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

Uttar Pradesh has emerged as one of the fastest-growing states in India. Lucknow is the capital of Uttar Pradesh. It has a rich history as one of the centres of culture and art in North India and was the seat of power for the ‘Nawabs’ during the 18th and 19th centuries. Lucknow is renowned for small scale industries specialising in multiple forms of embroideries and handicraft items. It is also witnessing rapid growth across information technology, retail, banking and other service sectors. Hence, there is a high demand for business loans in Lucknow. 

SMFG India Credit offers business loans with several benefits for business across all sizes in Lucknow. These benefits include attractive interest rates, seamless documentation, quick processing, non-collateral loan, and many more. SMFG India Credit is always there with you as your support. By availing of a business loan in Lucknow, you can set up a new business or expand your existing business. 

SMFG India Credit offers the following benefits with business loan in Lucknow: 

1) Business Loan Eligibility:

SMFG India Credit’s business loan in Lucknow is open to self-employed individuals, proprietors, partnership firms and private limited companies across industries. Both individuals and enterprises can apply for SMFG India Credit’s business loan.

  • The applicant should have experience of at least five years of running a business and must be engaged in the current business for at least 3 years.
  • The loan applicant must be at least 22 years while applying for a business loan and at most 65 years at the time of maturity.
  • The enterprise should have a minimum turnover of Rs 10 lakhs, should be making profits for the last two years and have a minimum annual income (as per ITR) of Rs 2 lakhs.

Please note that these are the basic business loan eligibility criteria. Actual eligibility will also depend on other factors including credit score & history, repayment capacity, nature of the applicant’s business, etc.

SMFG India Credit’s website has a business loan eligibility calculator to check your eligibility. You have to enter details like location, age, net annual profit, and current EMIs. This calculator will show the loan amount for which you are eligible. 

2) Quick Loan Approval:

SMFG India Credit understands the importance of accessing funds quickly. Hence, the loan approval process is quite seamless. If you are a small business and meet the required eligibility criteria as per SMFG India Credit’s policy at the time of loan application, you can expect to receive your business loan within 72 hours* after loan approval.

3) Simple Documentation:

SMFG India Credit’s business loan documentation process is hassle-free and convenient. You need to furnish the following basic documents:

  1. Proof of identity,
  2. Proof of address
  3. 6 months bank statement
  4. Latest ITR with the computation of income, 2 years balance sheet, 2 years profit and loss statements
  5. Trade license / establishment / sales tax certificate. 
  6. Depending on the case, there could be a few more documents required.  

4) Loan Amount:

SMFG India Credit understands that your dreams are big. Hence, you can apply for a maximum loan amount of Rs 75 Lakhs* which is collateral free. This can help you convert your dream into reality. The exact amount offered by SMFG India Credit will depend on your income and various other factors.

However, if you need more than Rs 75 Lakhs*, then you can apply for a loan against property instead.

5) Business Loan EMI Calculator:

Before applying for a business loan, you can use the business loan EMI calculator to calculate the EMI. This will help you to plan your EMI payments and manage your monthly budget. You just need to enter your preferred tenure, rate of interest and loan amount. You will immediately get the monthly EMI amount.

If you are planning to avail a business loan, you can apply online here. Alternatively, you can walk into any branch of SMFG India Credit which is close to your office or place of residence.

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


First Floor, Hindustan Times House, 25, Ashok Marg, Lucknow, Uttar Pradesh - 226001

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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