business loan in raipur

Business Loan in Raipur

Starting @15%* p.a.

Attractive Interest Rates | Collateral-free | Minimal Documentation

Raipur, the capital city of Chhattisgarh in India, is a vibrant commercial hub with a growing entrepreneurial ecosystem. The city is home to a diverse range of industries, including manufacturing, services, and retail. As businesses in Raipur strive for growth and expansion, access to timely and reliable financial support becomes crucial. This is where Poonawalla Fincorp's Business Loan in Raipur come into play. Our Business Loan comes with attractive interest rates, flexible repayment tenure, and high loan amount. You can conveniently apply for a loan online through our user-friendly website. Simply fill in the required details, submit the necessary documents, and our dedicated team will guide you through the process.

%
Calculate

At Poonawalla Fincorp, we offer competitive interest rates on our Business Loans in Raipur. Kindly refer to the information below for further 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
  • 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

    Tailor-made Loan Solutions

  • Competitive Interest Rate Logo

    Competitive Interest Rates

  • Quick Processing Logo

    Collateral-free

  • Quick Processing Logo

    Flexible Repayment Options

Tailor-made Loan Solutions

Poonawalla Fincorp understands that each business has specific financial requirements. Therefore, our Business Loan in Raipur offers tailor-made solutions, allowing you to choose the loan amount that aligns with your financial needs.

Competitive Interest Rates

We offer a Business Loan at competitive interest rates, enabling you to manage your repayments effectively.

Collateral-free

Our Business Loans are collateral-free, ensuring that you can avail of funds without pledging any valuable assets or property.

Flexible Repayment Options

Recognizing the varying cash flow patterns of businesses, Poonawalla Fincorp provides flexible repayment options of up to 48 months. Thus, you can choose a repayment tenure that suits your business's financial situation.

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:

Sustaining smooth operations and ensuring steady growth is crucial for any business. Our Business Loan for Working Capital are designed to address your immediate financial needs, such as managing day-to-day expenses, paying salaries, restocking inventory, and handling unforeseen expenses.

Expansion and Renovation:

If you have plans to expand your business or renovate your existing infrastructure, our Business Loan can provide the required funds.

Business Growth:

For businesses with ambitious growth plans, our Business Loans are the ideal solution. Whether you want to explore new markets, launch innovative products or services, or expand your customer base, our loans can fuel your expansion strategies.

When it comes to fulfilling your business aspirations, Poonawalla Fincorp's Business Loan in Raipur is your ideal financial companion. With hassle-free application processes, competitive interest rates, and a range of features and benefits, our Business Loans are tailored to meet your specific requirements. Whether you are a small business owner or an established entrepreneur, our loans can provide the necessary boost to fuel your business growth.

Poonawalla Fincorp Limited

Address: Office No. 3044 to 3048, 3rd Floor, Currency Tower, VIP Road Chowk, Near Ram Mandir, Raipur, Chhattisgarh -492001
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