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

Get a Quick Business Loan in Jalandhar

Jalandhar has emerged as an industrial hub and centre of trade in Punjab. Accomplish steady business growth with a collateral-free Business Loan in Jalandhar from Poonawalla Fincorp. 

Avail of up to ₹75 Lakh to stock inventory, purchase high-tech machinery, scale up business operations, consolidate debt, etc. Enjoy attractive interest rate, fast approval, and zero hidden charges. Apply now! 

Why Choose Poonawalla Fincorp

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

Business Loan EMI Calculator

Plan your loan repayments with our EMI calculator. Strategically map out your EMIs, ensuring you are on track with your monthly budget goals.

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 Jalandhar

Meet our simple eligibility criteria to qualify:

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

Documents Required for a Business Loan in Jalandhar

Say goodbye to hefty paperwork and submit the essential documents while applying

  • KYC Documents
  • Business Address Proof
  • Financial Documents

Click to know more about the documentation in detail.

Interest Rates and Charges for a Business Loan in Jalandhar

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% 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 Jalandhar

  • Diversify your business  
  • Improve existing infrastructure 
  • Consolidate high-interest debt 
  • Invest in new business opportunities 
  • Fulfil working capital needs 
  • Higher workforce  
  • Purchase new equipment or machinery 

Who Can Get a Business Loan in Jalandhar

  • Small businesses 
  • Women-led businesses  
  • Manufacturing businesses  
  • Proprietors 
  • MSMEs 
  • Retailers 

Tips for a Successful Business Loan Application 

  • Showcase strong financials 
  • Determine the purpose of borrowing 
  • Maintain a strong credit score 
  • Submit the essential documents 
  • Avoid multiple loan inquiries  

Poonawalla Fincorp Branch Address in Jalandhar

Poonawalla Fincorp Limited

Address: Ground Floor, SCO-3, Opp C D office, Puda complex, Jalandhar, Punjab-144001 

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 maximum amount I can avail for a Business Loan in Jalandhar?

Poonawalla Fincorp offers a Business Loan of up to ₹75 Lakh in Jalandhar, depending on your eligibility and business requirements. 

What is the interest rate for a Businesss Loan in Jalandhar?

Interest rate for a Business Loan in Jalandhar typically starts at 15%* p.a. but may vary based on factors such as your credit score, business performance, and loan amount. 

Is collateral required for a Business Loan in Jalandhar?

No, Poonawalla Fincorp offers a collateral-free Business Loan in Jalandhar, providing financial flexibility without the need to pledge assets.