MSME Loan – Secured

Access funds swiftly with a secured MSME loan. Borrow against collateral and repay in fixed monthly installments. Ideal for expanding your business, managing cash flow, or purchasing equipment.

Custom Financing Options
We offer secured MSME loans designed to support your business growth—flexible and tailored for various needs and amounts.
Loans Based on Business Eligibility
Access loans customized to your business’s eligibility, providing optimal financial solutions for expansion and operations.
Flexible Tenure
Choose a loan tenure from 12 to 84 months, enabling manageable EMIs and early repayment options aligned with your business goals.
Comprehensive Insurance
Insurance coverage options available for secured MSME loans, ensuring added protection for your investment.
Flexible EMI
Benefit from flexible EMI plans with both monthly and quarterly payment options to suit your cash flow requirements.

About Jassi Hire Purchase Limited

At Jassi Hire Purchase Limited, we offer secured MSME loans tailored to meet the financial needs of your business. With competitive interest rates, we ensure quick approval and fast disbursal of funds to support your growth. Our hassle-free application process requires minimal documentation, making it simple and efficient for you to secure funding. Trust us for customized financial solutions designed to empower your business and drive success.

Eligibility Criteria for MSME Loans – Secured

  • Age: The applicant must be at least 18 years old.
  • Business Stability: A stable and operational business is required to demonstrate repayment capability.
  • Credit Score: A good credit history enhances the chances of loan approval.
  • Collateral: Adequate collateral is required to secure the loan.
  • Documents: Valid ID, business registration proof, address proof, and financial statements are necessary.

Documents Required for MSME Loans – Secured

  • Identity Proof: Aadhaar card, passport, or driver’s license.
  • Address Proof: Utility bill, rental agreement, or bank statement.
  • Business Proof: Business registration certificate, GST certificate, or shop act license.
  • Income Proof: Income tax returns, bank statements, or financial statements.
  • Collateral Documents: Proof of ownership for the asset being offered as collateral (e.g., property papers).
  • Bank Statements: Recent bank statements to verify business financial stability.

FAQs

An MSME loan is a financial product designed to provide funds for business needs, such as expansion, equipment purchase, or working capital. Secured MSME loans require collateral, offering favorable terms and higher loan amounts to support business growth.

You can apply for a secured MSME loan through banks, financial institutions, government-backed schemes, or non-banking financial companies (NBFCs).

Interest rates on secured MSME loans vary based on the lender, loan amount, collateral value, and borrower profile, typically ranging from 8% to 16% annually.

The tenure for a secured MSME loan typically ranges from 1 to 7 years, depending on the lender, loan amount, and collateral value.

To update your contact information for a secured MSME loan, contact your lender directly through their customer service or online portal, or visit the nearest branch for assistance.

Apply For MSME Loan – Secured

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