Apply for an Online Business Loan in Bangalore
Bangalore, also known as India’s Silicon Valley, is a vibrant hub for entrepreneurs looking to start their startup journey. If you’re looking for the right push to take your venture forward, a Business Loan can give you the financial support you need without the hassle.
Poonawalla Fincorp empowers entrepreneurs with a quick online Business Loan in Bangalore with fast approvals, competitive interest rates, and easy-to-check eligibility criteria for maximum growth and profitability. Get access to funds when you need them, stay focused on your goals, and keep building your vision without any delays. Apply now!
Why Choose Poonawalla Fincorp
Business Loan EMI Calculator
Calculate monthly instalments of your Business Loan in Bangalore using our online EMI calculator. Just enter your Business Loan interest rate, amount, and tenure. Try it now!
Apply for a Business Loan Online in Just 3 Steps
Click on "Apply Now”
Tap the "Apply Now" button to initiate your application.
Enter Details
Enter your DOB, PAN card number, monthly income, and residential details.
Upload Documents
Upload the necessary documents for quicker approval.
On successful verification, the loan amount will be disbursed into your bank account instantly.
Eligibility Criteria for a Business Loan in Bangalore
Meet our simple eligibility criteria to apply:
- Age: Between 24 and 65 years.
- Citizenship: Indian.
- Business Vintage: At least 2 years.
- Annual Turnover: Minimum of ₹6 Lakh.
Documents Required for Business Loan in Bangalore
Submit only a few mandatory documents as part of the Business Loan eligibility criteria:
- KYC Documents
- Business Address Proof
- Financial Documents
Click to know more about the details for availing a business loan in Bangalore.
Interest Rate and Charges of a Business Loan in Banglaore
Get Business Loan at competitive interest rate and transparent charges:
After 6 EMIs: 5% on principal outstanding + taxes
Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf
*T&C Apply
Different Uses of a Business Loan in Bangalore
- Business expansion for small businesses
- Improvement of existing business set-up
- Consolidating high-interest business debts
- Boosting working capital reserves
- Expand your workforce with minimum documentation
Who Can Get a Business Loan
- Retailers
- Manufacturers
- Women entrepreneurs
- MSMEs
- Partnership firms
- LLC
Tips for a Successful Business Loan Application
- Understand your business needs
- Check your credit history and CIBIL score
- Have a detailed business plan
- Organise your financial statements
Poonawalla Fincorp Branch Address in Bangalore
Poonawalla Fincorp Limited
Address 1: 2nd Floor, HM Tower, J. C. Road, Minerva Circle, Bengaluru, Karnataka - 560002
Address 2: Ground Floor, Phoenix Citadel, Castle Street, Richmond Town, Bangalore, Karnataka-560025
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)
Happy Customers, Happy Us
I run a chain of pharmacy stores with 5 branches in Pune. With the growing popularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficult for me to hire delivery persons. With Poonawalla Fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan application process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operation seamlessly.
Business Loan
The interest rates were fair and competitive, making it easy to manage cash flow for me. The process was smooth with the service and giving a rating of 10.
Business Loan
I was hesitant at first, but the team explained everything clearly and made me feel confident. The loan helped me manage working capital and grow my business steadily.
Business Loan
I was impressed by how quickly my business loan was processed. The team was extremely helpful and guided me through every step. Thanks to their support, I was able to expand my operations without any hasstle.
Business Loan
The loan process was incredibly smooth, and the team was always available to answer my queries. With the funds, I was able to renovate my store and attract more customers. Truly grateful.
Business Loan
Getting a business loan felt daunting at first, but the entire experience was smooth and transparent. The loan helped me purchase new equipment and increase production. Highly recommend their services!
Business Loan
Excellent service and prompt communication. The loan process was seamless, and the funds were disbursed faster than expected. It’s great to work with professionals who understand business needs.
Business Loan
I needed quick funding to stock up for the festive season, and the business loan came just in time. The Credit Manager was proactive and ensured everything was done on priority. Excellent service!
