Shriram Business Loan in Muthukadai
Business Loan Interest Rates and Charges in Muthukadai
Interest rates for Shriram Finance business loans in Muthukadai start from 10%* p.a. For detailed information on interest rates and all applicable fees and charges, please consult the details on our website or contact our branch representatives in Muthukadai.
Shriram Finance Business Loan Eligibility in Muthukadai
Shriram finance provides business loans starting from 1 Lakh. Here is a list of the criteria based on which business loans are provided.
- Partnership firms, Proprietorship firms, Pvt ltd companies, Public Ltd companies and LLP
- 21 years to 70 years.
- Self-employed individuals, business owners or proprietors with minimum 3 years of business experience.
Documents Required for Business Loan in Muthukadai
| Parameters | Proprietorship | Partnership | Pvt. Ltd. / LLP / Public Ltd. |
|---|---|---|---|
| Bank statement (6 months) | |||
| Business registration proof | |||
| Business PAN | |||
| Applicant PAN | |||
| Selfie Photograph |
Branches Nearby Muthukadai Offering Business Loan
- Walajapet
- No 26, Sy No 1661, 1661/1B & 2B, 1st Flr, Gundamma Street
Ammoor Road
Vellore - 632513 - Above City Union Bank
- Open until 05:00 PM
- Call Now More Details Directions
- Melvisharam
- No 286, 1st Floor, AS Tower, Walajapet, Kulathumedu, Annasalai
Melvisharam
Vellore - 632509 - Open until 05:30 PM
- Call Now More Details Directions
- Tiruvalam
- Ground Floor, Tiruvalam, Sannathi Street, Arakkattalai
Katpadi
Vellore - 632515 - Near Sri La Sri Sivananda Mouna Swamigal
- Open until 05:00 PM
- Call Now More Details Directions
Business Hours
- Monday: 09:00 AM - 05:00 PM
- Tuesday: 09:00 AM - 05:00 PM
- Wednesday: 09:00 AM - 05:00 PM
- Thursday: 09:00 AM - 05:00 PM
- Friday: 09:00 AM - 05:00 PM
- Saturday: 09:00 AM - 01:30 PM
Payment Methods
- Cash Payment
- Net Banking
- Debit Card
- UPI
- QR Code Payment
- RTGS and NEFT Transfer
- Cheque Payment
FAQs
To get a business loan at the Shriram Finance Muthukadai branch, you must be an Indian resident aged 18 years or above and operate a running business. Sole proprietors, partnership firms, private limited companies, traders, and self-employed professionals can apply at the Muthukadai.
To apply for a business loan at the Shriram Finance Muthukadai branch, you need Aadhaar & PAN (mandatory), Address Proof, GST certificate or business registration, bank statements, ITR, and passport-size photographs. Additional documents may be requested by the Muthukadai.
The business loan interest rate at the Shriram Finance Muthukadai branch typically starts from 11%* p.a. The final rate depends on business turnover, cash flow, and loan amount. For updated rates, contact the Muthukadai.
At the Shriram Finance Muthukadai branch, business loan approvals are quick. After document and business verification, loans are usually approved within 24–48 hours.
At the Shriram Finance Muthukadai branch, the maximum loan amount depends on your business turnover, financial stability, and credit profile. Flexible loan amounts are available based on your needs.
The Shriram Finance Muthukadai branch offers business loan repayment tenures ranging from 12 to 60 months. You may choose a tenure based on your business cash flow.
The Shriram Finance Muthukadai branch offers both secured and unsecured business loans. Collateral-free loans are available for eligible applicants based on financials and credit history.
Yes, you can apply online through the website or app and still complete your business loan process through the Shriram Finance Muthukadai branch for verification and support.
Yes, in some cases. The Shriram Finance Muthukadai branch may accept alternate proofs like bank statements, GST returns, or invoices if ITR is not available.
Yes, a nominal processing fee is applicable at the Shriram Finance Muthukadai branch. The exact amount depends on your loan size and will be clearly communicated.
Yes, you can pre-close your loan anytime by visiting the Shriram Finance Muthukadai branch. Pre-closure charges, if applicable, will be as per your loan agreement.
Missing an EMI for a loan from the Shriram Finance Muthukadai branch may lead to late charges and impact your credit score. Contact the Muthukadai for assistance if needed.
A guarantor is usually not required at the Shriram Finance Muthukadai branch. In special cases, such as low income or limited credit history, a guarantor may be requested.
Yes, the Shriram Finance Muthukadai branch may conduct a business verification visit to assess operations before approval.
Yes, startups can apply at the Shriram Finance Muthukadai branch if they have minimum business proofs and a viable model. Approval depends on revenue and stability.
You can track your loan status via the Shriram One app, the website, or by contacting the Shriram Finance Muthukadai branch directly.
You can contact the Shriram Finance Muthukadai branch by visiting 122A, 1st Flr, Vignesh Motors Building, MBT Road Muthukadai Vellore-632401 or calling our 18004107711. You may also raise requests via the Shriram One app.
