Apply for loan on HIPL app available on Google Playstore and App Store Download Now

Get Business Loan in Goa with Quick Disbursal

Goa City is a popular tourist destination in India. It is known for its beautiful beaches, vibrant nightlife, and delicious food. The city is also home to a number of historical and cultural attractions, such as the Basilica of Bom Jesus, the Adil Shah Palace, and Fort Aguada. The city’s economy is based on tourism, agriculture, and fishing. So if you are a resident there and interested in getting a new loan, we are here to help you get them instantly. 

Get a collateral-free Business Loan of up to Rs. 50 Lakhs in Goa, approved instantly. If you're a business in Goa that needs funding, Hero FinCorp's Business Loan is a great option. Apply today and get the funding you need to grow your business.

Business Loan EMI Calculator

Calculate your EMI and choose the most suitable EMI for you

₹ 0
₹ 0
₹ 0

Features And Benefits of Business Loan in Goa

Hero Fincorp Business Loan in Goa offers high loan amount, attractive interest rate, collateral-free, flexible repayment tenure, and instant approval.

high-loan-amount.png
High Loan Amount

Get up to Rs 50 Lakh with our Business Loans, based on criteria.

applicable-rate-of-interest (1).png
Attractive Interest Rate

Hero FinCorp Business Loan in Goa offers competitive interest rates for business owners.

Collateral.png
Collateral Free

Hero FinCorp Business Loan in Goa is collateral-free, no assets needed.

flexible.png
Flexible Repayment Tenure

We offer a flexible repayment tenure of up to 4 years.

high_loan_amount_efc370300e.png
Instant Approval

Get instant Business Loan approval and quick access to funds with us.

Eligibility Criteria for Business Loan in Goa

Are you looking for an instant Business Loan in Goa? If so, you need to meet our eligibility criteria. Here are the eligibility criteria for business loan:

HFCL_age_icon
Age

Hero FinCorp Business Loans sets age criteria for applicants between 25 and 65 years.

citizenship.png
Occupation

Whether self-employed or managing a business, your professional stature impacts loan eligibility.

work-experience.png
Business Status

A business's longevity reflects stability; we require a minimum of five years of operation.

monthly_income.png
Maximum Loan Tenure

Our loan terms can span up to 4 years. This helps borrowers in better financial planning.

Maximum Loan Amount

With a vision to elevate businesses, our loans go up to Rs 50 Lakhs.

Minimum Income

No minimum income is required, but consistent revenue highlights your business's financial health.

Documents Required for a Business Loan in Goa

The documents required will vary depending on your occupation and the amount of loan you are applying for. However, some of the most common documents required for business loan include:

mand-doc.png
Mandatory Documents

KYC documents for all business partners, stakeholders, and directors

identity.png
Proof Of Identity

Aadhaar Card, PAN Card, passport, or any other valid identity proof issued by the government

area_of_residence.png
Business Address Proof

Utility Bills, bank statements, or another document to verify your business address

ownership.png
Business Continuity Proof

Partnership deed, certificate of incorporation, or another registration document verifying your business structure

income.png
Income Proof

Bank statements for both personal and business accounts showing your cash flow

Other Documents (if applicable)

Balance sheets, profit and loss statements, past few years’ ITR showing your business performance

Interest Rates and Charges for Business Loan in Goa

Hero FinCorp’s interest rate on a Business Loan in Goa will depend on a number of factors, including the amount of the loan and your credit score. Here is a table that shows some of the most common fees and charges:

Maximum Loan Amount

₹5 Lakh to ₹ 50 Lakh

Maximum Loan Tenure

1 Years (Min.) – 4 Years (Max)

Interest Rate

Starting from 14% P.A.

Processing Fee

Minimum Processing fee is 1%+ GST

Foreclosure Charges

As described in Sanction Letter cum KFS

How To Apply For a Business Loan in Goa?

Here are the steps you need to follow to apply for a Business Loan in Goa:

hfc_app.webp

Online

  • 1

    Visit the Hero FinCorp website and reach the Business Loan page.

  • 2

    Fill out a business loan application form and upload the required documents.

  • 3

    Enter the Business Loan amount and select the repayment tenure.

  • 4

    If you fulfil the eligibility criteria, you will receive a reference number.

  • 5

    A representative will contact you for further details.

Frequently Asked Questions

There are two types of interest rates available on Business Loans -
There are a number of ways to get a startup loan in Goa, India. You can apply for a Hero FinCorp Business Loan and get a lump sum amount to give a head start to your business.
In Goa, several loan schemes are available for women entrepreneurs, including the Swayam Shakti Yojana, providing up to Rs 10 lakhs for starting businesses; the Mahila Udyog Vikas Yojana, offering up to Rs 25 lakhs for business expansion; and the Grahini Mahila Udyog Yojana, supporting women in starting/expanding businesses in rural areas with loans up to Rs 10 lakhs. While female entrepreneurs may find it tedious to apply for government schemes, Hero FinCorp can help them get Business Loans up to Rs 50 Lakh without collateral.