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Business Loan
Meet all your business needs with
Shriram Business Loans

Business Loan in Danapur

Danapur, with its strategic location near Patna and growing urban infrastructure, is fast becoming a hub for new businesses and trade. The city's proximity to key transportation routes makes it ideal for enterprises looking to expand logistics, retail, and service operations. However, scaling up or starting a business in such a competitive environment requires timely financial backing. Business loans in Danapur from Shriram Finance are designed to meet these needs. We provide the right support for both established business owners and aspiring entrepreneurs. Our loans come with competitive interest rates starting from 10%* p.a., making them accessible to businesses of all sizes. We offer flexible repayment options, allowing you to choose a plan that fits your business goals. At Shriram Finance, we provide both secured and unsecured business loans, ensuring you have the freedom to select what works best for you. With loans starting from Rs.1 lakh* and minimal documentation requirements, our application process is designed for quick approvals. Take advantage of our business loans services to grow your enterprise, manage operational costs, or invest in new opportunities. Let Shriram Finance be your trusted partner in building a successful business that contributes to Danapur's economic growth.

Business Loan Types in Danapur

Danapur businesses can access a variety of loan options tailored to their specific needs. Explore the different types below:

Working Capital Loan
Working Capital Loan
Manage everyday expenses like rent, salaries, and utility bills to keep your business running smoothly.
GST Business Loan
GST Business Loan
Use your GST returns to secure funding for expansion or to meet urgent cash flow needs.
Business Loan for Women
Business Loan for Women
Designed to support women entrepreneurs with funds for launching or growing businesses.
Loan Without Financials
Loan Without Financials
No detailed financial statements? You can still get funding based on your business potential.
Trade Finance
Trade Finance
Ensure seamless local and international trade transactions with access to timely financing.
Startup Business Loan
Startup Business Loan
Get essential capital for starting a new business, covering initial costs like marketing and infrastructure.
MSME Loan
MSME Loan
Boost your small or medium enterprise with funds for expansion, machinery, or working capital.
Supply Chain Finance
Supply Chain Finance
Keep your supply chain moving with financing options that cover procurement and distribution costs.
Shop Loan
Shop Loan
Planning to open or expand a shop? This loan helps with renovation, inventory, and other retail expenses.

Features and Benefits of Business Loans in Danapur

Discover the key features and benefits that make our business loans the ideal choice:

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 Danapur

The table below outlines the interest rates and associated charges for business loans from Shriram Finance in Danapur. Reviewing these details is essential for businesses planning financial growth.

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 Danapur

Eligibility and Documentation Criteria for Business Loans in Danapur

  • 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 Danapur

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 Danapur

If you own a new or expanding business, Shriram Finance provides unsecured business loans with no collateral required. You can access funding starting from Rs.1 lakh* without pledging any assets. These loans come with competitive interest rates and flexible repayment options. The online business loan application process is straightforward and allows quicker approvals with favourable credit terms. To be eligible, your business should have been operational for at least 3 years with complete documentation.

Our Business Loan Branches in Danapur

At our Danapur branch, we have been supporting local businesses with financial solutions. Whether you need funds for expansion or day-to-day expenses, we are here to assist.

Locate Us

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Business Loan Customer Care in Danapur

Shriram Finance is ready to help with all your business loan requirements in Danapur. Contact our customer service team by phone or visit the branch for personalised guidance.

Business Loan Status in Danapur

Tracking your business loan status in Danapur is simple. Enter your reference number on our website for real-time updates. Our team is available for further support.

Business Loan FAQs

Who is eligible for a business loan in Danapur?

Sole proprietors, LLPs, partnership firms, and private or public limited companies in Danapur can apply. Applicants must be between 21 years to 65 years old and have at least 3 years of business experience.

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

Business loans in Danapur start at competitive interest rates from 10%* p.a.

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

Loans start from Rs.1 lakh*, with the maximum amount based on your eligibility and business needs.

Can I apply for a business loan in Danapur?

Yes, applications can be made online or by visiting the Shriram Finance branch in Danapur.

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

Secured loans have tenures of 12 – 84 months, while unsecured loans range from 12 to 48 months.

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

Loan processing typically takes 2- 3 business days, depending on documentation and eligibility.

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

The eligibility criteria for startup loans are the same as for standard business loans in Danapur.

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

Interest rates for business loans in Danapur 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.