BUSINESS LOAN IN RANCHI

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Business Loan in Ranchi

Ranchi is the capital of the state of Jharkhand and is divided into two major subdivisions, namely, Bundu and Ranchi. 

Ranchi is also known for the cricketer, Mahindra Singh Dhoni and secondarily, for its huge business opportunities available to business enthusiasts. FlexiLoans can offer you the best business loan in Ranchi without any collateral. So, the next time you want an unsecured business loan in Ranchi, FlexiLoans should be your destination.


FlexiLoans- Your Ultimate Source for Small Business Loan in Ranchi

FlexiLoans is an NBFC or Non-Banking Financial Company offering small business loan in Ranchi. We offer GST business loan in Ranchi to medium and small-sized businesses at an affordable rate of interest. 

Our EMIs are extended to a time of 12 months with significant repayment flexibilities available to the borrowers. We are into offering different varieties of loan for business in Ranchi, which includes term loan and loan against POS.

Our line of credit loans is available for all those small and medium-scale entrepreneurs who find it difficult to avail loans because of their bad credit. Vendor financing from our end will help you in going good with your business even in times when you have outstanding payments remaining on your invoice.

For people who wonder how to get business loan in Ranchi, FlexiLoans come as the right solution. We do not leave a single stone unturned in providing the right services in this field.


Basic Eligibility Criteria

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

Documents Required for Business Loan in Ranchi

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.

How long does it take to get a business loan in Ranchi?

To get a business loan fully disbursed into your account, it usually takes around 48 to 72 working hours.

What security do I need to provide to avail a Business loan?

FlexiLoans provides only collateral free business loans. So, you do not need collateral for applying for a business loan.

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.

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

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.

To get a business loan fully disbursed into your account, it usually takes around 48 to 72 working hours.

FlexiLoans provides only collateral free business loans. So, you do not need collateral for applying for a business loan.