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Fixed Deposit up to 9.05% p.a.* Interest rates. Invest Now

 

01-01-2023 00:13:59

Recurring Deposit up to 8.50% p.a.* Interest rates. Invest Now

 

14-11-2022 14:09:00

Two Entities - One Shared Vision - STFC and SCUF are now merged as Shriram Finance

14-11-2022 14:08:45

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Easy & Quick Disbursals on Business Loan

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Business Loan

Shriram offers Business loans for purchase of Machines/equipment/raw materials, building inventory/stocks and for working capital needs like meeting short term liabilities and market credit needs. Grow your business with Shriram Business Loan at the most affordable interest rates with flexible repayment tenures

Features and Benefits

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Competitive Interest Rates

Get the best interest rate in the market starting from 15%*

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Flexible Repayments

Flexible tenure ranging between 12 to 60 months based on the loan amount

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Minimal Documentation

Hassle-free loan process with minimal paperwork

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Quick Approvals & Disbursals

Reliable and faster loan approvals with minimal documentation

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Regular Reminders

Receive alerts on your registered mobile number and email ID about your EMI so that you never miss out on payments

How to apply?

Applying for Shriram’s  Business Loan is a 4-step process – It’s easy, seamless and quick

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  • Step 1:

    Register using your phone number

  • Step 2:

    Receive a verification call from us

  • Step 3:

    Complete your verification process

  • Step 4:

    Get loan credit to your bank account

Eligibility

To ensure faster processing and hassle-free loan processing experience - check your Business Loan eligibility criteria below

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Who can apply?

Individuals/ Proprietorship Firm/ Partnership Firm/ Private & Public Limited Company

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Age

70 years at loan maturity

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Business Stability

Minimum years in Business- 3 years

Interest and Charges

We can help your business move forward with finance that works for you. Here are our interests & charges on Business Loan

Processing Charges

Processing fee starting at

2%

Closure Charges

Closure charges

3

%

to

6

%

* Eligible after 6 Months

FAQs

What is Business Loan?

  • A business loan provides funds for all your business needs to boost your working capital and allow you to invest in inventory, equipment, renovate and hire new staff - basically for any business activity.

Who can apply for Business Loan?

  • Sole Proprietors, Partnership Firms, Private Limited, and Limited Companies with an annual turnover of Rs. 20 lakhs or more are eligible to apply for an Business Loan from Shriram. Applying online for an Business Loan with Shriram is simple and hassle-free.

How to apply for a Business Loan online?

  • Applying for a business loan with Shriram is very easy
    Step 1: Register using your mobile number
    Step 2: Verify and proceed using OTP
    Step 3: Enter personal details
    Step 4: Receive a call from our representative

What is the tenure to repay my business loan

  • You can choose a loan tenure from 12 to 60 months to repay the loan

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