- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Business Loan in Satna
Satna is a key industrial centre in Madhya Pradesh, celebrated for its robust cement industry and flourishing trade. As local businesses continuously evolve to meet market demands, having access to reliable funding is essential for growth and sustainability. A Business Loan in Satna from Shriram Finance offers competitive funding starting from Rs.1 lakh*, designed to support your business ambitions, whether you'sre modernising your production facilities, investing in new technology, or simply streamlining your operations. Our loan solutions are crafted to suit a diverse range of business needs, ensuring that you receive tailored financial support when you need it most. Enjoy a straightforward digital application process with minimal documentation and rapid approvals, all backed by dedicated customer service. This means you can focus on expanding your business while we take care of your financial requirements. Discover how a Business Loan in Satna can drive your business forward. Read on for more insights and details.
Business Loan Types in Satna
Shriram Finance offers a wide range of secured and unsecured business loans for your business needs. These include:
Features and Benefits of Business Loans in Satna
If you are in need of financial aid to expand and grow your business, Shriram Finance is an ideal choice for availing a hassle-free business loan. Benefits 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 Satna
For further details on interest rates and applicable fees/charges on business loan offered by Shriram Finance, 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%* |
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 Satna
Eligibility and Documentation Criteria for Business Loans in Satna
Who can apply?- Pvt ltd companies
- Partnership firms
- Proprietorship firms
- 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 Satna
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 Satna
Shriram Finance offers unsecured business loans from Rs.1 lakh* with no collateral required. Benefit from flexible tenures, attractive rates, and a hassle-free online application. Loans are subject to eligibility criteria, including a minimum of 3 years in business, and may vary by location.
Our Business Loan Branches in Satna
Key locations in Satna include:
Locate Us
Business Loan Customer Care in Satna
Shriram Finance offers dedicated customer care services. Reach out today!
Business Loan Status in Satna
To check the status of your personal loan application, visit our website and enter your application reference number. Choose Shriram Finance, for a smooth borrowing experience.
Business Loans in Major Cities
Business Loan FAQs
Who is eligible for a business loan in Satna?
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 Satna?
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 Satna?
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 Satna?
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 Satna?
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 Satna?
The loan approval time is fast. 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 Satna?
For a startup business loan in Satna 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 Satna?
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.