Bodakdev stands as Ahmedabad’s thriving commercial hub—brimming with dynamic enterprises from corporate offices and IT firms to retail outlets and restaurants. Yet, keeping your business growing in this competitive environment demands timely access to funds—essential for smooth operations and ambitious expansion.
Looking to propel your business forward in Bodakdev? With 24hrLoan, you can effortlessly access offers from leading banks and NBFCs. Just one application opens doors to the most competitive options for your business’s success.
What Is a Business Loan?
A business loan is a type of funding provided to business owners to manage daily operations or expand their business. You can use it for:
- Buying stock or raw materials
- Paying office rent and salaries
- Business expansion or renovation
- Marketing and advertising
- Managing working capital needs
Through 24hrLoan, you can apply for both secured and unsecured business loans, depending on your eligibility.
Business Loan Amount Available in Bodakdev
Depending on your business profile and lender selection, you can get:
- Minimum Loan Amount: ₹50,000
- Maximum Loan Amount: Up to ₹25 lakh (higher amounts also available with some lenders)
- Repayment Tenure: 6 months to 60 months
Interest Rate & Charges
| Particulars | Details |
| Interest Rate | Starts from 16% to 26% p.a. |
| Processing Fee | Up to 3% |
| Loan Type | Unsecured |
| Prepayment Charges | As per lender policy |
The exact interest rate depends on your credit score and business financials.
Benefits of Business Loan in Bodakdev, Ahmedabad
1. Multiple Bank Options
Instead of applying to one bank, 24hrLoan shows loan offers from several banks and NBFCs, increasing approval chances.
2. 100% Online Process
Apply from your office or home in Bodakdev without visiting bank branches.
3. Quick Approval
Many lenders offer fast approvals, making it suitable for urgent business needs.
4. Minimal Documentation
Only basic business and personal documents are required.
5. No Collateral for Unsecured Loans
You can get funding without pledging property or assets.
Eligibility Criteria for Business Loan in Bodakdev
Check out the following eligibility details:
- Age: 21 to 60 years
- Business Vintage: Minimum 1 year
- Credit Score: Preferably 700 or above
- Bank Account: Active current or savings account
- Business Type:
- Shop owners
- Traders & wholesalers
- Service providers
- Professionals & MSMEs
Documents Required
To apply for a business loan, keep these documents ready:
Personal Documents
- PAN Card
- Aadhaar Card
Business Documents
- IT File / Trade License
- MSME (Udyam) Certificate
Financial Documents
- Last 6–12 months bank statement
All documents can be uploaded online.
Top Lender Offering Business Loan in Bodakdev
| Banks / NBFCs | Interest Rate | Loan Amount | Repayment Tenure | |
| WeRize | 16% p.a. to 22% p.a. | Rs.50,000 to Rs.25 lakh | 12 months to 36 months | Apply Now |
| Faircent | 14% p.a. to 21% p.a. | Rs.50,000 to Rs.10 lakh | 12 months to 36 months | Apply Now |
| IIFL | 11.25% p.a. to 33.75% p.a. | Rs.50,000 to Rs.30 lakh | 12 months to 60 months | Apply Now |
| Chola Finance | 14% p.a. to 21% p.a. | Rs.30,000 to Rs.20 lakh | 12 months to 60 months | Apply Now |
| Poonawalla Fincorp | 15% p.a. to 28% p.a. | Up to Rs.50 lakh | Up to 3 years | Apply Now |
| FT Cash | 12% p.a. to 22% p.a. | Up to Rs.50 lakh | Up to 3 years | Apply Now |
| NeoGrowth | 19% p.a. to 24% p.a. | Up to Rs.75 lakh | Up to 7 years | Apply Now |
| FlexiLoans | 12% p.a. onwards | Up to Rs.1 crore | 1 year to 5 years | Apply Now |
| LendingKart | 12% p.a. to 28% p.a. | Up to Rs.1 crore | 12 months to 36 months | Apply Now |
| Ashv Finance | 18% p.a. to 21% p.a. | Up to Rs.40 lakh | 12 months to 36 months | Apply Now |
| Aditya Birla | 14% p.a. onward | Up to Rs.15 lakh | 12 months to 36 months | Apply Now |
| Tata Capital | 16.50% to 19% p.a. | Up to Rs.75 lakh | 12 months to 36 months | Apply Now |
How to Apply for a Business Loan in Bodakdev via 24hrLoan
Step 1: Visit the 24hrLoan Website
Select the Business Loan option.
Step 2: Fill Basic Details
Enter your name, mobile number, business type, and required loan amount.
Step 3: Upload Documents
Submit PAN, Aadhaar, and bank statement digitally.
Step 4: Compare Loan Offers
Get loan options from multiple lenders in one place.
Step 5: Approval & Disbursal
Approval loan amount directly transfer to your bank account.
Who Can Apply for a Business Loan in Bodakdev?
This loan is suitable for:
- Small and medium business owners
- Retail shop owners
- Restaurant and café owners
- IT & service-based businesses
- Freelancers and consultants
- Traders and distributors
Whether you are starting small or expanding big, funding support is available.
Why Bodakdev Businesses Prefer 24hrLoan
Businesses in Bodakdev choose 24hrLoan because:
- It saves time
- It reduces rejection chances.
- It offers transparent loan terms.
- It provides access to trusted banks and NBFCs.
- It allows easy comparison before the final decision.
Also Read: How to Apply for the PM SVANidhi Scheme Online
Conclusion
Applying for a business loan in Bodakdev, Ahmedabad, is now easy and stress-free. With 24hrLoan, you get access to multiple lenders, competitive interest rates, and fast approvals—all through a simple online process.
Whether you need funds for working capital, expansion, or urgent business expenses, 24hrLoan helps you get the right loan at the right time.
FAQs
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Can I apply for a business loan in Bodakdev online?
Yes. You can apply 100% online through 24hrLoan. There is no need to go to any branch. Simply fill in your details, upload the necessary documents, and receive loan offers from multiple banks and NBFCs.
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What is the maximum business loan amount I can get in Bodakdev?
You can get a business loan of up to ₹25 lakh. The final amount depends on your business turnover, credit score, and bank statement.
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What is the minimum CIBIL score required for a business loan?
Lenders basically offer business loans at a 700+ credit score. However, some NBFCs may consider applications with a slightly lower score based on business performance.
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Is collateral required to apply for a business loan?
No. Many lenders offer unsecured business loans, which means you do not need to provide any property or asset as security.
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What is the interest rate for business loans in Bodakdev?
Interest rates usually start from 16% p.a. and can go up to 26% p.a., depending on your eligibility, lender choice, and credit profile.
