Why Tata Capital Business Loan?

Here’s why our Business Loan is the perfect match for you:We don't ask for any security or guarantor for our Business LoanYou get the flexibility of choosing from business loan repayment optionsFor our existing customers, we regularly provide exclusive pre-approved offers on business loansConvenient Online access to all details regarding your business loan.We offer unsecured business loans up to ₹75,00,000We seek minimum documentationWe give you quick online approval once you share the minimum documents we need

How does a business loan work?

A typical structure of a business loan involves a lending institution extending capital to a business owner, for which interest is charged. The business owner must pay back the business loan amount along with the applicable interest, in the form of Equal Monthly Instalments (EMIs), over a predetermined period of time known as loan tenure.Three core components make up a business loan –Principal amount – Also known as the loan amount, the principal is the sum of money a business owner borrows from a lending institution.Rate of interest – The rate of interest is the cost of borrowing the business loan, generally expressed as a percentage of the principal amount. This is the amount that you need to pay in addition to the principal loan amount.Loan Tenure – The tenure is the period for which the business loan is borrowed. Business loan tenure is calculated from the date of first disbursement till the date of payment of the final disbursement.

What are the different types of business loans?

Lending institutions offer different types of business loans, designed to meet specific needs. They are as follows –Machinery loans –Machinery loans are designed exclusively to meet the expansion needs of businesses via the purchase of advanced machinery and equipment.MSME/SME loans –Designed to encourage the growth of small and medium-sized business enterprises, MSME/SME loans is a credit facility that can be availed for purchasing equipment, meeting operational expenses, and upgrading infrastructure.Business loans for women –These loans are extended to women business owners to help them expand their business and push them towards financial independence.

How much EMI do I need to pay for a business loan?

The amount ofbusiness loan EMIthat you will be required to pay towards the repayment of your business loan will largely depend upon three factors, as given below –Principal loan amount –The higher the principal amount, the higher will be the EMI amount you will need to pay.Rate of Interest –The higher the rate of interest, the higher will be the EMI amount you will need to pay.Loan Tenure –The EMI is inversely related to the loan tenure. The shorter the loan tenure, the higher will be the EMI amount you will need to pay.For a quick and accurate assessment of your business loan EMIs, use a handy online tool such as thebusiness loan EMI calculator.

How to get a business loan?

You can get a business loan from the lending institution of your choice in a number of ways, depending upon your convenience and the options offered by your lender.Visit a nearby branchApply online via the lender’s websiteTalk on call with the lender’s relationship managersSend an email to your lender’s customer support mail addressUse the lender’s 24x7 virtual assistant featureTo avail a business loan with Tata Capital, simply apply for abusiness loan onlineor call on 1860-267-6060. You can also mail us atcontactus@tatacapital.comor visit any of our branches.

How to get a business loan approved for an online business?

You can take an online business loan for your online retail store or e-commerce website. You must fulfil the following criteria for swift online business loan approval:CIBIL score should be above 700Your business must be profitable for three consequent financial yearsYour turnover must show an upward trendA CA should audit your balance sheet

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Business Loan in Jaipur

Business Loan in Jaipur

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Business Loan offerings and advantages in Jaipur

Easy-to-meet eligibility
For most small to medium businesses, getting an affordable loan can be quite challenging. But not with Tata Capital. With our easy-to-meet eligibility criteria, you can acquire the desired funds in the least possible time. This way, you can grab the various business opportunities that this city has to offer conveniently. Qualify for a loan with ease and expand your marketing potential to establish a profitable business.

Flexibility
Jaipur houses several high-demand industries that need solid financial planning to meet the ever-increasing customer needs. Then, with a business loan in Jaipur from Tata Capital, you can cater to all the financial needs of a growing business effortlessly. Whether you need to manage your everyday costs like wages, rent, and other expenses, invest in additional stock, upgrade business technology, and so on, a business loan from Tata Capital will ease all your financial worries.

Loan Amount

₹ 0.40 lakh to ₹ 90 lakhs

Loan Tenure

12 to 60 months

Self-Employed Non-Professional Interest rate starting @

15%-25%

Self-Employed Doctors Interest rate starting

@ 12.00%-15.00%

Self-Employed Professional Other than Doctors Interest rate starting

@ 13.00%-17.50%

Special Scheme for Women Entrepreneurs

The ‘Pink City’ of India boasts of the popular tourism industry and offers ample business opportunities in jewellery, antiques, handicrafts, and more. If you're a woman entrepreneur wishing to establish your business in Jaipur, here are the various government schemes especially for you

Pradhan Mantri Rozgar Yojna

Under the Pradhan Mantri Rozgar Yojna, women entrepreneurs looking to start their business in various industries can avail a loan at subsidised interest rates. You can get a loan of up to Rs. 5 lakhs for industry-based start-ups and up to Rs. 2 lakhs for a services business.

