Apply for Business Loan in Bodakdev, Ahmedabad

Apply for Business Loan in Bodakdev, Ahmedabad: Get ₹25 Lakh

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

ParticularsDetails
Interest RateStarts from 16% to 26% p.a.
Processing FeeUp to 3%
Loan TypeUnsecured
Prepayment ChargesAs 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 / NBFCsInterest RateLoan AmountRepayment Tenure 
WeRize16% p.a. to 22% p.a.Rs.50,000 to Rs.25 lakh12 months to 36 monthsApply Now
Faircent 14% p.a. to 21% p.a.Rs.50,000 to Rs.10 lakh12 months to 36 months Apply Now
IIFL11.25% p.a. to 33.75% p.a.Rs.50,000 to Rs.30 lakh12 months to 60 monthsApply Now
Chola Finance 14% p.a. to 21% p.a.Rs.30,000 to Rs.20 lakh12 months to 60 monthsApply Now
Poonawalla  Fincorp15% p.a. to 28% p.a.Up to Rs.50 lakhUp to 3 yearsApply Now
FT Cash12% p.a. to 22% p.a.Up to Rs.50 lakhUp to 3 yearsApply Now
NeoGrowth19% p.a. to 24% p.a.Up to Rs.75 lakhUp to 7 yearsApply Now
FlexiLoans12% p.a. onwardsUp to Rs.1 crore1 year to 5 yearsApply Now
LendingKart12% p.a. to 28% p.a.Up to Rs.1 crore12 months to 36 monthsApply Now
Ashv Finance18% p.a. to 21% p.a.Up to Rs.40 lakh12 months to 36 monthsApply Now
Aditya Birla14% p.a. onwardUp to Rs.15 lakh12 months to 36 monthsApply Now
Tata Capital16.50% to 19% p.a.Up to Rs.75 lakh12 months to 36 monthsApply 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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

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