Interest Rate
Starting at 15%* p.a.
Loan Tenure
6-60 Months
Hidden Charges
0%

₹20 Lakh Business Loan EMI Calculator

Know your monthly instalments with our online EMI calculator. Just enter the loan amount, tenure, and interest rate. Calculate now!

Optimise Your Business Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
15%
30%

Tenure

Months
6 Months
60 Months

Why Choose Poonawalla Fincorp

High Loan
Amount
No Collateral
Required
Competitive
Interest Rate
Quick
Approval
Minimal
Documentation
Flexible
Repayment Tenure

Apply for a Business Loan Online in Just 3 Steps

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Click on "Apply Now”

Tap the "Apply Now" button to initiate your application.

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Enter Details

Enter your DOB, PAN card number, monthly income, and residential details.

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Upload Documents

Upload the necessary documents for quicker approval.

On successful verification, the loan amount will be disbursed into your bank account instantly.

Get exclusive offers thoughtfully customised just for you

Submit the following documents while applying:

  • KYC Documents
  • Business Address Proof
  • Financial Documents

Click to know more about the documents required in detail.

Check the payable EMIs for a tenure up to 3 years:

Tenure  Tenure 
1 Year ₹180,517/month 
2 Years ₹96,973/month 
3 Years ₹69,331/ month 

 

 

 

 

 

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

Yes, MSMEs are among the most common entities to avail of a Small Business Loan to grow their operations. 

You can get a Small Business Loan of up to ₹1 Cr, subject to eligibility, documentation, and internal credit assessment.

No, our Small Business Loan is unsecured and does not require collateral.

 

The interest rates for a Small Business Loan with Poonawalla Fincorp start from 15% p.a., depending on factors like your credit profile and loan amount.

Poonawalla Fincorp’s Small Business Loan offers quick approvals, provided your documents are in order and you meet the eligibility criteria. 

You can use our monthly EMI calculator to learn more about the monthly instalments of your Small Business Loan. 

Yes, the processing fees for Poonawalla Fincorp’s Small Business Loan can go up to 3.5% of the loan amount.

The repayment tenure for a Small Business Loan is flexible, ranging from 6 to 60 months.

Yes, you can prepay your Small Business Loan, depending on the bank's terms and conditions.

You can complete the Business Loan application online by filling out the online application form with your business details, mobile number, and bank account information. Once approved, the loan amount is disbursed directly to your bank account by the financial institution.