Cent Kalyani Scheme

The Cent Kalyani Scheme provides financial help to women in the form of short-term working capital loans or cash credit facilities. You can apply for a collateral-free loan of up to Rs. 1 crore and help your business grow.

Mahila Udyam Nidhi Scheme

The Mahila Udyam Nidhi Scheme offer affordable finance amounting to Rs. 10 lakhs to women entrepreneurs wanting to set up businesses like a beauty parlour, auto-rickshaws, or more.

Purpose of Business Loans

Jaipur has a high number of small and medium businesses in various sectors that need regular funds for various business purposes. With a Tata Capital business loan, you can use the funds for different purposes such as.

Expand your existing business

Expanding your business requires sizeable capital. Whether you want to introduce a new product line or tap into a new market, a business loan can help you cover the expenses of business expansion without affecting your short-term funds.

Invest in new office space

When the business is booming, you might want to invest in additional office space to manage your growing operations. A business loan from Tata Capital offers you the funds you need to finance the cost of a new location, hiring movers, setting up the office, and more.

Purchase inventory

No matter the size of your business, you always need to have enough inventory or raw material at hand to meet the changing market demand. If you find yourself low on funds, a business loan can help you finance your inventory need for smoother operations.

What are Interest Rates for Business Loans in Jaipur?

Simply put, the interest rates on business loans depend on various factors like the nature of business, CIBIL score, business turnover, etc. To qualify for competitive Business Loans interest rates in Jaipur, you must fulfil the eligibility criteria set by the lender.

With Tata Capital, you can enjoy the best interest rates and flexible EMI plans for convenient repayment. This will make your loan much more affordable as the rate of interest directly affects your monthly EMI payments. Availing of the lowest business loan rates in Jaipur equals lower EMI per month so that you can repay the amount comfortably, without affecting the business cash flow.

Get in touch with Tata Capital and apply for a business loan in Jaipur that perfectly suits your business’s financial needs.

What are the eligibility criteria for a Business Loans in Jaipur?

Use our eligibility calculator to find out your eligibility in no time! The Business Loans eligibility criteria comprise various factors like business turnover, age, CIBIL score, etc. that you must fulfill to qualify for business finance:

CIBIL score of 700 or above
Age of the candidate: 25 to 65 years
The business turnover must display an upward trend
The business must show profits for at least three consecutive years
Balance sheet audited by a registered Chartered Accountant

What are the documents required for getting Business Loan in Jaipur?

Balance sheet and Profit and Loss Account

Company bank statements

Income tax returns

KYC documents of the business

KYC documents of the business owners

Photo ID proof

Business proof

A detailed business plan

Bank statements

How to calculate EMI for Business Loans Online?

Your Business Loan gets divided into equal, fixed payments called Equated Monthly Instalments or EMI, which you need to pay monthly to completely pay off the loan over the fixed period. With Tata Capital, you can avail a flexible loan tenure ranging from 12 to 36 months, as per your affordability. Your EMI comprises the loan’s principal amount and the interest accrued on it.

To ensure comfortable repayment, it is an excellent idea to estimate the EMI payments beforehand, using an online Business Loans EMI calculator tool. By entering your potential principal amount, rate of interest, and the preferred loan tenure in the loan EMI calculator, you can ascertain your business loan EMI in Jaipur. Accordingly, you can determine a suitable repayment plan that fits your other business expenses effortlessly.

So, before applying for a business loan in Jaipur, using an EMI calculator lets plan your future finances smartly.

How to apply for a Business Loan online in Jaipur?

Visit our website and click on the ‘Apply Now’ tab. Here, fill in the required details such as personal, financial, and business information in the short digital form. In addition, provide the loan details you wish to apply for.

Once we determine your business loan eligibility, you need to furnish the required business loan document to move forward with the application process.

We will verify your business loan application and the submitted documents. If all looks good, we will offer you an e-sanction letter and initiate the loan sanction process.

Finally, you will get the sanctioned loan amount directly to your bank account.

Apply Now

Other Ways to Apply for a Business Loan in Jaipur

Visit the branch
Visit one of our extensive networks of physical branches anywhere in the country and we will guide you through the process..
Online
Apply with a simple application process online on our digital platform and enjoy the convenience of affordable loans right from the comfort of your homes.
Virtual loan assistant
Apply for a business loan in Jaipur via our loan processing virtual assistant and unlock a new way of connecting with us!
Via phone call
Get in touch with us instantly and contact us at 1860 267 6060 to get started with your business loan application.

Popular FAQs

A business loan is an unsecured form of credit designed to fund the various capital needs of a business. Using different types of business loans, companies can scale new heights with increased manpower, advanced equipment, and faster turnaround time.

