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Shivpur, an Indian commercial centre, sees Shriram Finance offering tailored Business Loan in Shivpur solutions to boost local businesses. Capital access is essential for expansion and smooth operations. Shriram Finance's business loans feature competitive interest rates from 10%* p.a. and are tailored for business expansion, working capital, equipment purchases, and managing expenses. Minimal paperwork, quick approvals, and flexible repayment options are provided, including both secured and unsecured loans. With flexible tenures of up to 84 months and attractive interest rates starting from 10%* p.a., Shriram Finance understands the Shivpur business environment. Shriram Finance streamlines the application process for quick capital access, starting from Rs.1 lakh*, establishing itself as a trusted growth partner.
Shriram Finance provides a wide range of secured and unsecured business loans to facilitate your business. These are listed as below:
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:
The 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 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 Shivpur
Applying for Shriram Business Loan is a 5-step process:
Shriram Finance offers unsecured business loans, ideal for growing businesses needing capital without collateral. Starting from Rs.1 lakh*, these loans feature flexible repayment and reasonable interest rates. The online application is straightforward, with quicker approval due to the absence of collateral. To qualify, businesses should be operational for 3 years and meet documentation requirements. Types of unsecured business loan include options like term loans and lines of credit Eligibility criteria must be met, and availability may vary by location. Unsecured loans suit startups and SMEs, focusing on creditworthiness over assets, though they may have higher interest rates.
Shriram Finance offers various financial services in Shivpur. Please drop in to any branch of Shriram Finance located in Shivpur to get all your financial queries resolved.
For any inquiries or assistance regarding a business loan in Shivpur, you can reach out via phone or visit any branch for personalised support from Shriram Finance.
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 on your loan processing status. Enjoy a hassle-free borrowing experience tailored to meet your financial goals in Shivpur with Shriram Fiannce.
Who is eligible for a business loan in Shivpur?
Business loans are available to partnerships, proprietorships, private and public limited companies, and LLPs. Applicants must be aged 21 years to 65 years' experience also qualify.
What is the interest rate on a business loan in Shivpur?
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 business loan charges section above.
How much loan can I get for my business in Shivpur?
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 Shivpur?
Yes, you can apply for a business loan in Shivpur. 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 Shivpur?
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 Shivpur?
The loan approval time is quick 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 Shivpur?
For a startup business Shivpur from Shriram Finance, the business loan eligibility criteria are generally the same as for a regular business loan.
What is the minimum interest rate for a business loan in Shivpur?
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.