Udyam Loan
Unsecured Business Loan for SME/MSMEs
About Udyam Loans
Whether you are expanding, innovating, or just require working capital, we have you covered! Udyam Loans or Unsecured SME/MSME loans (or Business loans) are short-term loans from Srajan Capital. Our SME/MSME loans are the financial boost you need to achieve your goals.
Quick Disbursal
We process the loans and disburse the loans within 48 hours of your documents submissions.
Minimum documentation
No tedious paperwork. We ensure hassle-free experience with our simple and minimal documents requirements.
Competitive Interest Rates
We provide extremely competitive interest rates based on the credit worthiness of the person and business.
Max. Loan amount
15 Lakh
Loan tenure
3 months - 3 years
Interest Rate starting from
17.00%
Our Benefits
Quick Sanctions
With our quick appraisal process, you will not face any unnecessary challenges in your loan process.
No Hidden Charges
We believe in transparency. Hence, we take pride in a great loan experience, we will never impose any hidden charges other than our prescribed fees.
Minimum Documentation
Say goodbye to tedious paperwork. We wish to be your companions in every step of the way, and that includes helping you file all your paperwork.
Competitive Interest Rates
With our secured business loan we offer competitive and affordable interest rate in the market.
Documents Required for SME/MSME Loans
Proof of Identification
PAN Card, Aadhar Card, Valid Passport, Driving License.
Proof of Address
Voter card, Aadhar card, valid passport, driving license, valid rent agreement, utility bills in name of app/co-app.
Income Proof
6 months bank statement or latest form 16/ ITR, Latest 1 year banking if Self employee and/or GST turnover in the last 6 months.
Other Documents
Any further documentation required for further credit assessment.
Frequently asked questions (FAQ’s)
An Udyam Loan is a short-term unsecured business loan which can be used for various purposes including working capital requirements, business expansion, etc.,
Any individual, who is self-employed can avail Udyam Loans. The co-applicants must be partners or family.
Step 1: Submit loan application with all required documents including PAN Card Number, Udyam Certification (required), Bank Statement of last 6 months, ITR documents (if available), GST Turnover (if available).
Step 2: Within 72 hours, our team will assess your creditworthiness and reach out to you.
Step 3: If required, our team will reach out for more documentation, otherwise, your loan would be good to go!
Access the loan application here.
Yes, however, it is subjected to terms & conditions specified as per your sanction letter.
Currently, we only offer loans up till Rs. 50 lacs. The loan amount is subjected to our internal credit assessment.
Tenure options are subjected to the credit worthiness of an individual. Usually our loans have options ranging from 3 months - 3 years.