business loan in cochin

Business Loan in Cochin

Starting @15%* p.a.

High Loan Amount | Attractive Interest Rate | Flexible Repayment Tenure

Cochin, a bustling commercial hub in Kerala, has seen a significant rise in the number of small businesses and startups in recent years. While these businesses contribute to the city's economic growth, they often face financial challenges in their pursuit of expansion and development. To help such businesses achieve their goals, Poonawalla Fincorp offers Business Loan in Cochin with attractive features and benefits. Our loans can be used for various purposes, including purchasing equipment, inventory, raw materials, expanding operations, and more. With a simple and hassle-free application process, quick approval, and flexible repayment options, our Business Loans in Cochin can provide the necessary financial support to take your business to the next level.

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The interest rates for Business Loans in Cochin may vary depending on various factors such as the loan amount, repayment tenure, borrower’s credit score, and the type of business. However, Poonawalla Fincorp offers Business Loans in Cochin at competitive interest rates starting from 15% p.a.* ensuring that you can avail of financial assistance at affordable rates.

Please check the table below for details on interest rates and associated charges for Business Loan in Cochin:

Rate of Interest 15%* p.a. onwards
Loan Amount ₹1 Lakh to ₹50 Lakh
Loan Processing Fees Up to 3% plus applicable taxes
Lowest EMI/Month* Starting from ₹2,783* per Lakh for 48 months
Loan Tenure 6 - 48 months
Pre-payment/Foreclosure Charges 0%* If paid from own sources & 4% If paid from other sources
Default Interest 3% per month
Repayment Instrument Dishonor Charges ₹1,000 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges

Have a look at the key benefits and features of Business Loan in Cochin:

  • High Loan Amount Logo

    High Loan Amounts

  • Flexible Repayment Rate Logo

    Easy Application Process

  • Competitive Interest Rate Logo

    Attractive Interest Rates

  • No Collateral Required Logo

    Customized Repayment Options

  • Easy To Apply Logo

    No Collateral Required

  • Minimal Documentation Logo

    Multiple End-Use Options

  • Quick Processing Logo

    Quick Loan Approval

High Loan Amounts

We offer Business Loans in Cochin starting from ₹1 Lakh to ₹50 Lakh, depending on your business's requirements.

Easy Application Process

Our Business Loan application process is simple, and you can apply online or by visiting our branch in Cochin.

Attractive Interest Rates

We offer competitive interest rates on Business Loans in Cochin, ensuring that you can avail of financial assistance at affordable rates.

Customized Repayment Options

Our Business Loans come with flexible repayment options of up to 48 months, allowing you to choose a tenure that suits your business's cash flow.

No Collateral Required

We offer unsecured Business Loans, which means you don't have to provide any collateral or security to avail of the loan.

Multiple End-Use Options

Our Business Loans in Cochin can be used for various purposes, including purchasing equipment, inventory, raw materials, expanding operations, and more.

Quick Loan Approval

We understand the value of time for businesses and offer fast approval to ensure that you get the necessary funding on time.

We at Poonawalla Fincorp recognize the significance of financial assistance for various business types. That is why we offer Business Loans in Cochin to small businesses, MSMEs, retail stores, and sole proprietorships to fulfill their funding requirements. Our Business Loans can be utilized for diverse purposes, including procuring inventory, expanding business operations, upgrading equipment, and more. Our loan offerings feature competitive interest rates and flexible repayment tenures, enabling you to select a loan that aligns with your financial needs.

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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

The application will then proceed for verification and assessment

Here are some common purposes for availing of a Business Loan in Cochin:

Business Expansion

Business Loans can be utilized to expand your business operations, open new branches, or explore new business opportunities.

Purchasing Equipment

Business Loans can help you finance the purchase of new machinery or equipment required for business operations.

Working Capital

This unsecured loan can help to fulfill working capital requirements, such as purchasing inventory or paying salaries.

Marketing and Advertising

These collateral-free loans can be used to boost marketing and advertising activities, which can help to increase sales and revenue.

Upgrading Technology

Business Loans can help to finance the upgrade of technology, software, or infrastructure required to improve business operations.

Renovation

Business Loans can be used to renovate or remodel the business premises, which can improve the customer experience and increase business value.

Poonawalla Fincorp offers flexible Business Loans in Cochin for various purposes, including expansion, purchasing equipment, working capital, marketing, technology upgrades, and renovation. Our Business Loans come with attractive interest rates, flexible repayment options, and no collateral requirements. With a simple application process and quick approval, our dedicated customer support team is available to assist you throughout the loan process. Apply for a Business Loan in Cochin online to avail of financial assistance for your business needs.

Poonawalla Fincorp Limited

Address: 5th Floor Muscat Tower, Sahodaran Ayyappan Road, Above HP World , Kadavnathara , Cochin-682020
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6:30 pm (First, second & third Saturdays and all Sundays will be weekly off.)

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