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Khanna, known as one of India's largest grain markets, plays a vital role in Punjab's trade and commerce. Whether you're a trader, manufacturer, or service provider, having sufficient funds is crucial for business expansion and smooth operations. A Business Loan in Khanna from Shriram Finance can help you meet these financial needs efficiently. At Shriram Finance, we offer business loans with competitive interest rates starting from 10%* p.a., along with flexible repayment tenures. Our hassle-free application process and quick loan approvals ensure that you get timely access to funds. Whether you need capital for inventory, machinery, or working capital, our tailored loan solutions can support your business growth. Take the next step in expanding your enterprise with a Business Loan in Khanna. Keep reading to discover more about our offerings!
Shriram Finance brings a variety of secured and unsecured business loans to Khanna, catering to different financial needs.
For business owners in Khanna looking for financial support, Shriram Finance offers tailored business loans with the following benefits:
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%* |
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 Khanna
Applying for Shriram Business Loan in Khanna is a 5-step process:
Businesses looking for funding without collateral can explore different types of unsecured business loan options from Shriram Finance, starting at Rs.1 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.
With strategically located branches in Khanna, Shriram Finance provides easy and efficient loan services to customers. Key locations include:
Need assistance? Shriram Finance offers dedicated customer service. Call us or visit a nearby branch for personalised help.
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 Khanna, we aim to provide a smooth borrowing experience to support your financial journey.
Who is eligible for a business loan in Khanna?
Partnership firms, proprietorship firms, private limited companies, public limited companies, and LLPs in Khanna 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 Khanna?
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 Khanna?
Business loans from Shriram Finance start at Rs.1 lakh*. The maximum loan amount depends on your business's financial needs and eligibility.
Can I apply for a business loan in Khanna?
Yes, you can apply for a business loan in Khanna. 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 Khanna?
Unsecured business loans have a tenure ranging from 12 to 48 months, whereas secured loans can be availed for 12 â 84 months.
What is the processing time for a business loan in Khanna?
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 startup business loan in Khanna?
The eligibility requirements for a startup business loan in Khanna 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 Khanna?
The minimum interest rate for business loans 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.