Business Loan For Women

₹1 Lakh Business Loan

Minimal Documentation | Quick Approval | 100% Digital Process

Looking for a quick and hassle-free Business Loan to meet your urgent financial needs? Poonawalla Fincorp offers a Business Loan of ₹1 Lakh with minimal documentation and a 100% digital process. Our loan application process is simple, fast, and transparent, with quick approval and disbursement.

Avail of a ₹1 Lakh loan for business without any collateral. and enjoy a flexible repayment period of up to 48 months. You can use the loan amount to expand your business, purchase inventory, or meet any other urgent financial requirements.

So, if you need a ₹1 Lakh Business Loan quickly, apply now with Poonawalla Fincorp and get the funds you need to take your business to new heights of success.


The applicable interest rates and charges on Poonawalla Fincorp’s ₹1 Lakh Business Loan are listed in the table below, ensuring complete transparency when it comes to loan terms:

Rate of Interest 15% to 28% p.a.*
Processing Fees Up to 3% plus applicable taxes
Repayment Instrument Dishonour Charges ₹1,000 per bounce plus applicable taxes
Default Interest 3% per month
Loan Amount ₹1 Lakh to ₹50 Lakh
Lowest EMI per Month Starting from ₹2,783* per Lakh for 48 months
Loan Tenure 6 to 48 months
Prepayment/Foreclosure Charges 0%* If paid from own sources & 4% If paid from other sources
Stamp Duty At actuals (as per state)
No Other Hidden Charges

The loan EMI amount is calculated based on the principal loan amount, the interest rate, and the repayment tenure. You can use a Business Loan EMI calculator to determine the estimated EMI you’ll be required to repay over the agreed-upon tenure.

To find out the EMI amount of a ₹1 Lakh Business Loan for up to four years, please see the table below:

Tenure Approximate EMI at 15% Interest Rate
1 Year ₹9,026*/month
2 Years ₹4,849*/month
3 Years ₹3,467*/month

Our eligibility criteria are easy to meet, and we require only a few essential documents for loan approval.

Age Requirement


Work Experience Required

Business Vintage

Monthly Salary Required

Annual Turnover

  • Age: 24-65 years
  • Annual Turnover: Minimum ₹6 Lakh
  • Business Vintage: At least 2 years

If you meet the eligibility criteria for our ₹1 Lakh loan for business, you can prepare the documents listed below to proceed with the application process.

  • KYC documents logo

    KYC Documents

  • Financial documents logo

    Business Address Proof

  • Business-related documents logo

    Financial Documents

  • KYC Documents: PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport, Business Registration Proof
  • Business Address Proof: Utility bills/Rent Agreement
  • Financial Documents: Bank account statement from the past 6 months

Once your documents and details are verified, the approved loan amount will be disbursed to your chosen bank account.

Poonawalla Fincorp’s ₹1 Lakh Business Loan comes with several features and benefits, such as:

  • Sizable sanction up to ₹50 lakh logo

    Business Loan without any security or collateral

  • Minimal documentation logo

    Minimal documentation

  • Loan amount available up to ₹50 Lakh

    Instant approval and disbursal

  • Hassle-free, online application provision logo

    Competitive Business Loan interest rate

  • Easy to apply online loan application process logo

    Sizeble sanction up to ₹50 Lakh

  • Attractive and affordable interest rates logo

    Hassle-free, online application provision

  • No collateral required against the loan logo

    Flexible tenure of up to 48 months

  • Flexible repayment tenure of up to 48 months logo

    Fulfil urgent Business Loan requirements

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Apply Online

Click on Apply Now and enter your contact details.

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Business Details

Enter your annual business turnover and other business details.

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The application will then proceed for verification and assessment

What is the monthly EMI for ₹1 Lakh Business Loan?

The EMI amount for a ₹1 Lakh Business Loan depends on the principal amount, the loan tenure, and the interest rate. You can use our Business Loan EMI calculator to determine the estimated EMI of your Business Loan.

Can I get a ₹1 Lakh Business Loan?

Yes, you can apply for a ₹1 Lakh loan for business from Poonawalla Fincorp in just 3 simple steps, which are mentioned above.

Am I eligible to borrow a sum of ₹1 Lakh Business Loan from Poonawalla Fincorp?

To apply for a ₹1 Lakh Business Loan from Poonawalla Fincorp, you must meet our specified eligibility criteria, which you can check on our ‘Eligibility and Documents for Business Loan’ page.

*Terms & Conditions Apply

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