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source of funding for business
What are the Sources of Funding for Businesses in India?

Category : Business Loan

Poonawalla Fincorp Team • Dec 25, 2022 • 17408 views

Entrepreneurship is a dream for many who want to get into business, have a risk appetite and want to grow their existing business set-up. As an entrepreneur, you need to ensure sufficient funds to keep the business cycle moving.

MSME categorisation
Latest MSME Classification Explained: Criteria, Structure, Features

Category : Business Loan

Poonawalla Fincorp Team • Dec 24, 2022 • 117086 views

On 13th May 2020, the Ministry of Micro, Small, and Medium Enterprises (MSME) announced the Atmanirbhar Bharat package for MSMEs where it revised the definition of MSMEs and added a new MSME classification.

nature of business
Meaning of Nature of Business

Category : Business Loan

Poonawalla Fincorp Team • Dec 23, 2022 • 39885 views

Building a business is not easy. Those who venture into this realm know that it is a matter of lots of trial and error that eventually leads to the perfect recipe for success. Also, you have to constantly keep reinventing the wheel and modifying your direction.

simple interest and compound interest
What is Simple Interest? Formula, Calculator, Example, Definition

Category : Financial Insights

Poonawalla Fincorp Team • Dec 21, 2022 • 3961 views

A quick and easy method of calculating the interest charged on a loan is called Simple Interest. It is determined by multiplying the interest rate by the principal amount, by the number of periods(days/months/years) that have elapsed between the payments.

MSME loan limit
What is MSME Turnover Limit for Small Scale Industries in India?

Category : Business Loan

Poonawalla Fincorp Team • Dec 19, 2022 • 33307 views

MSME Loans are also called Micro, Small & Medium Enterprise Loans. These are those types of loans which one may avail if they own a business or is an entrepreneur.

udyam registration online
Udyam Registration Certificate - Meaning, Benefits & Guide to Apply

Category : Business Loan

Poonawalla Fincorp Team • Dec 16, 2022 • 9694 views

In 2020, under the Atma Nirbhar Bharat Package, a new revised MSME definition was announced with the aim of bringing more enterprises under the new scheme.

10 Lakh loan EMI for 5 years
Check Out 10 Lakh Personal Loan EMI for 5 Years

Category : Personal Loan

Poonawalla Fincorp Team • Dec 12, 2022 • 8389 views

A Personal Loan is a type of loan that a customer can avail to meet their ad-hoc requirements. The loan typically can be taken in scenarios of – buying some product, weddings, purchasing furnishings, medical expenses, etc.

how to improve credit score in 30 days
How To Improve Credit Score In 30 Days in India?

Category : Financial Insights

Poonawalla Fincorp Team • Dec 08, 2022 • 5438 views

How to improve credit score in 30 days in India – is one of the most important question comes to many people’s mind when it comes to credit score.

credit score for personal loan
Key Difference in Business Credit Score and Personal Credit Score

Category : Personal Loan

Poonawalla Fincorp Team • Dec 07, 2022 • 3063 views

An individual’s personal credit score and business credit score are two separate aspects. On the surface, however, both scores have only one difference.

personal loan minimum age
How Does Age Influence Your Eligibility to Take a Personal Loan?

Category : Personal Loan

Poonawalla Fincorp Team • Dec 06, 2022 • 5003 views

Personal Loan come in very handy when there is a financial emergency. With new-age lenders, the loan application, as well as the approval process, is fast.

gst on business loan
Impact of GST on Business Loan Interest & Its Processing Fee

Category : Business Loan

Poonawalla Fincorp Team • Dec 05, 2022 • 4845 views

Standardisation of taxation was introduced by the government for the welfare and economic development of the country.

what is nbfc
What is the Full Form of NBFC? Its Meaning, Types, Role & Scope

Category : Financial Insights

Poonawalla Fincorp Team • Dec 04, 2022 • 12736 views

As the worlds second-largest internet-using country, Indias digital transformation in the financial sector is gaining momentum.

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