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Firozabad is known for its glassware industry and is also a hub of entrepreneurial activity. Shriram Finance is committed to supporting Firozabad's businesses with unsecured loan solutions. Securing funds is crucial for expansion, modernisation, and smooth operations. Our business loans offer competitive rates (starting from 10%* p.a.) and loan amounts tailored to meet specific business requirements, whether for expansion, working capital, equipment purchase, or expense management. Our loans boast minimal paperwork, swift approval, and flexible repayment options. We provide customised loan solutions, including both secured and unsecured business loans. Shriram Finance offers flexible tenures up to 84 months and attractive interest rates from 10%* p.a.*. By simplifying the application process, we ensure businesses can access capital promptly.
Shriram Finance offers several types of business loan in Firozabad, both secured and unsecured. These include:
If you need financial assistance to expand your business in Firozabad, Shriram Finance is an excellent choice for a hassle-free business loan. Benefits include:
Interest rates for Shriram Finance business loans in Firozabad start from 10%* p.a. For detailed information on interest rates and applicable fees/charges, please refer to our website or contact our Firozabad branch representatives.
| 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 Firozabad
Obtaining a Shriram Business Loan in Firozabad involves five straightforward steps:
Shriram Finance offers an ideal solution for young and growing businesses in Firozabad with our unsecured business loan that requires no collateral. With Shriram Finance, you can obtain an unsecured business loan starting from Rs.1 lakh*. We offer unsecured business loans with flexible repayment terms and competitive interest rates. The application process is straightforward and can be completed online. These loans are advantageous as they require no collateral, have a quicker approval process, and offer better credit terms. To be eligible, your business should have been operational for at least 3 years, and you must provide all required documentation. Availability may vary depending on your business location in Firozabad.
Shriram Finance has branches across Firozabad, offering convenient access to loan applications and management. Key locations include:
For any inquiries or assistance regarding a business loan in Firozabad, 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.
Track the progress of your business loan application in Firozabad through our website using your reference number. You can also contact our customer care team for real-time updates.
Who is eligible for a business loan in Firozabad?
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 Firozabad?
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 Firozabad?
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 Firozabad?
Yes, you can apply for a business loan in Firozabad. 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 Firozabad?
You can choose a loan tenure from 12 to 48 months for unsecured business loans and 12 – 84 months for secured business loans.
What is the processing time for a business loan in Firozabad?
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 Firozabad?
For a startup business loan in Firozabad 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 Firozabad?
The minimum interest rate starts from 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.