business loan in rajkot

Business Loan in Rajkot

Starting @15%* p.a.

Attractive Interest Rate | Collateral-free | Less Paperwork

Rajkot is a vibrant city in the state of Gujarat, India. Known for its rich cultural heritage, entrepreneurial spirit, and thriving business community, Rajkot has emerged as a prominent economic hub in the region. The city boasts a diverse range of industries, including manufacturing, textiles, jewellery, and agriculture, fostering a conducive environment for business growth and expansion.

In such a dynamic and competitive business landscape, entrepreneurs and small business owners often require financial support to fuel their growth aspirations. This is where Poonawalla Fincorp's Business Loan comes into play. Poonawalla Fincorp, a trusted Non-Banking Financial Company (NBFC), offers tailored financial solutions to meet the unique needs of businesses in Rajkot.

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Poonawalla Fincorp offers competitive interest rates on Business Loans in Rajkot. Please check the table below for more 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.

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    Fast Approval Process

  • Competitive Interest Rate Logo

    Flexible Loan Amounts

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    Competitive Interest Rates

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    Collateral-Free Loans

Fast Approval Process

Our Business Loans in Rajkot come with a fast approval process, allowing you to access funds quickly. With minimal documentation requirements and efficient loan processing, you can receive the necessary capital in a timely manner, ensuring that your business plans can proceed without unnecessary delay.

Flexible Loan Amounts

Whether you need a small loan to cover immediate expenses or a larger amount for significant investments, Poonawalla Fincorp offers flexible loan amounts to suit your requirements. You can choose the loan amount that aligns with your business needs, ensuring that you have access to the right financial resources to achieve your business goals.

Competitive Interest Rates

Our Business Loans come with competitive interest rates, making it easier for you to manage your repayment obligations. With attractive interest rates, you can save on borrowing costs and allocate your funds more efficiently toward business growth.

Collateral-Free Loans

We provide collateral-free Business Loans in Rajkot. This feature allows you to secure financing without risking your valuable assets. It also expedites the loan approval process, making it more convenient for businesses that may not have substantial collateral to offer.

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Click on Apply Now and enter your contact details.

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Business
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Business Details

Enter your annual business turnover and other business details.

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The application will then proceed for verification and assessment

Working Capital Loans:

Our Business Loan caters to your working capital requirements, ensuring smooth operations and sustained growth.

Expansion and Renovation Loans:

If you're planning to expand your business or renovate your existing infrastructure, our loan can provide the necessary funds.

Business Growth Loans:

For businesses with ambitious growth plans, our loan can fuel your expansion strategies and help you tap into new opportunities.

Inventory Financing:

Avail of funds to manage your inventory efficiently, ensuring uninterrupted supply and meeting customer demands.

When it comes to getting financial support for your business in Rajkot, Poonawalla Fincorp's Business Loans are an ideal choice. With competitive interest rates, a simplified application process, and a host of features and benefits, we aim to empower businesses to thrive and grow. Apply for a Business Loan in Rajkot with Poonawalla Fincorp today and unlock the potential of your business.

Poonawalla Fincorp Limited

Address: Office No.306, 3rd Floor, Twin Star, South Block, Near Silver Height, Nana Mawa Chowk, 150 Ring Road, Rajkot, Gujarat-360005
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

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