Vadodara is popularly known as the cultural capital of Gujarat as well as the centre of educational activities. Its diverse economy thrives on fertilisers, textiles, tools, chemicals, and agriculture. SMFG India Credit wishes to be a part of your journey for any kind of business requirement. Funding your business loan in Vadodara with SMFG India Credit is just a few steps away. You can make the most of SMFG India Credit’s business loan by enjoying a transparent and swift process.
You can avail of collateral-free business loans with SMFG India Credit upto INR 1 crore* depending on your eligibility. You do not need to put your professional or personal assets on the line to secure your business loan.
SMFG India Credit’s repayment tenure is flexible upto 60 months*, allowing you to get the funding you need and the convenience of repaying the loan without stressing your finances.
We offer competitive business loan interest rates. The final interest rate offered depends on multiple factors like location, net income, business stability, collaterals, current monthly loans, etc.
SMFG India Credit provides instant approval that allows you to plan your moves efficiently. Small business loans can also expect their approval in just 72 hours* subject to successful document verification and loan agreement execution.
SMFG India Credit’s business loan eligibility calculator provides an estimated loan amount that you would be eligible for once you enter details like location, age, annual profit after taxes, total net monthly EMIs, rate of interest, and tenure.
SMFG India Credit is happy to offer an easy-to-tool called business loan EMI calculator. It is highly useful in planning your monthly outflow. You just have to select your preferable tenure, business loan amount, interest rate. And then you will get an EMI amount. You can recalculate till you get an EMI that is within your budget.
Business loan eligibility criteria depends on many factors like CIBIL score, age, business turnover, credit history, etc. Here are some of the basic business loan eligibility criteria:
Simple documentation at SMFG India Credit makes business loan applications a smooth experience. After screening the documents that you submit, there could be additional documents needed. On successful verification, the funds are disbursed into your registered bank account.
Basic documents required for availing of a business loan are:
Depending on your profile and SMFG India Credit’s policy at the time of loan application, further documentation may be requested.
You can seamlessly apply for a SMFG India Credit business loan online by clicking on the “Apply now” button on this page. Select “Business loan” and provide the required information along with OTP verification of your mobile phone number. Our representatives will get in touch with you to take the process ahead.
You are also welcome to walk into SMFG India Credit Vadodara branch and discuss your requirements.
*Terms and conditions apply. Loans at the discretion of SMFG 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.
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Insurance disclaimer SMICC is registered with the Insurance Regulatory and Development Authority of India (IRDAI) as a Corporate Agent. IRDAI Registration No.: [CA0098] CIN No. U65191TN1994PLC079235. The insurance policy is a contract between the customer and the insurance company, and policy is underwritten by insurance companies. SMICC acts only as the distributor and is not responsible for any risk, policy issuance, claim settlement/repudiation etc. Insurance is the subject matter of solicitation. Purchase of insurance is voluntary and subject to insurer underwriting and policy terms and conditions. Customers are advised to read the policy terms and conditions, benefits, exclusions, claim settlement carefully before purchase. Kindly note that “Insurance Products” are not mandatory for the purpose of the application and disbursement of loan. It shall be the sole discretion of the customer, by providing explicit consent, to avail such insurance along with the Loan.
Beware of Spurious calls/ Fraud phone calls IRDAI is not involved in activities like selling Insurance policies, announcing bonus or investment of premium. Public receiving such phone calls are requested to lodge a police complaint.
