business loan in bhopal

Business Loan in Bhopal

Starting @15%* p.a.

Collateral-free | Hassle-Free Documentation | Loan up to ₹75 Lakhs

Bhopal, the capital city of Madhya Pradesh, is a bustling hub of business and commerce. As businesses in Bhopal strive for growth and success, having access to timely financial support becomes crucial. Poonawalla Fincorp, a trusted non-banking financial company (NBFC), offers a range of Business Loan products designed to meet the unique needs of businesses in Bhopal.

Poonawalla Fincorp recognizes the significance of a seamless and efficient loan application process. We have simplified the procedure for applying for a Business Loan in Bhopal by offering a user-friendly online application form. With this convenient feature, you can complete the application from the comfort zone. By submitting the required details and documentation, you can initiate the loan application process.

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When it comes to Business Loans in Bhopal, Poonawalla Fincorp ensures competitive interest rates. Poonawalla Fincorp strives to provide attractive interest rates that make Business Loans affordable and accessible to businesses of all sizes in Bhopal. Further details can be found below:

Business Loan Interest Rates 15% p.a onwards
Loan Amount ₹5 lakh to ₹75 Lakhs
Loan Processing Fees Up to 3% plus applicable taxes
Lowest EMI per month Starting from ₹2,783* per Lakh for 48 months
Loan Tenure 6 - 48 months
Prepayment/Foreclosure Charges
  • Up to First six (6) EMI’s - 6% on principle outstanding plus applicable taxes.
  • After payment of First six (6) EMI’s - 5% on principle outstanding plus applicable taxes.
Default Charges 24% per annum
Repayment Instrument Dishonor Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges

Note: Default Charges: Penalty will be charged for non payment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.

  • Easy To Apply Logo

    Flexible Loan Amount

  • Competitive Interest Rate Logo

    Customized Repayment Options

  • Quick Processing Logo

    Quick Disbursal

  • No Restriction On Usage Logo

    Minimal Documentation

Flexible Loan Amount

Poonawalla Fincorp provides Business Loans that cater to various funding requirements.

Customized Repayment Options

Repaying your Business Loan becomes convenient with Poonawalla Fincorp's flexible repayment options.

Quick Disbursal

Poonawalla Fincorp values the importance of timely access to funds for your business.

Minimal Documentation

Poonawalla Fincorp aims to simplify the loan application process by requiring minimal documentation.

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Apply
Online

Apply Online

Click on Apply Now and enter your contact details.

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Business
Details

Business Details

Enter your annual business turnover and other business details.

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Verification

Verification

The application will then proceed for verification and assessment

Term Loans:

Poonawalla Fincorp provides traditional Business Loans with fixed repayment periods and regular installments. These loans serve various purposes, such as business expansion, working capital, equipment purchases, or project funding.

Purchasing new equipment:

With Poonawalla Fincorp, you can avail loan to purchase any new equipment and machinery to support your business.

Working Capital Loans:

Poonawalla Fincorp supports businesses with working capital loans to manage day-to-day operational expenses, inventory procurement, salary payments, and other short-term financial obligations.

Poonawalla Fincorp Limited

Address: 1st Floor, Mahaveer Avenue, Plot No.2, R-2, Zone-01, Maharana Pratap Nagar, Bhopal,Madhya Pradesh-462011
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

Poonawalla Fincorp offers reliable Business Loans in Bhopal that can help businesses grow and succeed. With competitive interest rates and flexible loan amounts, Poonawalla Fincorp understands the diverse funding needs of businesses in the city. The user-friendly online application form enables a seamless and convenient loan application process from anywhere. By providing customized repayment options and quick access to funds, Poonawalla Fincorp supports the growth and success of businesses in Bhopal. Contact Poonawalla Fincorp's Bhopal branch for further assistance and take a step towards fueling your business's growth.

*Terms & Conditions Apply

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