- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Business Loan in Delhi
If you're a business owner in Delhi seeking to grow and thrive, access to capital is essential. A Business Loan in Delhi from Shriram Finance can provide the financial boost you need to expand, upgrade, or manage your operations effectively. At Shriram Finance, we understand the unique challenges and opportunities faced by Delhi businesses. We offer a range of tailored loan solutions with competitive interest rates, starting from 10%* p.a., and flexible repayment options designed to suit your specific needs. Whether you require funds for working capital, equipment purchases, or business expansion, we're here to support you. This guide provides a comprehensive overview of business loans in Delhi.
Business Loan Types in Delhi
Shriram Finance offers a diverse selection of secured and unsecured business loans in Delhi. These include:
Features and Benefits of Business Loans in Delhi
If you require financial assistance to expand and develop your business in Delhi, Shriram Finance is an excellent choice for obtaining a straightforward business loan. Key benefits include:
Online EMI Calculator
Loans starting from Rs. 1 lakh*
Secured & Unsecured Loans
Quick Loan & Approvals
Flexible Loan Tenure
Hassle-free Online Process
Business Loan Interest Rates and Charges in Delhi
Interest rates for Shriram Finance business loans in Delhi start from 10%* p.a. Refer to our website or contact our branch representatives in Delhi for comprehensive details on interest rates and applicable fees/charges.
| 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%* |
How to Use the Business Loan EMI Calculator
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
âı 1,00,000
Interest Payable
âı 39,450
Monthly EMI
âı 1,660
Eligibility and Documentation Criteria for Business Loans in Delhi
Eligibility and Documentation Criteria for Business Loans in Delhi
Eligible Applicants:- Partnership firms
- Sole Proprietorships
- Private Limited Companies
- Public Limited Companies
- Limited Liability Partnerships (LLPs)
Eligibility Requirements:- Age: Applicants should be between 21 years to 65 years old (with loan maturity not exceeding 65 years).
- Professional Profile: Self-employed individuals, business owners, or proprietors must demonstrate a minimum of 3 years of business experience.
Required Documents:- Six-month bank statement
- Proof of business registration
- Business PAN card
- Applicant's PAN card
- Recent photograph
Step-by-Step Application Process for Business Loans in Delhi
Obtaining a Shriram Business Loan in Delhi involves five straightforward steps:
Step 1
Register using your mobile numberStep 2
Enter loan detailsStep 3
Enter business detailsStep 4
Receive a verification call from usStep 5
Get your loan disbursed
Unsecured Business Loans in Delhi
Shriram Finance offers an ideal solution for young and growing businesses in Delhi with our unsecured business loan that requires no collateral. An unsecured business loan does not require you to pledge any of your assets to get financing. With Shriram Finance, you can get an unsecured business loan starting from Rs. 1 lakh. Shriram Finance offers unsecured business loans with flexible repayment tenures and affordable interest rates. Applying for an unsecured business loan with Shriram Finance is a hassle-free and easy online process. These loans are beneficial because no collateral is required, the approval process is quicker and easier, and they come with better credit terms.
Our Business Loan Branches in Delhi
Shriram Finance has multiple branches across Delhi, making it convenient for customers to apply and manage their loans. Key locations include:
Locate Us
Business Loan Customer Care in Delhi
For any inquiries or assistance regarding a business loan in Delhi, 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 Delhi
To check the status of your business loan application in Delhi, visit our website and enter your application reference number. You can also contact customer care for real-time updates on your loan processing status.
Business Loans in Major Cities
Business Loan FAQs
Who is eligible for a business loan in Delhi?
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 Delhi?
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 Delhi?
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 Delhi?
Yes, you can apply for a business loan in Delhi. 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 Delhi?
You can choose a loan tenure from 12 to 48 months for unsecured business loans and 12 â 84 months for secured business loans.
What is the processing time for a business loan in Delhi?
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 Delhi?
For a startup business loan in Delhi 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 Delhi?
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.