Business Loan
Thanks to the business loan, I was able to open a second outlet. The team was very supportive and explained all terms clearly. I appreciate the personalized attention I received.
Business Loan
I’ve taken loans before, but this was by far the most professional experience. The documentation was minimal, and the disbursement was fast. I’ll definitely recommend them to fellow entrepreneurs.
Business Loan
The loan helped me bridge a critical cash flow gap during the festive season. The team was approachable and ensured everything was handled efficiently. Great experience!
Business Loan
The business loan helped me hire skilled staff and improved my business. The support from the credit team was outstanding. They understood my business and offered the right solution.
Business Loan
I am very happy with the service of the company and will recommend everyone to take loan from Poonawalla Fincorp.
Business Loan
The loan process was quick and transparent. No hidden charges, and the team guided me at every step. Will recommend everyone.
Business Loan
They didn’t just give me a loan—they gave me peace of mind during a tough time, Happy with the service of Poonawalla Fincorp.
Business Loan
No hidden charges, no surprises. The process was clear and smooth from start to finish.
Business Loan
The team guided me at every step and made the entire experience stress-free, will highly recommend to my friends - rating 10!!!
Business Loan
They tailored the loan to fit my business model. Truly customer-focused and satisfying service given by Poonawalla Fincorp, Highly Recommended!!!
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Frequently Asked Questions
A Business Loan provides essential funding to support various business needs like working capital, expansion, and marketing. It offers quick approvals, minimal paperwork, and competitive interest rates. Ideal for small and medium enterprises that are aiming to grow and manage operations efficiently.
Any time can be right to take a Business Loan, especially when looking to manage working capital, buy machinery, expand operations, or invest in growth. To meet the Business Loan requirements, your business should be at least 2 years old. If you want to apply for a Business Loan in Bangalore, make sure you meet the basic requirements for a smooth process.
Poonawalla Fincorp provides unsecured business loans with a repayment tenure between 6 to 48 months based on your financial comfort and business needs. This option is ideal for small businesses, medium enterprises, and self-employed professionals looking for convenient repayment terms.
Poonawalla Fincorp provides Business Loan amount of up to ₹75 Lakh. The loan amount depends on various factors such as your company’s financials, credit profile, and overall eligibility. Choose an amount that suits your business needs and growth plans.
Apply for a Business Loan from Poonawalla Fincorp in just 3 steps:
Step 1: Click on ‘Apply Now’.
Step 2: Upload the required documents.
Step 3: Get funds in your bank account.
Upon successful verification, the loan amount will be credited to your bank account.
To apply for a Business Loan, a minimum CIBIL score of 700 is generally preferred. A higher score improves your chances of getting better interest rates and faster approval. Lenders also consider other factors like business turnover, cash flow, and financial statements.
Small businesses can easily apply for a Business Loan in Bangalore by filling out an application form and submitting the required documents like bank account statements, PAN card, and address proof. It’s important to check the business loan eligibility and ensure your business has been operating for at least 2 years.
Yes, you can opt for unsecured Business Loans in Bangalore, which means no collateral is required. These loans are ideal for businesses that meet the minimum requirements and have a solid credit profile. Poonawalla Fincorp offers quick and hassle-free MSME Business Loan options with minimal documentation.
You can calculate your monthly EMI using our online EMI calculator. Just enter your loan amount, tenure, and applicable Business Loan interest rate to get an estimate. Our online EMI calculator helps you plan repayments better and ensures your business loan fits within your financial capacity.
Loans for women entrepreneurs offer additional features and benefits to support their business growth. These may include attractive interest rates, flexible repayment options, and exclusive schemes designed to empower women-led businesses.
Yes, taking a Business Loan can impact your CIBIL score. Regular EMI payments help maintain or improve your score, while missed payments may lower it. Managing business expenses responsibly and repaying on time is key to a healthy credit profile.
Most lenders require KYC documents such as ID proof and address proof for business loan applications.