business loan in ranchi

Business Loan in Ranchi

Starting @15%* p.a.

Quick Disbursal | Collateral-free | Minimal Documentation

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.


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 ₹1 Lakh to ₹50 Lakh
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 0%* If paid from own sources & 4% If paid from other sources
Default Interest 3% per month
Repayment Instrument Dishonor Charges ₹1000 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges
  • Easy To Apply Logo

    Quick and Streamlined Application Process

  • Competitive Interest Rate Logo

    Competitive Interest Rates

  • Quick Processing Logo

    Flexible Repayment Options

  • Quick Processing Logo

    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.

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Apply Online

Click on Apply Now and enter your contact details.

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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

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 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

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