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Shriram Finance is dedicated to supporting businesses in Serchhip by offering customised loan options. Access to funding is essential for expansion, upgrades, and efficient operations. Shriram Finance provides Business Loans in Serchhip with competitive rates (starting from 10%* p.a.) and loan amounts designed to meet the specific requirements of your business, whether for expansion, working capital, equipment purchases or managing general expenses.Loans from Shriram Finance are designed to be straightforward, featuring minimal paperwork, quick approvals, and flexible repayment options. They offer a range of customised solutions, including both secured and unsecured Business Loans in Serchhip. Recognising the unique business environment in Serchhip, Shriram Finance provides flexible loan terms of up to 84 months. Shriram Finance ensures businesses can access capital quickly, making them a reliable partner for growth in Serchhip, with business loans starting from Rs.1 lakh*.
Shriram Finance provides a wide range of secured and unsecured business loans in Serchhip. These are:
If you require business loans in Sercchip reach out to Shriram Finance. Benefits include:
Interest rates for Shriram Finance business loans start from 10%* p.a. For more information:
| 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 Serchhip
Applying for Shriram Business Loan is a 5-step process:
Shriram Finance offers a solution for growing businesses with unsecured business loan that requires no collateral. An unsecured business loan does not require you to pledge any of your assets. 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. Applying for an unsecured business loan with Shriram Finance is a hassle-free online process. These loans are beneficial because no collateral is required, approval process is quicker, and they come with better credit terms. 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' basis the fulfilment of eligibility criteria. The availability of unsecured business loans is location dependent.
The branches of Shriram Finance located in Sercchip, making it easy for customers to apply for loans. Locations include:
For assistance regarding a business loan in Serchhip, Shriram Finance offers dedicated customer care services. Please reach out to us today!
To check the status of your personal loan application, visit the Shriram Finance website and enter your application reference number. You can also contact customer care. Reach out to Shriram Finance to fulfil all your financial goals in Serchhip.
Who is eligible for a business loan in Serchhip?
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 Serchhip?
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 Serchhip?
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 Serchhip?
Yes, you can apply for a business loan in Serchhip. 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 Serchhip?
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 Serchhip?
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 Serchhip?
For a startup business loan in Serchhip 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 Serchhip?
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.