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

Get a Quick Business Loan in Bilaspur

Bilaspur is known for its rich cultural heritage and developing industries, making it a prime location for business ventures. Having a business in the city brings opportunities but may require adequate funds to take it to the next level. Get a Business Loan in Bilaspur from Poonawalla Fincorp. We offer up to ₹75 Lakh at attractive interest rate with minimal documentation, quick approval, 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

Plan your business' monthly repayments with ease with our EMI calculator. Just enter the loan amount, term, and interest rate. 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 Bilaspur

Meet our simple eligibility criteria to qualify:

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

Documents Required for a Business Loan in Bilaspur

Submit the 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 Bilaspur

Get Business Loan at an attractive interest rate and minimal 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 Bilaspur

  • Improve business set-up
  • Purchase and upgrade equipment
  • Stock-up inventory
  • Debt consolidation
  • Manage working capital

Who Can Get a Business Loan in Bilaspur

  • Sole proprietors
  • Retail shop owners
  • Small business owners
  • Women entrepreneurs

Tips for a Successful Business Loan Application

  • Check the eligibility criteria
  • Review your credit score
  • Avoid multiple inquiries
  • Reduce liabilities

Poonawalla Fincorp Branch Address in Bilaspur

Poonawalla Fincorp Limited

Address: Shop No. S - 07 & 08, 03rd Floor, B. R. Gwalani Chambers, Vyapar Vihar, Bilaspur, Chhattisgarh -495001

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

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

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

Do I have to pay any processing fee for getting a Business Loan?

Yes, a nominal processing fee of up to 3.5% is charged when you apply for a Business Loan from Poonawalla Fincorp.

What is the maximum tenure for a Business Loan?

With a Business Loan from Poonawalla Fincorp, you can opt for a repayment tenure between 6 and 48 months based on your convenience.

Can I get a Business Loan without pledging any collateral?

Yes, you can get a Business Loan without pledging any collateral from Poonawalla Fincorp.