Apply for Business Loan in Madurai
Madurai, the cultural capital of Tamil Nadu, is not only known for its historical significance but also for emerging as a thriving business hub. For entrepreneurs and business owners in Madurai seeking financial assistance, Poonawalla Fincorp offers Business Loans tailored to their specific needs.
When it comes to obtaining a Business Loan in Madurai, Poonawalla Fincorp simplifies the entire process. The application process is quick and efficient, ensuring that you receive a prompt response at each stage from application to disbursal.
Business Loan EMI Calculator
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Business Loan Interest Rates in Madurai
Poonawalla Fincorp’s Business Loan interest rates in Madurai are tailored to suit the specific needs and repayment capacity of each borrower. Kindly refer to the information below for further details:
| Business Loan Interest Rates | 15% p.a. onwards |
| Loan Amount | ₹1 Lakh to ₹50 Lakh |
| 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 | 0%* If paid from own sources & 4% If paid from other sources |
| Default Interest | 3% per month |
| Repayment Instrument Dishonor Charges | ₹1000 per bounce plus applicable taxes |
| Stamp Duty | At actuals (as per state) |
| No Other Hidden Charges | |
Features and Benefits of Business Loans in Madurai
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Collateral-Free Loans
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Quick Approval and Disbursal
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Convenient Repayment Options
Collateral-Free Loans
Poonawalla Fincorp provides collateral-free Business Loans, eliminating the need to pledge your assets or property as security.
Quick Approval and Disbursal
With Poonawalla Fincorp, you can expect quick loan approval and disbursal, ensuring that you can address your business needs promptly.
Convenient Repayment Options
The repayment options offered by Poonawalla Fincorp are designed to be convenient and flexible, allowing you to choose the tenure that suits you best.
Apply for Instant Business Loan In Madurai within 5 Minutes
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Online
Apply Online
Click on Apply Now and enter your contact details.
Business
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Business Details
Enter your annual business turnover and other business details.
Verification
Verification
The application will then proceed for verification and assessment
Types of Business Loans in Madurai
Term Loans:
Term loans serve as a reliable financing option for various purposes, including business expansion and project funding.
Infrastructure Upgrades:
Business Loans can help you upgrade your existing infrastructure to make your business more efficient and increase overall productivity.
Working Capital Loans:
We recognize the importance of managing day-to-day operational expenses and provide Business Loans to boost working capital reserves.
Conclusion
When it comes to fulfilling your business aspirations in Madurai, Poonawalla Fincorp is your trusted financial partner. With their Business Loans, you can access the funds you need to fuel growth, expand your operations, or meet any other business requirements. We ensure that your borrowing experience is smooth and convenient. Don't let financial constraints hold back your business ambitions.
Poonawalla Fincorp Branch Address in Madurai:
Poonawalla Fincorp Limited
Address: "ATP Tower", Door No. 12A, 4th Floor, Bypass Road, Madurai, Tamilnadu-625016
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
*Terms & Conditions Apply
