Apply for Business Loan in Nagpur
Nagpur, located in the state of Maharashtra, is known for its thriving business community and has a diverse range of industries, including manufacturing, trading, and services. To fulfil the needs of various businesses in these industries, Poonawalla Fincorp provides various financial products like Business Loans.
Applying for a Business Loan in Nagpur has never been easier. We understand the value of your time and aim to simplify the loan application process. With a user-friendly online platform, you can conveniently submit your application from the comfort of your home or office without any hassle.
Business Loan EMI Calculator
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Business Loan Interest Rates in Nagpur
Poonawalla Fincorp offers competitive interest rates on Business Loans in Nagpur. By providing transparent and affordable interest rates, we make sure that you can access the funds you need without burdening your business with excessive costs.
To get a precise estimate of the interest rate applicable to your Business Loan, you can use the online loan calculators available on the Poonawalla Fincorp website. The below-mentioned table gives a snapshot of our Business Loan and related details:
| 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 |
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| 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.
Features and Benefits of Business Loans in Nagpur
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Need-based Loan Amount Range
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Quick Approval and Disbursal
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Minimal Documentation
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Flexible Repayment Options
Need-based Loan Amount Range
Our Business Loans in Nagpur start from ₹5 Lakh to ₹75 Lakhs, allowing you to choose a loan amount that aligns with your business requirements.
Quick Approval and Disbursal
Poonawalla Fincorp understands the urgency of funds for your business and facilitates a quick loan process from application to disbursal.
Minimal Documentation
The documentation process is hassle-free, ensuring that you can focus on your business without worrying about extra paperwork.
Flexible Repayment Options
Our Business Loans come with flexible repayment options, including convenient EMIs (Equated Monthly Instalments), making it easier to repay the loan without straining your finances.
Apply for Instant Business Loan In Nagpur within 5 Minutes
Apply
Online
Apply Online
Click on Apply Now and enter your contact details.
Business
Details
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 Nagpur
Flexible Line of Credit:
Get access to funds as needed and repay based on cash flow, suitable for managing variable expenses or unexpected costs.
Franchise Financing:
Tailored loans for businesspersons investing in a franchise business, covering franchise fees, and working capital needs.
Conclusion
Securing a Business Loan in Nagpur is a crucial step toward achieving your entrepreneurial goals. Poonawalla Fincorp understands the unique challenges faced by businesses in Nagpur and offers tailored financial solutions to address them. Don't let financial constraints hold you back from realizing your business potential. Apply for a Business Loan in Nagpur today.
Poonawalla Fincorp Branch Address in Nagpur
Poonawalla Fincorp Limited
Address: 1st Floor, Vision, Plot No. 9, CTS No. 1062, VIP road, beside traffic park, Mouje Gadge, Dharampeth, Nagpur, Maharashtra-440010
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
