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- Posted:3rd September, 2025
- Updated:3rd September, 2025
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259
Pre-closing a loan is fully repaying all outstanding dues before the loan’s original end date.
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https://www.shriramfinance.in/financial-faq - 219
Getting a startup business loan can be moderately challenging, as lenders generally require evidence of business viability, stable income, and a satisfactory credit score.
Read More - Posted:3rd September, 2025
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https://www.shriramfinance.in/financial-faq - 263
Pre-closure of loans usually has a positive impact on CIBIL scores, demonstrating financial discipline and repayment capability.
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https://www.shriramfinance.in/financial-faq - 368
Loan prepayment calculation involves determining the exact amount required to settle the outstanding loan balance before maturity.
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https://www.shriramfinance.in/financial-faq - 244
Marginal Cost of Funds Based Lending Rate (MCLR) is the minimum rate of interest below which banks cannot lend, introduced by the Reserve Bank of India to ensure efficient monetary policy transmission.
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https://www.shriramfinance.in/financial-faq - 236
Securing a startup business loan with bad credit can be quite challenging but it is not impossible.
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https://www.shriramfinance.in/financial-faq - 261
The time required for loan disbursement varies based on the type of loan, lender policies, and the completeness of documentation.
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