stickyTab
Business Loan
Meet all your business needs with
Shriram Business Loans

Business Loan in Bhadravati

Shriram Finance aims to fuel the growth of businesses in Bhadravati by offering tailored loan solutions. They provide funding for various business needs such as expansion, working capital, or equipment purchases, with attractive interest rates starting at 10%* p.a. loan options, including secured and unsecured Business Loan in Bhadravati, start from Rs.1 lakh*, and businesses can benefit from a streamlined application process, quick approvals, and flexible repayment options extending up to 84 months. Understanding the specific needs of the Bhadravati business environment, Shriram Finance strives to be a reliable partner in their financial success.

Business Loan Types in Bhadravati

Shriram Finance has both secured and unsecured business loans. These are explained in detail:

Loan Without Financials
Loan Without Financials
Designed for businesses that have difficulty providing traditional financial documentation, such as startups, small businesses, or businesses with poor credit.
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, along with other short-term operational expenses.
Trade Finance
Trade Finance
Offered to support trading activities and related expenses, which consists of financial products such as letters of credit, invoice factoring, and export credit insurance.
MSME Loan
MSME Loan
Offered to help micro, small, and medium-scale entrepreneurs meet their business expenditures. These loans are used to finance working capital, equipment purchases, and business expansion.
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.
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.
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. It's particularly helpful for startups.
GST Business Loan
GST Business Loan
Offered to business owners based on their GST returns, with the loan amount determined appropriately.
GST Business Loan
Shop Loan
Designed to help small retail businesses, such as shops, boutiques, and convenience stores, finance their operations and growth. These loans cover working capital, inventory purchases, equipment upgrades, and marketing expenses.

Features and Benefits of Business Loans in Bhadravati

If you want to expand your business, choose Shriram Finance business loan. 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 Bhadravati

Interest rates for Shriram Finance business loans start from 10%* p.a. For further details:

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 Bhadravati

Eligibility and Documentation Criteria for Business Loans in Bhadravati

  • 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 Bhadravati

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 Bhadravati

For young and growing businesses with our unsecured business loan that requires no collateral, reach out to Shriram Finance. An unsecured business loan does not require you to pledge your assets to get financing. Get an unsecured business loan starting from Rs.1 lakh* with Shriram Finance. Shriram Finance offers unsecured business loans with flexible repayment tenures and affordable interest rates. These loans are very useful because no collateral is needed, approval process is fast 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.

Our Business Loan Branches in Bhadravati

Drop by any Shriram Finance branch in Bhadravati to find out about our financial services.

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 Bhadravati

For assistance regarding a business loan in Bhadravati, reach out to Shriram Finance today!

Business Loan Status in Bhadravati

To check the status of your personal loan application, visit Shriram Finance website and enter your application reference number. You can also contact our customer care support.

Business Loan FAQs

Who is eligible for a business loan in Bhadravati?

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 Bhadravati?

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 Bhadravati?

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 Bhadravati?

Yes, you can apply for a business loan in Bhadravati. 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 Bhadravati?

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 Bhadravati?

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 Bhadravati?

For a startup business loan in Bhadravati 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 Bhadravati?

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.