Apply for a Business Loan in Ranchi Now!
Ranchi, the capital city of Jharkhand, is a thriving business hub with a vibrant entrepreneurial spirit. It offers a favourable ecosystem for businesses across various sectors, including manufacturing, agriculture, services, and more. Poonawalla Fincorp recognizes this demand and provides tailored Business Loan solutions to entrepreneurs in Ranchi. Our Business Loans come with attractive interest rates, flexible repayment tenure, and minimal documentation. When it comes to applying for a Business Loan in Ranchi, Poonawalla Fincorp makes the process simple and convenient. Once you submit your application, our team of experts will review it and guide you through the subsequent steps. We understand the urgency of your financial needs and strive to provide quick loan approvals, ensuring that you receive the funds promptly.
Business Loan EMI Calculator
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Business Loan Interest Rates in Ranchi
We offer competitive interest rates for our Business Loans in Ranchi to make your loan repayment easier. 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 |
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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.
Features of Business Loans in Ranchi
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Quick and Streamlined Application Process
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Competitive Interest Rates
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Flexible Repayment Options
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Dedicated Customer Support
Quick and Streamlined Application Process
Poonawalla Fincorp values customer convenience, and their Business Loan application process reflects the same. With minimal documentation requirements and a user-friendly interface, you can submit your loan application online and receive a prompt response.
Competitive Interest Rates
We offer a Business Loan at competitive interest rates, enabling you to manage your repayments effectively.
Flexible Repayment Options
Understanding the diverse needs of businesses, Poonawalla Fincorp provides flexible repayment options ranging from 12 months to 48 months. This flexibility empowers you to manage your finances efficiently and make repayments comfortably, without straining your business's financial stability.
Dedicated Customer Support
Our team of experienced professionals is available to solve your queries and provide personalized assistance throughout your loan journey.
Apply for Instant Business Loan In Ranchi within 5 Minutes
Apply
Online
Apply Online
Click on Apply Now and enter your contact details.
Business
Details
Business Details
Enter your annual business turnover and other business details.
Verification
Verification
The application will then proceed for verification and assessment
Types of Business Loan in Ranchi
Business Expansion Loans:
Poonawalla Fincorp provides Business Loans specifically designed to facilitate business growth and expansion initiatives, including entering new markets, opening additional locations, or launching new product lines.
Purchase Order Financing:
We offer financing solutions that enable businesses to fulfill large customer orders with advanced funds against confirmed purchase orders.
Bridge Loans:
We offer bridge loans to provide short-term financing for businesses until they secure long-term funding or complete a specific transaction.
Working Capital Loans:
Our Business Loan caters to your working capital requirements, ensuring smooth operations and sustained growth.
In conclusion, Poonawalla Fincorp provides an excellent opportunity for business owners in Ranchi to avail themselves of hassle-free and flexible Business Loans. With our easy online application process, competitive interest rates, and attractive features and benefits, we strive to support the growth and success of your business. Trust Poonawalla Fincorp to be your financial partner, empowering your business ambitions in Ranchi and propelling you towards greater heights of success.
Poonawalla Fincorp Branch Address in Ranchi:
Poonawalla Fincorp Limited
Address: Office No.401, 4th Floor, Samriddhi Square, Kishoreganj Chowk, Ranchi, Jharkhand – 834001
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
