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Business Loan
Meet all your business needs with
Shriram Business Loans

Business Loan in Bhadrak

Bhadrak, a town in Odisha, is brimming with ambitious entrepreneurs and established businesses looking to expand. Whether you're setting up a new venture or scaling up operations, access to the right financial support is paramount. Shriram Finance offers business loans in Bhadrak with competitive interest rates starting from 10%* p.a. and loan amounts beginning at Rs.1 lakh*, designed to fuel your business aspirations. Local businesses in Bhadrak sometimes face unique challenges, from fluctuating market prices to the need for specific investments in technology and infrastructure. Shriram Finance addresses these challenges by providing both secured and unsecured business loan options in Bhadrak. This ensures you can invest in essential equipment, expand your premises to serve more customers, or manage your working capital effectively throughout the year. We provide flexible repayment terms extending up to 84 months and a streamlined documentation process. Our transparent application process makes it easy to track your loan status, ensuring quick disbursement so you can focus on what truly matters: growing your business. Whether you're a small agricultural business, a local manufacturer, or a service provider, Shriram Finance is here to support your ambitions with reliable and accessible financial solutions.

Business Loan Types in Bhadrak

Discover the various business loan types by Shriram Finance that can provide the capital you need for growth and success.

Working Capital Loan
Working Capital Loan
Financing essential operational expenses, such as inventory replenishment, equipment purchases, payroll, taxes, and other short-term costs.
Trade Finance
Trade Finance
Financing your trading activities with options like letters of credit, invoice factoring, and export credit insurance.
Supply Chain Finance
Supply Chain Finance
Supporting businesses and their suppliers in managing payments efficiently through flexible and competitively priced solutions, ensuring smooth operations.
Startup Business Loan
Startup Business Loan
Helping new businesses secure funding to launch or grow, including expenses for equipment, marketing, and product development.
MSME Loan
MSME Loan
A loan specifically for micro, small, and medium enterprises, supporting business growth, working capital management, and equipment investments.
Shop Loan
Shop Loan
Providing financial assistance to small retailers, boutiques, and shop owners for inventory, operational expenses, and business improvements.
Business Loan for Women
Business Loan for Women
Dedicated financial support for women entrepreneurs looking to start, expand, and maintain their businesses.
GST Business Loan
GST Business Loan
A loan designed for businesses reliant on GST returns to manage cash flow and meet tax obligations.
GST Business Loan
Loan Without Financials
A loan ideal for startups and businesses without formal financial statements, providing access to funds with minimal documentation requirements.

Features and Benefits of Business Loans in Bhadrak

Here are the features and benefits you can expect from business loans by Shriram Finance in Bhadrak:

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 Bhadrak

Get a business loan with competitive interest rates from Shriram Finance, starting at 10%* p.a. For more information on interest rates, fees, and other applicable charges, please see below.

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

â‚ı

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

â‚ı 1,00,000

Interest Payable

â‚ı 39,450

Monthly EMI

â‚ı 1,660

Eligibility and Documentation Criteria for Business Loans in Bhadrak

Eligibility and Documentation Criteria for Business Loans in Bhadrak

  • Individual IconWho can apply?
    • Partnership firms
    • Proprietorship firms
    • Pvt ltd companies
    • Public Ltd companies
    • LLPs
  • Individual IconEligibility 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.
  • Individual IconDocuments Required:
    • Bank statement (6 months)
    • Business registration proof
    • Business PAN
    • Applicant PAN
    • Selfie Photograph

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

Applying for Shriram Business Loan is a 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 Bhadrak

Shriram Finance supports business growth by offering unsecured loans starting from Rs.1 lakh* in Bhadrak, eliminating the need for collateral. These loans feature flexible repayment options and a hassle-free online application process. To qualify, businesses must have a minimum of 3 years of operation. With no asset pledging required, the approval process is faster, allowing businesses to access funds with ease. Whether for expansion or managing daily expenses, Shriram Finance provides the necessary financial support without the stress of collateral.

Our Business Loan Branches in Bhadrak

We have extended our business loan services to Bhadrak. Our team can work with you to find out more about our financial solutions for local businesses. Get in touch to find a solution that fits your needs, whether that's managing expenses or taking your business to the next level.

Locate Us

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  • ANDAMAN AND NICOBAR ISLANDS
  • ANDHRA PRADESH
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  • Madhya Pradesh
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  • TRIPURA
  • Tamil Nadu
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  • UTTAR PRADESH
  • UTTARAKHAND
  • WEST BENGAL

Business Loan Customer Care in Bhadrak

Do you need help understanding our business loans in Bhadrak? Shriram Finance's dedicated customer support team can help you. Contact us by phone or visit your nearest branch to speak to someone about your options.

Business Loan Status in Bhadrak

It's easy to check on your business loan status in Bhadrak. Use your reference number on our website to see the latest updates. You can also contact our customer care team for assistance.

Business Loan FAQs

Who is eligible for a business loan in Bhadrak?

In Bhadrak, business loans are available to various entities: partnership firms, proprietorship firms, private and public limited companies, and LLPs. Eligibility criteria include being between 21 years to 65 years old at the time of application and having at least 3 years of business experience.

What is the interest rate on a business loan in Bhadrak?

Shriram Finance offers competitive interest rates, starting from 10%* p.a.

How much loan can I get for my business in Bhadrak?

Loan amounts begin at Rs.1 lakh*, with the maximum limit determined by your business needs and eligibility.

Can I apply for a business loan in Bhadrak?

Yes, apply online or visit a Shriram Finance branch in Bhadrak.

What is the maximum loan tenure for a business loan in Bhadrak?

For unsecured loans, tenure ranges from 12 to 48 months, while secured loans offer flexibility from 12 – 84 months.

What is the processing time for a business loan in Bhadrak?

Loan approvals generally take 2- 3 business days.

What is the eligibility for a startup business loan in Bhadrak?

Startup loan eligibility criteria are similar to those for regular business loans.

What is the minimum interest rate for a business loan in Bhadrak?

Shriram Finance provides business loans at interest 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.