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Buxar, with its growing trade and services sector, presents excellent opportunities for businesses to expand. However, sustaining and growing a business requires timely financial support. Business loans in Buxar from Shriram Finance are a dependable solution for entrepreneurs looking for easy access to funds. Our loans start from Rs.1 lakh* at competitive interest rates from 10%* p.a.. We offer both secured and unsecured loan options, giving you the freedom to choose the best one based on your needs. The application process is hassle-free with minimal paperwork, and quick approvals ensure you can access funds when you need them. Flexible repayment options help you plan repayments as per your business's financial capacity. Whether you want to purchase equipment, manage daily expenses, or expand operations, our loans offer the financial support you need. With Shriram Finance as your partner, you can grow your business and contribute to Buxar's developing economy.
Here are the different business loan types in Buxar that you can explore based on your business needs:
Learn about the features and benefits of business loans from Shriram Finance:
The following table details interest rates and fees related to Shriram Finance's business loans in Buxar. Reviewing these details is essential when selecting financing options.
| 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 Buxar
Applying for Shriram Business Loan is a 5-step process:
For young and growing businesses, Shriram Finance's unsecured business loans offer easy funding options without the need for collateral. You can secure funds starting from Rs.1 lakh* without pledging any assets. The loans feature competitive interest rates and flexible repayment schedules. The online business loan application process is quick and ensures faster approvals with suitable credit terms. Businesses must be operational for at least 3 years and provide the required documents to qualify.
Shriram Finance in Buxar has been providing businesses with reliable financial assistance. Whether you are expanding or managing operations, we are here to support you.
For business loan assistance in Buxar, Shriram Finance is ready to help. Contact our customer care or visit the branch for tailored support.
You can check the status of your loan application in Buxar at any time. Enter the reference number on our website for real-time updates.
Who is eligible for a business loan in Buxar?
Sole proprietors, LLPs, partnership firms, and private or public limited companies in Buxar can apply. Applicants should be 21 years to 65 years old with a minimum of 3 years of business experience.
What is the interest rate on a business loan in Buxar?
Business loans in Buxar start at competitive interest rates from 10%* p.a. Please refer to the section above for additional charges.
How much loan can I get for my business in Buxar?
Loan amounts begin at Rs.1 lakh*, with the maximum amount depending on eligibility and business needs.
Can I apply for a business loan in Buxar?
Yes, applications can be made online or by visiting the Shriram Finance branch in Buxar.
What is the maximum loan tenure for a business loan in Buxar?
Secured loans have repayment tenures of 12 – 84 months, while unsecured loans are available for 12 to 48 months.
What is the processing time for a business loan in Buxar?
Loan processing generally takes 2- 3 business days, depending on business loan eligibility and documentation.
What is the eligibility for a startup business loan in Buxar?
Startup loan eligibility in Buxar follows the same rules as standard business loans.
What is the minimum interest rate for a business loan in Buxar?
Shriram Finance offers competitive interest rates on business loans in Buxar, starting 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.