- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Business Loan in Rajkot
In Rajkot, where entrepreneurial spirit is strong, Shriram Finance supports local businesses by providing tailored loan solutions. Access to capital is crucial for business expansion and operational improvements. Shriram Finance business loans offer competitive interest rates (starting from 10%* p.a.) and loan amounts tailored to specific business needs, such as expansion, working capital, or equipment purchases. The loans feature minimal paperwork, quick approval, and flexible repayment options, with both secured and unsecured options available depending on the business location. Shriram Finance understands the Rajkot business environment and offers a streamlined online application process for quick access to funds, starting from Rs.1 lakh*. Shriram Finance aims to be a reliable partner for Rajkot's business growth.
Business Loan Types in Rajkot
The range of secured and unsecured business loans from Shriram Finance include:
Features and Benefits of Business Loans in Rajkot
If you require financial help to grow your business, look no further than Shriram Finance. Benefits of a business loan include:
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 Rajkot
Interest rates for Shriram Finance business loans start from 10%* p.a. For more details on interest rates and applicable fees/charges, refer 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 Rajkot
Eligibility and Documentation Criteria for Business Loans in Rajkot
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 Rajkot
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 Rajkot
Shriram Finance provides a 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. With Shriram Finance, you can get an unsecured business loan starting from Rs. 1 lakh*. Shriram Finance offers unsecured business loans with flexible repayment tenures and affordable interest rates. 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. An unsecured business loan is offered to business owners based on the fulfilment of eligibility criteria. Note that the availability of unsecured business loans may vary depending on the business location.
Our Business Loan Branches in Rajkot
For any financial queries you may have please visit any branch of Shriram Finance in Rajkot
Locate Us
Business Loan Customer Care in Rajkot
For inquiries or assistance regarding a business loan in Rajkot reach out to Shriram Finance today!
Business Loan Status in Rajkot
To check the status of your personal loan application, visit our website and enter your application reference number. You can also reach out to our customer care. Choose Shriram Finance today!
Business Loans in Major Cities
Business Loan FAQs
Who is eligible for a business loan in Rajkot?
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 Rajkot?
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 Rajkot?
Shriram Finance provides business loans starting from Rs.1 lakh*. The maximum loan amount depends on your business's needs and eligibility
Can I apply for a business loan in Rajkot?
Yes, you can apply for a business loan in Rajkot. 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 Rajkot?
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 Rajkot?
The loan approval time is approximately quick. 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 Rajkot?
For a startup business loan in Rajkot 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 Rajkot?
The minimum interest rate starts from 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.