- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Business Loan in Dhanbad
Dhanbad is the coal capital of India and presents numerous opportunities for businesses related to mining, trade, and services. Shriram Finance is dedicated to empowering businesses in Dhanbad with tailored business loan solutions. Access to capital is essential for expansion, upgrades, and smooth operations. Our business loans come with competitive rates (starting from 10%* p.a.), and loan amounts tailored to meet specific business needs; whether it's for business expansion, working capital, purchasing equipment, or managing expenses. Our loans feature minimal paperwork, quick approval, and flexible repayment. We offer customised loan solutions which includes secured and unsecured business loans. With flexible tenures of 84 months and attractive interest rates starting from 10%* p.a., Shriram Finance understands the Dhanbad business environment. By streamlining the application process, Shriram Finance allows businesses to get capital quickly. Shriram Finance is a trusted partner for Dhanbad's growth, with business loans starting from Rs.1 lakh*.
Business Loan Types in Dhanbad
Shriram Finance has many types of loans with security and without security to help your business. These are some of them:
Features and Benefits of Business Loans in Dhanbad
Shriram Finance aims to provide a straightforward business loan solution in Dhanbad. The advantages of these loans 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 Dhanbad
The cost to borrow money from Shriram Finance starts at 10%* p.a.. If you want to know more about the cost to borrow money and if there are any other costs involved, you can check out our website.
| 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 Dhanbad
Eligibility and Documentation Criteria for Business Loans in Dhanbad
Eligible Applicants:- Sole Proprietorships
- Private Limited Companies
- Public Limited Companies
- Partnership firms
- Limited Liability Partnerships (LLPs)
Eligibility Requirements:- Professional Profile: Self-employed individuals, business owners, or proprietors must demonstrate a minimum of 3 years of business experience.
- Age: Applicants should be between 21 years to 65 years old (with loan maturity not exceeding 65 years).
Required Documents:- Applicant's PAN card
- Recent photograph
- Proof of business registration
- Six-month bank statement
- Business PAN card
Step-by-Step Application Process for Business Loans in Dhanbad
Applying for Shriram Business Loan in Dhanbad is a 5-step process:
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 Dhanbad
Shriram Finance has a great loan for new and growing businesses that doesn't need any security. This means you don't have to promise to give up your things if you can't pay the loan back. With Shriram Finance, you can get this kind of loan starting from Rs.1 lakh*. Shriram Finance offers loans without security that have easy payment plans and good prices for borrowing money. You can ask for this kind of loan online without any trouble. These loans are good because you don't need to give security, they get approved faster, and they have better rules. To get this loan, your business needs to be open for at least 3 years, and you need to give us all the papers we ask for. Whether you get this loan depends on if you meet our requirements. Remember that not all areas have loans without security.
Our Business Loan Branches in Dhanbad
Shriram Finance has many offices all over Dhanbad, so it's easy for people to ask for loans and take care of their current loans. Here are some of the main places you can find us:
Locate Us
Business Loan Customer Care in Dhanbad
If you have any questions or need help with a business loan in Dhanbad, Shriram Finance has people ready to help. You can call us or go to any of our offices to get help in person.
Business Loan Status in Dhanbad
To see how your loan application is going, go to our website and put in the number you got when you applied. You can also call our customer care team to get the latest updates on your loan.
Business Loans in Major Cities
Business Loan FAQs
Who is eligible for a business loan in Dhanbad?
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 Dhanbad?
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 Dhanbad?
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 Dhanbad?
Yes, you can apply for a business loan in Dhanbad. 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 Dhanbad?
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 Dhanbad?
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 Dhanbad?
For a startup business loan in Dhanbad 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 Dhanbad?
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.