- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Business Loan in Raigarh
Raigarh, a centre for trade, industry, and emerging businesses, requires reliable financial support for sustainable growth. Business loans in Raigarh from Shriram Finance offer business owners the financial flexibility to expand, invest in equipment, manage cash flow, or handle operational expenses efficiently. Whether you are in steel manufacturing, retail, or a service sector, our loans provide the necessary support. We provide both secured and unsecured loans with tenures of up to 84 months. Business loan types in Raigarh include options for business expansion, working capital, and machinery upgrades, with competitive interest rates starting from 10%* p.a. Our simple documentation and fast approval process help businesses access funding without delays. Track your business loan status online with ease and stay informed about your application. With Shriram Finance, businesses in Raigarh can secure funding starting from Rs.1 lakh*, ensuring uninterrupted growth and financial stability.
Business Loan Types in Raigarh
At Shriram Finance, we understand that businesses in Raigarh need the right financial support at the right time. That's why we offer a variety of business loans to suit different needs:
Features and Benefits of Business Loans in Raigarh
Shriram Finance provides hassle-free business loans to help you achieve your growth objectives.
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 Raigarh
If you're seeking a business loan, Shriram Finance's interest rates begin at 10%* p.a. More information on interest rates and any applicable fees and charges is available 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 Raigarh
Eligibility and Documentation Criteria for Business Loans in Raigarh
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 Raigarh
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 Raigarh
Looking to expand your young business? Shriram Finance offers unsecured business loans starting from Rs.1 lakh*, without requiring collateral. Our online application is simple, and we provide flexible repayment options. If your business has been running for at least 3 years, you could be eligible for quick approval and better credit terms. We understand the challenges faced by growing businesses. This is why our unsecured loans are designed to be accessible and convenient, helping you achieve your goals without unnecessary hurdles.
Our Business Loan Branches in Raigarh
Looking for financial support to grow your business in Raigarh? Our branches offer business loans tailored to your needs, helping you manage everyday expenses or scale up operations. Stop by and explore financing options designed just for you.
Locate Us
Business Loan Customer Care in Raigarh
Looking for business loan assistance in Raigarh? Shriram Finance offers dedicated customer support. Get in touch with us over the phone or visit a branch for more details.
Business Loan Status in Raigarh
Keeping track of your personal loan application in Raigarh is effortless. Just visit our website and enter your reference number for instant updates. If you need further assistance, our customer care team is always ready to help. Shriram Finance is committed to making your loan journey smooth.
Business Loans in Major Cities
Business Loan FAQs
Who is eligible for a business loan in Raigarh?
If you'sre running a Partnership firm, Proprietorship firm, Pvt Ltd company, Public Ltd company, or an LLP, you can apply for a business loan. Applicants must be aged between 21 years to 65 years, ensuring the loan doesn'st exceed 65 years at maturity. Business owners and self-employed individuals with at least 3 years of experience are also eligible.
What is the interest rate on a business loan in Raigarh?
Shriram Finance provides business loans with interest rates starting from 10%* p.a. Check the charges section above for more details.
How much loan can I get for my business in Raigarh?
You can get a loan starting from Rs.1 lakh*, with the maximum amount depending on your business profile and needs.
Can I apply for a business loan in Raigarh?
Yes, you can apply online in just a few steps or visit your nearest Shriram Finance branch.
What is the maximum loan tenure for a business loan in Raigarh?
Unsecured loans range from 12 to 48 months, while secured loans offer repayment tenures of 12 – 84 months.
What is the processing time for a business loan in Raigarh?
The loan processing time is typically 2- 3 business days, subject to eligibility and verification of documents.
What is the eligibility for a startup business loan in Raigarh?
Eligibility for startup business loans is similar to that of a regular business loan.
What is the minimum interest rate for a business loan in Raigarh?
Business loan interest rates start from 10%* p.a. in Raigarh.
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.