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

Kochi, situated in Kerala, is a vibrant city renowned for its rich industrial heritage, bustling markets, and flourishing business sector. The local entrepreneurs and businesses operating within this ever-evolving commercial landscape often find themselves in need of financial support. Our goal is to provide you with valuable insights and information to help you make well-informed decisions regarding your financial requirements. Whether you are a seasoned entrepreneur or a budding business owner, understanding the business loan landscape in Kochi is crucial for making financial choices that align with your aspirations.

Features And Benefits Of Business Loans In Kochi:

Collateral-free loans:

These business loans provide unsecured financing, meaning you can access the funds you need without the need for collateral.

Flexible Repayment Tenure:

SMFG India Credit's business loans come with flexible repayment terms, allowing businesses to synchronize their payment schedules with their cash flow, ensuring financial convenience.

Simple Online Application:

You can effortlessly submit a business loan application using our intuitive and robust 100% online platform.

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.

Expedited Approval:

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

Customized Solutions:

Discover customized pre-approved offers designed to meet your specific capital needs and even request an increased loan top-up.

Convenient Account Management:

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 For Business Loans In Kochi:

  • 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.
  • Nationality: The applicant must be a resident Indian.
  • Age: The applicant must be between 22 and 65 years old.
  • Profits and Turnover: Your business should have been a profit-making enterprise 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: The basic eligibility check considers factors such as a CIBIL score of a minimum of 750.

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

Documents For Business Loans In Kochi:

When applying for a business loan in Kochi 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

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

Bank Statements

Latest Bank Statements for the past 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, following 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, which should be authenticated by the company director; and the Board resolution.

Additional documents may be required based on your profile and policy, which can be found here.

Interest Rates For Business Loans In Kochi:

SMFG Credit tailors business loans in Kochi to suit the unique profiles of each applicant.



Interest Rate

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

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 Kochi:

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

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 by providing the requested personal and financial information within the application.

Step 3: Receive immediate feedback regarding the progress of your application.

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

Step 5: If you’re eligible, you will receive a tailored loan offer specifying the loan amount and applicable interest rate.

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


For your financial support needs, SMFG India Credit is your go-to source for business loans in Kochi. Our services are meticulously designed to ensure swift and trouble-free fund disbursement, catering to a diverse range of financial requirements. In summary, SMFG India Credit stands as your reliable partner in Kochi, offering fast, flexible, and dependable 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


Second Floor, Door No.42/3406, Civli Land Raod, Palarivattom, Cochin, Kerala - 682024

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 Kochi eligibility calculated?

Your business loan eligibility is calculated considering various factors, including your credit history, bank balance, income stability, and more. It is advisable to have a credit 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 Kochi?

SMFG India Credit provides collateral-free business loans with flexible repayment terms and easy online applications. Borrowers can secure up to INR 75 lakhs*, often within 72 hours*, due to transparent eligibility criteria. Pre-approved offers and online account management also facilitate ease in applying for a business loan.

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

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.

If I change my employer, will it affect my business loan or EMI?

If you change employers or join a more established company with a pay increase, you might be eligible for a higher loan amount. If not, the loan amount approved would be lower, depending on your overall credit history and financial status.

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