High Loan Amount
Hero FinCorp offers business loans up to Rs 50 lakh in Chandigarh, meeting diverse business needs efficiently.
Get Business Loan in Chandigarh with Quick Disbursal
Chandigarh, known for its urban planning, boasts a range of attractions. Tourists flock to the Rock Garden, Sukhna Lake, and Zakir Hussain Rose Garden. The city's architectural marvels include the Capitol Complex and the Le Corbusier Centre.
Chandigarh's vibrant culture shines through festivals and art events. For wildlife enthusiasts, the Sukhna Wildlife Sanctuary and Chhatbir Zoo are must-visits. Shopping enthusiasts can explore designer boutiques and street markets. Chandigarh's nightlife offers a variety of bars, pubs, and live music venues. The city's green spaces, like the Garden of Fragrance and Leisure Valley, are perfect for outdoor activities.
For entrepreneurs managing businesses in Chandigarh, Hero FinCorp provides unsecured Business Loans. If you're aiming to expand or franchise your business, you can conveniently apply for a Business Loan online.
Business Loan EMI Calculator
Features And Benefits of Business Loan in Chandigarh
By selecting Hero FinCorp as your Business Loan provider in Chandigarh, you will enjoy various benefits.
Attractive Interest Rate
Hero FinCorp offers Business Loans with competitive interest rates starting at 14%, ensuring cost-effective financing.
Collateral Free
Hero FinCorp offers collateral-free Business Loans in Chandigarh, ensuring a hassle-free borrowing experience.
Flexible Repayment Tenure
Hero FinCorp’s Business Loan in Chandigarh offers flexible repayment tenures to suit your business's cash flow.
Instant Approval
Hero FinCorp offers quick, hassle-free loan approval, ensuring timely access to funds for your business.
Eligibility Criteria for Business Loan in Chandigarh
Getting started with a business is easy, but keeping it running and expanding requires consistent financial support. Hero FinCorp offers accessible Business Loans to help you grow your business.
Age
Hero FinCorp Business Loans sets age criteria for applicants between 25 and 65 years.
Occupation
Whether self-employed or managing a business, your professional stature impacts loan eligibility.
Business Status
A business's longevity reflects stability; we require a minimum of five years of operation.
Maximum Loan Tenure
Our loan terms can span up to 4 years. This helps borrowers in better financial planning.
Maximum Loan Amount
With a vision to elevate businesses, our loans go up to Rs 50 Lakhs.
Minimum Income
No minimum income is required, but consistent revenue highlights your business's financial health.
Documents Required for a Business Loan in Chandigarh
One must gather the necessary documents to obtain a quick Business Loan from Hero FinCorp. Here is a list of the required documents for business loan to ensure a seamless application process.
Mandatory Documents
KYC documents for all business partners, stakeholders, and directors
Proof Of Identity
Aadhaar Card, PAN Card, passport, or any other valid identity proof issued by the government
Business Address Proof
Utility Bills, bank statements, or another document to verify your business address
Business Continuity Proof
Partnership deed, certificate of incorporation, or another registration document verifying your business structure
Income Proof
Bank statements for both personal and business accounts showing your cash flow
Interest Rates and Charges for Business Loan in Chandigarh
In Chandigarh, Hero FinCorp provides competitive interest rates on Business Loans. Based on the loan amount and tenure, borrowers can select between fixed and floating rates.
How To Apply For a Business Loan in Chandigarh?
If you wish to apply for a Business Loan from Hero FinCorp in Chandigarh, you have two options - visit the branch or apply online. Here are the steps for both methods.
Online
- 1
Visit the Hero FinCorp website and reach the Business Loan page.
- 2
Fill out a business loan application form and upload the required documents.
- 3
Enter the Business Loan amount and select repayment tenure.
- 4
If you fulfil the eligibility criteria, you will receive a reference number.
- 5
A representative will contact you for further details.
Frequently Asked Questions
Hero FinCorp Business Loan is considered the best option for businesses. It offers a nominal interest rate on loans up to Rs 50 Lakh.
Eligibility for a GST loan generally depends on having a valid GST registration and fulfilling the lender's criteria.
Eligibility for an MSME (Micro, Small, and Medium Enterprises) loan varies but generally includes businesses meeting certain turnover, investment, and employment criteria.
Hero FinCorp offers Business Loans to entrepreneurs with over five years of experience. It also depends on other eligibility criteria. However, budding entrepreneurs can borrow a Loan Against Property or a Personal Loan from Hero FinCorp to start a business.
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