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

Get a Quick Business Loan in Jharkhand

Jharkhand is a growing state that offers its residents ample business growth opportunities. Take your business to new horizons in Jharkhand with a Business Loan from Poonawalla Fincorp. Get substantial funds of up to ₹75 Lakh for various purposes like working capital needs, new machinery, new product launch, debt consolidation, etc. Enjoy competitive interest rate, flexible loan tenure, 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

Estimate your monthly repayment with our EMI calculator. 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

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 Jharkhand

Meet our simple eligibility criteria to qualify:

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

Documents Required for a Business Loan in Jharkhand

Submit 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 Jharkhand

We offer Business Loan with attractive 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 Jharkhand

  • Buying or leasing equipment 
  • Boosting working capital 
  • Restocking inventory 
  • Implementing new marketing strategies 

Who Can Get a Business Loan in Jharkhand

  • Retailers 
  • Small businesses  
  • Woman entrepreneurs 
  • Sole proprietors 
  • MSMEs 

Tips for a Successful Business Loan Application

  • Keep the financial records updated 
  • Check your credit score 
  • Keep business documents handy 
  • Ensure to follow all instructions 

Poonawalla Fincorp Branch Address in Jharkhand

Poonawalla Fincorp Branch Address in Dhanbad

Address: 1st Floor,Goodwill Plaza, Bank More, Dhanbad, Jharkhand - 826001 

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

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

Poonawalla Fincorp Branch Address in Jamshedpur

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.) 

Poonawalla Fincorp Branch Address in Ranchi

Address: Office No.401, 4th Floor, Samriddhi Square, Kishoreganj Chowk, Ranchi, Jharkhand – 834001 

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 are the benefits of applying for a Business Loan in Jharkhand?

Applying for a Business Loan online is typically faster than the traditional application process. With Poonawalla Fincorp, you can carry out the entire process, from application to documentation, from the comfort of your home or office.  

How can I make a Business Loan repayment easier?

To make repayments easier, you can opt for a lower loan amount or a longer tenure. Both of these will lower the monthly EMIs you have to pay on your Business Loan.  

What documents do I need to submit for a Business Loan in Jharkhand?

For quick financing for your business, submit just a few documents:    

  • KYC Documents 
  • Business Address Proof 
  • Financial Documents 

Click to know more about documentation in detail.