Business Loan in Wokha

If your business is registered as a partnership firm, sole proprietorship, private limited company, public limited company, or Limited Liability Partnership (LLP), you can apply for a business loan. Key criteria include being between 21 years to 65 years old, and possessing a minimum of 3 years of experience if self-employed, a business owner, or a proprietor.

The starting interest rate for our business loan offerings at Shriram Finance is 10%* p.a. You can find more precise details about interest rates and any accompanying fees or charges in our detailed interest rate policy document.

Shriram Finance provides business loans commencing from Rs.1 lakh*. The ceiling on the loan amount is influenced by the particular requirements of your business and your capacity to meet our eligibility criteria. Interest rates for unsecured loans stand at 12%*p.a, while secured business loans offer more competitive terms at 10%* p.a.

Applying for a business loan with Shriram Finance is a smooth and straightforward process. You can initiate your application either online, from the comfort of your own space, or in person by visiting one of our conveniently located branches.

We offer flexible repayment plans designed to accommodate your business's unique financial circumstances. For unsecured business loans, you can choose repayment terms ranging from 12 to 48 months, while secured business loans offer an extended repayment window of 12 – 84 months.

We offer a swift and efficient loan approval service. However, this timeline can fluctuate based on factors such as the accuracy and completeness of your application materials, your ability to meet our eligibility criteria, and the speed with which you provide all necessary supporting documentation.

For entrepreneurs seeking startup business loans through Shriram Finance in Wokha, the eligibility prerequisites are generally consistent with those for our standard business loan products.

Interest rates begin at 10%* p.a.