- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Business Loan in Kota
The thriving business community in Kota demands reliable financial solutions for growth and innovation. Shriram Finance empowers local entrepreneurs with comprehensive business loan solutions designed for seamless access to capital. With business loans starting from Rs.1 lakh* and competitive interest rates beginning at 10%* p.a., Shriram Finance ensures quick fund disbursement with minimal documentation requirements. Featuring both secured and unsecured options, flexible repayment terms up to 84 months, minimal collateral requirements, and swift processing, these loans cater to diverse business needs - from expansion plans to working capital management.
Business Loan Types in Kota
At Shriram Finance, entrepreneurs in Kota can access a comprehensive selection of secured and unsecured business loans crafted to address various commercial needs. Their extensive portfolio encompasses:
Features and Benefits of Business Loans in Kota
If you'sre looking for financial support to grow your business, Shriram Finance is a great option for a seamless business loan experience. Here are the 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 Kota
Interest rates for business loans from Shriram Finance begin at 10%* p.a. For detailed information on interest rates and applicable fees or charges, please refer to the details 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 Kota
Eligibility and Documentation Criteria for Business Loans in Kota
Who can apply?- Partnership firms
- Proprietorship firms
- Pvt ltd companies
- 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 Kota
Applying for Shriram Business Loan 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 Kota
For emerging businesses in Kota, Shriram Finance offers unsecured business loans that do not require any asset collateral. With amounts starting at Rs.1 lakh*, these loans facilitate growth without needing property or other assets as security. The online application process is straightforward, providing qualified businesses with convenient access to funds.To be eligible, enterprises must have been operational for at least 3 years and need to provide the necessary documentation. Compared to traditional secured loans, the approval process is quicker, featuring competitive interest rates and flexible repayment options. It's important for business owners to remember that loan availability is subject to specific location criteria and eligibility requirements.
Our Business Loan Branches in Kota
Shriram Finance offers business loan services through its branch network in Kota, ensuring that customers can easily apply for and manage their loans. Key locations include:
Locate Us
Business Loan Customer Care in Kota
For any business loan inquiries in Kota, you can reach out to Shriram Finance's customer support team via phone or visit a branch for comprehensive assistance.
Business Loan Status in Kota
Track your loan application progress easily through the official Shriram Finance website by entering your unique reference number. The dedicated support team is ready to provide prompt updates about your loan processing status.
Business Loans in Major Cities
Business Loan FAQs
Who is eligible for a business loan in Kota?
Eligible entities encompass Partnership firms, Proprietorship firms, Pvt Ltd companies, Public Ltd companies, and LLPs. Applicants' age should range between 21 years to 65 years (not exceeding 65 years at loan maturity). Self-employed individuals, business owners, and proprietors with minimum 3 years of business experience qualify.
What is the interest rate on a business loan in Kota?
Shriram Business Loan rates begin at 10%* p.a. Full details regarding interest rates and applicable fees/charges are available in the interest rate and charges section above.
How much loan can I get for my business in Kota?
Business loans from Shriram Finance start at Rs.1 lakh*. The maximum amount depends on business requirements and eligibility assessment.
Can I apply for a business loan in Kota?
Business loan applications in Kota are accepted through online channels or branch visits at Shriram Finance.
What is the maximum loan tenure for a business loan in Kota?
Loan tenure ranges 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 Kota?
Loan approval takes approximately 2- 3 business days, subject to information credibility, eligibility criteria fulfilment, and document submission.
What is the eligibility for a startup business loan in Kota?
Startup business loan eligibility through Shriram Finance follows standard business loan criteria.
What is the minimum interest rate for a business loan in Kota?
Interest rates commence 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.