Overview
Rajasthan provides plenty of economic opportunities. It is the largest producer of oilseeds, spices, cement, polished diamonds, and other gemstones. Its highly developed infrastructure and vibrant business ecosystems make Rajasthan a great place to grow a business. To upgrade or expand your business, get a Business Loan in Rajasthan from Poonawalla Fincorp.
Get up to ₹75 Lakhs at competitive interest rates with flexible repayment tenure and no hidden charges. Take your business to new heights. Apply now!
Business Loan in Rajasthan EMI Calculator
Use the Business Loan EMI Calculator to compute EMI outgo. Enter the loan amount, interest rate and tenure and the calculator will instantly display the EMI amount.
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EMI Amount = *
Interest Rates and Other Charges
Here is a detailed overview of the interest rate and other charges:
| 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.
Business Loan in Rajasthan Eligibility Criteria and Required Documents
Business Loan in Rajasthan Eligibility Criteria
Here are the eligibility criteria for Business Loan in Rajasthan:
- Age: Applicant must be between 24 to 65 years.
- Business Vintage: The business must have been operational for at least 2 years.
- Financial Performance: The business must have a minimum annual turnover of ₹6 Lakh.
Note: The above-mentioned Business Loan eligibility list is indicative. Additional eligibility criteria may be required during loan processing by Poonawalla Fincorp.
Documents Required for Business Loan in Rajasthan
Here are the necessary documents required:
| Documents | Requirement |
| KYC |
|
| Business Address Proof | Utility Bills/ Rent Agreement |
| Financial Documents | Bank account statement for the past 6 months. |
Note: The above-mentioned Business Loan documents list is indicative. Additional documents may be required during loan processing.
Features and Benefits of Business Loan in Rajasthan
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Higher Loan Amount
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Collateral-Free
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Competitive Interest rates
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Minimal Documentation
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Flexible Loan Tenure
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Online Application Process
- Higher Loan Amount: Get up to ₹75 Lakhs.
- Collateral-Free: Avail the loan without pledging any collateral.
- Competitive Interest rates: Get interest starting at 15% p.a.
- Minimal Documentation: Provide business address proof, KYC and financial documents.
- Flexible Loan Tenure: Choose repayment tenure of up to 48 months.
- Online Application Process: Apply online on our website.
How to Apply for Business Loan in Rajasthan
Apply for a Business Loan in Rajasthan in 3 simple steps:
- Step 1: Click on the ‘Apply Now’ button.
- Step 2: Fill in the required details on the loan application form.
- Step 3: Upload necessary documents.
On successful verification, the loan amount will be transferred to your bank account.
Frequently Asked Questions
We offer swift and convenient business loans up to ₹75 Lakhs. Eligible borrowers can avail this loan with attractive interest rates and repay them as smaller EMI with a flexible repayment tenure.
You can borrow up to ₹75 Lakhs as a Business Loan in Rajasthan with us. However, your company’s annual finances and credit profile will impact your final loan eligibility.
With our Business Loan, you can enjoy diverse benefits like high loan amounts, attractive interest rates, quick disbursal and minimal documentation.
You must have a business operating for at least 2 years to avail our Business Loan in Rajasthan.
To avail Business Loan in Rajasthan from Poonawalla Fincorp, you must have a credit score of 750 or above.
*T&C Apply
