business loan in vellore

Business Loan in Vellore

Starting @15%* p.a.

Smooth Disbursal | Collateral-free | Competitive Interest Rate

Vellore, located in the southern state of Tamil Nadu, is a bustling city known for its rich history, educational institutions, and emerging business opportunities. As businesses in Vellore strive to expand and thrive, the need for financial assistance becomes crucial. Poonawalla Fincorp, a reputable financial institution, offers Business Loans specifically designed to cater to the unique requirements of businesses in Vellore.

Applying for a Business Loan in Vellore with Poonawalla Fincorp is a seamless process. You can easily apply online through our user-friendly website or visit the branch in Vellore for personalized assistance. With a simple application form and minimal documentation requirements, Poonawalla Fincorp ensures quick loan processing, ensuring that you can access the funds you need to grow your business efficiently.


Poonawalla Fincorp offers competitive interest rates on Business Loans in Vellore, making it affordable for entrepreneurs to borrow the required capital. Further details can be found below:

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 2% per month
Repayment Instrument Dishonor Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges
  • Easy To Apply Logo

    Minimal Documentation

  • Competitive Interest Rate Logo

    Quick Loan Approval

  • Quick Processing Logo

    No Collateral Required

  • Quick Processing Logo

    Dedicated Customer Support

Minimal Documentation

Poonawalla Fincorp ensures a hassle-free loan application process with minimal documentation requirements, saving you time and effort.

Quick Loan Approval

With a streamlined loan approval process, Poonawalla Fincorp ensures swift approval and disbursal of funds to support your business growth.

No Collateral Required

Poonawalla Fincorp offers unsecured Business Loans, eliminating the need for collateral and reducing the risk associated with securing the loan.

Dedicated Customer Support

Poonawalla Fincorp provides dedicated customer support to assist you throughout the loan application and repayment process, addressing all the queries or concerns.

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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

Small Business Loans:

Poonawalla Fincorp offers Business Loan to Small Businesses catering to different financial requirements.

Business Loan for Working Capital:

This financial tool empowers businesses to access funds as needed, providing them with the flexibility to manage their cash flow effectively and address immediate funding requirements.

Business Loan for Women:

Poonawalla Fincorp offers financing solutions tailored for businesswomen to cater different financial requirement regarding their business.

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