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

Get a Business Loan in Goa Online

Goa is known for its vibrant tourism industry and growing entrepreneurial spirit. The state also offers fertile ground for businesses of all sizes. Take your business to the next level with a Business Loan in Goa from Poonawalla Fincorp. Get up to ₹75 Lakh for working capital needs, new machinery, new product launch, debt consolidation, etc. Enjoy minimal documentation, flexible repayment tenure, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan Amount High Loan
Amount
No Collateral Required Collateral-free
Loan
Attractive Interest Rates Competitive
Interest Rate
Minimal
Documentation
Instant Disbursal Quick
Approval
Flexible Repayment Tenure Flexible
Repayment Tenure

Business Loan EMI Calculator

Check your monthly repayments with ease with our Business Loan 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 Goa

Fulfil 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 a Business Loan in Goa

Submit the 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 Goa

We offer a Business Loan at competitive interest 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 Goa

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

Who Can Get a Business Loan in Goa

  • 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

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

Is there any processing fee for availing of a Business Loan?

Yes, you have to pay a nominal processing fee of up to 3.5% for a Business Loan from Poonawalla Fincorp.

Can I get a Business Loan without pledging any collateral?

A Business Loan is a collateral-free loan. Hence, you can get it without pledging any collateral from Poonawalla Fincorp.