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Business Loan
Meet all your business needs with
Shriram Business Loans

Business Loan in Bhiwandi

Bhiwandi is a major logistics and warehousing hub near Mumbai which presents numerous opportunities for businesses. Shriram Finance is dedicated to empowering businesses in Bhiwandi with tailored business loan solutions. Access to capital is essential for expansion, upgrades and ensuring 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. Our loans feature minimal paperwork, quick approval and flexible repayment. We offer customised loan solutions which includes secured and unsecured business loans. With flexible tenures of up to 84 months and attractive interest rates starting from 10%* p.a., Shriram Finance understands the Bhiwandi business environment. By streamlining the application process, Shriram Finance allows businesses to get capital quickly.

Business Loan Types in Bhiwandi

Shriram Finance offers several types of business loan in Bhiwandi, both secured and unsecured. These include:

Supply Chain Finance
Supply Chain Finance
This financial product offers alternative payment solutions to buyers and suppliers, promoting efficient operations with attractive financing terms.
Trade Finance
Trade Finance
This type of financing facilitates trading operations and their related costs, offering products such as letters of credit, invoice discounting, and export insurance.
MSME Loan
MSME Loan
These loans are for micro, small, and medium-scale businesses and can be used for capital, equipment, and growth.
Working Capital Loan
Working Capital Loan
This loan helps businesses cover immediate, short-term costs for running their business, such as inventory, staffing, and utilities.
GST Business Loan
GST Business Loan
It helps business owners manage their GST payments, and the loan amount is based on GST returns.
Business Loan for Women
Business Loan for Women
It gives women-owned business owners the opportunity to start their business, no matter the size or stage.
Shop Loan
Shop Loan
Intended for retail businesses, shop loans finance their operations and growth, covering expenses like working capital, inventory, and upgrades.
Startup Business Loan
Startup Business Loan
Aimed at helping new businesses get off the ground, this loan can cover startup expenses and is useful for startups that may not have a credit history, with loan amounts, tenure, and interest rates determined based on the borrower's credit and turnover.
Loan Without Financials
Intended for businesses that struggle to provide documentation, these loans don't require statements.

Features and Benefits of Business Loans in Bhiwandi

To fuel your business growth in Bhiwandi, consider Shriram Finance's convenient business loan options.

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 Bhiwandi

At Shriram Finance, interest rates for business loans in Bhiwandi start at 10%* p.a. Please check our website or speak with our Bhiwandi branch staff for complete details on interest rates and any associated fees.

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 Bhiwandi

Eligibility and Documentation Criteria for Business Loans in Bhiwandi

  • Individual IconEligible Applicants:
    • Sole Proprietorships
    • Partnership firms
    • Limited Liability Partnerships (LLPs)
    • Private Limited Companies
    • Public Limited Companies
  • 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:
    • Applicant's PAN card
    • Six-month bank statement
    • Business PAN card
    • Recent photograph
    • Proof of business registration

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

Obtaining a Shriram Business Loan in Bhiwandi involves five straightforward steps:

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 Bhiwandi

Growing your business in Bhiwandi? Shriram Finance offers unsecured loans from Rs. 1 lakh * that don't need collateral. Forget about pledging assets; with us, you can access funds quickly and easily. Benefit from flexible repayment options, competitive interest rates and a streamlined online application. Unsecured loans mean quicker approvals, no collateral requirements and better credit terms. You're eligible if your business has been operating for a minimum of 3 years and you can provide the necessary documents. Meeting the eligibility criteria is necessary for loan approval.

Our Business Loan Branches in Bhiwandi

Shriram Finance has multiple branches across Bhiwandi, offering convenient access to loan applications and management. 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 Bhiwandi

For any inquiries or assistance regarding a business loan in Bhiwandi, Shriram Finance provides 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 Bhiwandi

Track the progress of your business loan application in Bhiwandi through our website using your reference number. You can also contact our customer care team for real-time updates.

Business Loan FAQs

Who is eligible for a business loan in Bhiwandi?

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 Bhiwandi?

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 Bhiwandi?

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 Bhiwandi?

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

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 Bhiwandi?

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 Bhiwandi?

For a startup business loan in Bhiwandi 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 Bhiwandi?

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.