Best Business Loans in Chennai
Chennai is one of the biggest metropolitan cities in India with and a great commercial centre with its port and infrastructure. There are a lot of small, medium and big businesses which have been set up in the city in a variety of sectors. With the expansion and addition to the population of the city along with improving infrastructure, commerce has also taken off providing opportunity to a lot of individuals. Apart from the traditional sectors like jewellery, fabrics and manufacturing, a lot of new ventures have been established in sectors like retail, IT, food etc. The finance to fund and expand these businesses is availed in the form of business loans which are provided by all major banks, NBFCs as well as private finance.
So whether you are an established or new business in Anna nagar, Velachery, Mylapore or Nungambakkam etc access to finance is always possible through business loan in Chennai. All major banks and financial institutions will be willing to provide you with large and small business loans if you meet their eligibility criteria. In other cases, there is also access to a pool of private lenders who will be willing to advance business loans to appropriate entities if you meet their own factors. Access to private lending through private financiers might be possible even if you do not meet the cut on certain factors.
Some of the documents required are a business loan in Chennai are company ID proof, IT returns for 3 years, your bank statements, audited financials, address proof, Board resolution, etc.
If you are looking for business finance in Chennai then you can approach banks and NBFCs like HDFC, ICICI, Axis, Kotak, Bajaj Finserv, Tata Capital and Fullerton through our website. You can also look at securing private finance to fund your entrepreneurial dreams through business loan in Chennai. For more information and details on the entire process contact us by filling in your details on our application form.
Banks and NBFCs offering business loans in Chennai
ICICI Bank - is the second largest private sector bank in India which has approximately about 84 full and part service branches in the city of Chennai
HDFC Bank - is the largest private sector bank in the country and operates in Chennai from approximately about 91 branches
Axis Bank - is the third largest bank in the country in the private sector and operates about 60 branches in the city of Chennai
Kotak Bank - is a large bank in the private sector which works in about 16 branches in the city
Citibank - is operating out of about 1 branch in the city of Chennai
Bajaj Finserv - is one of the largest NBFCs in India with 5 branches in Chennai city
Tata Capital - is again a well-known NBFC with about 2 branches in Chennai
Fullerton - services the entire city of Chennai through their 2 branches