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Business Loan in Vasai-Virar
Vasai-Virar, an emerging business centre in Maharashtra, demonstrates consistent commercial progress across industries. Shriram Finance supports business aspirations through versatile financial solutions designed for various business needs. Strategic capital access serves as a foundation for business enhancement, operational excellence, and expansion objectives. Shriram Finance delivers business loans beginning from Rs.1 lakh*, with interest rates starting at 10%* p.a.. The financial packages address multiple business requirements, spanning operational funding to expansion strategies. With streamlined documentation and efficient processing, Shriram Finance offers both secured and unsecured business loans. The adaptable repayment structure extending to 84 months ensures smooth financial planning for businesses.
Business Loan Types in Vasai-Virar
Shriram Finance supports business growth in Vasai-Virar through an extensive portfolio of secured and unsecured business loans tailored to meet diverse entrepreneurial needs.
Features and Benefits of Business Loans in Vasai-Virar
Business loan interest rates commence from 10%* p.a. Find detailed information about interest rates and applicable fees/charges below.
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 Vasai-Virar
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%* |
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
₹ 1,00,000
Interest Payable
₹ 39,450
Monthly EMI
₹ 1,660
Eligibility and Documentation Criteria for Business Loans in Vasai-Virar
Eligibility and Documentation Criteria for Business Loans in Vasai-Virar
Who can apply?- Partnership firms
- Proprietorship firms
- Pvt ltd companies
- Public Ltd companies
- LLPs
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 Vasai-Virar
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 Vasai-Virar
Shriram Finance brings to Vasai-Virar's business community unsecured commercial funding solutions that remove the burden of collateral. With loans starting at Rs. 1 lakh*, enterprises can pursue growth opportunities while retaining asset freedom. An intuitive digital application channel ensures convenient access to funds for eligible businesses. Companies must demonstrate 3 years of operational history and provide necessary documentation to qualify. The streamlined approval mechanism delivers faster results than traditional secured loans, featuring market-competitive rates and flexible repayment arrangements. Vasai-Virar entrepreneurs should review area-specific criteria and loan terms.
Our Business Loan Branches in Vasai-Virar
Access business loan services through the branch network in Vasai-Virar, offering convenient loan application and management. Key locations include:
Locate Us
Business Loan Customer Care in Vasai-Virar
For business loan guidance in Vasai-Virar, contact customer care via phone or visit the nearest branch for direct assistance.
Business Loan Status in Vasai-Virar
Track loan applications on the website using the reference number. Obtain instant processing updates from the customer care team. Experience borrowing solutions customised to local business requirements in Vasai-Virar.
Business Loans in Major Cities
Business Loan FAQs
Who is eligible for a business loan in Vasai-Virar?
Qualifying business structures include Partnership firms, Proprietorship firms, Private Limited companies, Public Limited companies, and LLPs. Age eligibility ranges from 21 years to 65 years, not extending beyond 65 years at loan maturity. Eligible candidates include self-employed professionals, business owners, and proprietors with at least 3 years of business experience.
What is the interest rate on a business loan in Vasai-Virar?
Shriram Finance provides business loans with interest rates starting at 10%* p.a. Complete rate and fee details are listed in the charges section.
How much loan can I get for my personal needs in Vasai-Virar?
Business loans begin at Rs.1 lakh* through Shriram Finance. The maximum amount is determined by your eligibility assessment and requirements.
Can I apply for a business loan in Vasai-Virar?
Business loan applications are accepted through Shriram Finance's digital platforms or at their Vasai-Virar branch locations.
What is the maximum loan tenure for a business loan in Vasai-Virar?
Select from tenure options of 12 to 48 months for unsecured business loans, or 12 – 84 months for secured business loans.
What is the processing time for a business loan in Vasai-Virar?
Expect processing within 2- 3 business days, subject to information verification, eligibility checks, and complete documentation.
What is the eligibility for a startup business loan in Vasai-Virar?
Startup business loans follow Shriram Finance's standard business loan eligibility criteria.
What is the minimum interest rate for a business loan in Vasai-Virar?
Interest rates commence at 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.