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Business Loan for Grocery/Kirana Store

Get a business loan for a grocery store at FlexiLoans and take your business to greater heights of success in no time at all. We are into providing small business loans for grocery stores with rates of interest that can be merely surprising, especially for the ones who fear high rates of interest. Our basic eligibility requirements for availing of a business loan for a Kirana store in India will make the loan application procedure easier for you. Not to mention, you will have to provide very few documents for the loan to get approved.

Get Grocery Store Financing without any Hassle

At FlexiLoans, we have a clear understanding of the fact that not all businesses can avail secured loans because of the unavailability of assets. Thus, we work to help such businesses run their grocery stores most efficiently. With us, you can avail of loans without providing any security or collateral. All our term loans for Kirana store and vendor financing products come without collateral with the loans being disbursed within just two to three working days.

Growing Your Grocery Business with Line of Credit Loans from FlexiLoans

Once you complete the process of meeting the eligibility requirements for availing loan against POS or other financing options from FlexiLoans, you can get funds immediately in your account. You do not require any collateral, security or guarantee for availing such loans from us. And yes, you also do not need a guarantor. The ones who are interested in availing grocery store loans from us can check our online portal for understanding whether they are eligible or not. We are into providing loan amounts up to 1 crore while disbursing the loans at an instant. With us, you also get the facility of premature loan closures. Also, there is no documentation involved in applying for grocery store loans from us with everything carried out online.

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Eligibility Criteria for Kirana Store Loan

Minimum Business Vintage	1 year
Monthly Business Sales Minimum	2,00,000

Documents Required & Basic Eligibility for Grocery Business Loan

Personal KYC	PAN card
Residential Address Proof (Any One)	Rent Agreement \| Driving License \| Voter's ID \| Ration Card \| Passport \| Aadhar Card
Banking	Last 6 months current account bank statements
Business KYC (Any One)	GST Registration Certificate \| Shops & Establishment Certificate \| Business PAN Card

Frequently asked questions

What are the purposes for which I can get a loan via FlexiLoans?

FlexiLoans is here to provide you financial access for your business funding needs. You have to undergo simple and transparent Credit Evaluation, basic documentation before we disburse the loan. You may get loans via FlexiLoans for:

Expanding your business
Servicing regular working capital needs
Managing seasonal working capital requirements
Manage short term cash flow gaps

Why should I avail loan via FlexiLoans?

Quick credit assessment ensures fast disbursal of loan at best rates and flexible terms, thus providing financial access at a click! Our business is to help you grow your business.

What documents are required to apply for a loan?

KYC document

- Pan card

Proof of residential address (any one)

- Rent Agreement
- Driving License
- Voter's ID
- Ration Card
- Passport

Banking

- Last 6 months of bank statement of current account

Business KYC (any one)

- GST Registration Certificate
- Shop Establishment Certificate

Financial documents (For loans greater than 20 Lakhs)

- 2 years Audited financials
- Last 2yrs ITR
- GST Returns of 6 months

Are there any charges other than interest rate that I have to pay to avail the loan?

We may charge processing fee to facilitate the loan towards legal and documentation charges. You may be charged penal charges for late or irregular payment behavior.

Can I apply for an MSME loan for a supermarket?

Yes, you can apply.

How to get a business loan from Kirana shop?

Basic eligibility for a business loan for Kirana shop is that your business should be running for at least 1 year and has monthly total sales of at least ₹2,00,000.