 3 Cr |
| Max Tenure | 7 Years | 6 Years |
| Bank Type | Private Sector | Private Sector |
| Founded | 1994 | 1994 |
| Headquarters | Mumbai | Mumbai |
Interest Rate (p.a.)
HDFC
10.75% – 22.5%
ICICI
11% – 15.5%
Lower/better: HDFC
Processing Fee
HDFC
1.50% (min ₹10,000)
ICICI
2.00% (min ₹10,000)
Max Loan Amount
HDFC
Rs 5 Cr
ICICI
Rs 3 Cr
Lower/better: HDFC
Max Tenure
HDFC
7 Years
ICICI
6 Years
Lower/better: HDFC
Bank Type
HDFC
Private Sector
ICICI
Private Sector
Founded
HDFC
1994
ICICI
1994
Headquarters
HDFC
Mumbai
ICICI
Mumbai
Rates as of September 2026. Subject to change based on RBI policy and bank revisions.
EMI Comparison
Estimated EMI for Rs 20 Lakh business loan for 5 years at each bank's listed starting rate.
HDFC
ICICI
Savings: Choosing HDFC saves you approximately ₹249 per month, or ₹14,940 in total interest over the loan tenure.
Feature Comparison
Key features offered by HDFC and ICICI for business loan.
| Feature | HDFC | ICICI |
|---|---|---|
| Pre-approved offers for existing HDFC customers | ||
| Flexi-loan option | ||
| Working capital + term loan combo | ||
| Online disbursement | ||
| InstaBIZ portal for MSMEs | ||
| EMI holiday for first 3 months | ||
| OD & CC facilities | ||
| GST-based offers |
Pre-approved offers for existing HDFC customers
Flexi-loan option
Working capital + term loan combo
Online disbursement
InstaBIZ portal for MSMEs
EMI holiday for first 3 months
OD & CC facilities
GST-based offers
Which Is Better — HDFC or ICICI?
It depends on your priorities. Here is a quick guide.
Choose HDFC If...
- Lower starting interest rate (10.75% vs 11%)
- Higher max loan amount (Rs 5 Cr vs 3 Cr)
- Longer max tenure (7 yrs vs 6 yrs)
Choose ICICI If...
- Lower maximum rate (15.5% vs 22.5%)
Need context for this comparison? Contact Money Matrix Hub to discuss the displayed lender information. Any service terms and lender decisions should be confirmed before proceeding.
Eligibility Comparison
General eligibility criteria for business loan at both banks.
HDFC Eligibility
- Business vintage: 2+ years (ITR required)
- Min annual turnover: Rs 15 Lakh
- CIBIL score: 650+ preferred
- Valid GST registration
- Age: 21–65 years at loan maturity
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
ICICI Eligibility
- Business vintage: 2+ years (ITR required)
- Min annual turnover: Rs 15 Lakh
- CIBIL score: 650+ preferred
- Valid GST registration
- Age: 21–65 years at loan maturity
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
Frequently Asked Questions
Common questions about HDFC vs ICICI business loan.
Which bank has a lower business loan interest rate in 2026 — HDFC or ICICI?
HDFC currently shows a lower published starting rate of 10.75% p.a. for business loan. However, the actual rate you receive depends on lender eligibility, current documentation, credit score, income, and loan amount. Money Matrix Hub can help you compare available lender information from both banks.
What is the maximum business loan amount I can get from HDFC vs ICICI?
HDFC offers a higher maximum loan amount of up to Rs 5 Cr. HDFC offers up to Rs 5 Cr while ICICI offers up to Rs 3 Cr for business loan.
Which bank charges a lower processing fee for business loan — HDFC or ICICI?
HDFC lists a processing fee of 1.50% (min ₹10,000), while ICICI lists 2.00% (min ₹10,000). Fees and waivers can depend on lender policy and borrower eligibility, so confirm the current Key Fact Statement before accepting an offer.
Should I choose HDFC or ICICI for business loan in 2026?
The best choice depends on your specific needs. HDFC offers rates from 10.75%–22.5% with a max tenure of 7 years, while ICICI offers 11%–15.5% with 6 years tenure. Contact Money Matrix Hub for a personalised comparison based on your profile.
Can Money Matrix Hub help me apply for a business loan from both HDFC and ICICI?
Money Matrix Hub can help you compare available lender information for HDFC and ICICI. Any application, credit enquiry, offer, sanction decision, lender fee, and borrower charge are subject to the relevant lender's current policy and documentation.
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