Fullerton India Credit Co. Ltd. is Now SMFG India Credit Co. Ltd.

Amritsar, Punjab’s largest and most important city is world-famous for the Golden Temple. It is a hub for commercial, cultural, and transportation activities. It is popular for Amritsari dishes and tourist places to visit. It is also famous for Jallianwala Bagh and Wagah Border. The Golden Temple in this city attracts one lakh visitors on weekdays and up to two lakh visitors on weekends on a daily basis. 

SMFG India Credit offers support to eligible individuals who wish to leverage the wonderful business opportunities in Amritsar and grow their business. You can easily achieve your plans to grow your business or working capital needs with a Business loan in Amritsar SMFG India Credit. SMFG India Credit offers many benefits like smooth processing, minimal documentation, and quick approval. With SMFG India Credit’s business loan, you could progress on your business plans, buy raw materials, or even set up a new branch or office. 

Highlights of the Collateral-Free SMFG India Credit Business Loan in Amritsar:

  1. Business Loan Amount upto INR 75 Lakhs*: 
    If you have the documents that are required, you can apply for an unsecured business loan as high as INR 75 Lakhs*. SMFG India Credit’s repayment tenure is flexible ranging upto 48 months* with a competitive business loan interest rate. The starting business loan rate is minimal.  However, the final interest rate offered will depend on many factors like the applicant’s income, business experience, current debt commitments, creditworthiness, etc. as well as our policy at the time of loan application.
  2. Quick Approvals: 
    SMFG India Credit offers quick approvals to eligible applicants through digital business loan processing. This way you can even plan your business decisions more efficiently. Small business loans could be disbursed within  24 hours* of final loan approval
  3. Business Loan Online:
    The easiest way to apply for SMFG India Credit’s business loan is an online application. The steps are self-explanatory. You have to begin with filling up the form, followed by uploading the documents, and then mentioning your loan details before you submit the request. Another way is to visit the SMFG India Credit Amritsar branch and complete the simple process with the branch representatives. Please check our business loan eligibility criteria and ensure you have the requisite documentation ready for quicker processing. 
  4. Business Loan Eligibility Calculator: 
    SMFG India Credit offers an online tool called a business loan eligibility calculator. This tool allows you to calculate an estimated business loan amount that you could be eligible for. You need to begin with keying in some details like location, age, annual profit after taxes, total net monthly EMIs, rate of interest, and repayment tenure. You can get the maximum  loan amount on your screen within seconds. This can help you in planning your next steps. Another useful online tool is the business loan EMI calculator. You can check your future monthly business outflow with this just by entering a few details. You can re-use these calculators till you get the desired result. 

Eligibility for Business Loan:

You are eligible for SMFG India Credit business loan as a proprietor, private limited company, and partnership firm. Here are some of the other basic eligibility criteria:

  • As a self employed individual, you need to be in your current business for at least 3 years with a total business experience of 5 years.
  • The minimum entry age should be 22 years and maximum age of 65 years by the time of loan maturity. 
  • Your enterprise should be in a profit-making business for the past 2 years with a minimum turnover of INR 10 lakhs and a minimum annual income of INR 2 lakhs. 
  • CIBIL score of 750 or higher
  • Must have the requisite documentation

Please note that final business loan eligibility will also depend on a number of other factors including our policy at the time of loan application.

Documents Required for Business Loan:

SMFG India Credit business loan documentation is simple. The below stated documents are to be submitted along with your application form:

  1. Identity proof (PAN card)
  2. Proof of Address
  3. Bank statements (past 6 months)
  4. Latest ITR with income computation, balance sheet, profit and loss account (past two years)
  5. Proof of business existence like Trade license / Establishment / Sales Tax Certificate.  
  6. Business Continuity Plan

Please note that depending on our policy and your profile, additional documents may be requested.

*Terms and conditions apply. Loans are at the discretion of SMFG India Credit.

Apply for Business Loan

Contact Us


First Floor, Eminent Mall, 10 – The Mall, Amritsar, Punjab - 143001

Note: Call on (Toll free number) 1800 103 6001 for more information.Timings: 9:00 AM to 7:00 PM (except Sundays and public holidays).

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