Can I pre-pay my business loan before the due date?

If you have serviced at least 50% of the total EMIS or 6 EMIS, whichever is lower, then you are eligible to repay the entire balance outstanding amount without any penalty and you shall be charged interest only till the date of your repayment.

If you wish to pre-pay the entire loan earlier than the above specified duration, you will have to pay 3% of the outstanding loan amount as the pre-payment penalty. If you intend to prepay your loan, please send an email to with your outstanding balance and loan account no. in the subject line.

Category: Business Loans - Unity Small Finance Bank

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