- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Business Loan in Shivamogga
Shivamogga, a finds a key ally in Shriram Finance, which delivers custom business loans in Shivamogga designed to boost local businesses. Access to funding is critical for businesses focused on expansion, upgrades and efficient operations. Our business loans come with competitive rates, starting at just 10%* p.a. and provide amounts tailored to meet specific business needs, whether for business expansion, increased working capital, the purchase of new equipment or managing day-to-day expenses. Our loans are structured for simplicity, featuring minimal paperwork, rapid approvals and flexible repayment options. We offer both secured and unsecured business loan solutions tailored to individual needs. Shriram Finance understands the Shivamogga business landscape, providing flexible terms of up to 84 months. By streamlining the application process, Shriram Finance ensures businesses can quickly secure the capital they need. With business loans starting from Rs.1 lakh, Shriram Finance is a reliable partner for Shivamogga's ongoing economic development.
Business Loan Types in Shivamogga
Shriram Finance has both secured and unsecured business loans in. These are:
Features and Benefits of Business Loans in Shivamogga
Shriram Finance is an ideal choice for availing business loans in Shivamogga. Benefits are:
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 Shivamogga
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%* |
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
âı 1,00,000
Interest Payable
âı 39,450
Monthly EMI
âı 1,660
Eligibility and Documentation Criteria for Business Loans in Shivamogga
Eligibility and Documentation Criteria for Business Loans in Shivamogga
Who can apply?- Partnership firms
- Pvt ltd companies
- Public Ltd companies
- LLPs
- Proprietorship firms
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 Shivamogga
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 Shivamogga
Shriram Finance provides a great solution for young 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. 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 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 based on the fulfilment of eligibility criteria. The availability of unsecured business loans varies depending on the business location.
Our Business Loan Branches in Shivamogga
The branches of Shriram Finance in Shivamogga resolve financial queries of all customers. Locations include:
Locate Us
Business Loan Customer Care in Shivamogga
For assistance regarding business loans in Shivamogga, Shriram Finance offers dedicated customer care services. Reach out to us today!
Business Loan Status in Shivamogga
To check the status of your personal loan application, visit our website and enter your application reference number. You can also contact customer care for real-time updates. Choose Shriram Finance for all your business loan requirements in Shivamogga.
Business Loans in Major Cities
Business Loan FAQs
Who is eligible for a business loan in Shivamogga?
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 Shivamogga?
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 Shivamogga?
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 Shivamogga?
Yes, you can apply for a business loan in Shivamogga. 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 Shivamogga?
You can choose a loan tenure from 12 to 48 months for unsecured business loans and 12 â 84 months for secured business loans.
What is the processing time for a business loan in Shivamogga?
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 Shivamogga?
For a startup business loan in Shivamogga 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 Shivamogga?
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.