Business Loan For Women

₹15 Lakh Business Loan

Minimal Documentation | Quick Approval | 100% Digital Process

You can apply for ₹15 Lakh Business Loan with just a few clicks. Poonawalla Fincorp’s Business Loan helps you meet various financial requirements related to your business. You can apply for a Business Loan to enjoy exciting Business Loan features such as minimal documentation, no hidden charges, competitive interest rates, 100% digital process, etc.

%
Calculate

Poonawalla Fincorp’s Business Loan interest rate starts at 15% p.a. without any hidden charges. Please refer to the table below for more details.

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

If you wish to get a ₹15 Lakh Business Loan for four years, you can take advantage of our competitive interest rates. Our collateral-free Business Loans help you manage your financial needs without hassle. Before applying for the loan, you can calculate your EMIs. The table below shows your ₹15 Lakh Business Loan EMIs for four years.

Tenure Approximate EMI at 15% Interest Rate
2 years ₹72,730/month
3 years ₹51,998/month

Our easy-to-meet eligibility criteria help you get a Business Loan quickly. Our eligibility criteria include:

Age Requirement

Age

Monthly Salary Required

Annual turnover

Work Experience Required

Business vintage

  • Age: Between 24 and 65 years.
  • Annual turnover: Your enterprise must have a minimum annual turnover of ₹6 Lakh.
  • Business vintage: Your business must have been in operation for at least two years since its registration date.

You can avail ₹15 Lakh Business Loan from Poonawalla Fincorp with minimal documentation requirement. Our document requirements include:

  • KYC documents logo

    KYC documents

  • Financial documents logo

    Business Address Proof

  • Business-related documents logo

    Financial Documents

  • KYC Documents: Government-issued ID such as PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport
  • Business Address Proof: Rent agreement, utility bills, or passport.
  • Financial Documents: Bank statement of the past six months.

Please note: This list is indicative, and the actual list of documents will depend on your profile, requirements and Poonawalla Fincorp’s policy at the time of application.

Poonawalla Fincorp’s ₹15 Lakh Business Loan offers various 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

Semi Circle Logo
Laptop Logo
Apply
Online

Apply Online

Click on Apply Now and enter your contact details.

Semi Circle Logo
Document Required Logo
Business
Details

Business Details

Enter your annual business turnover and other business details.

Semi Circle Logo
Laptop Logo
Verification

Verification

The application will then proceed for verification and assessment

Can I get ₹15 lakh Business Loan?

You can get ₹15 lakh Business Loan from Poonawalla Fincorp once you meet minimal eligibility requirements and submit minimal documentation.

What is the EMI for ₹15 lakh Business Loan?

The EMI for ₹15 Lakh Business is ₹135,387.

Can I get ₹15 lakh Business Loan without collateral?

Yes, you can get ₹15 lakh Business Loan without collateral with Poonawalla Fincorp.

*Terms & Conditions Apply

Explore Types of our Business Loan Arrow Logo

Insightful Business Loan Blogs Arrow Logo

Government Subsidies For Small Business
Top 10 Subsidies Provided By Government For Small Businesses And MSMEs

Micro, small, and medium enterprises (MSMEs) are the growth drivers of the Indian economy. To sustain their growth, the Government of India

Cash Flow
How to manage cash flow in business?

The key to a sustainable business is its financial and cash flow management! Your working capital helps you define realistic business growth plans

Contact Us logo Quick Apply CIBIL Score logo Free CIBIL Whatsapp logo Connect on WhatsApp