How do Instagram-based businesses apply for business loans in India?
Instagram-based businesses in India can apply for business loans through NBFC s, fintech lenders, and public sector banks via PSB Loans in 59 Minutes by submitting bank statements, Udyam/ MSME registration, PAN , Aadhaar, and digital revenue records such as UPI transaction history or payment gateway reports. GST registration is helpful but not mandatory for all loan types. What Is an Instagram Business in India? An Instagram business is any income-generating venture that primarily acquires customers, processes orders, or sells products through Instagram. Lenders increasingly recognise these as modern MSME s. Common types include: Home bakers selling custom cakes via DM s Jewellery brands selling handmade or fashion accessories Thrift stores curating secondhand clothing Resellers sourcing wholesale and selling at a margin Digital product sellers offering templates, presets, or courses Over 40 million small businesses in India use social media to sell a significant portion oper...