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

Business Loan EMI Calculator

Estimate your monthly repayment using our online EMI calculator before borrowing funds. Simply enter the loan amount, interest rate and tenure. 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
6 Months
48 Months

Why Choose Poonawalla Fincorp

High Loan
Amount
Collateral-free
Loan
Competitive
Interest Rate
Minimal
Documentation
Quick
Disbursal
Flexible
Repayment Tenure

Apply for a Business Loan Online in Just 3 Steps

step-one-logo

Click on "Apply Now”

Tap the "Apply Now" button to initiate your application.

step-two-logo

Enter Details

Enter your DOB, PAN card number, monthly income, and residential details.

step-three-logo

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

Meet our simple eligibility criteria:

  • Age: Between 24 and 65 years.
  • Citizenship: Indian.
  • Business Vintage: At least 2 years.
  • Annual Turnover: Minimum annual turnover of ₹6 Lakh.

Submit the mandatory documents for getting a Business Loan:

  • KYC Documents
  • Business Address Proof
  • Financial Documents

Click to know more about the documentation in detail.

Secure funding for your venture at attractive 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

  • Fulfil working capital needs
  • Invest in machinery and equipment
  • Renovate existing business infrastructure
  • Expand your business
  • Introduce a new product

  • Retail owners
  • Women entrepreneurs
  • MSMEs
  • Private business owners

  • Maintain a credit score of 750 or above
  • Prepare detailed financial projections for your business
  • Showcase your market share and growth potential
  • Highlight any eco-friendly or innovative practices in your business
  • Demonstrate efficient resource management for seamless growth
  • Provide a clear plan for loan utilisation and return on investment

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

rightArrow
rightArrow

Frequently Asked Questions

The maximum Business Loan amount typically varies depending on the borrowers. At Poonawalla Fincorp, we offer up to ₹75 Lakh. Click to know more about the documentation in details. 

No, you do not have to pledge any collateral for a Business Loan in Morbi from Poonawalla Fincorp.

While a good credit score improves your chances, we also consider other factors, such as business financials and the purpose of the loan. However, interest rate may be higher.

To apply for a Business Loan seamlessly, you will need KYC documents, business registration proof, financial statements, and bank statements.