Business Loan in Chennai - Unsecured Loans Up to 5 Crore

Unsecured Business Loans in Chennai

Upto ₹5 Crore in 24 Hours

Apply Now Secured & Unsecued Business Loans & Business loans without security for SMEs & MSMEs

Why Choose Kfis?

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Who Can Apply?

CIBIL Score of 700 or higher
Business operational for 2+ years
12 months bank statement
Monthly GST sales returns

Who can get Business Loan with Kfis?

Business Loan Eligibility Criteria

Business Entity

Minimum Requirement

Documentation for Business Loan in Chennai

Documentation for Business Loan

Business loan in Chennai

Chennai offers a variety of financing options for business owners, including secured and unsecured business loans of up to 5 crore rupees. 

Secured loans necessitate collateral, such as property or equipment, resulting in lower interest rates and extended repayment periods. On the other hand, unsecured loans do not require collateral but may come with higher interest rates. 

Business loans are commonly sought for purposes such as business expansion, working capital requirements, or acquiring new equipment. In Chennai’s dynamic business environment, obtaining financial assistance is essential for the progress and sustainability of enterprises, enabling them to flourish and achieve new milestones.

Business Loan In chennai
unsecured business loan in chennai

Unsecured Business Loan in Chennai

In Chennai, acquiring an unsecured business loan can be a strategic financial solution for entrepreneurs looking to expand their ventures without having to provide collateral. 

These loans, offering up to 5 crores, provide an injection of capital to support various business needs such as inventory management, infrastructure development, or marketing initiatives. With a professional tone, business owners in Chennai can leverage these unsecured loans to optimize cash flow, seize growth opportunities, and propel their enterprises forward. 

It is essential to carefully review the terms, interest rates, and repayment schedules when considering applying for an unsecured business loan in Chennai to ensure it aligns with the long-term financial goals and sustainability of the enterprise.

MSME Business Loans in Chennai

Obtaining an MSME business loans in Chennai through Kfis can be a strategic move to fuel your entrepreneurial endeavors.

Kfis, known for its reliable financial services, offers MSME loans tailored to the specific needs of small and medium enterprises in Chennai.

These loans come with competitive interest rates and flexible repayment options, making them a popular choice among local businesses looking to expand or manage working capital.

By leveraging Kfis’ expertise in the MSME loan sector, entrepreneurs in Chennai can access the necessary funds to grow their businesses and contribute to the city’s thriving economy.

MSME Business Loan In Chennai

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Frequently Asked Question

How can I apply for a business loan in Chennai through Kfis?

To apply for a business loan in Chennai with Kfis, you can visit our website, fill out the online application form, or contact our team directly. We will guide you through the process and help you gather the necessary documentation.

What are the eligibility criteria for a business loan with Kfis?
  • The business must be stable for at least 24 months
  • The minimum age of applicant is 18 and maximum 65
  • The cibil score must be more than 700
  • The minimum monthly average GST sales must be 20Lakhs ( max infinity)
  • The constitution of the company must be a proprietorship, partnership, private limited company, OPC company or a limited company
What documents are required for a business loan from Kfis?
  • KYC of the company such as registration of firm 
  • KYC of the promoter such as proof of valid identity and address 
  • The business operative bank statement for last 12 months
  • The monthly GST sales returns 
  • The last 2 years Income Tax returns
What are the interest rates for a business loan from KFIS?

Interest rates for business loans in Chennai with KFIS vary depending on the loan type, your business’s creditworthiness, and the loan amount. Please contact our team for the most up-to-date and competitive rates.

How can I apply for an unsecured business loan up to ₹5 crore from KFIS in Chennai?

To apply for an unsecured business loan up to ₹5 crore with KFIS in Chennai, visit our website, fill out the online application, or get in touch with our team directly. We’ll guide you through the process, helping you gather all necessary documents.

Do I need collateral to apply for an MSME business loan?

KFIS offers both secured and unsecured MSME business loans. If you qualify for an unsecured loan, no collateral will be required. However, secured loans may require assets as collateral depending on your loan amount and profile.

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