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Bhilwara's robust textile industry presents numerous opportunities for aspiring entrepreneurs. Shriram Finance is committed to supporting local businesses with accessible and flexible financing options. Starting from Rs.1 lakh* with interest rates as low as 10%* p.a., these loans provide a viable solution for business needs. The application process is designed for quick and easy access to funds, enabling you to capitalise on opportunities without unnecessary delays. Whether you aim to expand your operations, acquire new equipment, or manage working capital, Shriram Finance provides repayment terms of up to 84 months, ensuring that you can choose the option that best fits your financial strategy.
Shriram Finance extends a comprehensive array of secured and unsecured business loans addressing varied commercial requirements in Bhilwaraa. Their dynamic portfolio features:
For entrepreneurs seeking financial aid to expand their business, Shriram Finance presents an ideal solution for hassle-free business loans. Benefits include:
Interest rates for business loans offered by Shriram Finance begin from 10%* p.a. For further details on interest rates and any associated fees or charges, please refer to the information below.
| 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 Bhilwara
Applying for Shriram Business Loan is a 5-step process:
Emerging businesses in Bhilwara can benefit from Shriram Finance’s unsecured business loans, which require no collateral. Starting at Rs.1 lakh*, these loans support business development without needing property or assets as security. The simple online application process makes it easy for qualified businesses to access funds. To be eligible, enterprises must have a minimum of 3 years of operational experience and submit the required documentation. The approval process is faster than that of conventional secured loans, offering competitive interest rates and flexible repayment options. Business owners should note that loan availability is subject to specific local criteria and eligibility requirements.
Business loan services are provided through Shriram Finance’s branch network in Bhilwara, ensuring convenience for customers applying for and managing their loans. Key locations include:
If you have queries about business loans in Bhilwara, you can connect with Shriram Finance’s customer support team through phone or visit a branch for detailed guidance.
Check the progress of your loan application through Shriram Finance's website by inputting your reference number. Their support team remains accessible for quick updates on loan processing stages.
Who is eligible for a business loan in Bhilwara?
The eligibility criteria encompass Partnership firms, Proprietorship firms, Private Limited companies, Public Limited companies, and Limited Liability Partnerships. Applicants should be between 21 years to 65 years of age (not extending beyond 65 years at the time of loan maturity). The loan is accessible to self-employed professionals, business owners, and proprietors with a minimum of 3 years of business experience.
What is the interest rate on a business loan in Bhilwara?
Business loan rates at Shriram Finance start from 10%* p.a. For detailed information about interest rates and applicable fees, please consult the interest rate and charges section provided above.
How much loan can I get for my business in Bhilwara?
Shriram Finance offers business loans with a starting amount of Rs.1 lakh*. The maximum loan amount is determined after evaluating your business needs and eligibility factors.
Can I apply for a business loan in Bhilwara?
Yes, you can submit your business loan application in Bhilwara either through Shriram Finance's online platform or by visiting a local branch.
What is the maximum loan tenure for a business loan in Bhilwara?
Unsecured business loans feature tenure options from 12 to 48 months, while secured business loans offer extended periods from 12 – 84 months.
What is the processing time for a business loan in Bhilwara?
Loan processing typically takes 2- 3 business days, depending on information verification, eligibility confirmation, and complete document submission.
What is the eligibility for a startup business loan in Bhilwara?
Startup business loans through Shriram Finance adhere to the standard business loan eligibility guidelines.
What is the minimum interest rate for a business loan in Bhilwara?
The business loan interest rates begin at 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.