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Business Loan in Basti
In Basti, where enterprise flourishes, Shriram Finance fuels business growth with tailored loan solutions. Find the best Business Loans in Bast tailored to your enterprise needs Access vital capital for expansion, upgrades, and operations, with competitive rates from 10%* p.a. Benefit from streamlined applications, quick approvals, and flexible repayments up to 84 months on secured loans. Shriram Finance provides both secured and unsecured business loans starting from Rs1 lakh*, understanding the unique needs of the Basti business landscape
Business Loan Types in Basti
Shriram Finance offers a variety of secured and unsecured business loans. These are:
Features and Benefits of Business Loans in Basti
If you are requiring financial aid to expand your business, Shriram Finance is a good choice for availing a business loan. Benefits are:
Online EMI Calculator
Loans starting from Rs. 1 lakh*
Secured & Unsecured Loans
Quick Loan & Approvals
Flexible Loan Tenure
Hassle-free Online Process
Business Loan Interest Rates and Charges in Basti
10%* p.a. is the starting interest rate for Shriram Fiannce business loans. For more details:
| Type of Fees | Applicable Charges |
|---|---|
| Interest Rate | Customised interest rates starting from 10%* p.a. |
| Processing Fees | Up to 5%* |
| Late Payment Fees | 36%* p.a on the Overdue Amount |
| Foreclosure Charges | Up to 4%* |
How to Use the Business Loan EMI Calculator
STEP 01
Required loan amount
STEP 02
Interest rate
Min 10%
Max 30%
STEP 03
Min 12 months
Max 84 months
Loan Summary
Loan
Loan Amount
₹ 1,00,000
Interest Payable
₹ 39,450
Monthly EMI
₹ 1,660
Eligibility and Documentation Criteria for Business Loans in Basti
Eligibility and Documentation Criteria for Business Loans in Basti
Who can apply?- Partnership firms
- Pvt ltd companies
- Public Ltd companies
- LLPs
- Proprietorship firms
Eligibility Criteria:- Age: 21 years to 65 years (Age at loan maturity should not exceed 65 years)
- Occupation: Self-employed individuals, business owners, or proprietors with a minimum of 3 years of business experience.
Documents Required:- Bank statement (6 months)
- Business registration proof
- Business PAN
- Applicant PAN
- Selfie Photograph
Step-by-Step Application Process for Business Loans in Basti
Applying for Shriram Business Loan is a 5-step process:
Step 1
Register using your mobile numberStep 2
Enter loan detailsStep 3
Enter business detailsStep 4
Receive a verification call from usStep 5
Get your loan disbursed
Unsecured Business Loans in Basti
Shriram Finance provides an ideal solution for young and growing businesses with our unsecured business loan that requires no collateral. An unsecured business loan does not require you to pledge any of your assets to get financing. With Shriram Finance, you can get an unsecured business loan starting from Rs1 lakh*. Shriram Finance offers unsecured business loans with flexible repayment tenures and affordable interest rates. These loans are beneficial because no collateral is required, approval process is quicker and easier, and they come with better credit terms. To be eligible for an unsecured business loan from Shriram Finance, your business should have been operational for at least 3 years, and you must provide all the required documentation. The availability of unsecured business loans may vary depending on the business location.
Our Business Loan Branches in Basti
The branches of Shriram Finance located in Basti solves every type of financial query. Key locations are:
Locate Us
Business Loan Customer Care in Basti
For any assistance with a business loan in Basti, Shriram Finance has dedicated customer care services.
Business Loan Status in Basti
To check the status of your personal loan application, visit our website and enter your application reference number. You can also contact customer care. Choose Shriram Finance to enjoy a peaceful borrowing experience.
Business Loans in Major Cities
Business Loan FAQs
Who is eligible for a business loan in Basti?
Partnership firms, Proprietorship firms, Pvt Ltd companies, Public Ltd companies, and LLPs are eligible to apply for a business loan. The applicant should be between 21 years to 65 years old (with age at loan maturity not exceeding 65 years). Self-employed individuals, business owners, or proprietors with a minimum of 3 years of business experience are also eligible.
What is the interest rate on a business loan in Basti?
The interest rate for Shriram Business Loan starts from 10%* p.a. For detailed information on interest rates and applicable fees/charges, please refer to their interest rate and charges section above.
How much loan can I get for my business in Basti?
Shriram Finance provides business loans starting from Rs1 lakh*. The maximum loan amount depends on your business’s needs and eligibility
Can I apply for a business loan in Basti?
Yes, you can apply for a business loan in Basti. Applying for a business loan with Shriram Finance is very easy. You can apply online or visit a branch.
What is the maximum loan tenure for a business loan in Basti?
You can choose a loan tenure from 12 to 48 months for unsecured business loans and 12 – 84 months for secured business loans.
What is the processing time for a business loan in Basti?
The loan approval time is quick. This is dependent on the credibility of the information furnished, fulfilment of the eligibility criteria, and submission of relevant documents.
What is the eligibility for a startup business loan in Basti?
For a startup business loan in Basti from Shriram Finance, the eligibility criteria are generally the same as for a regular business loan.
What is the minimum interest rate for a business loan in Basti?
The minimum interest rate starts from 10%* p.a.
Disclaimer
The information provided in this guide is for educational purposes only and should not be considered financial advice. Always consult with a financial advisor before making investment decisions related to fixed deposits or any other financial products.