- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Business Loan in Imphal East
Imphal East is a centre for trade, handicrafts, and emerging businesses, making financial support crucial for local entrepreneurs. A Business Loan in Imphal East from Shriram Finance can help business owners expand operations, invest in equipment, or manage day-to-day expenses effectively. With customisable loan options, competitive interest rates, and a seamless application process, securing funds has never been easier. Whether you run a small business or a large enterprise, Shriram Finance ensures that you get the right financial support tailored to your needs. Looking for the right funding solution? Continue reading to explore how a Business Loan in Imphal East can help your business grow.
Business Loan Types in Imphal East
Shriram Finance brings a variety of secured and unsecured business loans to Imphal East, catering to different financial needs.
Features and Benefits of Business Loans in Imphal East
For business owners in Imphal East looking for financial support, Shriram Finance offers tailored business loans with the following benefits:
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 Imphal East
Find a detailed breakdown of interest rates, charges, and fees from Shriram Finance in the table 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%* |
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
₹ 1,00,000
Interest Payable
₹ 39,450
Monthly EMI
₹ 1,660
Eligibility and Documentation Criteria for Business Loans in Imphal East
Eligibility and Documentation Criteria for Business Loans in Imphal East
Who can apply?- Proprietorship firms
- Pvt ltd companies
- Partnership firms
- Public Ltd companies
- LLPs
Eligibility 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.
Documents Required:- Bank statement (6 months)
- Business registration proof
- Business PAN
- Applicant PAN
- Selfie Photograph
Step-by-Step Application Process for Business Loans in Imphal East
Applying for Shriram Business Loan in Imphal East 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 Imphal East
Businesses looking for funding without collateral can explore different types of unsecured business loan options from Shriram Finance, starting at Rs1 lakh*. With flexible repayment plans and quick online approvals, these loans are accessible to businesses operational for at least 3 years with the required documents. Loan availability varies by location.
Our Business Loan Branches in Imphal East
With multiple branches across Imphal East, Shriram Finance provides easy and efficient loan services to customers. Key locations include:
Locate Us
Business Loan Customer Care in Imphal East
Need assistance? Shriram Finance offers dedicated customer service. Call us or visit a nearby branch for personalised help.
Business Loan Status in Imphal East
Keeping track of your loan application is quick and convenient. Head to our website, enter your reference number, and check your status in just a few clicks. At Shriram Finance in Imphal East, we aim to provide a smooth borrowing experience to support your financial journey.
Business Loans in Major Cities
Business Loan FAQs
Who is eligible for a business loan in Imphal East?
Partnership firms, proprietorship firms, private limited companies, public limited companies, and LLPs in Imphal East can apply for a business loan. Applicants must be between 21 years to 65 years old, ensuring the loan tenure does not exceed this age limit. Additionally, self-employed individuals and business owners with at least 3 years of experience are eligible.
What is the interest rate on a business loan in Imphal East?
Shriram Finance offers business loans with interest rates starting from 10%* p.a. For more details, please refer to the interest rate and charges section above.
How much loan can I get for my business in Imphal East?
Business loans from Shriram Finance start at Rs1 lakh*. The maximum loan amount depends on your business’s financial needs and eligibility.
Can I apply for a business loan in Imphal East?
Yes, you can apply for a business loan in Imphal East. The application process is simple and can be completed online or by visiting the nearest Shriram Finance branch.
What is the maximum loan tenure for a business loan in Imphal East?
Unsecured business loans have a tenure ranging from 12 to 48 months, whereas secured loans can be availed for 12 – 84 months.
What is the processing time for a business loan in Imphal East?
Loan processing time depends on the accuracy of the submitted information, meeting eligibility criteria, and providing all necessary documents.
What is the eligibility for a start-up business loan in Imphal East?
The eligibility requirements for a start-up business loan in Imphal East are generally the same as those for a standard business loan with Shriram Finance.
What is the minimum interest rate for a business loan in Imphal East?
The minimum interest rate for business loans 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.