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

Jamnagar, situated in Gujarat, is a dynamic city renowned for its thriving industrial legacy, bustling markets, and burgeoning business sector. Within this continually evolving commercial backdrop, the demand for financial support becomes paramount for local entrepreneurs and businesses. In this comprehensive article, we embark on a journey into the realm of business loans in Jamnagar, providing you with the insights to make well-informed decisions concerning your financial requirements.

Features and Benefits Of Business Loans In Jamnagar

Flexible Repayment Tenure

Business loans from SMFG India Credit provide adaptable repayment terms, enabling businesses to align their payment schedules with their cash flow for financial convenience.

Simple Online Application

Easily apply for a business loan in Jamnagar through a user-friendly and robust online dashboard.


SMFG India Credit's business loans do not require collateral, offering unsecured financing.

Capital Support

Access swift and easily obtainable financing of up to INR 75 lakhs for small businesses. Factors such as location, income, business experience, etc. play a role in the loan amount provided.

Quick Approval

Secure business loans within 72 hours* of final approval, thanks to transparent eligibility criteria and minimal documentation requirements.

Customized Solutions

Explore personalized pre-approved offers tailored to meet your capital requirements and request a higher loan top-up.

Convenient Account Management

Efficiently oversee your business loan account from any location and using any device.

Business Loan Calculators

SMFG India Credit’s business loan eligibility calculator and business loan EMI calculator help you plan your loans efficiently and effectively.

Eligibility Criteria For Business Loans In Jamnagar

  • Business Experience: If applying as a self-employed individual, you must have a minimum of 3 years of experience in your current business and a total business experience of 5 years.
  • Age: Your minimum entry age should be 22 years, and the maximum maturity age should be 65 years.
  • Profit and Turnover of the Business: Your enterprise should have been a profit-making business for the past 2 years with a minimum annual turnover of INR 10 lakhs and a minimum annual income of INR 2 lakhs.
  • Credit score and History: The basic eligibility check considers factors such as a CIBIL score (minimum of 750), credit history, etc.

Please note that final eligibility is subject to SMFG India Credit's policies at the time of the loan application.

Documents For Business Loans In Jamnagar

When applying for a business loan in Jamnagar with SMFG India Credit, you'll need to provide important documents, including:

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 of which must be 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 (if relevant), along with a certified and genuine copy of the Memorandum and Articles of Association, duly authenticated by the company director. The board resolution should be included.

Additional documents may be required based on your profile and SMFG India Credit’s policy at that time

Interest Rates For Business Loans In Jamnagar



Interest Rate

Minimum and 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 Jamnagar

These are the easy steps to apply for a business loan in Jamnagar:

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

Step 2: Complete the application form with the required details and upload all necessary documents.

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

Step 4: Receive immediate feedback regarding the progress of your application.

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

Step 6: A representative may reach out for additional information based on the policy.

Step 7: If you’re eligible, you will receive a tailored loan offer specifying the loan amount and applicable interest rate.

Step 8: After approval, the loan amount will be disbursed directly to your designated bank account.


When you need financial support, turn to SMFG India Credit for business loans in Jamnagar. Our services have been thoughtfully structured to facilitate quick and hassle-free fund disbursement, effectively meeting a wide spectrum of financial needs. In conclusion, SMFG India Credit is your trusted partner in Jamnagar, providing fast, flexible, and reliable business loan solutions.

*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

Branch Address 1

Navkar Heights, First Floor, Shop No. 101,102,103, Lalwadi Main Road, GD Shah School Road, Jamnagar - 361008, Gujarat

Branch Address 2

First Floor, Shop No. 101 - 105, Soham Complex, Gurudwara Road, Jamnagar, Gujarat - 361 001

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 Jamnagar eligibility calculated?

To qualify for a business loan in Jamnagar, various important parameters are considered, including the credit history, credit utilization ratio, bank balance, income level, and more. Therefore, it is important to ensure that your credit score is 750 and above in order to demonstrate responsible credit behavior and get the best deals.

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

SMFG India Credit offers unsecured business loans with flexible repayment options and a user-friendly online application process. Borrowers can often obtain loan amounts of up to INR 75 lakhs rapidly, typically within 72 hours*, thanks to the transparent eligibility criteria.

Additionally, the convenience of pre-approved offers and online account management further improve the borrowing experience.

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

Obtaining a reduced interest rate for your business loan is contingent on several factors. 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 interest rate for your business loan.

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