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Nagda is an industrial and trading hub. It offers vast opportunities for business growth. Whether you run a manufacturing unit, a retail shop, or a service-based business, business loans in Nagda from Shriram Finance help you secure the funds needed for expansion and smooth operations. Our competitive interest rates, starting from 10%* p.a., and flexible loan tenures of up to 84 months ensure accessible and convenient financing. We offer different business loan types including secured and unsecured options, catering to different financial requirements. With an easy application process and quick approvals, getting a loan has never been simpler. Monitor your business loan status and manage repayments effortlessly through our user-friendly services. Shriram Finance is dedicated to supporting businesses in Nagda with customised financial solutions designed for growth.
Shriram Finance offers a variety of secured and unsecured business loans to meet the financial needs of entrepreneurs across different industries.
Shriram Finance offers business loans that cater to diverse financial needs, ensuring seamless access to capital for business expansion.
Shriram Finance offers business loans in Nagda with interest rates starting at 10%* p.a. Please consult the following information for comprehensive details on interest rates and any applicable charges.
| 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
₹ 1,00,000
Interest Payable
₹ 39,450
Monthly EMI
₹ 1,660
Eligibility and Documentation Criteria for Business Loans in Nagda
Applying for Shriram Business Loan is a 5-step process:
Shriram Finance provides an excellent option for young and expanding businesses with its unsecured business loan, requiring no collateral. With loan amounts starting from Rs.1 lakh*, these loans offer flexible repayment terms and affordable interest rates. The process is simple and entirely online, with quick approval times. To be eligible, your business must have been in operation for at least 3 years, and you must submit the required documentation. One of the key benefits of an unsecured loan is the absence of collateral, ensuring your assets are not at risk. The loan also comes with better credit terms and quicker processing. However, please note that the availability of unsecured business loans may vary depending on the location of your business.
Our business loan branches in Nagda cater to businesses looking for financial support. Whether it's for business expansion or managing day-to-day expenses, we offer tailored loan solutions. Visit us to find the right financing option for your needs.
Shriram Finance ensures hassle-free assistance for business loans in Nagda. Whether you need guidance over the phone or prefer visiting a branch, our team is here to help with your loan queries.
You can easily check the status of your personal loan application by entering your reference number on our website. Our customer care team is also available to provide updates on your loan's progress. Shriram Finance aims to make borrowing straightforward and aligned with your financial objectives in Nagda.
Who is eligible for a business loan in Nagda?
Business loans from Shriram Finance are available for Partnership firms, Proprietorship firms, Pvt Ltd companies, Public Ltd companies, and LLPs. The applicant must be between 21 years to 65 years old, with the loan maturing before 65 years. Additionally, self-employed individuals and business owners with a minimum of 3 years of experience can apply.
What is the interest rate on a business loan in Nagda?
The interest rate starts from 10%* p.a. Detailed information on rates and charges is available in the relevant section.
How much loan can I get for my business in Nagda?
Shriram Finance offers business loans starting from Rs.1 lakh*, with the maximum loan amount based on business requirements and eligibility.
Can I apply for a business loan in Nagda?
Yes, you can apply either online or by visiting a nearby branch.
What is the maximum loan tenure for a business loan in Nagda?
Unsecured loans are available for 12 to 48 months, while secured loans offer flexible tenures from 12 – 84 months.
What is the processing time for a business loan in Nagda?
Approval takes approximately 2- 3 business days, depending on eligibility and documentation.
What is the minimum interest rate for a business loan in Nagda?
The interest rate for business loans in Nagda 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.