Electronic Store Business Loan

Looking for a business loan for an electronic stop in India? We at Ziploan offer hassle-free electrical business loans of up to 7.5 lakh to meet your financial requirements. You can get small funds for your electrical store in just 3 days* after submitting a few documents.

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instant business loan

ZipLoan is the Lender of Choice for Small Businesses.

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Minimal Documentation

No balance sheet needed

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No Prepayment Charges

After first 6 EMIs

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Receive Funds Within 3 Days*

Straight into your account

What is Electronic Shop Loan?

Electronic and electrical business loan is a kind of business loan that financial institutions provide to electronics products suppliers to renovate showroom, manage inventory, hire staff, advertising and marketing and manage working capital, etc.

Top Features of Electronics Business Loan From Ziploan:

  • Finance up to Rs 7.5 lakhs - We offer an electronics shop business loan of up to Rs 7.5 lakhs. The ticket size is flexible, so you can choose the amount that you need.
  • Loan in 3 Days* - We use online document submissions to expedite our application processing.
  • Apply Online - To make the application process easy and convenient for our customers, the entire application process is done online. We also offer same-day approvals with disbursals within three days after the documents are submitted and verified.
  • Best Interest Rates - Our electronic business loan interest rates are determined by the ability of your business to repay the loan.
  • Flexible Repayment Tenure - We offer loan EMI repayment starting from 12 months to 36 months. Thus, you get enough time to pay the loan EMI.
  • No Prepayment Charges - No prepayments after the first six EMIs have been paid (excluding the pre-EMI).

Benefits of Electronics Business Financing from ZipLoan

The following are the benefits of availing of an electronics store loan from us:

Eligibility Criteria for Electronics Business Loan

To allow as many businesses as possible to qualify for our electronics store finance, we have made our eligibility criteria are simple.

Documents Required for Sanitaryware Shop Loans

 ProprietorshipPartnershipPvt. Ltd. / LLP / One Person Company
Bank statement (12 months)
Business registration proof
PAN Card
Aadhar Card
ITR of the previous two years

Hardware Products Retailer Loan Fees & Interest Rate

Customized Interest RatesYes
Loan Tenureup to 36 months
Pre-closure chargesNil** after paying the first 6 EMIs
Eligibility CriteriaAnnual turnover more than Rs.10 lakh
Loan Amount₹ 1 Lakh – ₹ 7.5 Lakh

How to Apply for an Electronics Business Loan

Here are three steps process to electronics business loan apply online from ZipLoan:

 

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Solving Real problems

Ram Yadav

I have been running my business for over twelve years but have not been able to undertake expansion activities. I applied to Ziploan and they cleared my loan application in a very short span of time.

Kanchan Lata

I approached Ziploan for an equipment finance loan. Their eligibility criterion was easy to fulfill because it required only 2 years ITR and 10 lacs of annual banking credit.

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