Get Business Loan in Pune
The financial support to partner for your entrepreneurial goals!
The vibrant city of Pune, also known as the ‘Oxford of the East’, is often considered to be the cultural capital of Maharashtra. In recent years, the city has transformed into an IT and education hub, with a cluster of companies in the engineering, information technology, and automotive sectors setting their bases here.
Demographically, Pune has a cosmopolitan population that is mostly comprised of those under the age of 30, making them a high-potential customer base that can help any business flourish. Moreover, the prospect of expanding your business in Pune can be quite a challenging yet rewarding endeavor for business owners.
Business Loan EMI Calculator
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Business Loan Interest Rates in Pune
No matter whether the business is small or big, all entrepreneurs require adequate funding to run their businesses successfully. In this regard, availing of a Business Loan can be an ideal solution to address any immediate funding need for the business.
To ensure business growth, Poonawalla Fincorp offers a Business Loan in Pune at the lowest interest rates. Our interest rates on Business Loans are designed in a way that the EMIs are never a burden on your pocket. Hence, you can opt for an unsecured Business Loan in Pune to achieve your business goals without worrying about paying a huge EMI every month.
| Types of fee | Applicable Charges |
| Rate of interest | 15% to 28% p.a.* |
| Processing fees | Up to 3% plus applicable taxes |
| Repayment Instrument Dishonor Charges | ₹500 per bounce plus applicable taxes |
| Default Interest | 2% per month |
| Loan Amount | ₹5 Lakh to ₹50 Lakhs |
| Lowest EMI per month | Starting from ₹2,783* per Lakh for 48 months |
| Loan Tenure | 6 - 48 months |
| Prepayment/Foreclosure Charges | 5% on principle outstanding plus applicable taxes |
| Stamp Duty | At actuals (as per state) |
| Penal Interest | 2% monthly on the defaulted EMI amount |
Eligibility Criteria for Unsecured Business Loan in Pune
To make the loan application process seamless, we have kept our eligibility requirements very simple and flexible. You need to meet the following eligibility criteria to avail of a Business Loan in Pune:
Age
22 to 65 years
Business Vintage
Minimum two years
Annual turnover
Minimum ₹6 Lakh
- The applicant should not be less than 22 years and not more than 65 years.
- Applicants must have a business vintage of a minimum of 2 years
- The applicant’s business must have a minimum annual turnover of ₹6 Lakh.
Documents Required to Apply for a Business Loan in Pune
To avail of a Business Loan in Pune with Poonawalla Fincorp, you need to submit the following documents:
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KYC Documents
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Business Address Proof
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Financial Documents
KYC documents:
- Company PAN Card, Director/Proprietor/Partner PAN Card, Aadhaar Card, Passport, Driving Licence, Voter ID
- Director/Proprietor/Partner PAN Card, Aadhaar Card, Passport, Driving Licence, Voter ID/ Rent Agreement/Utility Bills
- Personal documents: All Director/Partner/Individual – PAN Card, Aadhaar Card, Passport, Driving Licence, Voter ID and officially valid documents and address proof (if not as per officially valid documents)
- Business Documents: Business address and registration proof (If not as per Business registration proof)
Business Address Proof: Rent Agreement/Utility Bills
Financial Documents: Last 6 months’ bank statement
Just keep these documents ready to get a Business Loan in no time.
Benefits of Taking a Business Loan in Pune
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Unsecured Business Loan in Pune with no security or collateral
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High loan amount of up to ₹50 Lakh
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Attractive and low interest rate
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Flexible repayment tenure of up to 48 months
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Minimal documentation and quick processing
- Unsecured Business Loan in Pune with no security or collateral - Unsecured Business Loans in Pune are given to firms without any security or collateral to help them grow further.
- High loan amount of up to ₹50 Lakh - We provide Business Loans in Pune up to ₹50 Lakh, allowing you to expand your business and reach new heights.
- Attractive and low interest rate - We offer attractive and low interest rates for Business Loans in Pune. Therefore, you don’t have to look anywhere else when you apply for a loan.
- Flexible repayment tenure of up to 48 months - At Poonawalla Fincorp, we provide a flexible repayment tenure of up to 48 months. This gives business owners enough time to pay us back within the stipulated period.
- Minimal documentation and quick processing - Arranging various sets of documents required during loan processing are one of the biggest headaches for a loan seeker. It can sometimes be tiresome. However, at Poonawalla Fincorp, we provide loans with minimal documentation so you get a loan with hassle-free processing and quick approvals. You don’t have to worry about anything else, and instead, focus on the utilization of money for the growth of your business in the wonderful city of Pune.
Reasons to Get a Business Loan in Pune
While every business requires capital to operate and expand, but obtaining such funds is not always simple for business owners or managers.
Going in for a low-interest rate Business Loan is the best approach to get additional financing that will help you manage your business. Nowadays, getting a Business Loan has become much easier, thanks to easy, quick, and hassle-free process by lenders. If you are a business owner or manager looking for an unsecured Business Loan in Pune for your firm, you are in for luck!
At Poonawalla Fincorp, we provide Business Loan to businesses of all sizes which can be used in the form of a Working Capital at low-interest rates. Therefore, if you are looking for a Business or MSME/SME Loan provider to support your endeavors in Pune, look no further. We provide high-value unsecured Business Loans at competitive interest rates to help you achieve your goals.
You can also avail of our Working Capital Loan in Pune and enjoy a host of benefits with flexible, easy, and quick financing.
Apply for Instant Business Loan In Pune within 5 Minutes
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Online
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Business
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Business Details
Enter your annual business turnover and other business details.
Verification
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The application will then proceed for verification and assessment
Frequently Asked Questions
Applying for a Business Loan in Pune is quite simple with Poonawalla Fincorp. All you need to follow the below-mentioned simple application process:
- Step 1: Visit the Poonawalla Fincorp website by clicking on the link https://business-loan.poonawallafincorp.com/.
- Step 2: Fill in the required details in the application form
- Step 3: Submit all the required documents
- Step 4: After the document’s submission, loan application is processed for verification
- Step 5: After verification, we will approve the loan and disburse the loan amount directly to your bank account after you authorize the same
Poonawalla Fincorp Limited
Address: Unit no. 2&3, 2nd Floor, Survey No-30/2/3/1, Balaji Nagar, Above Bank Of Baroda, Dhankawadi, Pune, Maharashtra-411043
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Poonawalla Fincorp Limited
Address: A201 & 202, 2nd floor, AP-81, Koregaon Park Annex, Mundhwa Road, Near Raga Lawns, Mundhwa, Pune - 411036
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
