One of the greenest cities in India, Bhopal has many natural & artificial lakes. It is home to numerous educational & research institutes. Cotton & flour milling, cloth weaving & painting, switch gears, traction motors, heavy electrical equipment, matches, sealing wax, sporting goods, etc., are all flourishing in the city.
A business loan of up to Rs. 7.5 lakh is now available from Ziploan for Bhopal based businesses. We have simple criteria and an easy application process.
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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
Features and Benefits - Business Loan in Bhopal
MSME Finance up to Rs 7.5 lakh – We offer small business loans for MSME ranging from Rs. 1 to 7.5
Loan in 3 Days* - Once we receive your documents for a business loan, we disburse the funds within three days*.
Apply online - We have made the entire business loan application process easy and convenient.
Best interest rates - Using an automated process and no manual intervention, we are able to offer fair business loan interest rates. Your business's repayment ability determines the interest rate.
Flexible repayment tenure - We offer repayment tenures ranging from 12 to 36 months. Hence, you will have sufficient time to repay the loan.
No prepayment charges - MSME finance at no prepayment charges after six EMIs (excluding pre-EMI).
A large number of educational & research institutions are in Bhopal. The city is proud of its reputation as a clean and smart city. There are a number of industries in Bhopal, including electrical goods, chemicals, cotton, etc.
Boost your business growth with a business loan in Bhopal from Ziploan. You can manage working capital, purchase inventory, and purchase new machinery with our finance help. Flexible repayment terms and competitive interest rates help you close the loan efficiently.
Equated Monthly Instalments (EMIs) let you pay off a loan in affordable monthly payments. Ziploan offers you a convenient EMI repayment option. You can repay the loan amount between 12 and 36 months.
P: Loan amount, r: interest rate, n: tenure in number of months
How to Apply for Business Loan in Bhopal
To apply for a business loan online from ZipLoan, follow these three steps:
Submit Application - Complete our online application to receive a business loan offer.
Upload Documents - Verify your documents in one step by uploading digital copies.
Get Sanctioned - Your business loan will be approved within 3 days* and disbursed.
Types of Business Loan Available in Bhopal
Here are the types of business loans that are available to you:
Short-term loan: Finance for specific business areas on a short-term basis or for employee salaries or purchasing assets for the business. An owner of a business takes out a term loan to borrow a specific amount of money and repay it with interest over time.
Business credit line: A specific amount of money is available to the business owner at any time. Similar to a credit card, revolving credit provides a credit that resets once the amount withdrawn is paid in full.
Equipment financing: To purchase business equipment, or to purchase machinery, a business owner will need funds.
Invoice financing: Business owners borrow money against customer invoices. A short-term requirement, it helps businesses manage cash flow, pays employees and suppliers, and boosts growth.
Frequently Asked Questions
How to get a business loan in Bhopal?
You can get a business loan of up to Rs. 7.5 lakh from ZipLoan in Bhopal
How do I calculate the EMI for the business loan?
It is easy to calculate EMI on our website by using our online calculator. You need to enter the principal loan amount, tenure of the loan in months and the rate of interest
Who can get a business loan from ZipLoan?
Businesses with more than 2 years of vintage qualify for a business loan. Besides, their previous year's turnover should be more than Rs. 10 lakh and they must have filed an ITR of more than Rs. 1.5 lakh in the last year.
What documents required to get a business loan from ZipLoan?
The documents required for a business loan from ZipLoan are PAN card, Last 12 months Bank Statement, Last 1 year’s ITR, Address proof, Aadhar card, etc.
How can I get a loan for small business?
To avail a small business loan, the business owner can visit our website and fill the loan application form online. Or he can also apply through our mobile application.
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.
Babu Lal
I always thought that loans and credit facilities were only available to large businesses with significant turnover. I never thought I would be eligible to qualify for a business loan too. Ziploan is boon for small enterprises like me.
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