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

Situated in the dynamic landscape of Andhra Pradesh, Anantapur is a city that embraces a rich cultural heritage, bustling markets, and a rapidly growing industrial sector. In this ever-evolving business environment, the demand for financial support is crucial for local entrepreneurs and businesses aspiring to thrive. This page serves as your gateway to the world of business loans in Anantapur, offering you the knowledge and insights necessary to make informed decisions regarding your financial needs. Our goal is to empower you with a comprehensive understanding of the business loan landscape in Anantapur, enabling you to take control of your financial future.

Features And Benefits Of Business Loans In Anantapur:

No Collateral Required: SMFG India Credit's business loans in Anantapur are collateral-free, since they’re unsecured.

Flexible Repayment: SMFG India Credit offers flexible repayment terms, allowing businesses to align payment schedules with cash flow.

Online Application: The application for a business loan can be easily made online through the easy-to-navigate dashboard.

Financial Backing: You can secure swift and easily accessible financing of up to INR 75 lakhs* for small businesses, which can be obtained within 72 hours* thanks to the transparent eligibility criteria and minimal documentation requirements

Customized Solutions: You have the option to discover pre-approved offers that cater to your capital requirements and apply for a higher loan top-up.

Eligibility Criteria For Business Loans In Anantapur:

Employment Status: The applicant must be a self-employed individual with their own businesses/ a proprietor, partner, or director of existing businesses.

Nationality: The applicant must be a resident Indian.

Age: The applicant must be between 22 and 65 years of age.

Business Experience: Applicants for this loan are required to demonstrate a minimum operational history of 3 years and a track record of consistent income and profits over the last 2 years.

Credit Score: To be eligible for a business loan in Anantapur, the applicant must have a credit score of 750 or above.

Calculate your loan eligibility using our online eligibility calculator

Essential Documents For Business Loan In Anantapur:

To avail a business loan from SMFG India Credit, the applicant needs to submit:

Document Type


Identity Proof

For a company, firm, or individual - a valid identity proof and PAN Card 

Address Proof

Voter ID Card, Ration card, Passport, or Driving License 

Bank Statements

Latest Bank Statements for the last 6 months

Income Documents

Most recent two years' Income Tax Returns (ITR), along with the income computation, balance sheet, and profit and loss account for those same two years, and the necessary certification by a Chartered Accountant.

Proof of Continuation

ITR/Trade license/Establishment/Sales Tax Certificate 

Other Documents

Sole Proprietorship Declaration or a certified copy of the Partnership Deed; a certified true copy of the Memorandum and Articles of Association, authenticated by the company director; and the resolution of the Board.

Interest Rates For A Business Loan In Anantapur :

SMFG Credit customizes business loans in Anantapur for interest rates to suit individual requirements:



Interest Rate

The lowest and most competitive interest rates will be calculated based on several factors (location, net income, business stability, collateral, and existing monthly obligations)

Loan Amount

Upto INR 75 lakhs*

Loan Tenure

Upto 48 months*

Lowest EMI Per Month

Starting from INR 1,341 for 48 months

Cheque Dishonoured Charges

INR 300

Proceeding Fees

Upto 6.5% of the Loan Amount

Customer Type

Proprietor / LLP/ Pvt Ltd / Partnership / Public Ltd

Late Payment Charges

2% plus GST charged monthly (24% per annum) on the overdue amount calculated on day-to-day basis.

How To Apply For A Business Loan In Anantapur:

Step 1: Go to SMFG India Credit's Apply Now page. Fill in the required details and upload all the necessary documents.

Step 2: Provide the requested personal and financial information in the application form.

Step 3: Upon entering your information, you will be promptly informed if your application will proceed to the next stage.

Step 4: Your loan application will undergo several stages of verification, including document validation and physical address verification.

Step 5: If eligible, a tailored loan offer with the loan amount and applicable interest rate will be provided.

Step 6: Following approval, the loan amount will be disbursed directly to your designated bank account

Please note that terms and conditions apply, and an SMFG India Credit representative may contact you for additional details


When you encounter a need for financial support, SMFG India Credit is your ultimate destination for fulfilling your business loan requirements in Anantapur. Our services are crafted for quick and seamless fund disbursal, with flexible repayment terms and attractive interest rates, catering to a wide range of financial needs. Furthermore, our online EMI calculator equips you to proactively calculate your EMIs, ensuring transparency in your repayment plan

In summary, SMFG India Credit is your dependable ally in acquiring business loans in Anantapur, providing fast, adaptable, and trustworthy business loans.

*T&C Apply

Apply for Business Loan

* Please note that loans are disbursed at the sole discretion of SMFG India Credit. Final approval, loan terms and disbursal process will be subject to SMFG India Credit's policy at the time of loan application. If you are an existing customer and wish to foreclose your loan, please note that foreclosure terms and charges will be applicable as per our policy at the time of loan foreclosure.

Contact Us


First Floor, Door No:-6-378, Azad Nagar,Ballari Road, Opp:-Hero Shown Room, Anantapur - 515 001, Andhra Pradesh

Note: Call on (Toll free number) 1800 103 6001 for more information.Timings: 9:30 AM to 6:30 PM (except 1st Saturday and Sundays and public holidays).


How is my business loan in Anantapur eligibility calculated?

The eligibility for a business loan is calculated based on various factors, such as your CIBIL score, bank balance, credit utilisation ratio, and income level, among various other factors. Ensure that you have a CIBIL score of 750 and above with a clean and punctual past record of clearing your outstanding dues.

What are the advantages of applying for an online business loan in Anantapur?

SMFG India Credit provides collateral-free business loans with flexible repayment terms and easy online applications. Borrowers can secure up to INR 75 lakh* swiftly, often within 72 hours*, thanks to transparent eligibility criteria. Pre-approved offers and online account management enhance the borrowing experience.

How to get a lower interest rate on my business loan in Anantapur?

Your geographical location, net income, the stability of your business, the presence of collateral, and your current monthly financial obligations all play essential roles in securing a more favorable and lowest interest rate for your business loan.

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