Get a Collateral-free Business Loan in Madurai
Madurai is a major economic and industrial hub in Tamil Nadu with business units across multiple sectors including IT, agriculture, manufacturing, real estate, etc. The business environment in the city is ideal for growing your business venture.
Access the funds required for business expansion with Poonawalla Fincorp’s Business Loan in Madurai. Avail a collateral-free Business Loan at attractive interest rate, nominal charges, minimal documentation and faster disbursal. Apply now!
Why Choose Poonawalla Fincorp
Business Loan EMI Calculator
Know your monthly payments by using our EMI calculator. Simply enter the loan amount, interest rate and loan tenure to know your EMI within seconds. Calculate 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 Madurai
Meet our simple eligibility criteria to apply for a Business Loan:
- Age: Between 24 and 65 years.
- Citizenship: Indian.
- Business Vintage: Minimum 2 years.
- Annual Business Turnover: At least ₹6 Lakh
Documents Required for a Business Loan in Madurai
Submit just a few documents to apply for a Business Loan successfully:
- 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 Madurai
Secure funding for your venture at attractive interest rate and minimal 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 Madurai
- Investing in new equipment
- Hiring experienced staff
- Repaying high-interest loans
- Expanding business operations
- Launching new products or services
- Entering a new market
- Managing operating expenses
- Capitalising on new opportunities
Who Can Get a Business Loan in Madurai
- MSMEs
- Small business owners
- Women entrepreneurs
- Sole proprietors
- Retail shop owners
Tips for a Successful Business Loan Application
- Make a list of your business requirements
- Prepare a business plan
- Monitor your credit score and repayment history
- Arrange for the necessary loan documents
Poonawalla Fincorp Branch Address in Madurai
Poonawalla Fincorp Limited
Address: No. 12A, 4th Floor,ATP Tower, Bypass Road, Madurai, Tamil Nadu-625016
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
Owners of MSME units, retailers and self-employed individuals aged between 24 and 65 years, with an annual turnover of at least ₹6 Lakh and a business vintage of minimum 2 years, are eligible for availing of a Business Loan from Poonawalla Fincorp.
At Poonawalla Fincorp, the repayment tenure of a Business Loan ranges from 6 to 48 months. You can choose any tenure based on your business needs and existing cashflows.
Yes, you must pay a nominal processing fee when applying for a Business Loan. The processing fee is 3.5% of the disbursed loan amount.
When considering prepayments, check how the additional payment will affect your business cashflows and reserves. Avoid prepaying the loan in the leaner months of the business cycle and check the prepayment charges here before considering this option.