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Rudrapur is home to a thriving business community. Whether you need funds for expansion, inventory management, or working capital, securing the right financial support is essential. A Business Loan in Rudrapur from Shriram Finance can provide the necessary capital to fuel your business growth. We understand the financial needs of businesses in Rudrapur and offer loan solutions with minimal paperwork, quick approvals, and flexible repayment tenures. Our streamlined process ensures that entrepreneurs can access funding without unnecessary delays. With loan amounts starting from Rs.1 lakh*, we help businesses invest in new opportunities and sustain long-term growth. Take the next step towards business success. Explore how a Business Loan in Rudrapur can support your financial goals today!
Shriram Finance offers both secured and unsecured business loans. These are:
If you require financial aid to expand and grow your business, Shriram Finance is the best choice. Some of the benefits are:
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
₹ 1,00,000
Interest Payable
₹ 39,450
Monthly EMI
₹ 1,660
Eligibility and Documentation Criteria for Business Loans in Rudrapur
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*.
Shriram Finance has branches across Rudrapur. Use our branch locator to find the nearest branch.
For any inquiries or assistance regarding a business loan in Rudrapur, reach out to Shriram Finance today!
To check the status of your personal loan application, visit our website and enter your application reference number. Choose Shriram Finance today!
Who is eligible for a business loan in Rudrapur?
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 Rudrapur?
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 Rudrapur?
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 Rudrapur?
Yes, you can apply for a business loan in Rudrapur. You can apply online or visit a branch.
What is the maximum loan tenure for a business loan in Rudrapur?
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 Rudrapur?
The loan approval time is 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 Rudrapur?
For a startup business loan in Rudrapur 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 Rudrapur?
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.