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Business Loan
Meet all your business needs with
Shriram Business Loans

Business Loan in Chandrapur

As Chandrapur's business sectors continue to evolve, the demand for reliable financial solutions grows stronger. Shriram Finance responds to this need by providing comprehensive business loans that support various commercial objectives. Local entrepreneurs find that quick access to appropriate funding often determines their ability to seize growth opportunities and maintain efficient operations. With business loans available from Rs.1 lakh* and interest rates starting at 10%* p.a., Shriram Finance creates opportunities for business growth. Understanding that each enterprise has its own financial requirements, they offer customised loan amounts suitable for both working capital needs and expansion plans. Business owners benefit from minimal documentation requirements and swift processing times for both secured and unsecured loans. The extended repayment period of up to 84 months ensures comfortable financial planning.

Business Loan Types in Chandrapur

Shriram Finance delivers an extensive range of business loan products to meet the diverse financing needs of Chandrapur's business community. Their comprehensive offerings include:

Supply Chain Finance
Supply Chain Finance
Facilitating smooth business operations in Chandrapur through competitive financing solutions that optimise relationships between buyers and suppliers with flexible payment terms.
Startup Business Loan
Startup Business Loan
Supporting Chandrapur's emerging entrepreneurs with essential funding for equipment purchases, marketing initiatives, and product development, particularly beneficial for businesses without extensive credit records.
Working Capital Loan
Working Capital Loan
Meeting the immediate operational needs of Chandrapur businesses, including inventory management, workforce development, equipment requirements, tax obligations, and salary disbursements.
MSME Loan
MSME Loan
Customised for Chandrapur's micro, small, and medium enterprises, offering versatile funding solutions for various business requirements from daily operations to expansion projects.
Business Loan for Women
Business Loan for Women
Dedicated to nurturing women entrepreneurship in Chandrapur, supporting female-owned businesses across all operational scales and growth stages.
Shop Loan
Shop Loan
Specifically designed for Chandrapur's retail establishments, including local shops, boutiques, and stores, supporting their inventory, operational, equipment, and marketing needs.
GST Business Loan
GST Business Loan
Assisting Chandrapur businesses with loans based on their GST returns, enabling effective management of tax obligations while maintaining operational efficiency.
Trade Finance
Trade Finance
Offering comprehensive financial solutions for Chandrapur's trading sector, including documentary credits, invoice financing, and export insurance coverage.
Loan Without Financials
Catering to Chandrapur businesses that may find traditional documentation challenging, offering streamlined processes while maintaining accessibility.

Features and Benefits of Business Loans in Chandrapur

When seeking to elevate your business through financial assistance, Shriram Finance delivers comprehensive business loan solutions. 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 Chandrapur

For Chandrapur businesses, Shriram Finance offers competitive loan interest rates starting at 10%* p.a.. Detailed information regarding interest rates and associated fees/charges can be found in the section below.

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

â‚ı

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

â‚ı 1,00,000

Interest Payable

â‚ı 39,450

Monthly EMI

â‚ı 1,660

Eligibility and Documentation Criteria for Business Loans in Chandrapur

Eligibility and Documentation Criteria for Business Loans in Chandrapur

  • 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 Chandrapur

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 Chandrapur

Shriram Finance delivers unsecured business financing solutions to Chandrapur's developing enterprises, with loan amounts beginning at Rs. 1 lakh*. This funding option supports business advancement without requiring collateral in the form of assets or property. Eligible businesses can access funds through an efficient online application system designed for convenience. Qualification requires businesses to demonstrate three or more years of operational history and submit specified documentation. The streamlined approval process moves faster than traditional secured lending, offering competitive rates and customisable repayment plans. Business owners in Chandrapur should consider that loan availability is subject to location-based criteria and specific eligibility conditions.

Our Business Loan Branches in Chandrapur

Shriram Finance extends business loan services through its comprehensive branch network across Chandrapur, ensuring convenience for customers seeking to apply for and oversee their loans. Key branches 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 Chandrapur

Chandrapur entrepreneurs with business loan questions can contact Shriram Finance's responsive customer support team through phone assistance or by visiting a local branch for comprehensive guidance.

Business Loan Status in Chandrapur

You can check your loan application status easily on the Shriram Finance website by using your application reference number. The customer service team stays ready to provide prompt updates regarding loan processing. Shriram Finance maintains a smooth borrowing process designed to serve the unique business needs of Chandrapur entrepreneurs.

Business Loan FAQs

Who is eligible for a business loan in Chandrapur?

Business loan eligibility in Chandrapur extends to various business structures including Partnership firms, Proprietorship firms, Private Limited companies, Public Limited companies, and LLPs. Applicants must be between 21 years to 65 years old at the time of application (not exceeding 65 years when the loan matures). The program welcomes self-employed individuals, enterprise owners, and proprietors with a minimum business track record of 3 years.

What is the interest rate on a business loan in Chandrapur?

Shriram Finance provides business loans with interest rates beginning at 10%* p.a.*. Comprehensive details regarding interest rates and associated charges are outlined in the interest rate and charges section provided above.

How much loan can I get for my business in Chandrapur?

Business financing through Shriram Finance begins at Rs.1 lakh*. The maximum loan amount is tailored to your business requirements and determined through an eligibility assessment.

Can I apply for a business loan in Chandrapur?

You have two convenient options to apply for a business loan in Chandrapur with Shriram Finance - through their digital platform or by visiting a local branch office.

What is the maximum loan tenure for a business loan in Chandrapur?

Unsecured business loans come with tenure options of 12 to 48 months, while secured business loans offer extended repayment periods from 12 – 84 months.

What is the processing time for a business loan in Chandrapur?

Loan processing typically takes 2- 3 business days, provided all eligibility criteria are met, information is verified, and required documentation is complete.

What is the eligibility for a startup business loan in Chandrapur?

For startup business loans in Chandrapur, Shriram Finance applies their standard business loan eligibility requirements.

What is the minimum interest rate for a business loan in Chandrapur?

Interest rates start 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.