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

Get a Hassle-free Business Loan in Chandigarh

Chandigarh is a vibrant hub for business and culture in North India. Renowned for its modernist architecture and well-designed sectors, it offers a unique blend of heritage, progress, and limitless business growth opportunities.

Drive your business forward with Poonawalla Fincorp's Business Loan in Chandigarh. We offer accessible solutions to established businesses at attractive interest rate with minimal documentation and fast approval. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
No Collateral Required
Competitive
Interest Rate
Minimal
Documentation
Quick
Approval
Flexible Repayment
Tenure

Business Loan EMI Calculator

Calculate your monthly loan payments with our user-friendly EMI calculator. Just enter your desired 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 Chandigarh

Meet our simple eligibility criteria:

  • 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 Chandigarh

Submit the essential documents while applying:

  • 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 Chandigarh

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 Chandigarh

  • Working capital support
  • Hiring and training employees
  • Investing in new equipment
  • Capitalising on opportunities
  • Expanding operations
  • Debt repayment

Who Can Get a Business Loan in Chandigarh

  • Business owners
  • Sole proprietors
  • Retail shop owners
  • Partnership firms
  • Women entrepreneurs

Tips for a Successful Business Loan Application

  • Know your business needs
  • Check your business credit score
  • Keep all the documents ready
  • Avoid multiple applications

Poonawalla Fincorp Branch Address in Chandigarh

Poonawalla Fincorp Limited

Address: 2nd Floor, SCO 311-312, 35B, Above Canara Bank, Sector-35, Chandigarh, Punjab-160022

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 the minimum Business Loan interest rate I can get in Chandigarh?

Poonawalla Fincorp offers business loans at interest rate starting at 15%* p.a.

Who is eligible to avail of a Business Loan?

Any business owner who fulfils the following conditions can apply for a Business Loan from Poonawalla Fincorp:

  • Age: 24 and 65 years
  • Annual Turnover: At least ₹6 Lakh
  • Business Vintage: At least 2 years
How to apply for a Business Loan in Chandigarh?

You can apply for a Business Loan in Chandigarh within 5 minutes with just 3 easy steps:

Step 1: Click on “Apply Now”.

Step 2: Fill out the application form.

Step 3: Upload the required documents.

Upon successful verification, the loan amount will be credited to your bank account.