Get a Business Loan in Jamshedpur Online
Jamshedpur, also known as the "Steel City of India" due to the presence of several steel plants in the city. It is home to several other industries, including cement, liquefied oxygen, etc. It has a thriving business environment that enables businesses to grow exponentially. However, achieving that growth requires a timely infusion of capital.
We at Poonawalla Fincorp help businesses fulfil their capital requirements by offering a Business Loan in Jamshedpur and enabling them to upgrade their existing business setup, purchase new equipment, invest in technology upgradation, etc. Apply now!
Why Choose Poonawalla Fincorp
Business Loan EMI Calculator
Make use of our EMI calculator to calculate your monthly payments. Enter the loan amount, interest rate and repayment tenure to know your EMI. Try now!
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.
Eligibility Criteria for a Business Loan in Jamshedpur
Meet our simple eligibility criteria:
- Age: Between 24 and 65 years.
- Citizenship: Indian.
- Business Vintage: At least 2 years
- Annual Turnover: ₹6 Lakh and above
Documents Required for a Business Loan in Jamshedpur
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 Jamshedpur
Get a Business Loan at competitive interest rate and nominal charges:
After 6 EMIs: 5% on principal outstanding + taxes
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 Jamshedpur
- Expand or diversify business operations
- Hire additional workforce
- Improve your working capital reserves
- Purchase machinery, software or inventory
- Debt consolidation
Who Can Get a Business Loan in Jamshedpur
- Women entrepreneurs
- Retailers
- Business owners
- MSMEs
Tips for a Successful Business Loan Application
- Ascertain your business requirements
- Prepare your business plan
- Check your credit score and repayment history
- Arrange your loan documents
Poonawalla Fincorp Branch Address in Jamshedpur
Poonawalla Fincorp Limited
Address: 1 S.B. Shop Area, 2nd Floor, Shantiniketan, Main Road, Bistupur, Singhbhum, Jamshedpur, Jharkhand-831001
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


I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.


Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!


Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.


I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!


A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.


I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.


I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.
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Frequently Asked Questions
Poonawalla Fincorp offers a Business Loan in Jamshedpur with a minimum annual turnover of ₹6 Lakh and above.
The minimum age limit for availing a business loan is 24 years while the maximum age limit goes up to 65 years.
Self-employed individuals and owners of MSME units, retail shops and other businesses aged between 24 and 65 years, with a minimum annual turnover of ₹6 Lakh and business vintage of at least 2 years, are eligible for getting a new Business Loan from Poonawalla Fincorp.