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- Posted:3rd September, 2025
- Updated:3rd September, 2025
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75
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 - 67
Getting a startup business loan can be moderately challenging, as lenders generally require evidence of business viability, stable income, and a satisfactory credit score.
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https://www.shriramfinance.in/financial-faq - 74
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 - 80
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 - 69
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 - 69
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 - 86
The time required for loan disbursement varies based on the type of loan, lender policies, and the completeness of documentation.
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