What is the interest rate on a shop loan/loan for shopkeepers?
In recent years, shop loan/loan for shopkeepers Interest rates have drastically improved to assist business owners. Also, there are several government and non-government initiatives that have helped the retail sector to grow steadily. A shop loan/loan for shopkeepers comes under the category of a Small Business Loan. Shopkeepers typically need a loan to add seasonal inventory, undertake renovation, manage working capital, etc. Poonawalla Fincorp ensures that shop loan interest rates are highly competitive so that they can take their business to new heights, without worrying about high EMIs. The typical rate for a Business Loan from Poonawalla Fincorp starts at just 15%* p.a.