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

Get a Quick Business Loan in Manipur

Manipur, a picturesque state in northeastern India, is known for its rich culture, vibrant traditions, and rapidly growing small businesses. Grow your venture in Manipur with the right financing solution. Get a Business Loan of up to ₹75 Lakh from Poonawalla Fincorp for scaling operations, purchasing operations, consolidating debt, etc. Access with minimal documentation, no hidden charges, and quick disbursal. 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 monthly repayment hassle-free with our online EMI calculator. Enter loan tenure, amount and interest rate. 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 Manipur

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 Manipur

Say goodbye to hefty paperwork. Submit just a few mandatory documents to apply for a Business Loan:

  • 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 Manipur

Secure a Business Loan at competitive 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 Manipur

  • Paying off debts 
  • Funding a marketing campaign 
  • Raising business capital 
  • Expanding business premises 
  • Launching new products or services 
  • Replenishing inventory  
  • Purchasing equipment and tools 

Who Can Get a Business Loan in Manipur

  • Women entrepreneurs 
  • Sole proprietors 
  • Small business owners 
  • Retailers 
  • Partnership firms 

 

Tips for a Successful Business Loan Application

  • Understand your business needs 
  • Check credit history 
  • Have a detailed business plan 
  • Organise your financial statements 

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 required age limit to avail of a Business Loan in Manipur?

To avail of a Business Loan in Manipur, you must be aged between 24 and 65 years. 

Why should I opt for a Business Loan in Manipur?

If you need funds, you should opt for a Business Loan to purchase business equipment, expand your business, and meet the needs for working capital. 

Are women entrepreneurs eligible for a Business Loan in Manipur?

Yes, women entrepreneurs can apply for a Business Loan. 

Is it necessary to pledge my assets to avail of a Business Loan?

No, you do not need to pledge your assets as collateral for a Business Loan. However, meeting the eligibility criteria and submitting essential documents is a must.