- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Business Loan in Imphal West
Imphal West is a key commercial centre, home to an active market and diverse business ventures. Whether you run a retail shop, a manufacturing unit, or a service-based business, securing the right funding is essential for growth. A Business Loan in Imphal West from Shriram Finance can help you expand, upgrade equipment, or manage operational expenses with ease. Our loan options cater to different business needs, ensuring that you receive the financial support required to scale your operations. With a straightforward application process and quick access to funds, we make business financing seamless. Find out how a Business Loan in Imphal West can benefit your enterprise. Read on for more details.
Business Loan Types in Imphal West
Shriram Finance offers a range of secured and unsecured business loans in Imphal West to help businesses grow.
Features and Benefits of Business Loans in Imphal West
Expanding your business in Imphal West? Shriram Finance provides financial support with flexible business loans tailored to your needs.
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 West
The table below provides detailed information on the interest rates and charges associated with Shriram Finance.
| 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 West
Eligibility and Documentation Criteria for Business Loans in Imphal West
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
- Upload your selfie photograph
Step-by-Step Application Process for Business Loans in Imphal West
Applying for Shriram Business Loan in Imphal West 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 West
For businesses seeking financial support without pledging collateral, Shriram Finance offers different types of unsecured business loans, starting at Rs1 lakh*. These loans come with easy repayment plans and a seamless online approval process. Eligible businesses operating for 3 years with the required documents can apply. Available loan types vary by location.
Our Business Loan Branches in Imphal West
Shriram Finance branches in Imphal West are strategically located, making loan application and management hassle-free for customers. Key locations include:
Locate Us
Business Loan Customer Care in Imphal West
Shriram Finance offers dedicated customer care services. Reach out via phone or visit any branch for personalised support.
Business Loan Status in Imphal West
Checking your personal loan application status is easy. Just go to our website and enter your reference number to get real-time updates. Shriram Finance in Imphal West ensures a smooth and transparent borrowing experience, helping you meet your financial needs effortlessly.
Business Loans in Major Cities
Business Loan FAQs
Who is eligible for a business loan in Imphal West?
In Imphal West, partnership firms, proprietorship firms, private limited companies, public limited companies and LLPs can apply for a business loan. Applicants must be aged between 21 years to 65 years of experience are eligible.
What is the interest rate on a business loan in Imphal West?
Shriram Finance offers business loans with interest rates starting from 10%* p.a. For detailed information, please refer to the interest rate and charges section above.
How much loan can I get for my business in Imphal West?
The minimum loan amount provided by Shriram Finance is Rs1 lakh*. The maximum amount is determined based on your business needs and eligibility.
Can I apply for a business loan in Imphal West?
Yes, you can apply for a business loan in Imphal West. Shriram Finance offers a simple application process, available both online and at local branches.
What is the maximum loan tenure for a business loan in Imphal West?
Unsecured business loans have a tenure ranging from 12 to 48 months, while secured loans offer a tenure between 12 – 84 months.
What is the processing time for a business loan in Imphal West?
The processing time depends on the accuracy of the information provided, adherence to eligibility criteria and submission of all required documents.
What is the eligibility for a startup business loan in Imphal West?
The eligibility requirements for a startup business loan in Imphal West 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 West?
The minimum interest rate begins at 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.