Notifications5
Shriram Finance offers Business Loan in Narmadapuram with rates from 10%* p.a. and tenures up to 84 months. Capital is available from Rs.1 lakh* for business expansion, equipment, and working capital. They offer secured and unsecured loans with quick approval to support local businesses
Shriram Finance offers diverse secured and unsecured business loans tailored to your needs. These include
If you require financial aid to expand and grow your business, Shriram Finance is an ideal choice. Benefits of business loan offered by Shriram Finance include:
Interest rates for Shriram Finance business loans 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%* |
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 Narmadapuram
Applying for Shriram Business Loan is a 5-step process:
Shriram Finance offers Unsecured Business Loan Interest Rates starting from Rs.1 lakh* in Narmadapuram. Business Loan Interest Rates in Narmadapuram are competitive with flexible terms.
Shriram Finance has numerous financial services available in Narmadapuram. Feel free to visit any branch for help with any financial questions you may have.
You can reach out via phone or visit any branch for personalised support on your business loan with Shriram Finance.
To check the status of your personal loan application, visit our website and enter your application reference number. You can also contact customer care for real-time updates on your loan processing status.
Who is eligible for a business loan in Narmadapuram?
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 Narmadapuram?
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 Narmadapuram?
Shriram Finance provides business loans starting from Rs.1 lakh*.
Can I apply for a business loan in Narmadapuram?
Yes, you can apply for a business loan in Narmadapuram. 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 Narmadapuram?
You can choose a loan tenure 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 Narmadapuram?
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 Narmadapuram?
For a startup business loan in Narmadapuram 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 Narmadapuram?
The minimum interest rate 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.