₹40 Lakh Business Loan

₹40 Lakh Business Loan

Minimal Documentation | Quick Approval | 100% Digital Process

Want to take your business to the next level? Get a ₹40 Lakh Business Loan from Poonawalla Fincorp through a simple application process. Experience quick approval and disbursal without any hassle.

You can use the funds from our Business Loan to purchase new equipment, hire more staff, increase inventory, or for other business-related expenses. Don't let financial constraints stop you from accomplishing your business objectives. Apply for Poonawalla Fincorp's Business Loan today!


We ensure complete transparency in our loan terms, enabling you to make an informed decision when applying for a loan. To further assist you, we have listed the interest rate and applicable charges on our ₹40 Lakh Business Loan in the table below:

Rate of Interest 15% to 28% p.a.*
Processing Fees Up to 3% plus applicable taxes
Repayment Instrument Dishonour Charges ₹500 per bounce plus applicable taxes
Default Interest 2% 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 applicable interest rate, the loan amount, and the loan tenure can determine your loan EMI. Our Business Loan EMI calculator can help you determine your loan EMI. All you must do is enter the required values to calculate the approximate EMI value as well as the repayment schedule.

You can find the EMI amount for a ₹40 Lakh Business Loan for up to 3 years in the following table:

Tenure Approximate EMI at 15% Interest Rate
2 Years ₹3,61,033*/month
2 Years ₹1,93,947*/month
3 Years ₹1,38,661*/month

To apply for a ₹40 Lakh loan for business from Poonawalla Fincorp, you must meet the following eligibility criteria:

Age Requirement


Work Experience Required

Business Vintage

Monthly Salary Required

Annual Turnover

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

If you fulfil our loan eligibility criteria, you can proceed with the application process. Make sure to prepare the documents mentioned below before you apply.

  • 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 you upload and submit the above-mentioned documents with your loan application, they will be assessed and verified by our representatives. After successful verification, the approved loan amount will be disbursed to your bank account.

Poonawalla Fincorp’s ₹40 Lakh Business Loan comes with a host of different features and benefits, such as:

  • Sizable sanction up to ₹40 lakh logo

    Business Loan without any security or collateral

  • Minimal documentation logo

    Minimal documentation

  • Loan amount available up to ₹40 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

Can I get a ₹40 Lakh Business Loan?

Yes, you can apply for a ₹40 Lakh loan for business from Poonawalla Fincorp at favourable terms.

What is the EMI for a ₹40 Lakh Business Loan?

The EMI amount for a ₹40 Lakh Business Loan can be determined as per the loan amount, the repayment tenure, and the interest rate. You can enter these details when using our Business Loan EMI calculator and calculate the approximate EMI value you will be repaying over the specified loan tenure.

How to get a ₹40 Lakh Business Loan immediately?

Select the ‘Business Loan’ tab on our website and click ‘Apply Now’. Follow the steps mentioned above to apply for the loan instantly.

*Terms & Conditions Apply

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