High Loan Amount
At Hero FinCorp, we make sure that you never miss out on a business opportunity due to insufficient funds. Therefore, we offer small business loans in Delhi NCR for the amount ranging from Rs 3 lakh to 40 lakh.
INTRODUCTION
India's capital Delhi is a popular destination among job seekers and entrepreneurs alike. People from all over India find a home in the historical city, hoping to build their careers and make a fortune here. The city is known for its thriving markets and role in boosting the growth of various industries such as hospitality, media, information technology, banking and finance, telecommunications, and more. Plus, Delhi's manufacturing sectors have recorded tremendous growth in the past decades, establishing the city as a major manufacturing hub. All these developments have increased the demand for a business loan in Delhi, thus, driving the popularity of various business loan providers in Delhi. However, to ensure you get the best deal on your business loan and to reap the benefits of the loan to the fullest, apply for the loan with one of the most known and reputed financial institutions such as Hero FinCorp, instead of reaching out for a business loan from a private financier in Delhi.
FEATURES OF HERO FINCORP BUSINESS LOAN IN DELHI
There are several business loan providers in Delhi. However, not all of them offer loans with the best-in-the-industry features and benefits. Keeping your needs in mind, at Hero FinCorp, we offer:
Flexible Tenure
With Hero FinCorp, now choose the repayment tenure that best suits your budget and convenience. With us, you have the option of taking out a small business loan in Delhi NCR for a duration ranging from 12 months to 60 months.
Multi-purpose Loan
When you apply for a small business loan in Delhi NCR with us, you don't need to specify the reason for which you are availing of a business loan. The loan amount disbursed by us can be utilised for several business purposes.
Minimal Paperwork
When applying for a business loan in Delhi NCR with us, you don't have to go through a cumbersome documentation process. Simply furnish your KYC and income proof documents, and, on approval, the loan will be disbursed to your account within 48 hours.
HOW TO APPLY FOR A BUSINESS LOAN IN DELHI?
If you are looking to apply for a small business loan in Delhi NCR with Hero FinCorp, you may do so either offline or online.
OFFLINE METHOD
- 01
Visit our branch or outlet in Delhi NCR.
- 02
Check our eligibility conditions and mandatory documentation before proceeding with your loan application.
- 03
Fill out the offline loan application form by providing your basic information, required loan amount, and the repayment period.
- 04
Read and accept our terms and conditions for small business financing.
- 05
Submit the photocopy of documents supporting your identity proof, address proof, and income proof.
- 06
Once we verify your documents and approve your application, the business loan amount will be disbursed to your account.
ONLINE METHOD
- 01
Click here to visit Hero FinCorp’s online small business financing application page.
- 02
To apply for a small business loan in Delhi, you can also send us an email at corporate.care@herofincorp.com or contact us at 1800-102-4145.
- 03
Fill out the essential information on the loan application form and upload a softcopy of the mandatory documents.
- 04
Choose the desired loan amount and tenure.
- 05
If you meet our basic eligibility requirements, we will send you a reference number through email or text. Keep the number handy for future use.
- 06
In the next stage, one of our officials will contact you for additional information.
- 07
Once we have verified your information and papers, we will send you a personalised loan offer stating the loan amount and business loan interest rate.
- 08
As soon as you accept the offer and agree to our terms and conditions, we will credit the amount to your account within 48 hours of approval.
Eligibility Criteria for a Business Loan in Delhi
If you are planning to avail of a small business loan in Delhi NCR with Hero FinCorp, then you must meet the following eligibility criteria:
Occupation
Sole Proprietorship, Trusts/ Society, Partnership Firms, Private Limited Companies, Public Limited Companies and HUF
Business Status
A minimum business experience of 5 years is mandatory for SMEs.
Maximum Loan Tenure
Flexible loan term up to 5 years.
Maximum Loan Amount
You can obtain a business loan for an amount ranging between Rs 3 lakh and Rs 40 lakh.
Documents Required for a Business Loan in Delhi
To offer quick approval for a small business loan in Delhi NCR, Hero FinCorp will require the following set of documents:
- KYC documents of borrowers and guarantors
- Latest audited financials
- GST returns for the financial year
- Last 6 months bank statement
- List of directors or shareholding patterns (if applicable)
Frequently Asked Questions (FAQs)
If you are applying with Hero FinCorp, you can get a business loan for any amount ranging from Rs 3 lakh to Rs 40 lakh. However, the loan amount that you get is determined by numerous factors such as your business credit history, your age, income, and the nature of your business.
If you apply for a Hero FinCorp business loan, the repayment period could be anywhere from 12 months to 60 months. Due to the repayment flexibility, you can choose a tenure that best suits your need and convenience.
Yes. You may use our business loan EMI calculator to easily calculate your EMI. Since our business loan EMI calculator is a customised tool, by choosing the combination of various loan amounts and tenure, you can also choose the loan amount that best suits your budget in terms of repayment.