Business Loan in Roorkee

Majorly known as Roorkee Cantonment, Roorkee is one of country’s oldest military abode. It is home for small business owners, whose contribution has helped in the growth of the city. The major economic activity is agriculture as the region is rich with alluvial soil. Livestock breeding & production and fisheries have also contributed to economic growth.

Drawing & survey industry one of the oldest, from the British era and are the reputed survey instrument manufacturers. The other small scale industries are pharma, software, power solution, metal & alloys, packaging, auto parts & others. Rising tourist footfalls in the area have led to the emergence of hotel & restaurants, pubs and cafes, etc. Apart from this, there is various research institute like IIT Roorkee which is boosting the economy of the city. As the economic activity is driven by small businesses, hence they must manage the funds from different financial institutions so that the business functions smoothly.

instant business loan

ZipLoan is the Lender of Choice for Small Businesses.


Minimal Documentation

No balance sheet needed


No Prepayment Charges

After first 6 EMIs


Receive Funds Within 3 Days*

Straight into your account

Business loan - Features and Benefits

Reasonable Interest Rate: The business loans are available at a competitive rate of interest from ZipLoan.

No Hidden Charges: The additional charges such as insurance and processing fee is communicate clearly

No Prepayment Charges: Settling of the business loan in Roorkee before the completion of the repayment tenure do not attract any prepayment charges if the foreclosure takes place after 6 months of the EMI repayments.

Unsecured Business Loan: Availability of collateral-free loan to meet the different business requirement of the small business owners so that they can focus on their business stress-free.

Loan for a Concise Period: The business loan is available for the maximum tenure of 3 yrs.

EMI Calculator Facility: Use ZipLoan’s business loan EMI Calculator to check the interest rate, tenure and amount to know your capacity to repay the business loan.

Account Access: Business owners can access their loan account anytime on the ZipLoan App.

Business loan Eligibility Criteria

The eligibility criteria for applying for a business loan in Rishikesh are:

  • The business should be at least 2 years old
  • Minimum 5 lakh of annual banking credit
  • Last year Income Tax Return should be more than INR 1.5 lakh
  • Either house or business premises should be self –owned

Business Loan Documents

Following documents are necessary to apply for a business loan from ZipLoan:

  • PAN card
  • Last 12 months Bank Statement
  • Last 1 year’s ITR
  • Address proof
  • Aadhar card

Business Loan Interest Charges

Get information about the business loan interest charges and the nominal rates for the ZipLoan business loan.

Types of Business Loan available in Roorkee

  • Working Capital Loan – Working capital management outlines the daily activities of the entrepreneur. Working capital loans are used to cover payables, dues, wages and various other operational expenditures
  • Equipment Financing Loan – It is a kind of funds required to invest in the purchase of machinery & tools for manufacturing good volume of products
  • Small Business Administration Loan - SBA loans help small businesses to acquire required capital & funds to invest in their business. The loan gets delivered through banks or agencies that provide good services.
  • Micro Loan – A small sum of money is provided to meet the unprecedented crisis, expansions, capital payments and to manage few setbacks. The interest rates are very competitive by the bank or the lending agencies as the loan amount is very small
  • Business Loans Without Security – The loan is provided without any security or assets. However, thorough background checks such as credibility, financial strength, annual turnover, cash flow and risk potential, etc. are done. As the unsecured business loan attracts high risk so the business owners are trusted with the good credit scores, KYC and business documents and the banking account statements.
  • Business Credit Cards – It is availed during an emergency when the small business owners want to pay off immediate expenses that can be for settling an invoice or crop up cost.

How to apply for a business loan in Roorkee?

You can conveniently avail a business loan in Roorkee by following these simple 4 steps:

  • Apply Online: Duly fill the business loan application form on our website to apply for a small business financing in Roorkee. You can also download the ZipLoan Android App from the Google Play Store and apply for easy business loans in Roorkee.
  • Submit Required Documents: After applying for loans for small business in Roorkee, submit the PDFs of the required documents.
  • Business Loan Approval: Our representative will process your business loan application within a few hours after you submit it. We have our own holistic credit evaluation process, ZipScore.
  • Business Loan Disbursement: Our business loan disbursement process is very quick and we disburse the business loan in Roorkee within a few hours after you sign a contract with us.

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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