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Thanjavur provides varied opportunities for business development. Shriram Finance supports local entrepreneurs with accessible business loan solutions. Businesses can access loans starting from Rs.1 lakh* with competitive interest rates beginning at 10%* p.a.. Shriram Finance offers flexible repayment terms up to 84 months, with both secured and unsecured loan options. The streamlined documentation process ensures quick fund disbursement, supporting diverse business needs from expansion to working capital management.
Shriram Finance facilitates business growth through a comprehensive range of secured and unsecured business loans. The full spectrum includes:
Business expansion in Thanjavur becomes achievable with Shriram Business Loans. Essential features include:
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
₹ 1,00,000
Interest Payable
₹ 39,450
Monthly EMI
₹ 1,660
Eligibility and Documentation Criteria for Business Loans in Thanjavur
Applying for Shriram Business Loan is a 5-step process:
Shriram Finance offers Thanjavur businesses access to unsecured loans starting from Rs. 1 lakh*, requiring no collateral. This financing solution features a user-friendly online application process and flexible repayment options. Businesses must demonstrate 3 years of operations and submit required documentation for consideration. The program provides competitive interest rates and faster processing compared to secured loans. Availability and terms may vary based on local business conditions in Thanjavur.
Shriram Finance serves business loan customers through its branch operations in Thanjavur, making it convenient for customers to apply and manage their loans. Key locations include:
Connect with Shriram Finance's customer care team for business loan support in Thanjavur via phone or visit the branch for detailed discussions.
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. By choosing Shriram Finance, you can enjoy a hassle-free borrowing experience tailored to meet your financial goals in Thanjavur.
Who is eligible for a business loan in Thanjavur?
Eligible business entities encompass Partnership firms, Proprietorship firms, Pvt Ltd companies, Public Ltd companies, and LLPs. The age requirement spans 21 years to 65 years (should not exceed 65 years at loan maturity). Qualifying applicants include self-employed professionals, business owners, and proprietors with minimum 3 years of business operations.
What is the interest rate on a business loan in Thanjavur?
Shriram Finance offers business loans with interest rates starting at 10%* p.a. Detailed information about rates and applicable charges is provided in the charges section above.
How much loan can I get for my business in Thanjavur?
Business financing from Shriram Finance begins at Rs.1 lakh*. The upper limit varies based on business requirements and eligibility assessment.
Can I apply for a business loan in Thanjavur?
Business loan applications in Thanjavur can be processed through digital platforms or by visiting a Shriram Finance branch.
What is the maximum loan tenure for a business loan in Thanjavur?
Loan tenure ranges from 12 to 48 months for unsecured business loans and extends from 12 – 84 months for secured business loans.
What is the processing time for a business loan in Thanjavur?
Loan processing takes approximately 2- 3 business days, contingent on information verification, eligibility criteria fulfilment, and complete documentation.
What is the eligibility for a startup business loan in Thanjavur?
Startup business loan eligibility through Shriram Finance adheres to standard business loan criteria.
What is the minimum interest rate for a business loan in Thanjavur?
Interest rates begin 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.