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Get Business Loan in Kanpur with Quick Disbursal

Financial support is of significant importance for businesses in Kanpur seeking to grow operations or manage cash flow effectively. Whether you are a new business launching into the market or a long-standing company seeking growth, understanding the diverse options and requirements for business loans is essential. Our guide examines the landscape of business loans in Kanpur, including eligibility criteria, application processes, interest rates and key considerations to support businesses to make decisions that align with their strategic goals.

Hero Fincorp offers business loans in Kanpur for up to ₹50 Lakhs with instant approval. Apply now and get the appropriate financial support for your business instantly and take advantage of big opportunities promptly. Whether you need funds to add new business branches, buy new machinery, or handle working capital, Hero Fincorp offers the financial push to get you started with your next big move in the world of business.

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Features And Benefits of Business Loan in Kanpur

Sometimes, unplanned expenses or opportunities to expand the business may arise, and you might find yourself worried about where to source the needed money. At Hero Fincorp, we realise that, and this is why we provide business loans in Kanpur without security tailored for your business to grow. Here are some of the benefits of a Hero Fincorp Business Loan in Kanpur:

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High Loan Amount

Get business loans in Kanpur from Rs 5 Lakh to Rs 50 Lakhs to fund your goals.

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Attractive Interest Rate

Hero FinCorp offers business loans at attractive interest rates of up to 14% per annum.

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Collateral Free

Hero FinCorp Business Loans in Kanpur require no collateral, simplifying the process.

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Flexible Repayment Tenure

Hero FinCorp offers flexible repayment tenures upto 48 months tailored to your business’s cash flow.

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Instant Approval

Hero FinCorp's fast application process ensures instant loan decisions for smooth business operations.

Eligibility Criteria for Business Loan in Kanpur

Various categories must be fulfilled to get an instant business loan in Kanpur without security. These criteria ensure loans are available to many companies while maintaining prudent lending practices. Here are the eligibility criteria for business loan:

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Age

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

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Occupation

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

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Business Status

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

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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 Kanpur

To apply for a business loan in Kanpur there are certain documents required during the application process. Get these business loan documents ready to streamline the process:

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Mandatory Documents

KYC documents for all business partners, stakeholders, and directors

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Proof Of Identity

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

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Business Address Proof

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

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Business Continuity Proof

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

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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 Kanpur

Hero Fincorp provides competitive interest rates for business loan to meet your business needs effectively. Interest rates are typically based on loan amount, tenure, and the applicant's credit score. Hero Fincorp offers competitive rates, making it easy for businesses to finance their growth without significant financial strain.

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 Kanpur?

Hero Fincorp provides clear instructions to ensure a smooth application process:

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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.