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Business Loan
Meet all your business needs with
Shriram Business Loans

Business Loan in Belagavi

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.

Business Loan Types in Belagavi

Shriram Finance provides a wide range of secured and unsecured business loans to facilitate your business needs in Belagavi. These include:

Working Capital Loan
Working Capital Loan
Designed to help business owners pay for immediate operational needs, such as purchasing inventory, hiring and training new employees, buying equipment or supplies, paying taxes, managing payroll, and taking care of other short-term operational expenses.
Trade Finance
Trade Finance
Offered to support trading activities and related expenses, encompassing a wide array of financial products like letters of credit, invoice factoring, and export credit insurance.
GST Business Loan
GST Business Loan
Offered to business owners based on their GST returns, with the loan amount determined appropriately. This type of financing is specifically designed to help businesses manage their Goods and Services Tax (GST) payments.
Supply Chain Finance
Supply Chain Finance
Provides flexible payment alternatives to both buyers and suppliers at competitive financing rates to ensure the smooth functioning of a business.
Business Loan for Women
Business Loan for Women
Specifically designed to help women entrepreneurs start or grow their businesses. These loans may be offered to women-owned businesses of all sizes and stages of growth.
Startup Business Loan
Startup Business Loan
Designed to assist in raising capital and developing existing businesses. It can cover startup costs like purchasing resources and equipment, marketing expenses, or developing new products.
MSME Loan
MSME Loan
Offered to help micro, small, and medium-scale entrepreneurs meet various business expenditures. These loans can be used to finance working capital, equipment purchases, and business expansion.
Shop Loan
Shop Loan
Specifically designed to help small retail businesses, such as shops, boutiques, and convenience stores, finance their operations and growth. These loans can cover working capital, inventory purchases, equipment upgrades, and marketing expenses.
Shop Loan
Loan Without Financials
Designed for businesses without a long credit history. Helps secure funds even with limited financial documents.

Features and Benefits of Business Loans in Belagavi

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:

Online EMI Calculator

Online EMI Calculator

Accurately calculate your monthly payments with our easy-to-use online EMI Calculator.
Loans starting from Rs. 1 lakh*

Loans starting from Rs. 1 lakh*

Manage your business expenses with loans starting from Rs. 1 lakh*.
Secured & Unsecured Loans

Secured & Unsecured Loans

Shriram Finance offers both secured and unsecured business loan options, depending on your business location. Get an unsecured business loan at an interest rate of 12%*p.a. and secured business loan at 10%* p.a.
Quick Loan & Approvals

Quick Loan & Approvals

Expect a fast loan approval process to ensure your business needs are met on time. The approval time is about 2- 3 business days, based on the reliability of the information provided, meeting the requirements, and submission of the necessary documents.
Flexible Loan Tenure

Flexible Loan Tenure

Choose from a range of flexible tenure options. Secured Loans start from 12 – 84 months, and unsecured business loans range from 12 to 48 months.
Hassle-free Online Process

Hassle-free Online Process

Apply for your loan and get it approved online in a few simple steps.

Business Loan Interest Rates and Charges in Belagavi

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 RateCustomised interest rates starting from 10%* p.a.
Processing FeesUp to 5%*
Late Payment Fees36%* p.a on the Overdue Amount
Foreclosure ChargesUp 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

Loan tenure
months

Min 12 months

Max 84 months

Loan Summary

loangraph

Loan

Loan Amount

₹ 1,00,000

Interest Payable

₹ 39,450

Monthly EMI

₹ 1,660

Eligibility and Documentation Criteria for Business Loans in Belagavi

Eligibility and Documentation Criteria for Business Loans in Belagavi

  • Individual IconEligible Applicants:
    • Private Limited Companies
    • Public Limited Companies
    • Limited Liability Partnerships (LLPs)
    • Sole Proprietorships
    • Partnership firms
  • Individual IconEligibility Requirements:
    • Professional Profile: Self-employed individuals, business owners, or proprietors must demonstrate a minimum of 3 years of business experience.
    • Age: Applicants should be between 21 years to 65 years old (with loan maturity not exceeding 65 years).
  • Individual IconRequired Documents:
    • Recent photograph
    • Proof of business registration
    • Applicant's PAN card
    • Six-month bank statement
    • Business PAN card

Step-by-Step Application Process for Business Loans in Belagavi

Applying for a Shriram Business Loan in Belagavi is a simple 5-step process:

How To Apply
  • Step 1

    Register using your mobile number
  • Step 2

    Enter loan details
  • Step 3

    Enter business details
  • Step 4

    Receive a verification call from us
  • Step 5

    Get your loan disbursed

Unsecured Business Loans in Belagavi

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.

Our Business Loan Branches in Belagavi

Shriram Finance has branches across Belagavi, making it convenient for customers to apply and manage their loans. Key locations include:

Locate Us

or

  • ANDAMAN AND NICOBAR ISLANDS
  • ANDHRA PRADESH
  • ASSAM
  • BIHAR
  • CHANDIGARH
  • CHHATTISGARH
  • DADRA AND NAGAR HAVELI
  • DELHI
  • GOA
  • GUJARAT
  • HARYANA
  • HIMACHAL PRADESH
  • JAMMU AND KASHMIR
  • JHARKHAND
  • KARNATAKA
  • KERALA
  • Karnataka
  • MADHYA PRADESH
  • MAHARASHTRA
  • MANIPUR
  • MEGHALAYA
  • Madhya Pradesh
  • Maharashtra
  • ODISHA
  • PUDUCHERRY
  • PUNJAB
  • RAJASTHAN
  • SIKKIM
  • TAMIL NADU
  • TELANGANA
  • TRIPURA
  • Tamil Nadu
  • Telangana
  • UTTAR PRADESH
  • UTTARAKHAND
  • WEST BENGAL

Business Loan Customer Care in Belagavi

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.

Business Loan Status in Belagavi

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.

Business Loan FAQs

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.

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.