Here’s why our Business Loan is the perfect match for you:

We don't ask for any security or guarantor for our Business Loan
You get the flexibility of choosing from business loan repayment options
For our existing customers, we regularly provide exclusive pre-approved offers on business loans
Convenient Online access to all details regarding your business loan.
We offer unsecured business loans up to ₹ 75,00,000
We seek minimum documentation
We give you quick online approval once you share the minimum documents we need

You can repay through Post Dated Cheques, Electronic Clearance Service (ECS) or Direct Debit.

Business loans are available to both professionals and non-professionals that are self-employed. Business loans interest rates are highly competitive and are typically approved quickly. The following types of companies can secure business loans –

Sole proprietorship
Partnership firm
Private limited companies
Closely-held public limited companies
Societies
Trusts
Hospitals, nursing homes, diagnostic centres, pathological labs

A typical structure of a business loan involves a lending institution extending capital to a business owner, for which interest is charged. The business owner must pay back the business loan amount along with the applicable interest, in the form of Equal Monthly Instalments (EMIs), over a predetermined period of time known as loan tenure.

Three core components make up a business loan –

Principal amount – Also known as the loan amount, the principal is the sum of money a business owner borrows from a lending institution.
Rate of interest – The rate of interest is the cost of borrowing the business loan, generally expressed as a percentage of the principal amount. This is the amount that you need to pay in addition to the principal loan amount.
Loan Tenure – The tenure is the period for which the business loan is borrowed. Business loan tenure is calculated from the date of first disbursement till the date of payment of the final disbursement.

To avail a business loan, one must ideally have a CIBIL score of 700 or above. The same is true for both self-employed professionals such as doctors and engineers as well as self-employed non-professionals such as suppliers or manufacturers.

CIBIL or credit score plays a huge role in determining business loan eligibility. Since a company’s CIBIL score is its credit footprint, it enables lenders to know the timely repayment ability of the business loan applicant.

Business loans are typically short-term loans. Though business loan tenure may differ from lender to lender, most lending institutions extend business loans for a tenure ranging from 12 months to 36 months.

Lending institutions offer different types of business loans, designed to meet specific needs. They are as follows –

Machinery loans – Machinery loans are designed exclusively to meet the expansion needs of businesses via the purchase of advanced machinery and equipment.
MSME/SME loans – Designed to encourage the growth of small and medium-sized business enterprises, MSME/SME loans is a credit facility that can be availed for purchasing equipment, meeting operational expenses, and upgrading infrastructure.
Business loans for women – These loans are extended to women business owners to help them expand their business and push them towards financial independence.

The amount of business loan EMI that you will be required to pay towards the repayment of your business loan will largely depend upon three factors, as given below –

Principal loan amount – The higher the principal amount, the higher will be the EMI amount you will need to pay.
Rate of Interest – The higher the rate of interest, the higher will be the EMI amount you will need to pay.
Loan Tenure – The EMI is inversely related to the loan tenure. The shorter the loan tenure, the higher will be the EMI amount you will need to pay.

For a quick and accurate assessment of your business loan EMIs, use a handy online tool such as the business loan EMI calculator.

You can get a business loan from the lending institution of your choice in a number of ways, depending upon your convenience and the options offered by your lender.

Visit a nearby branch
Apply online via the lender’s website
Talk on call with the lender’s relationship managers
Send an email to your lender’s customer support mail address
Use the lender’s 24x7 virtual assistant feature

To avail a business loan with Tata Capital, simply apply for a business loan online or call on 1860-267-6060. You can also mail us at contactus@tatacapital.com or visit any of our branches.

Yes, just as your CIBIL score has a say in your business loan approval, your repayment of the business loan will affect your future credit score. Timely payment of loan EMIs will pose you as a low-risk borrower in the eyes of future lenders and hence, will enhance your CIBIL score.

Business loans can be availed for a variety of reasons. You can use different types of business loans to purchase infrastructure for expanding operations, to increase production via the purchase of new and advanced machinery, to purchase and store inventory in advance of seasonal sales, to build a workforce of skilled employees, and to increase working capital.

Yes, you can get a business loan without any collateral or security.

You can take an online business loan for your online retail store or e-commerce website. You must fulfil the following criteria for swift online business loan approval:

CIBIL score should be above 700
Your business must be profitable for three consequent financial years
Your turnover must show an upward trend
A CA should audit your balance sheet

Business owners have business and personal credit.

Loans for sole proprietorship and partnership businesses are guaranteed by an individual. So, the loan is reflected in your personal CIBIL report. However, if your company’s structure is LLC, then the business loan affects only the business’ CIBIL score.

Any interest levied on a business loan is exempt from taxation. This is because the interest paid is considered to be a business expense and not revenue. Registering as an MSME can also help you avail of business loan tax benefits on excise and other charges.

However, the principal amount is not tax-deductible.

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