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Bhiwadi's rapidly expanding business sector creates increasing demands for accessible financing solutions. Shriram Finance steps forward with robust business loan offerings that combine convenience with flexibility. Starting from Rs.1 lakh* with competitive interest rates beginning at 10%* p.a., these loans feature streamlined documentation processes and quick approvals. Whether for business expansion, equipment purchase, or working capital requirements, entrepreneurs benefit from flexible repayment terms up to 84 months, minimal collateral requirements, and both secured and unsecured options.
Shriram Finance presents an extensive range of secured and unsecured business loans catering to diverse business requirements in Bhiwadi. Their comprehensive portfolio includes:
For those seeking financial assistance to expand their business, Shriram Finance offers an efficient solution for obtaining a business loan. Here are the key benefits:
Shriram Finance's business loans come with interest rates starting at 10%* p.a. For more details on interest rates and any applicable 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 Bhiwadi
Applying for Shriram Business Loan is a 5-step process:
In Bhiwadi, Shriram Finance provides unsecured business loans tailored for emerging enterprises, eliminating the need for collateral. Starting at Rs.1 lakh*, these loans promote business expansion without requiring any property or assets as security. The user-friendly online application process ensures that qualified businesses can easily access funds. To qualify, businesses must show a minimum of 3 years of operational history and submit the required documentation. The approval timeline is faster than that of traditional secured loans, offering competitive interest rates and flexible repayment terms. Business owners should be aware that loan availability is contingent upon specific location-based criteria and eligibility standards.
Business loan services from Shriram Finance are available through its branch network in Bhiwadi, providing customers with the convenience of applying and managing their loans. Key locations include:
For queries related to business loans in Bhiwadi, you can contact Shriram Finance's customer support team by phone or visit a nearby branch for detailed guidance.
Monitor your application status conveniently on Shriram Finance's digital platform using your assigned reference number. Their customer support representatives stand ready to offer immediate assistance regarding loan processing details.
Who is eligible for a business loan in Bhiwadi?
Various business entities can qualify, including Partnership firms, Proprietorship firms, Private Limited companies, Public Limited companies, and Limited Liability Partnerships (LLPs). Applicants must be between 21 years to 65 years old when the loan matures. The opportunity is open to self-employed professionals, entrepreneurs, and business proprietors with at least 3 years of operational experience.
What is the interest rate on a business loan in Bhiwadi?
Starting at 10%* p.a. Shriram Finance offers competitive business loan rates. For comprehensive information about interest rates and associated charges, please refer to the interest rate and charges section provided above.
How much loan can I get for my business in Bhiwadi?
Shriram Finance provides business loans starting from Rs.1 lakh*. The upper limit is flexible and determined based on your business needs and eligibility criteria.
Can I apply for a business loan in Bhiwadi?
Yes, Shriram Finance accepts business loan applications in Bhiwadi through their digital platform or at local branches.
What is the maximum loan tenure for a business loan in Bhiwadi?
For unsecured business loans, the repayment period spans 12 to 48 months. Secured business loans offer extended tenure options from 12 – 84 months.
What is the processing time for a business loan in Bhiwadi?
The typical processing duration is 2- 3 business days, contingent on information accuracy, meeting eligibility requirements, and complete documentation submission.
What is the eligibility for a startup business loan in Bhiwadi?
Startup ventures seeking business loans through Shriram Finance must meet the standard business loan eligibility criteria.
What is the minimum interest rate for a business loan in Bhiwadi?
The interest rates begin 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.