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

Avail of a Business Loan in Lucknow Online

Lucknow boasts its manufacturing sector including textiles, food processing, automotive, chemicals and electronics. In this growing economy, raising capital may require financial assistance. Get a Business Loan in Lucknow from Poonawalla Fincorp and meet any fund needs. Avail of a loan amount of up to ₹75 Lakh at competitive interest rates with minimal documentation and quick approval. 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

Plan your finances efficiently with our EMI calculator. Just enter the loan amount, tenure and interest rate to calculate the EMIs. 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 Lucknow

Meet 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 Lucknow

Submit just a few mandatory documents to apply:

  • KYC Documents
  • Business Address Proof
  • Financial Documents

Click to know more about documentation in detail.

Interest Rate and Charges for a Business Loan in Lucknow

Secure funding for your venture at affordable interest rate and minimal 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 Lucknow

  • Business expansion
  • Equipment purchase
  • Marketing campaigns
  • Inventory management
  • Debt consolidation

Who Can Get a Business Loan in Lucknow

  • Manufacturing businesses
  • Small businesses
  • Retail shop owners
  • Proprietorships
  • Women-led businesses
  • MSMEs

Tips for a Successful Business Loan Application

  • Understand your business needs
  • Have a business plan ready
  • Check your credit score and history
  • Keep all the documents ready

Poonawalla Fincorp Branch Address in Lucknow

Poonawalla Fincorp Limited

Address: Unit no. 106 ,1st Floor , Shalimar Logix, Rana Pratap Marg, Hazratganj, Lucknow, Uttar Pradesh-226001

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 Business Loan amount I can get in Lucknow?

Poonawalla Fincorp a Business Loan of up to ₹75 Lakh at competitive interest rate.

Can I repay my Business Loan early in Lucknow?

Yes, you can pay your loan early. However, 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.

Are there any collateral requirements for a Business Loan in Lucknow?

No. Poonawalla Fincorp offers unsecured Business Loan.