stickyTab
Business Loan
Meet all your business needs with
Shriram Business Loans

Business Loan in Namchi

Namchi is home to businesses that cater to tourism, agriculture and local trade. To thrive in this evolving market, business owners need access to reliable financial support. A Business Loan in Namchi from Shriram Finance can provide the necessary funds to expand operations, manage working capital or invest in infrastructure. Our loans come with quick approvals, minimal paperwork and flexible repayment tenures to suit different business needs. Whether you need Rs.1 lakh* or more, we ensure a hassle-free borrowing experience so you can focus on growth. Fuel your business ambitions with the right financial partner. Explore how a Business Loan in Namchi can help you achieve success!

Business Loan Types in Namchi

Shriram Finance offers a range of secured and unsecured business loans in Namchi to help businesses grow.

Business Loan for Women
Business Loan for Women
Aids women entrepreneurs in initiating or expanding their businesses. These loans are accessible to businesses of varying scales and developmental phases helmed by women.
Shop Loan
Shop Loan
Designed for small retail businesses like shops, boutiques and convenience stores to help finance operations and growth. These loans are used for working capital, getting inventory, upgrading equipment and marketing efforts.
Supply Chain Finance
Supply Chain Finance
Offers flexible payment options to both buyers and suppliers. This allows operations to run smoothly with competitive financing rates.
MSME Loan
MSME Loan
The types of unsecured business loan are offered to help micro, small and medium businesses meet various business expenditures. These loans are used to finance working capital, equipment purchases and business expansion.
GST Business Loan
GST Business Loan
This financing assists businesses manage their Goods and Services Tax (GST) payments.
Loan Without Financials
Loan Without Financials
Made for businesses that find it hard to provide traditional financial documents such as startups or businesses with poor credit. Borrowers do not need to provide detailed financial statements to prove their financial status.
Working Capital Loan
Working Capital Loan
Created to help business owners handle immediate operational needs. This includes purchasing inventory, hiring and training new employees, buying equipment, handling payroll and taking care of short-term expenses.
Trade Finance
Trade Finance
This supports trading activities and expenses using financial products like letters of credit, invoice factoring and export credit insurance.
Startup Business Loan
Startup Business Loan
It can cover startup costs like purchasing resources and equipment, marketing expenses or new product development.

Features and Benefits of Business Loans in Namchi

Expanding your business in Namchi? Shriram Finance provides financial support with flexible business loans tailored to your needs.

Flexible Loan Tenure

Flexible Loan Tenure

Select a loan repayment term that works best for you—secured loans range from 12 – 84 months, while unsecured loans range from 12 to 48 months.
EMI Calculator

EMI Calculator

Estimate your monthly instalments easily using the EMI calculator available on the website.
Loan amount

Loan amount

Loan amounts starting from â‚ı1 lakh, providing accessible funding options.
Convenient Online Process

Convenient Online Process

Apply from anywhere with a simple online application process.
Secured & Unsecured Loans

Secured & Unsecured Loans

Choose the right loan type for your business based on location and financial needs.
Quick Loan Approvals

Quick Loan Approvals

Get your loan processed swiftly. Approval depends on document verification, eligibility and the accuracy of details submitted

Business Loan Interest Rates and Charges in Namchi

The table below provides detailed information on the interest rates and charges associated with Shriram Finance.

Type of Fees Applicable Charges
Interest RateCustomised interest rates starting from 10%* p.a.
Processing FeesUp to 5%*
Late Payment Fees36%* p.a on the Overdue Amount
Foreclosure ChargesUp to 4%*

How to Use the Business Loan EMI Calculator?

Use the online EMI calculator from Shriram Finance to quickly determine your Business Loan EMI in Namchi.

STEP 01

Required loan amount

â‚ı

STEP 02

Interest rate

%

Min 10%

Max 30%

STEP 03

Loan tenure
months

Min 12 months

Max 84 months

Loan Summary

loangraph

Loan

Loan Amount

â‚ı 1,00,000

Interest Payable

â‚ı 39,450

Monthly EMI

â‚ı 1,660

Eligibility and Documentation Criteria for Business Loans in Namchi

Eligibility and Documentation Criteria for Business Loans in Namchi

  • Individual IconWho can apply?
    • Proprietorship firms
    • Pvt ltd companies
    • Partnership firms
    • Public Ltd companies
    • LLPs
  • Individual IconEligibility 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.
  • Individual IconDocuments 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 Namchi

Applying for Shriram Business Loan in Namchi is a 5-step process:

How To Apply
  • Step 1

    Register using your mobile number
  • Step 2:

    Enter loan details
  • Step 3:

    Enter business details
  • Step 4:

    Receive a verification call from us
  • Step 5:

    Get your loan disbursed

Unsecured Business Loans in Namchi

For businesses seeking financial support without pledging collateral, Shriram Finance offers different types of unsecured business loans, starting at Rs.1 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 Namchi

Shriram Finance branches in Namchi are strategically located, making loan application and management hassle-free for customers. Key locations include:

Locate Us

or

  • ANDAMAN AND NICOBAR ISLANDS
  • ANDHRA PRADESH
  • ASSAM
  • BIHAR
  • CHANDIGARH
  • CHHATTISGARH
  • DADRA AND NAGAR HAVELI
  • DELHI
  • GOA
  • GUJARAT
  • HARYANA
  • HIMACHAL PRADESH
  • JAMMU AND KASHMIR
  • JHARKHAND
  • KARNATAKA
  • KERALA
  • Karnataka
  • MADHYA PRADESH
  • MAHARASHTRA
  • MANIPUR
  • MEGHALAYA
  • Madhya Pradesh
  • Maharashtra
  • ODISHA
  • PUDUCHERRY
  • PUNJAB
  • RAJASTHAN
  • SIKKIM
  • TAMIL NADU
  • TELANGANA
  • TRIPURA
  • Tamil Nadu
  • Telangana
  • UTTAR PRADESH
  • UTTARAKHAND
  • WEST BENGAL

Business Loan Customer Care in Namchi

Shriram Finance offers dedicated customer care services. Reach out via phone or visit any branch for personalised support.

Business Loan Status in Namchi

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 Namchi ensures a smooth and transparent borrowing experience, helping you meet your financial needs effortlessly.

Business Loan FAQs

Who is eligible for a business loan in Namchi?

In Namchi, 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 Namchi?

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 Namchi?

The minimum loan amount provided by Shriram Finance is Rs.1 lakh*. The maximum amount is determined based on your business needs and eligibility.

Can I apply for a business loan in Namchi?

Yes, you can apply for a business loan in Namchi. 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 Namchi?

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 Namchi?

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 Namchi?

The eligibility requirements for a startup business loan in Namchi 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 Namchi?

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.