- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Business Loan in Begusarai
Begusarai is slowly becoming a hub of opportunity for entrepreneurs and business owners. As local enterprises grow, securing the right financial support is essential for maintaining momentum and exploring new avenues for expansion. Business loans in Begusarai from Shriram Finance are tailored to meet the specific needs of this business community. With competitive interest rates starting from 10%* p.a., our loans provide a pathway to financial stability. We understand the urgency of business needs, which is why our application process is designed for fast approvals and minimal documentation. Whether you need to invest in new equipment or manage operational costs, our flexible repayment options allow you to choose a plan that fits your cash flow. At Shriram Finance, we offer both secured and unsecured loan options, enabling you to select the best fit for your financial situation. By partnering with us, you gain access to the resources needed to drive your business forward.
Business Loan Types in Begusarai
Securing funding is essential for business growth in Begusarai. We'll delve into the different types of business loans available:
Features and Benefits of Business Loans in Begusarai
Understanding the features and benefits of business loans is crucial for accessing the right finance.
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 Begusarai
The table below provides details of the interest rates and fees for business loans available at Shriram Finance in Begusarai. Understanding these costs is important for businesses looking for financial solutions.
| 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 Begusarai
Eligibility and Documentation Criteria for Business Loans in Begusarai
Who can apply?- Partnership firms
- Proprietorship firms
- Pvt ltd companies
- Public Ltd companies
- LLPs
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 Begusarai
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 Begusarai
For young and growing businesses, Shriram Finance offers unsecured business loans that require no collateral. You can secure financing starting from Rs.1 lakh* without pledging any assets. These loans feature competitive interest rates and flexible repayment options. The application process is straightforward and fully online, with quicker approvals and attractive credit terms. To qualify, your business must be operational for a minimum of 3 years. Also, make sure to have all necessary documents in place.
Our Business Loan Branches in Begusarai
Our team at Begusarai assists local businesses in fulfilling their financial requirements. Whether it’s funding for growth or support with operational expenses, we are here to help you find the best loan option.
Locate Us
Business Loan Customer Care in Begusarai
Shriram Finance is here to address all your business loan needs in Begusarai. Contact our customer support team by phone or drop by the branch for personalised assistance.
Business Loan Status in Begusarai
Checking the status of your business loan application in Begusarai is easy. Simply enter your reference number on our website to receive immediate updates. Contact our customer care team for any further assistance.
Business Loans in Major Cities
Business Loan FAQs
Who is eligible for a business loan in Begusarai?
Sole proprietors, LLPs, partnership firms, and private and public limited companies in Begusarai are eligible. Applicants should be 21 years to 65 years old and have a minimum of 3 years of business experience.
What is the interest rate on a business loan in Begusarai?
Business loans in Begusarai start at competitive interest rates from 10%* p.a. Please refer to the section above for more information on additional charges.
How much loan can I get for my business in Begusarai?
Loan amounts begin at Rs.1 lakh* in Begusarai, with the maximum amount based on your eligibility and business needs.
Can I apply for a business loan in Begusarai?
Yes, you can apply online or by visiting the Shriram Finance branch in Begusarai.
What is the maximum loan tenure for a business loan in Begusarai?
For unsecured loans, the tenure ranges from 12 to 48 months, while secured loans offer flexible repayment options between 12 – 84 months.
What is the processing time for a business loan in Begusarai?
Applications are generally processed within 2- 3 business days, depending on eligibility and documentation.
What is the eligibility for a startup business loan in Begusarai?
Eligibility for startup business loans in Begusarai is the same as that for standard business loans.
What is the minimum interest rate for a business loan in Begusarai?
Business loans in Begusarai are available at competitive rates starting 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.