Business Loan in Madurai

Business Loan Offers in Madurai from HDFC, ICICI, Bajaj, All Banks

Last Updated 29th Nov 2021

An unsecured business loan is a collateral free loan taken to meet business requirements.
Lowest business loan interest rates starts @ 14.00% from different banks.
Business loan can be availed for a maximum tenure of 5 years.
Apply for business loan online at MyLoanCare and get attractive cashback upto ₹ 1,000.
Use Business Loan EMI Calculator to check your repayment capacity
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Kotak Bank has 0 branches, Syndicate Bank has 8 branches and Bank of India has 14 branches in Madurai.
Madurai is situated in the state of Tamil Nadu.

Apply for Business Loan @ 14.00%*

Full Name (As per PAN Card)

Mobile Number

Place of Current Residence or Pincode

Madurai

Loan Amount Needed

Type of Business

Annual Turnover

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Syndicate Bank Business Loan Branches in Madurai

MADURAI	MADURAI LIC SELLUR	MADURAI PONMENI
MADURAI THIRUPALAI	MELUR	MOONDRU MAVADI
RO MADURAI	THIRUMANGALAM

Click to know about Syndicate Bank Branch and Address detail in Madurai

Bank of India Loan Against Property Branches in Madurai

ANNA NAGAR	CHINNAKATTALAI	IYER BUNGLOW
JAIHINDPURAM	KURAYUR	MADURAI MAIN
MADURAI SERVICE	MATTUTHAVANI	MILAKARANAI
S S COLONY	SINDHUPATTI	THIRUVALLUVAR COLLEGE
TIRUNAGAR	VADIPATTI

Click to know about Bank of India Branch and Address detail in Madurai

Bank SBI

Interest Rates @11.20%

Lowest EMI Per Lakh ₹ 2,594 for 48 Months

Customer Rating

3.3/5.0

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Bank HDFC Bank

Interest Rates @11.90%

Lowest EMI Per Lakh ₹ 2,628 for 48 Months

Customer Rating

4.5/5.0

Compare Rates Apply Now

Business and / or residence located in any of the following approved areas

Aavin Nagar
Aaviyur
Alagappan Nagar
Alagar Kovil Road
Alanganallur
Anaiyur
Anbu Nagar
Andalpuram
Anna Nagar
Anuppanadi
Arapalayam
Arumbanur
Athanur
Athikulam
Avaniyapuram
Ayyanar Puram
Balarangapuram
Bama Nagar
Bibikulam
Bye Pass Road
Chatrapatti
Chinna Chokkikulam
Chittampatti
Chokikulam
Dindigal Highway
Doak Nagar
Durai Samy Nagar
East Veli Street
Ellis Nagar
Gayathri Nagar
Gomathipuram
Goripalayam
Iyer Bungalow
JEMI Balaji Nagar
K Pudur
Kadachanendal
Kalavasal
Kallandhiri
Kallikudi
Kannanenthal
Kappalur
Karumathur
Karuppayurani
Kidaripatti
KK Nagar
Kochadai
Kodaikanal
Kodikulam
Koodal Nagar
Krishnapuram Colony
Kulamangalam
Kunnathur
Lakshmipuram
LIC Colony
Lourdhu Nagar
Madakkulam
Mahatma Gandhi Nagar
Maistry Street
Manalur
Mappalayam
Mattiuttavani
Melakkal Road
Melamadai
Melur
Milakaranai Village
Minukkampatti
Mukkampatti
N M Sivanathan Nagar
Nagamalai
Nalukulam
NARAYANAPURAM
Narimedu
Natham Road
National Highway 7
Nayakkanpatti
Nedungulam
NH 45B
Nilakottai
Othakkadai
P and T Nagar
P.T.Rajan Road
Palangantham
Paravai
Pasingapuram
Pasumalai
Periya kodakovil
Periyar
Perungudi
Ponnmeni
Poovanthi
Pottapalayam
Pudhu Thamaraipatti
Puliyankulam
Rajakambeeram
Rajapalayam
Ramaond Reserve Line
S Alangulam
Sammattipuram
Sathamangalam
Sathya Sai Nagar
Sellur Road
Shakti Nagar
Sholavandan
Sikandar Savadi
Silaiman
Simmakkal
Solaipatti
South Veli Street
SS Colony
Subramaniapuram
Surya Nagar
T Pudupatti
T.Kallupatti
Tallakulam
Thai Moogambigai Nagar
Thanakkankulam
Thasildar Nagar
Thathaneri
Thathankulam
Thenpalanji
Thirumohur
Thirunagar
Thiruparankundram
Thiruppalai
Thoppur
Tirumangalam
Tiruppuvanam
TVS Nagar
Umachikulam
Usilampatti
Uthangudi
Vadipatti
Vadivelkarai
Valayankulam
Vandiyur
Vasanth Nagar
Velmurugan Nagar
Velvarkottai
Vilachery
Vilangudi
Villapuram
Virataipathu
Visalakshipuram
Vishwanathapuram

FAQs

✅What is the lowest interest rate on a business loan in Madurai?

The lowest rate of interest rate on a business loan in Madurai is 14.00%.

✅How long does it take to get a business loan in Madurai?

To get a business loan fully disbursed into your account in Madurai, it usually takes 10 - 15 days.

✅What is the minimum turnover requirement to get a business loan in Madurai?

Most of the banks ask for a minimum turnover of ₹ 50 Lakh but there are some banks or NBFCs that give a business loan at a minimum turnover of ₹ 12 Lakh in Madurai.

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Business Loan News - Nov 2021

2021-11-25 : Union Bank of India Partners with Capri Global Capital for MSME Loans
Union Bank of India has partnered with Capri Global Capital to disburse Micro, Small and Medium (MSME) loans over 100 touch points starting this December.
2021-11-23 : RBI Reports Jump in Digital Loan Disbursement
As per the Reserve Bank of India, the overall volume of digital loan disbursement by banks and non-banking financial institutions has increased 12 fold between 2017 to 2020. As a result, the number has increased to Rs. 1.42 Lakh crores.
2021-11-18 : SBI Partners With U GRO Capital For MSME Loans
The State Bank of India (SBI) has partnered with U GRO Capital to offer financial solutions to the unserved and underserved MSMEs. The loan will be provided on GRO Capital’s technology platform ‘GRO- Xstream’.
2021-11-16 : HDFC Bank Announces Campaign for Financial Frauds
HDFC Bank has announced that it will hold the second edition of the campaign titled Mooh Band Rakho. The campaign aims to hold around 2,000 workshops to prevent financial frauds.
2021-11-12 : SBI Plans to Offer Loans on ESG Scores
State Bank of India (SBI) plans to give loans based on environmental, social and governance or ESG scores. As a result, products like Healthcare business loans, Green car loans, financing for polyhouse farms etc., will be prioritised.

*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources. Read More

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