Shriram Business Loan in Ring Road
Business Loan Interest Rates and Charges in Ring Road
Interest rates for Shriram Finance business loans in Ring Road 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 Ring Road.
Shriram Finance Business Loan Eligibility in Ring Road
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 Ring Road
| Parameters | Proprietorship | Partnership | Pvt. Ltd. / LLP / Public Ltd. |
|---|---|---|---|
| Bank statement (6 months) | |||
| Business registration proof | |||
| Business PAN | |||
| Applicant PAN | |||
| Selfie Photograph |
Branches Nearby Ring Road Offering Business Loan
- Surat 2
- No 902 to 904, 9th Flr, Titanium Square
Adajan Gam
Surat - 395009 - Opposite Western Corridor
- Open until 05:00 PM
- Call Now More Details Directions
- Vesu Surat
- No 203, 2nd Floor, Regus Business Centre
Vesu
Surat - 395007 - 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 Ring Road 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 Ring Road.
To apply for a business loan at the Shriram Finance Ring Road 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 Ring Road.
The business loan interest rate at the Shriram Finance Ring Road branch typically starts from 11%* p.a. The final rate depends on business turnover, cash flow, and loan amount. For updated rates, contact the Ring Road.
At the Shriram Finance Ring Road branch, business loan approvals are quick. After document and business verification, loans are usually approved within 24–48 hours.
At the Shriram Finance Ring Road 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 Ring Road 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 Ring Road 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 Ring Road branch for verification and support.
Yes, in some cases. The Shriram Finance Ring Road 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 Ring Road 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 Ring Road branch. Pre-closure charges, if applicable, will be as per your loan agreement.
Missing an EMI for a loan from the Shriram Finance Ring Road branch may lead to late charges and impact your credit score. Contact the Ring Road for assistance if needed.
A guarantor is usually not required at the Shriram Finance Ring Road branch. In special cases, such as low income or limited credit history, a guarantor may be requested.
Yes, the Shriram Finance Ring Road branch may conduct a business verification visit to assess operations before approval.
Yes, startups can apply at the Shriram Finance Ring Road 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 Ring Road branch directly.
You can contact the Shriram Finance Ring Road branch by visiting 301 & 310, 21st Century Business Center Ring Road Surat-395002 or calling our 18004107711. You may also raise requests via the Shriram One app.
