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Shriram Finance empowers Raipur businesses with tailored loan solutions. Our business loans have competitive rates (starting from 10%* p.a.). With flexible tenures of up to 84 months and attractive interest rates starting from 10%* p.a., Shriram Finance understands the Raipur business environment. By streamlining the application process, Shriram Finance allows businesses to get capital quickly. Shriram Finance is a trusted partner for Raipur's growth, with business loans starting from Rs.1 lakh*.
Shriram Finance has a wide range of secured and unsecured business loans. These are listed as seen below:
If you are looking for financial help to expand and grow your business, look no further than Shriram Finance. Here's why:
Interest rates for Shriram Finance business loans start from 10%* p.a. For more details:
| 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
âı 1,00,000
Interest Payable
âı 39,450
Monthly EMI
âı 1,660
Eligibility and Documentation Criteria for Business Loans in Raipur
Applying for Shriram Business Loan is a 5-step process:
Shriram Finance provides an ideal solution for young and growing businesses with our unsecured business loan that requires no collateral. An unsecured business loan does not require you to pledge any of your assets to get financing. With Shriram Finance, you can get an unsecured business loan starting from Rs.1 lakh*. To be eligible for an unsecured business loan from Shriram Finance, your business should have been operational for at least 3 years, and you must provide all the required documentation.
Visit any Shriram Finance branch located in Raipur, to easily avail a business loan.
For any inquiries or assistance regarding a business loan in Raipur, please reach out Shriram Finance customer support today!
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. Choose Shriram Finance today for all your business loan requirements in Raipur.
Who is eligible for a business loan in Raipur?
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. 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 Raipur?
The interest rate for Shriram Business Loan starts from 10%* p.a.
How much loan can I get for my business in Raipur?
Shriram Finance provides business loans starting from Rs.1 lakh*.
Can I apply for a business loan in Raipur?
Yes, you can apply for a business loan in Raipur. You can apply online or visit a branch.
What is the maximum loan tenure for a business loan in Raipur?
You can choose a loan tenure from 12 to 48 months for unsecured business loans and 12 â 84 months for secured business loans.
What is the processing time for a business loan in Raipur?
The loan approval time is quick 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 Raipur?
For a startup business loan in Raipur from Shriram Finance, the eligibility criteria is the same as for a regular business loan.
What is the minimum interest rate for a business loan in Raipur?
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.