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Business Loan
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Shriram Business Loans

Business Loan in Thanjavur

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.

Business Loan Types in Thanjavur

Shriram Finance facilitates business growth through a comprehensive range of secured and unsecured business loans. The full spectrum includes:

Trade Finance
Trade Finance
Offered to support trading activities and related expenses, encompassing a wide array of financial products like letters of credit, invoice factoring, and export credit insurance.
Startup Business Loan
Startup Business Loan
Designed to assist in raising capital and developing existing businesses. It can cover startup costs like purchasing resources and equipment, marketing expenses, or developing new products. It's particularly helpful for startups that may not have a unique credit history, with loan amounts, tenure, and interest rates determined based on the borrower's credit and turnover.
GST Business Loan
GST Business Loan
Offered to business owners based on their GST returns, with the loan amount determined appropriately. This type of financing is specifically designed to help businesses manage their Goods and Services Tax (GST) payments.
Business Loan for Women
Business Loan for Women
Specifically designed to help women entrepreneurs start or grow their businesses. These loans may be offered to women-owned businesses of all sizes and stages of growth.
MSME Loan
MSME Loan
Offered to help micro, small, and medium-scale entrepreneurs meet various business expenditures. These loans can be used to finance working capital, equipment purchases, and business expansion.
Working Capital Loan
Working Capital Loan
Designed to help business owners pay for immediate operational needs, such as purchasing inventory, hiring and training new employees, buying equipment or supplies, paying taxes, managing payroll, and taking care of other short-term operational expenses.
Shop Loan
Shop Loan
Specifically designed to help small retail businesses, such as shops, boutiques, and convenience stores, finance their operations and growth. These loans can cover working capital, inventory purchases, equipment upgrades, and marketing expenses.
Supply Chain Finance
Supply Chain Finance
Provides flexible payment alternatives to both buyers and suppliers at competitive financing rates to ensure the smooth functioning of a business.
Loan Without Financials
Loan Without Financials
Designed for businesses that have difficulty providing traditional financial documentation, such as startups, small businesses, or businesses with poor credit. It does not require the borrower to provide detailed financial statements or other documentation of their financial status.

Features and Benefits of Business Loans in Thanjavur

Business expansion in Thanjavur becomes achievable with Shriram Business Loans. Essential features include:

Online EMI Calculator

Online EMI Calculator

Accurately calculate your monthly payments with our easy-to-use online EMI Calculator.
Loans starting from Rs. 1 lakh*

Loans starting from Rs. 1 lakh*

Manage your business expenses with loans starting from Rs. 1 lakh*.
Secured & Unsecured Loans

Secured & Unsecured Loans

Shriram Finance offers both secured and unsecured business loan options, depending on your business location. Get an unsecured business loan at an interest rate of 12%*p.a. and secured business loan at 10%* p.a.
Quick Loan & Approvals

Quick Loan & Approvals

Expect a fast loan approval process to ensure your business needs are met on time. The approval time is about 2- 3 business days, based on the reliability of the information provided, meeting the requirements, and submission of the necessary documents.
Flexible Loan Tenure

Flexible Loan Tenure

Choose from a range of flexible tenure options. Secured Loans start from 12 – 84 months, and unsecured business loans range from 12 to 48 months.
Hassle-free Online Process

Hassle-free Online Process

Apply for your loan and get it approved online in a few simple steps.

Business Loan Interest Rates and Charges in Thanjavur

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 RateCustomised interest rates starting from 10%* p.a.
Processing FeesUp to 5%*
Late Payment Fees36%* p.a on the Overdue Amount
Foreclosure ChargesUp 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

Loan tenure
months

Min 12 months

Max 84 months

Loan Summary

loangraph

Loan

Loan Amount

₹ 1,00,000

Interest Payable

₹ 39,450

Monthly EMI

₹ 1,660

Eligibility and Documentation Criteria for Business Loans in Thanjavur

Eligibility and Documentation Criteria for Business Loans in Thanjavur

  • Individual IconWho can apply?
    • Partnership firms
    • Proprietorship firms
    • Pvt ltd companies
    • Public Ltd companies
    • LLPs
  • Individual IconEligibility 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.
  • Individual IconDocuments Required:
    • Bank statement (6 months)
    • Business registration proof
    • Business PAN
    • Applicant PAN
    • Selfie Photograph

Step-by-Step Application Process for Business Loans in Thanjavur

Applying for Shriram Business Loan is a 5-step process:

How To Apply
  • Step 1

    Register using your mobile number
  • Step 2

    Enter loan details
  • Step 3

    Enter business details
  • Step 4

    Receive a verification call from us
  • Step 5

    Get your loan disbursed

Unsecured Business Loans in Thanjavur

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.

Our Business Loan Branches 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:

Locate Us

or

  • ANDAMAN AND NICOBAR ISLANDS
  • ANDHRA PRADESH
  • ASSAM
  • BIHAR
  • CHANDIGARH
  • CHHATTISGARH
  • DADRA AND NAGAR HAVELI
  • DELHI
  • GOA
  • GUJARAT
  • HARYANA
  • HIMACHAL PRADESH
  • JAMMU AND KASHMIR
  • JHARKHAND
  • KARNATAKA
  • KERALA
  • Karnataka
  • MADHYA PRADESH
  • MAHARASHTRA
  • MANIPUR
  • MEGHALAYA
  • Madhya Pradesh
  • Maharashtra
  • ODISHA
  • PUDUCHERRY
  • PUNJAB
  • RAJASTHAN
  • SIKKIM
  • TAMIL NADU
  • TELANGANA
  • TRIPURA
  • Tamil Nadu
  • Telangana
  • UTTAR PRADESH
  • UTTARAKHAND
  • WEST BENGAL

Business Loan Customer Care in Thanjavur

Connect with Shriram Finance's customer care team for business loan support in Thanjavur via phone or visit the branch for detailed discussions.

Business Loan Status in Thanjavur

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.

Business Loan FAQs

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.

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.