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

Get a Business Loan in Pondicherry Online

Pondicherry is renowned for its vibrant culture, tourism, and dynamic business community. The city’s economy is thriving due to the growth of the textiles, metals, light engineering, chemicals, and food processing industries. Fortify your business’s financial stability amidst the dynamic economic climate with Poonawalla Fincorp’s Business Loan in Pondicherry. Get a high loan amount of up to ₹75 Lakh at attractive interest rate with minimal documentation and quick approval. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
No Collateral
Required
Competitive
Interest Rate
Minimal
Documentation
Quick
Approval
Flexible
Repayment Tenure

Business Loan EMI Calculator

Calculate your monthly repayments easily with our EMI calculator. Enter the loan amount, tenure, and interest rate to estimate your monthly outgo. Try now!

Optimise Your Personal Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
9.99 %
30 %

Tenure

Months
12Months
84Months

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 Pondicherry

Meet our simple eligibility criteria:

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

Documents Required for a Business Loan in Pondicherry

Skip the heavy paperwork and 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 Pondicherry

Poonawalla Fincorp offers Business Loan at competitive 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 Pondicherry

  • Plant and machinery purchase
  • Inventory stock up
  • Equipment upgrade
  • Office renovation
  • Funding operational expenses
  • Meeting working capital needs

Who Can Get a Business Loan in Pondicherry

  • MSMEs
  • Women entrepreneurs
  • Retail shop owners
  • Sole proprietors
  • Partnership firms

Tips for a Successful Business Loan Application

  • Ensure to meet the eligibility criteria
  • Check your credit score
  • Avoid submitting multiple applications
  • Prepare all the necessary documents

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 minimum loan amount I can get on a Business Loan?

Poonawalla Fincorp business loans from ₹5 Lakh to ₹75 Lakh.

Are there any foreclosure charges on Poonawalla Fincorp’s Business Loan?

Yes, there are foreclosure charges on Poonawalla Fincorp's Business Loan. 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. 

How can I apply for a Business Loan in Pondicherry?

If you wish to apply for our Business Loan, you can either choose to visit the nearest branch or apply online in just a few simple steps with minimal documentation.