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Belagavi is a city in Karnataka with a diverse economy spanning manufacturing, agriculture, and trade, offers significant opportunities for businesses. Shriram Finance is dedicated to empowering businesses in Belagavi with tailored business loan solutions. Access to capital is essential for expansion, upgrades, and smooth operations. Our business loans have competitive rates (starting from 10%* p.a.), and loan amounts tailored to meet specific business needs; used for business expansion, working capital, purchasing equipment, or managing expenses. With flexible tenures of up to 84 months and attractive interest rates starting from 10%* p.a.*, Shriram Finance understands the Belagavi business environment. By streamlining the application process, Shriram Finance allows businesses to get capital quickly.
Shriram Finance provides a wide range of secured and unsecured business loans to facilitate your business needs in Belagavi. These include:
If you are in need of financial aid to expand and grow your business, Shriram Finance is an ideal choice for availing a hassle-free business loan in Belagavi. Benefits include:
Shriram Finance offers competitive interest rates on business loans in Belagavi, starting from just 10%* p.a.. For all the details on specific interest rates and any fees that might apply, please check our website or pop into our Belagavi branch
| 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%* |
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 Belagavi
Applying for a Shriram Business Loan in Belagavi is a simple 5-step process:
For emerging businesses in Belagavi, Shriram Finance offers the perfect solution: an unsecured business loan, starting from Rs.1 lakh, that requires no collateral! This means you don't need to pledge any assets to get the funding you need. Enjoy flexible repayment options, competitive interest rates, and a simple online application process. These loans offer significant advantages: no collateral requirements, faster approval, and attractive credit terms. To qualify, your business should have been operating for at least 3 years, and you'll need to provide the necessary documentation. Eligibility is based on standard criteria, and availability may depend on your specific location.
Shriram Finance has branches across Belagavi, making it convenient for customers to apply and manage their loans. Key locations include:
For any inquiries or assistance regarding a business loan in Belagavi, Shriram Finance offers dedicated customer care services. You can reach out via phone or visit any branch for personalised support. Contact details and branch addresses can be found on our website.
To check the status of your business loan application in Belagavi, visit our website and enter your application reference number. You can also contact customer care for real-time updates on your loan processing status.
Who is eligible for a business loan in Belagavi?
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 Belagavi?
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 Belagavi?
Shriram Finance provides business loans starting from Rs.1 lakh*. The maximum loan amount depends on your business’s needs and eligibility
Can I apply for a business loan in Belagavi?
Yes, you can apply for a business loan in Belagavi. 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 Belagavi?
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 Belagavi?
The loan approval time is approximately 2- 3 business days. 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 Belagavi?
For a startup business loan in Belagavi 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 Belagavi?
The minimum interest rate starts from 10%* p.a.
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.