Indore is known as the commercial capital of Madhya Pradesh and an emerging urban ecosystem. The city has been selected under the Govt. of India’s ambitious smart city plan, which will provide further growth impetus to existing business establishments and new-age digital enterprises.
At present, the city is home to many growing numbers of industries like automobile, textile, polymer and SMEs, which gives ample scope and growth opportunities to local businesses.
If you are a business owner and looking for a business loan in Indore to grow your business, then SMFG India Credit is the right partner for you in the journey.
At SMFG India Credit, you can avail of a business loan that comes with numerous benefits. It includes:
The following are the basic documents needed for a business loan in Indore:
SMFG India Credit provides business loans to the following three types of customer profiles:
Now, the following are the eligibility criteria to get a business loan:
You can use SMFG India Credit’s online free business loan eligibility calculator to check your maximum loan eligibility. The calculator uses details like your business’s net profit after taxes, existing monthly obligations, interest rate, and tenure. Please note that final eligibility will depend on several other factors including SMFG India Credit’s policy at the time of loan application.
While applying for a business loan, knowing your monthly repayment capability is very important. It helps to increase the chances of business loan approval.
Therefore, to calculate the EMI amount accurately, use the business loan EMI calculator. It helps to plan your monthly budget and expenditure wisely.
The calculator uses parameters such as the loan amount, rate of interest, and repayment tenure to accurately calculate the EMI amount. You can use different repayment tenure and loan amounts, to calculate the ideal EMI amount for you before applying for the business loan.
To apply for a business loan, you either visit the nearest SMFG India Credit Branch in Indore or online by clicking the “Apply now” button on this page.
*Terms and conditions apply. Loans at the discretion of SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.)
*T&C Apply
* 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.
Branch Address 1
Ground floor ,15 Janshakti Nagar, Near Airport Road Police Station, Airport Road, Indore, Madhya Pradesh-452005
Branch Address 2
First Floor, Kamal Kiran, 11/5 New Palasia, Near 56 Shop Square, Indore - 452 001
Branch Address 3
Office no. 201, 2nd Floor , 182/1 Chhoti Khajrani, Opp. Hotel Amarvillas, Near Lotus Electronic Showroom, Indore, Madhya Pradesh 452011
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).
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