Known as the Steel City, Jamshedpur in Jharkhand is India's first planned industrial city. While Jamshedpur is well-known for its iron and steel industries, it also drives the growth of sectors such as construction and industrial equipment, cement, commercial vehicles and engines, and power, among others. In addition, Jamshedpur is rich in minerals such as iron ore, bauxite, granite, and coal, which are exported to South Africa, Saudi Arabia, Nepal, and Bangladesh. Since Jamshedpur is a key source of revenue for Jharkhand, the city houses many small and medium businesses. If you too own a business in India's Steel City, you can easily obtain funds for expansion and other business needs from one of the many business loan providers in Jamshedpur. But if you are looking for quick business loan approval and the best rates of interest, then you must visit Hero FinCorp.
A business loan offers solutions to numerous short term and long-term financial challenges faced by a small or medium-sized company. When you apply for a Hero FinCorp small business loan in Jamshedpur, you not only get a fast disbursement but also benefit from its following features:
Dealing with cash flow is one of the most common concerns of an entrepreneur. Therefore, to assist aspiring entrepreneurs, Hero FinCorp provides business loans ranging from Rs 3 lakh to Rs 40 lakh.
At Hero FinCorp, we do not tell our customers about how they should use the small business loan money. Our small business loan in Jamshedpur gives businesses complete control over their funds and they can spend the money for several business purposes.
If you need funds for your business but do not have any business assets, we can help. Our small business loans in Jamshedpur come with zero collateral requirements, helping businesses to meet their financial obligations with ease.
We know how tough it is to keep afloat in the business. Given this, to make it easier on your budget, Hero FinCorp provides small business loans in Jamshedpur at competitive interest rates along with the flexibility of up to 60 months in repayment tenure.
Obtaining funds for your business from Hero FinCorp is very simple. Visit our branch in person or go to our website to complete the application process. The complete offline and online application process is detailed below.
Visit our branch or outlet in Jamshedpur.
Check your eligibility for our business loan.
Fill up the application form. Enter your personal details, the loan amount, and the preferred repayment period.
Go through our terms and conditions to see if you agree with them. Sign the form and submit it.
Complete the relevant paperwork.
After a successful assessment of your application, the funds will be transferred to your account within 48 hours of approval.
Click here for our online application.
You may also express your interest in applying with us by emailing us at corporate.care@herofincorp.com or call us on 1800-102-4145.
Fill up the application form with your personal information, the loan amount, and the repayment period, and upload the relevant documents.
Following submission, you will be given a reference number and contacted by one of our executives for additional information.
Based on a thorough analysis of your profile, we will send you a personalised offer detailing the maximum loan amount and the interest rate you are eligible for.
The amount will be deposited into your account shortly after you accept the offer.
Before applying for our business loan in Jamshedpur, check the table below to see if you qualify for our loan.
Sole Proprietorship, Partnership Firms, Private Limited Company, Public Limited Company, Trust/ Society and HUF
SMEs must have at least 5 years of business experience.
You can get a business loan amount ranging from Rs 3 lakh to Rs 40 lakh.
Flexible tenure up to 5 years.
Here is the list of documents needed while submitting your business loan application with Hero FinCorp.
Different business loan providers in Jamshedpur have their own set of qualification and documentation requirements. However, if you are applying with us, we would consider the following factors while assessing your application.
While applying for small business financing, you will require the following documents: