Services Details Page || Eluri Co-Operative Urban Bank

Fuel Your Business Growth with Our Loans

Business Loans from Eluri Bank are designed to support entrepreneurs, MSMEs, and professionals in scaling operations, managing cash flow, or expanding services. Access funds without collateral and with minimal paperwork.

Whether you're a startup or an established enterprise, our flexible financing solutions ensure your business never slows down. Enjoy fast processing, competitive rates, and expert support throughout the loan journey.

Features of Business Loan

Loans from ₹1,00,000 to ₹50,00,000
No collateral required for select loans
Attractive interest rates starting from 13% p.a.
Repayment tenure 1 year to 10 years
Quick processing and disbursal
Customized repayment schedules

Documents Required for Business Loan

Identity & Address Proof – Aadhar, PAN, Passport
Business Registration Documents
Last 6 months Bank Statements
Income Tax Returns (last 2 years)
Financial Statements – P&L and Balance Sheet
Passport-size photograph

How to Apply for a Business Loan

1. Visit any Eluri Bank branch or apply online
2. Fill in the business loan application form
3. Submit necessary business and financial documents
4. Get approval and loan disbursal to your business account

Is collateral mandatory?

Not always. We offer collateral-free business loans for eligible applicants.
How long does loan processing take?

Processing typically takes 3–5 working days upon complete document submission.
Can I use the loan for working capital?

Yes, business loans can be used for working capital, inventory, or expansion purposes.