Maharashtra, the cosmopolitan state is full of beaches, cuisines, culture, etc. It boasts of being the largest economy in India and is one of the more urbanized states. It has an enormous blend of manufacturing, agricultural, and service industries. Thus, there are umpteen business loan opportunities in Maharashtra. You can take a business loan with SMFG India Credit seamlessly. With SMFG India Credit, you can enjoy smooth transactions, minimal documentation, and quick processing. You can decide to pursue entrepreneurial goals. You may want to set up a factory or buy raw materials for your existing set-up. SMFG India Credit is ready to be your partner to assist you with any business need. SMFG India Credit provides collateral-free loans. SMFG India Credit would like to present a comfortable business loan journey with benefits like attractive interest rates, flexible repayment tenure, and smooth documentation.
You can take a business loan up to INR 75 Lakhs*. You need the right documents according to your loan amount. Your repayment tenure is flexible from 12 months to 60 months. Business loan interest rate is also competitive, and minimal. The final interest rate offered depends on a number of factors like location, income, business experience, current loans, and SMFG India Credit’s policy at the time of loan approval.
SMFG India Credit is happy to present quick approvals to eligible applicants by leveraging the digital processing of business loans. This way you can plan your business decisions better. After successful verification checks and documentation, small business loans are approved and the required funds are disbursed shortly after.
Online application is the easiest way to apply for SMFG India Credit’s business loan. Just click on the “apply now” button on this page, select “business loans” and fill out the online form. Our SMFG India Credit customer care representatives will get in touch with you to take the process ahead. You can also go to your nearest SMFG India Credit branch in Maharashtra and complete the process guided by our team there.
A useful online tool is our business loan eligibility calculator. This gives you a chance to find out an estimated loan amount that you could be eligible for. You need to key in some details like location, age, annual profit after taxes, total net monthly EMIs, preferred rate of interest, and repayment tenure. You can get your loan amount on your screen within seconds. This can help you in planning your next steps.
SMFG India Credit offers another useful online tool. It is called the business loan EMI calculator. You can manage your monthly business outflow much better with the help of this calculator. Once you enter the details, you can find out the exact EMI amount. You can alter the same till you get an EMI amount that is within your budget.
SMFG India Credit provides business loan opportunities to enterprises like proprietors, private limited companies, and partnership firms. Here are some of our basic business loan eligibility criteria:
The final eligibility for the loan amount will also depend on certain other factors including our policy at the time of loan application.
Given below are some of the basic required documents for a business loan. Please note that depending on your profile and our policy, additional documents may be requested.
*Terms and conditions apply.