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

Located in the vibrant landscape of Tamil Nadu, Hosur is a city that boasts a rich cultural heritage, bustling markets, and a rapidly expanding industrial sector. In this continually evolving business milieu, the need for financial support is paramount for local entrepreneurs and businesses aiming to prosper. This page acts as your entry point into the realm of business loans in Hosur, equipping you with the knowledge and insights essential for making well-informed decisions regarding your business loan requirements.

Features And Benefits Of Business Loans In Hosur:

No Collateral Required: SMFG India Credit offers unsecured business loans in Hosur that do not require collateral, ensuring flexibility and ease in securing loans.

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

Online Application: You can conveniently apply for a business loan online using our user-friendly dashboard.

Financial Support: You can secure swift and easily accessible financing of up to INR 75 lakhs* for small businesses, which can be obtained within 72 hours*.

Easy Access: With transparent eligibility criteria and minimal documentation requirements, business loans in Hosur are easily acquirable.

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 Hosur:

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

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 old.

Profit and Turnover of the Business: The minimum annual turnover of the business must be INR 10 lakhs per annum, and there should also be a profit after taxes of INR 2 lakhs per annum.

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.

Eligibility for the loan can be calculated here.

Essential Documents For A Business Loan In Hosur:

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, all certified 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, duly authenticated by the company Director, along with the Board resolution.

Interest Rates For A Business Loan in Hosur:

SMFG Credit tailors business loans in Hosur to align with individual requirements.



Interest Rate

Interest rates will be calculated based on several factors (location, net income, business stability, collateral, and existing monthly obligations), and remain competitive and as low as possible.

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 Hosur:

Step 1: Go to SMFG India Credit's Apply Now page.

Step 2: Fill in the required details and upload all the necessary documents.

Step 3: Provide the requested personal and financial information in the application form.

Step 4: Upon entering your information, you will be promptly informed if your application will proceed to the next stage.

Step 5: Your loan application will undergo several stages of verification, including document validation and physical address verification.

Step 6: If eligible, a tailored loan offer with the loan amount and applicable interest rate will be provided.

Step 7: Following approval, the loan amount will be disbursed directly to your designated bank account.


When you require financial assistance, SMFG India Credit stands as your primary destination for meeting your business loan needs in Hosur. Our services are meticulously designed for swift and hassle-free fund disbursement, addressing a variety of financial requirements. Moreover, our online EMI calculator empowers you to proactively compute your EMIs, guaranteeing transparency in your repayment structure. In conclusion, SMFG India Credit is your reliable partner for obtaining business loans in Hosur, offering speed, flexibility, and dependable financial solutions. Submit your business loan application with us today!

*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, No:-28/29, GKV Tower, Opp. Sub Collector Office, Denkanikottai Road, Shanthi Nagar, Hosur - 635109, Tamil Nadu

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 Hosur eligibility calculated?

In order to be eligible for a business loan in Hosur from SMFG India Credit, you need to ensure that you have a strong credit history with a credit score of 750 and above. Moreover, it is important to keep a reliable track record of clearing your outstanding debt to demonstrate responsible credit behaviour and get the best loan deals.

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

SMFG India Credit offers unsecured business loans with adaptable repayment terms and a user-friendly online application process. Borrowers can often access loan amounts of up to INR 75 Lakhs* swiftly, typically within 72 hours*, due to the clear and transparent eligibility criteria. The convenience of pre-approved offers and online account management further enhances the overall borrowing experience.

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

Securing a lower interest rate for your business loan depends on various factors. Your location, net income, business stability, the availability of collateral, and your existing monthly financial commitments all play crucial roles in obtaining a more favorable interest rate for your business loan.

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