Business Loan Frequently Asked Questions

Loan up to 50 Lakh | Attractive Interest Rate

Who Is Eligible For A Msme Loan In India?

Poonawalla Fincorp's MSME Loan eligibility is quite simple and straightforward, making it convenient for the applicants. Here is a list of documents required for an MSME Loan:

  • Age: Applicant’s age must be at least 24 years at the time of application and not more than 65 years at the time of loan maturity.
  • Business Vintage: The business vintage must be of at least 2 years.
  • Annual Turnover: the business must have a minimum annual turnover of ₹6 Lakh.

If a business/business owner fulfils these criteria, then they are eligible for an MSME Loan form Poonawalla Fincorp.

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