Get a Business Loan of ₹25 Lakh with Quick Approval
Looking for a loan that can cater to all your business requirements in just a few clicks? With Poonawalla Fincorp’s ₹25 Lakh Business Loan, you can meet any business need. Whether you are planning to expand your business, boosting working capital reserves, or purchasing inventory, you can fulfil all of them with our Business Loan.
You can get a Business Loan with minimal documentation at competitive interest rates and no hidden charges. You also get to enjoy a flexible repayment tenure of up to 48 months. Apply now in just 3 easy steps and enjoy the benefits of a ₹25 Lakh Loan for business without any hassle.
₹25 Lakh Business Loan EMI Calculator
Interest Rate and Charges for Business Loan
Poonawalla Fincorp’s ₹25 Lakh Business Loan is offered at favourable terms. Read the table below for more details:
|Rate of Interest
|15% to 28% p.a.*
|Up to 3% plus applicable taxes
|Repayment Instrument Dishonour Charges
|₹1,000 per bounce plus applicable taxes
|3% per month
|₹1 Lakh to ₹50 Lakh
|Lowest EMI per Month
|Starting from ₹2,783* per Lakh for 48 months
|6 to 48 months
|0%* If paid from own sources & 4% If paid from other sources
|At actuals (as per state)
|No Other Hidden Charges
₹25 Lakh Business Loan EMI for up to 3 Years
The EMI for your loan is influenced by the loan amount, tenure, and interest rate. To plan your loan repayment, you can use the Business Loan EMI calculator on our website.
The EMI amount for a ₹25 Lakh Business Loan will vary depending upon the tenure you have selected:
|Approximate EMI at 15% Interest Rate
₹25 Lakh Business Loan Eligibility Criteria
Our loan eligibility criteria are easy to meet, enabling you to get a Business Loan quickly. All you must do is meet the following requirements:
- Age: Your age must be 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.
Documents Required for ₹25 Lakh Business Loan
To avail of our Business Loan, you must provide the following documents:
Business Address Proof
- 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 all the documents are submitted, and the details are verified, the loan amount will be disbursed directly to your bank account.
Features and Benefits for ₹25 Lakh Business Loan
Business Loan without any security or collateral
Instant approval and disbursal
Competitive Business Loan interest rate
Sizeble sanction up to ₹50 Lakh
Hassle-free, online application provision
Flexible tenure of up to 48 months
Fulfil urgent Business Loan requirements
Apply for ₹25 Lakh Business Loan within 5 Minutes
Click on Apply Now and enter your contact details.
Enter your annual business turnover and other business details.
The application will then proceed for verification and assessment
Frequently Asked Questions
Yes, you can get a Business Loan of ₹25 Lakh from Poonawalla Fincorp once you meet all the eligibility criteria and submit the required documents.
The monthly EMI depends on the loan term you have selected. You can plan your loan EMI with our Business Loan EMI calculator, which is available on our website.
To be eligible for a ₹25 Lakh Business Loan, you must meet the below-mentioned criteria:
- Age: Between 24 and 65 years
- Annual turnover: Minimum ₹6 Lakh
- Business vintage: At least 2 years since its registration date
*Terms & Conditions Apply