Business Loan in Uttarakhand

Business Loan in Uttarakhand

Up to ₹50 Lakh | Collateral-free | Quick Disbursal

Uttarakhand has abundant resources due to forests and mountains, and its agroclimatic conditions mainly support horticulture-based industries. It is experiencing rapid growth due to increased capital investment driven by favourable industrial policies and tax incentives. If you are looking forward to availing a Business Loan in Uttarakhand, a Business Loan from Poonawalla Fincorp.

Get up to ₹50 Lakh with minimal documentation, quick disbursal with no hidden charges at competitive interest rates and. Apply now!

An EMI calculator is an online financial tool that helps you determine the monthly EMI of a Business Loan in Uttarakhand. Enter the loan amount, interest rate, and tenure of the loan to calculate the exact EMI using Poonawalla Fincorp’s EMI calculator.


Here are the interest rate and additional charges:

Types of Fee Applicable Charges
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 and 4% If paid from other sources
Default Interest 2% per month
Repayment Instrument Dishonor Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges
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Business Loan in Uttarakhand Eligibility Criteria

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Here are the eligibility criteria for Business Loan in Uttarakhand:

  • 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.

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Documents Required for Business Loan in Uttarakhand

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Submit the following documents while applying for our Business Loan in Uttarakhand:

Document Category Business Loan in Uttarakhand Documents
KYC Documents
  • Company’s PAN Card/Aadhaar Card/Driving License/Voter ID/Passport, Director/ Proprietor/ Partner PAN Card/Aadhaar Card/Driving License/Voter ID/Passport.
  • Proprietor/ Partner/ Director PAN Card/Aadhaar Card/Driving License/Voter ID/Passport, Electricity bill, Rent Agreement.
  • Personal documents- All individuals/ Partners/ Director- PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport, officially valid documents, and proof of address.
  • Business documents- Business registration proof + Business address proof (if not the same as business registration proof).
Financial Documents Bank account statement for the last 6 months.
Business Address Proof Utility bills/ Rent agreement.

Note: The above-mentioned Business Loan documents list is indicative. Additional documents may be required during loan processing.

Here are the features and benefits of Business Loan in Uttarakhand:

  • No Collateral logo

    Higher Loan Amount

  • Attractive Interest Rates logo


  • Attractive Interest Rates logo

    Competitive Interest rates

  • High Loan Amounts logo

    Minimal Documentation

  • Minimal marriage loan documents required logo

    Flexible Loan Tenure

  • Minimal marriage loan documents required logo

    Online Application Process

  • Higher Loan Amount: Get up to ₹50 Lakh.
  • 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 from our official website.

Apply for a Business Loan in Uttarakhand in 3 simple steps:

  • Step 1: Click the "Apply Now" button and enter your contact details
  • Step 2: Enter important business information, such as your company's annual turnover
  • Step 3: Click "Submit," and the application will be evaluated and verified

Upon successful verification of your application, the approved amount will be credited to your bank account.

What are the factors that can affect the interest rate and charges of a Business Loan?

Factors that can affect the interest rate of a Business Loan are credit score, business type and vintage, loan amount and market conditions.

What are the foreclosure or prepayment charges associated with it?

There are no prepayment or foreclosure charges involved if the amount is paid from your own sources. However, if the amount is paid from other sources, a penalty of 4% is levied.

Are there any applicable taxes while availing a Business Loan?

Yes, there are applicable taxes levied when paying the loan-processing fee, making prepayments or paying the penalty charges in case of defaults.

*Terms & Conditions Apply

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