Get an instant Retail Business Loan At Shivalik Small Finance Bank, we believe in promoting the spirit of entrepreneurship and support those who are willing and motivated to start something on their own. We provide credit for working capital requirements on liberal terms to small traders and thereby support them in their endeavors. Grow your business with our best Loan for small retail shop.
- Individual/Proprietorship having an existing business for last 3 years.
- Period of Finance is maximum up to 15 years
- The maximum amount of the Loan cannot exceed Rs. 25.00 lacs or 60% distress sale value of the property.
- ID and Address Proof
- PAN Card
- Security for Loan
- Existing track record
- Balance sheet and other financials
- Valuation Report
- Non-encumbrance and Title Report
- Proof of Income/Self-assessment from the borrower
- Copy property insurance with banker’s clause
- Life/Term Insurance of the applicant (optional)
*Share Capital for regular members will be Rs. 100/- (up to Rs. 10.00 lac) and Rs. 500/- (above Rs. 10.00 Lac to Rs. 50.00 Lac). *All loans are applicable to actual bank charges which include valuation, legal, and all actual bank charges
Shivalik became the first Small Finance Bank in India’s history to transition from an Urban Co-operative Bank. We have over 23 years of banking experience in offering retail banking products and services. Shivalik has been technology focussed since its inception with consumer centricity as a key guiding principle. The Bank is powered by Infosys Finacle Core Banking and Digital Banking Suite including internet and mobile banking. The cloud-based architecture provides the Bank with unmatched agility to cost-effectively manage scale and power growth. Shivalik is live on all retail payment platforms and is a direct member of the National Financial Switch. We are proud to serve our 4.5 Lakh unique customers via 31 branches, 250 banking agents, and 15,000 self-help groups across Uttar Pradesh, Madhya Pradesh, Delhi, and Uttarakhand.
To know more visit your nearest branch.
For more details visit our website- www.shivalikbank.com
Address: Shivalik Small Finance Bank Ltd. Plot No 2B, 6th Floor, Tower 3 India Glycols Building, Sector 126, Noida – 201304
Customer Care Number: 1800-202-5333