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Datia, a city with a rich heritage and growing commercial landscape, offers great potential for businesses. Whether you need funds for expansion, inventory management, or day-to-day operations, business loans in Datia from Shriram Finance provide the right financial assistance. Our range of business loan types, including secured and unsecured options, caters to different business needs. With interest rates starting from 10%* p.a. and flexible repayment tenures of up to 84 months, you can find a financing solution that works for you. Our straightforward application process ensures quick access to funds with minimal documentation. Stay informed about your loan status and track repayments effortlessly with our efficient services. Shriram Finance is committed to helping businesses in Datia grow with tailored loan solutions.
At Shriram Finance, we recognise the financial challenges businesses face. Our secured and unsecured business loans provide the right financial backing for your business goals.
Growing a business requires the right financial support. Shriram Finance makes business loans accessible and hassle-free.
Shriram Finance offers interest rates starting from 10%* p.a. for business loans in Datia. You can find all the specifics on interest rates and related fees detailed 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 Datia
Applying for Shriram Business Loan is a 5-step process:
Looking for financing for your growing business? Shriram Finance makes it easier with our unsecured business loans. No collateral is needed, so you don'st have to risk your assets. You can start with a loan of Rs.1 lakh*, and the best part is, it's a quick and hassle-free process! Repayment options are flexible, and the interest rates are affordable. All we need is for your business to have been running for at least 3 years and the required documents. Just keep in mind that the loan's availability may vary depending on where your business is located.
In Datia, our business loan branches provide accessible financing solutions to help businesses grow. Whether you need funds for expansion or operational expenses, our team is here to assist. Stop by to explore loan options designed for your business.
For any questions regarding business loans in Datia, Shriram Finance offers reliable customer support. Contact us over the phone or drop by a branch for personalised financial assistance.
You can easily check the status of your personal loan application by entering your reference number on our website. Our customer care team is also available to provide updates on your loan's progress. Shriram Finance aims to make borrowing straightforward and aligned with your financial objectives in Datia.
Who is eligible for a business loan in Datia?
If you own a business, you may be eligible for a loan! Shriram Finance offers business loans to Partnership firms, Proprietorship firms, Pvt Ltd companies, Public Ltd companies, and LLPs. Applicants should be between 21 years to 65 years old, and business owners with at least 3 years of experience can apply.
What is the interest rate on a business loan in Datia?
Interest rates start from 10%* p.a. Check the charges section for more details.
How much loan can I get for my business in Datia?
Business loans start at Rs.1 lakh*, with the maximum amount determined based on your business profile and needs.
Can I apply for a business loan in Datia?
Yes, applying is simple! Apply online or visit a nearby Shriram Finance branch.
What is the maximum loan tenure for a business loan in Datia?
You can opt for unsecured loans with tenures of 12 to 48 months or secured loans with tenures ranging from 12 – 84 months.
What is the processing time for a business loan in Datia?
Typically, approval takes around 2- 3 business days, depending on eligibility and document verification.
What is the eligibility for a startup business loan in Datia?
The eligibility criteria for a startup loan are generally the same as for a regular business loan.
What is the minimum interest rate for a business loan in Datia?
The minimum interest rate is 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.