business loan in nellore

Business Loan in Nellore

Starting @15%* p.a.

Swift Disbursal | Collateral-Free Loan | Flexible Tenure

To apply for a Business Loan in Nellore, simply visit the Poonawalla Fincorp website or contact their nearest branch. Fill out the application form, providing details about your business, financial statements, and loan requirements. Poonawalla Fincorp's dedicated team will review your application and guide you through the documentation process. Once approved, you can access the funds to fuel your business's progress and achieve your goals.

%
Calculate

Poonawalla Fincorp offers competitive interest rates on Business Loans in Nellore. Please check the loan details mentioned for more information:

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 Amounts

  • Competitive Interest Rate Logo

    Quick Approval Process

  • Quick Processing Logo

    Customized Repayment Options

  • Quick Processing Logo

    Transparent Terms and Conditions

Flexible Loan Amounts

With Poonawalla Fincorp, you have the flexibility to choose a loan amount that suits your specific needs.

Quick Approval Process

We value your time and aim to provide a prompt response to your loan application.

Customized Repayment Options

We offer tailored repayment options to ensure that your loan repayment is convenient and aligned with your business cash flow.

Transparent Terms and Conditions

We believe in maintaining transparency in our Business Loan terms and conditions, empowering you to make informed financial decisions for your business.

Semi Circle Logo
Laptop Logo
Apply
Online

Apply Online

Click on Apply Now and enter your contact details.

Semi Circle Logo
Document Required Logo
Business
Details

Business Details

Enter your annual business turnover and other business details.

Semi Circle Logo
Laptop Logo
Verification

Verification

The application will then proceed for verification and assessment

Working Capital Loans:

These loans are designed to provide businesses with the necessary funds for day-to-day operations, managing inventory, meeting payroll, and addressing short-term financial needs.

Term Loans:

These loans can be availed of for business expansion, project funding, or working capital requirements.

Retail Business Loans:

These loans can be utilized for inventory management, store expansion, or technology upgrades.

When it comes to acquiring a Business Loan in Nellore, Poonawalla Fincorp stands out as a reliable and customer-focused financial institution. With our competitive interest rates, flexible loan amounts, and hassle-free application process, we make obtaining a Business Loan a seamless experience. Reach out to Poonawalla Fincorp today to explore the opportunities that await your business in Nellore.

Poonawalla Fincorp Limited

Address: 4th floor, Sri Chamundeswari Plaza,House no.24/2/418, Saraswathi Nagar, Dargamitta , Nellore,Andhra Pradesh-524003
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

Explore Types of our Business Loan Arrow Logo

Insightful Business Loan Blogs Arrow Logo

Best Time To Apply for Business Loan
When is the Right Time to Take a Business Loan?

Many startups and businesses start with little capital and big dreams. Thankfully, there is a facility called a business loan that can help you achieve

questions to be asked for business loan
What are the Questions Asked on Small Business Loan Applications?

As a small business owner, you may need funding from time to time to continue your business operations. And unlike a few decades ago,

Contact Us logo Quick Apply CIBIL Score logo Free CIBIL Whatsapp logo Connect on WhatsApp