- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Business Loan in Jamnagar
Jamnagar is known as the "Oil City" of India and a key industrial hub in Gujarat that offers diverse opportunities for businesses in petroleum, manufacturing, and brass parts. Shriram Finance aims to support Jamnagar's entrepreneurs with tailored business loan solutions. Securing adequate funding is essential for business expansion, necessary upgrades, and smooth day-to-day operations. Our business loans come with competitive interest rates (starting at 10%* p.a.) and flexible loan amounts to meet a variety of specific business needs, whether it's for expansion, working capital, equipment purchases, or managing operational expenses. Our loans feature minimal paperwork, quick approval processes, and flexible repayment options. We offer customised loan solutions, including both secured and unsecured business loans. With flexible tenures of up to 84 months and attractive interest rates starting from 10%* p.a., Shriram Finance understands the Jamnagar business environment and its unique challenges. By streamlining the application process, Shriram Finance ensures that businesses can gain access to the capital they need in a timely manner. Shriram Finance is a reliable partner for supporting business growth in Jamnagar, with business loans starting from Rs1 lakh*.
Business Loan Types in Jamnagar
Shriram Finance provides a wide range of secured and unsecured business loan options to support different financial requirements for businesses in Jamnagar. These include:
Features and Benefits of Business Loans in Jamnagar
If you need financial help to expand your business, Shriram Finance is a strong choice for getting a hassle-free business loan in Jamnagar. 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 Jamnagar
Interest rates for Shriram Finance unsecured business loan solutions in Jamnagar initiate at 12%*p.a Please consult the detailed information for exact figures on interest and any applicable charges. Secured business loan interest rates start from 10%* p.a.
| 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 Jamnagar
Eligibility and Documentation Criteria for Business Loans in Jamnagar
Who can apply? - Pvt Ltd companies
- Partnership firms
- Proprietorship firms
- Public Ltd companies
- LLPs
Eligibility Criteria:- Occupation: Self-employed individuals, business owners, or proprietors with a minimum of 3 years of business experience.
- Age: 21 years to 65 years (Age at loan maturity should not exceed 65 years)
Documents Required:- Business registration proof
- Applicant PAN
- Selfie Photograph
- Bank statement (6 months)
- Business PAN
Step-by-Step Application Process for Business Loans in Jamnagar
Apply Online for a Business Loan in 5 streamlined simple 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 Jamnagar
Shriram Finance delivers the financial assistance growing businesses need through its unsecured business loan, eliminating the requirement for collateral. With an unsecured business loan, pledging assets for financing is not required. Shriram Finance can provide unsecured business loans to help with a variety of business-related expenses. Competitive interest rates and flexible repayment schedules are key features of Shriram Finance's unsecured business loans. The online application process for Shriram Finance's unsecured business loans is designed to be straightforward. These loans are beneficial because they do not require collateral, offer a quicker and easier approval process, and provide better credit terms. To be considered for an unsecured business loan from Shriram Finance, businesses must meet specific eligibility requirements, including being operational for a minimum period and providing all necessary documentation. Please note that unsecured business loan availability may differ depending on the location of the business.
Our Business Loan Branches in Jamnagar
Thanks to its Business Loan Branches in Jamnagar, Shriram Finance facilitates easy access for all customers looking to apply and manage their loans:
Locate Us
Business Loan Customer Care in Jamnagar
For all questions, or if you require assistance regarding a business loan in Jamnagar, the Shriram Finance customer care team is ready to help. Contact us via phone, or visit one of our branches to receive personalised support.
Business Loan Status in Jamnagar
Track the progress of your business loan application in Jamnagar through our website using your reference number. You can also contact our customer care team for real-time updates.
Business Loans in Major Cities
Business Loan FAQs
Who is eligible for a business loan in Jamnagar?
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 Jamnagar?
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 Jamnagar?
Shriram Finance provides business loans starting from Rs1 lakh*. The maximum loan amount depends on your business's needs and eligibility
Can I apply for a business loan in Jamnagar?
Yes, you can apply for a business loan in Jamnagar. 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 Jamnagar?
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 Jamnagar?
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 Jamnagar?
For a startup business loan in Jamnagar 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 Jamnagar?
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.