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Types of Business Models
What are the Different Types of Business Models in India?

Category : Business Loan

Poonawalla Fincorp Team • Jan 27, 2023 • 29421 views

The Indian business sector is witnessing a huge transformation amid the rapid growth of Micro, Small, and Medium Enterprises (MSMEs). More and more entrepreneurs are inclined towards various business models to make their products stand out from the rest.

What is CGST and SGST
What is CGST & SGST? Meaning, Differences Explained

Category : Tax

Poonawalla Fincorp Team • Jan 25, 2023 • 12964 views

In July 2017, the Goods & Services Tax (GST) was implemented in India in a bid to create a uniform taxation system that can be used countrywide, aka ‘one nation, one tax’.

Instant Personal Loan
Get Instant Personal Loan in Minutes - Guide to Apply it Online

Category : Personal Loan

Poonawalla Fincorp Team • Jan 23, 2023 • 3755 views

An unwanted cash crunch can be the major obstacle between you and your dreams. In addition to this, pre-planned funds can be insufficient for emergencies such as medical emergencies or funding your higher education expenses.

Personal Loan Verification Process
Personal Loan Verification Process - How it Works

Category : Personal Loan

Poonawalla Fincorp Team • Jan 20, 2023 • 10214 views

Personal Loans are one of the most sought-after financial options in India. Whether it’s a dream wedding, international travel, higher studies, house renovation, or medical emergency, Personal Loans are an all-in-one solution for all your financial requirements.

overdraft or personal loan
Which is the Better Personal Loan - Term Loan or Overdraft?

Category : Business Loan

Poonawalla Fincorp Team • Jan 17, 2023 • 5023 views

The name “Term” itself means that the loan is for a predefined period as opted by the customer before disbursement where the sanctioned/requested amount is disbursed to the customers registered bank account.

business credit report agencies
Types of Business Credit Reports & Their Importance in India

Category : Business Loan

Poonawalla Fincorp Team • Jan 13, 2023 • 3871 views

Banks and NBFCs use a commercial credit information report to check whether a particular firm is eligible for a business loan or credit. It has all business-related information regarding past loans, current credit obligations, credit usage ratio, and the number of inquiries made.

business loan for low cibil score
What is Minimum CIBIL Score Value Required for Business Loan

Category : CIBIL Score

Poonawalla Fincorp Team • Dec 27, 2022 • 9354 views

Commercial loans which include business loans, are emerging as a significant economic growth driver in India. A business loan in India can be useful for funding your ideas, expanding your office space, hiring people etc.

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

Category : Business Loan

Poonawalla Fincorp Team • Dec 25, 2022 • 26383 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 • 136722 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 • 72146 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 • 5120 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 • 37863 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.

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