Unsecured Business Loan in Salem Apr 2018

Last Updated 21st Apr 2018

Business Loan Interest Rates in Salem

If you are running a business in Salem and looking for a loan to expand your business and meet your working capital financing, availing an unsecured business loan can be good option for you. There are many banks and NBFCs in Salem that offer loans without collateral to businessmen and SMEs.

Product Features Loan Against Property Unsecured Business Loan
Maximum Loan amount Up to 60% of the property value Rs. 10 lakhs to Rs. 5 crore
Loan Tenure 5 - 15 years 1-3 years
Interest Rate 13.50% – 15% 13.50% onwards
  • Kotak Bank has 0 branches, Syndicate Bank has 12 branches and Bank of India has 4 branches in Salem.
  • Salem is situated in the state of Tamil Nadu.
Apply Business Loan @ 13.50%*

Syndicate Bank Business Loan Branches in Salem


Bank of India Loan Against Property Branches in Salem

Business and/ or residence located in any of the following approved areas
  • Achankuttapatty
  • Alagapuram
  • Ammapet
  • Angammal Colony
  • Annathanapatti
  • Arisipalayam
  • Ariyanoor
  • Attayampatti
  • Attur
  • Ayothiyapattinam
  • Chinna Thirupathi
  • Dadagapatti
  • Danishpet
  • Dasanaikenpatty
  • Erumapalayam
  • Fairlands
  • Gorimedu
  • Gugai
  • Hasthampatti
  • Idappadi
  • Jagir Ammapalayam
  • Johnsonpet
  • K.R. Thoppur
  • Kakapalayam
  • Kandhampatty
  • Kannankurichi
  • Karukkalvadi
  • Karuppur
  • Kennady Nagar
  • Kitchipalayam
  • Kolathur
  • Kondappanaickenpatti
  • Konganapuram
  • Kuppanur
  • Magudanchavadi
  • Mallur
  • Mamangam
  • Maniyanur
  • Maramangalathupatti
  • Maravaneri
  • Masinaickenpatti
  • Mecheri
  • Mettur
  • Meyyanur
  • Minnampalli
  • Narasothipatti
  • Nedunchalai Nagar
  • Nethimedu
  • Nilavarapatti
  • Old Suramangalam
  • Omalur
  • Periya Pudur
  • Periya Seeragapadi
  • Ponnammapet
  • Reddipatti
  • Reddiyur
  • Sankar Nagar
  • Sankari
  • Seelanaickenpatti
  • Seelanaickenpatti
  • Seerangapalayam
  • Shevapet
  • Sivathapuram
  • Sivaya Nagar
  • Steel Plant Road
  • Sukkampatti
  • Suramangalam
  • Swarnapuri
  • Thalavaipatti
  • Tharamangalam
  • Thiruvakavundanur
  • Uthamasolapuram
  • Valappadi
  • Valasaiyur
  • Vasanth Nagar
  • Veeranam
  • Yercaud
  • Yethapur

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