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 Hubli

Hubli, located in north Karnataka, is not only the commercial hub of cotton and iron but also offers a plethora of business opportunities to its residents. Take a step towards growing your business with a collateral-free Business Loan from Poonawalla Fincorp. Enjoy hassle-free application, minimal documentation and no hidden charges. 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

Know about your EMI repayments in advance with the help of our EMI calculator. Just enter the loan amount, interest rate and tenure to get accurate results. Calculate now!

Optimise Your Business Loan Experience
With Monthly Budget Planning

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

Loan Amount

Rupees one lakh

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 Hubli

Meet our simple eligibility criteria:

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

Documents Required for a Business Loan in Hubli

Submit just a few mandatory documents to apply:

  • 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 Hubli

Avail of a Business Loan at 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% plus applicable taxes
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 plus applicable taxes
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 Hubli

  • Business expansion
  • Capitalising opportunities
  • Working capital needs
  • Cash flow stabilisation
  • Equipment purchase
  • Debt consolidation

Who Can Get a Business Loan in Hubli

  • Small businesses
  • Women-led businesses
  • MSMEs
  • Proprietors
  • Retail shops
  • Manufacturing businesses

Tips for a Successful Business Loan Application

  • Define your needs properly
  • Check your credit score
  • Check your eligibility
  • Keep the documents handy

Poonawalla Fincorp Branch Address in Hubli

Poonawalla Fincorp Limited

Address: 2nd Floor, Kulburgi-Mahalakshmi Mansion, New Cotton Market, Hubli-580029

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

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

Happy Customers, Happy Us

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

rightArrow
rightArrow

Frequently Asked Questions

Is there a way to access the online repayment schedule?

Yes, you can easily access the online repayment schedule by using our EMI calculator. Just enter the accurate loan amount, interest rate, and tenure to know your EMI payable.

What is the maximum tenure for the Business Loan?

We offer a Business Loan with a flexible repayment tenure between 6 and 48 months, which you can tailor according to your monthly budget.

Do I have to pay any penalty fee for prepaying a loan?

There are foreclosure charges. For the first 6 EMIs, the charge is 6% on the principal outstanding plus taxes, and after 6 EMIs, it is 5% on the principal outstanding plus taxes.