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In Sangli, businesses across sectors seek reliable financial support for growth and expansion. Shriram Finance extends comprehensive business loan solutions to support enterprises of all sizes. Understanding the diverse needs of Sangli's business community, Shriram Finance provides loans starting from Rs.1 lakh* with competitive interest rates from 10%* p.a.. These business loans accommodate various requirements - from working capital needs to expansion plans, equipment purchase to day-to-day operations. With flexible tenure options up to 84 months and streamlined documentation, Shriram Finance ensures quick access to funds. The company offers both secured and unsecured business loans, tailored to match different business needs.
Shriram Finance delivers comprehensive secured and unsecured business loan solutions to meet diverse business requirements. The extensive portfolio includes:
Business owners in Sangli seeking financial support can rely on Shriram Finance's business loan solutions that combine convenience with flexibility. Here's what makes Shriram Business Loan stand out:
Interest rates for Shriram Finance business loans start from 10%* p.a. For detailed information on interest rates and applicable fees/charges, refer to the details 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%* |
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 Sangli
Applying for Shriram Business Loan is a 5-step process:
Business owners in Sangli can access collateral-free funding through Shriram Finance's unsecured business loan program. With loan amounts beginning at Rs. 1 lakh*, this financing option proves particularly valuable for businesses seeking quick capital without pledging assets. The digital application platform ensures a smooth process, while flexible repayment options accommodate various business cycles. Enterprises must show 3 years of active operations to qualify, along with complete documentation. This financing solution offers competitive terms and faster processing, though availability may vary based on local business conditions in Sangli.
Shriram Finance maintains a branch presence in Sangli for business loan services. Key locations include:
Contact Shriram Finance's customer support team for guidance about business loans in Sangli through phone support or visit a branch for one-on-one assistance.
Application status tracking is available on the Shriram Finance website by entering the reference number. Real-time processing updates are accessible through customer care support. Shriram Finance ensures a smooth borrowing journey for businesses in Sangli. By choosing Shriram Finance, you can enjoy a hassle-free borrowing experience tailored to meet your financial goals in Sangli.
Who is eligible for a business loan in Sangli?
Qualified applicants include Partnership firms, Proprietorship firms, Pvt Ltd companies, Public Ltd companies, and LLPs. Individuals must be between 21 years to 65 years old (should not exceed 65 years when loan matures). The loan is available to self-employed professionals, entrepreneurs, and business proprietors with at least 3 years of business operations.
What is the interest rate on a business loan in Sangli?
Interest rates for Shriram Finance Business Loans start from 10%* p.a. Detailed information about interest rates and associated charges can be found in the charges section provided above.
How much loan can I get for my business in Sangli?
Shriram Finance offers business loans starting from Rs.1 lakh*. The upper limit is determined based on your business needs and eligibility evaluation.
Can I apply for a business loan in Sangli?
You can submit your business loan application in Sangli either through the digital platform or by visiting a Shriram Finance branch.
What is the maximum loan tenure for a business loan in Sangli?
For unsecured business loans, the repayment period spans 12 to 48 months, while secured business loans offer extended tenure from 12 â 84 months.
What is the processing time for a business loan in Sangli?
The loan processing typically requires 2- 3 business days, contingent upon data accuracy, meeting eligibility requirements, and complete documentation.
What is the eligibility for a startup business loan in Sangli?
For startup business loans, Shriram Finance applies the regular business loan eligibility parameters.
What is the minimum interest rate for a business loan in Sangli?
The starting interest rate is 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.