Looking for a grocery store loan to grow your business faster than before? We at Ziploan offer hassle-free business loans of up to 7.5 lakh to meet your financial requirements. You can get a fast MSME loan online in just 3 days* after submitting few documents.
No balance sheet needed
After first 6 EMIs
Straight into your account
| Proprietorship | Partnership | Pvt. Ltd. / LLP / One Person Company | |
|---|---|---|---|
| Bank statement (12 months) | ✓ | ✓ | ✓ |
| Business registration proof | ✓ | ✓ | ✓ |
| PAN Card | ✓ | ✓ | ✓ |
| Aadhar Card | ✓ | ✓ | ✓ |
| ITR of the previous two years | ✓ | ✓ | ✓ |
| Customized Interest Rates | Yes |
| Loan Tenure | up to 36 months |
| Pre-closure charges | Nil** after paid the first 6 EMIs |
| Eligibility Criteria | Annual turnover more than Rs.10 lakh |
| Loan Amount | ₹ 1 Lakh – ₹ 7.5 Lakh |
The small grocery stores in India require external funds since they often run into problems with their cash flow. Competing with the big players in the market, such as Walmart is not an easy task. Loans for your grocery store business can also be required to run the business efficiently and make good profits. Maintaining good inventory is also important for a grocery store owner to take full advantage of.
In all, grocery store business loans can be very beneficial for the store owner. He can use it in a number of ways to help his business grow. We offer small business loans for a grocery store at the most competitive interest rates in the market. Our different business loan products include MSME loans, machinery loans, shop loans, Flexi loans, term loans, working capital loans, and bakery loans.
Our grocery financing is hassle-free and doesn't need a bundle of documents. That is you are not required to provide us any asset – we offer business loans entirely on the basis of your creditworthiness. Our grocery business loans are designed in a way to help you in your business. All your small business funding for the grocery store is offered online and you can apply for them without visiting our office.
Here are three steps process to grocery shop loan apply online from ZipLoan:
The grocery store business loans can be used in the following ways to grow business:
How do I get a loan for a grocery store?
To avail of a business loan for a grocery store, you can visit Ziploan website or use our app.
Can I get a loan for a departmental store?
Yes, you can avail of a loan for grocery stores up to Rs. 7.5 lakh.
How much investment is required to open a supermarket?
The grocery store investments start from anywhere from Rs. 10 Lakh to 2 Crores. It depends on the size, shape, capacity, and infrastructure, etc of the store.
What is the grocery profit margin?
Conventional grocery store chains have an average profit margin of about 2.2%.
