About Us

Small Business Loan

For whom
  • Ideal for small businesses like kirana shops, grocery stores, ready-made garment shops, hardware stores, pharmacy, any store doing retail business etc
  • Businesses with a monthly turnover of less than Rs 5 lacs Proprietary
  • Single owner enterprises
Purpose
  • Meeting the working capital requirements
  • Stock purchase
  • Meeting sudden spike in demand during the festive season
  • Business expansion/ Renovation of the premise
Key Features
  • Easy & quick disbursement process
  • Loan amounts from Rs. 1,50,000 to Rs. 5,00,000
  • Insurance against the borrowed loan amount
  • Disbursement directly credited to your bank account
  • Loans ranging from 6 months to 36 months
  • Repayment via EMIs through NACH/SI registered Bank debits
Benefits
  • Simplified documentation
  • Opening a Current or Savings A/C with the Bank
  • Quick processing
  • Insurance coverage of loan for the borrowers/ co-borrowers
  • Insurance coverage of natural calamities/ theft or stock and fire
  • No collateral required
  • Top up loans
  • Secured/ Unsecured Overdraft facility
  • Recurring Deposits for short term goals
  • Platform provided to do digital business like Amazon, Big Basket etc
  • No hidden charges
Document Required:
  • Pan Card
  • Voter ID
  • Aadhar Card (Optional)
  • Updated Banking statements for the last 6 months
  • Address proof of residence- electricity bill/ rent agreement
  • Either shop or home should be owned with proof
  • Address proof business electricity bill/ rent agreement
  • Shop and establishment license or valid business proof
  • Last 2 years ITR/ GST or last 1-year purchase/ sales bill
Fees & Charges
Apply Now

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For any query dial Toll Free No :- 1800 266 7711
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Suryoday Small Finance Bank Ltd. CIN No: U65923MH2008PLC261472
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