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

Guwahati, the largest city in the northeastern state of Assam, India, is a vibrant and culturally rich urban centre. Nestled on the banks of the Brahmaputra River, it serves as the gateway to the northeastern region. Known for its blend of modernity and tradition, Guwahati boasts historical landmarks like the Kamakhya Temple and the Assam State Museum. The city is also an economic hub, with a thriving trade and commerce scene.

In Guwahati, the need for business loans arises to fuel entrepreneurial ventures, expand existing enterprises, and meet capital requirements. Whether it's initiating a new business, upgrading infrastructure, or managing operational expenses, businesses in Guwahati seek financial support to thrive in the competitive market. Business loans provide the necessary funds to enhance productivity, create employment opportunities, and contribute to the economic growth of Guwahati, fostering a vibrant and sustainable business environment in the city.

Features And Benefits Of Business Loans In Guwahati:

A business loan in Guwahati comes with several features and benefits tailored to support the unique needs of local entrepreneurs:

Online Application:

Easily apply for a business loan in Guwahati through a user-friendly online platform.

Streamlined Documentation:

The loan application process in Guwahati is made simpler with clear eligibility criteria and minimal paperwork.

Fast Approval:

Experience quick approval within 72 hours*, enabling rapid business growth.

Effortless Paperwork:

Transparent eligibility criteria and minimal documentation minimise the effort in the loan application process.

Flexible Repayment:

Tailor your repayment schedule to match your cash flow, enjoying free foreclosure options for improved financial flexibility.

Eligibility Criteria For Business Loans In Guwahati:

  • Applicant Type: Self-employed individuals, business proprietors, partners, or directors of established enterprises are eligible.
  • Nationality Requirement: Applicants must be Indian residents.
  • Age Range: Candidates should fall within the age bracket of 22 to 65 years.
  • Business Turnover: The business needs a minimum annual turnover of INR 10 lakhs.
  • Financial Stability: It requires a profit after taxes of INR 2 lakhs per annum, demonstrating financial stability.
  • Operational Experience: The business must be operational for a minimum of 3 years, indicating stability, experience, and consistent income over the past 2 years.
  • Creditworthiness: Applicants should have a CIBIL score of 750 or above.

Documents Required For Business Loan In Guwahati:

Here is a summary of the essential list of documents required for business loan:



Recent photograph

A recent passport-sized photograph of the applicant

Valid Identity Proof

Acceptable options include PAN card or Driving Licence

Valid Address Proof

Options include documents like an electricity bill or Passport

Bank statements

Statements reflecting your business's financial transactions

GST or ITR documents

Proof of your business's Goods and Services Tax (GST) registration or Income Tax Returns

Income proofs

Documents that validate your business's income

Proof of Business existence

Documents like Certificate of Incorporation that establish your business's existence

Interest Rates For A Business Loan In Guwahati:

SMFG India Credit tailors business loans in Guwahati by assessing applicants' credit scores, business turnovers, and financial backgrounds and offering competitive interest rates.



Interest Rate

The interest rates, determined by factors like location, net income, business stability, collateral, and existing monthly obligations, are the lowest and most competitive.

Loan Amount

Upto INR 75 lakhs*

Loan Tenure

Upto 48 months*

Lowest EMI Per Month

It starts at INR 1,341 for a 48-month period

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 Business Loans In Guwahati:

To apply for a business loan in Guwahati through SMFG India Credit, follow these simplified steps:

Step 1. Visit the Official Website: Go to the official website of SMFG India Credit to access the loan application platform.

Step 2. Navigate to the Application Section: Locate and click on the section that directs you to the business loan application.

Step 3. Fill in the Online Form: Complete the online application form with accurate details about your business and financial information.

Step 4. Upload Necessary Documents: Attach the required documents, including identity proof, address proof, bank statements, GST/ITR documents, income proofs, and proof of business existence.

Step 5. Submit the Application: Review the information provided, ensure accuracy, and submit the application form along with the attached documents.

Step 6. Application Verification: The SMFG India Credit team will initiate the verification process to authenticate the information provided in your application.

Step 7. Receive Loan Offer: Once your eligibility is confirmed, you will receive a customized loan offer detailing the terms and conditions.

Step 8. Approval and Disbursement: After your acceptance of the loan offer, the approval process is completed, and the loan amount is disbursed to your designated bank account.

By following these steps, entrepreneurs in Guwahati can easily navigate the business loan application process with SMFG India Credit.


In conclusion, choosing SMFG India Credit for your business loan in Guwahati offers a myriad of advantages. From a seamless online application process and competitive interest rates to tailored offerings and swift loan approval, SMFG India Credit stands out as a reliable financial partner. The user-friendly digital access further ensures convenient management of your loan, making SMFG India Credit an ideal choice for entrepreneurs seeking financial support in Guwahati. Trust SMFG India Credit for hassle-free and efficient business loan solutions tailored to your specific needs and aspirations. Click here to initiate your business loan application.

*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


Third Floor, Madhab Tower, Amway Building, Above ICICI Bank, G S Road, Rukminigaon, Guwahati, District:- Kamrup, Assam - 781 022

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 eligibility for a business loan in Guwahati evaluated?

Your eligibility for a business loan in Guwahati is determined based on factors such as location, income, bank balance, debt-to-income ratio, and credit history. Having a credit score of 750 or higher and settling outstanding debts enhances your eligibility.

What advantages come with applying for an online business loan in Guwahati?

SMFG India Credit provides competitive interest rates on business loans up to INR 75 lakhs*, offering cost-effective capital for local Guwahati businesses. With transparent eligibility criteria and a streamlined documentation process, quick financial assistance is tailored to your business's needs.

How can I secure a reduced interest rate on my Guwahati business loan?

Choosing debt refinancing strategically helps lower loan interest rates and alleviate financial pressures. If your business's financial health has improved since obtaining the initial high-interest loans, consolidating debts into a single loan may result in a reduced interest rate, simplifying repayments and improving financial stability.

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