business loan in mysore

Business Loan in Mysore

Starting @15%* p.a.

Online Access | Simple Process | Minimal Documentation

Ready to take your business in Mysore to new heights? Poonawalla Fincorp is here to make the application process easy and convenient for you. With our user-friendly online platform, you can complete your Business Loan application easily. Just provide the necessary information, submit the required documents, and our dedicated team will guide you through the rest. Take the first step toward realizing your business goals by applying for a Business Loan in Mysore with Poonawalla Fincorp.

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We offer competitive interest rates on Business Loans in Mysore. Please check the following details to know more about our Business Loan:

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.

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    Customizable Loan Amount

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    Streamlined Application Process

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    Competitive Interest Rates

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    Flexible Repayment Options

Customizable Loan Amount

Whether you need a small infusion of capital or a substantial loan amount, we offer flexibility in calculating the Business Loan amount that suits your specific needs.

Streamlined Application Process

Our Business Loan application process is designed to be quick, hassle-free, and user-friendly.

Competitive Interest Rates

We provide Business Loans in Mysore at attractive interest rates so you can manage your business finances better.

Flexible Repayment Options

Our Business Loan comes with a repayment tenure of up to 48 months. This allows you to choose a duration that aligns with your business's cash flow and profitability.

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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

Line of Credit:

Poonawalla Fincorp offers businesses a revolving line of credit, providing flexible access to funds and repayment based on cash flow.

Franchise Financing:

We offer specialized loans for business owners seeking to invest in a franchise business.

Debt Consolidation Loans:

You can simplify your business's debt management with Poonawalla Fincorp's loans.

Poonawalla Fincorp is committed to empowering local businesses and driving their growth through our Business Loans in Mysore. Whether you need working capital for a small business or are planning expansion as a larger enterprise, our Business Loans provide the financial assistance that best meets your requirements. Embrace the opportunities that lie ahead with Poonawalla Fincorp’s Business Loan needs in Mysore.

Poonawalla Fincorp Limited

Address: 2nd Floor, House No.53, 53/1, 53/2, 53/3, 53/4, 53/5, 5th Main, 5th Cross, Saraswathipuram,Chamaraja Mohalla, Mysore, Karnataka - 570009
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

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