Loan Amount
Up to ₹75 Lakh
Interest Rate
Starting at 15%* p.a.
Loan Tenure
6-48 Months

Get a Quick Business Loan in Bhopal

Bhopal, the capital of Madhya Pradesh, boasts a rich history, evident in its grand mosques and archaeological treasures. This flourishing green city, adorned with lakes, is a centre of industry and culture. 

Achieve your business goals with Poonawalla Fincorp’s Business loan in Bhopal. Get a high loan amount at a competitive interest rate with minimal documents and flexible repayment tenure. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
Collateral-free
Loan
Competitive
Interest Rate
Minimal
Documentation
Quick
Approval
Flexible
Repayment Tenure

Business Loan EMI Calculator

Use our EMI calculator to determine your estimated monthly repayment amount. Simply enter your desired loan amount, repayment term, and interest rate for an immediate calculation of your EMI. Try now!

Optimise Your Business Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
15 %
30 %

Tenure

Months
6Months
48Months

Apply for a Business Loan in Just 3 Steps

Click on "Apply Now”

Tap the "Apply Now" button to initiate your application.

Enter Details

Enter your DOB, PAN card number, monthly income, and residential details.

Upload Documents

Upload the necessary documents for quicker approval.

On successful verification, the loan amount will be disbursed into your bank account instantly.

Get exclusive offers thoughtfully customised just for you

Eligibility Criteria for a Business Loan in Bhopal

Meet our simple eligibility criteria:

  • Age: Between 24 and 65 years.
  • Citizenship: Indian.
  • Business Vintage: At least 2 years.
  • Annual Turnover: Minimum of ₹6 Lakh.

Documents Required for Business Loan in Bhopal

Submit just a few mandatory documents:

  • KYC Documents
  • Business Address Proof
  • Financial Documents

Click to know more about the documentation in detail.

Interest Rate and Charges for a Business Loan in Bhopal

Secure funding for your venture with our competitive rate and nominal charges:

Interest Rate
15%* p.a. onwards
Loan Amount
₹5 Lakh to ₹75 Lakh
Loan Processing Fees
Up to 3.5%
Lowest EMI Per Month
Starting from ₹13,915* per Lakh for 48 months
Loan Tenure
6-48 months
Prepayment/Foreclosure Charges
Up to First 6 EMIs: 6% on principal outstanding + taxes

After 6 EMIs: 5% on principal outstanding + taxes
Default Charges
24% p.a. + taxes
Repayment Instrument Dishonour Charges
₹500 per bounce
Stamp Duty
At actuals (as per state)
Hidden Charges
Nil

Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf

*T&C Apply

Different Uses of a Business Loan in Bhopal

  • Business expansion
  • Buying new stock and inventory
  • Debt consolidation
  • Workforce expansion
  • Machinery equipment or software purchase

Who Can Get a Business Loan in Bhopal

  • Women entrepreneurs 
  • MSMEs 
  • Partnership firm 
  • Sole proprietor 
  • Private Ltd Co. 
  • Trust 
  • LLP 

Tips for a Successful Business Loan Application

  • Know your business needs
  • Prepare a business plan
  • Check your business credit score
  • Keep all the documents ready

Poonawalla Fincorp Branch Address in Bhopal

Poonawalla Fincorp Limited

Address: 1st Floor, Mahaveer Avenue, Plot No.2, R-2, Zone-01, Maharana Pratap Nagar, Bhopal, Madhya Pradesh-462011

Contact Number: 1800-266-3201 (Toll Free)

Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

What is a Business Loan?

A Business Loan is a source of business financing that offers funds to fulfil all your business needs, such as working capital requirements, funds for scaling up operations, inventory management, launching new products, spending on marketing, etc.

When should I take out a Business Loan?

Any time is good to take out a Business Loan. However, you must have a minimum business of 2 years. 

What are the benefits of taking a Business Loan?

A Business Loan allows you to expand your business operations, fulfil working capital requirements, buy new machinery and equipment, etc. Taking this loan from Poonawalla Fincorp has various benefits like attractive interest rate, flexible repayment tenure, minimal document requirements, and a hassle-free application process.

What is a flexible loan tenure?

Flexible loan tenure is one of the features of a Business Loan from Poonawalla Fincorp. It provides you with the benefits of choosing from a loan repayment tenure that ranges between 6 and 48 months as per your financial comfort.

How much capital can I access with a Business Loan?

You can secure a high loan amount of up to ₹75 Lakh with our Business Loan. The amount you can avail of depends on you and your company’s finance and credit profile.

How to apply for a Business Loan?

Apply for a Business Loan from Poonawalla Fincorp in just 3 steps:

Step 1: Click on ‘Apply Now’.

Step 2: Upload the required documents.

Step 3: Get funds in your bank account.

On successful verification, the loan amount will be disbursed into your bank account.