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

Avail of a Business Loan in Raipur Online

Raipur is a vibrant commercial hub with a growing entrepreneurial ecosystem. The city is home to a diverse range of industries, including manufacturing, services, and retail. As businesses in Raipur strive for growth and expansion, access to timely and reliable financial support becomes crucial. Get a Business Loan in Raipur from Poonawalla Fincorp and benefit from high loan amounts, attractive interest rate, minimal paperwork, and flexible loan terms. 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

Calculate your monthly repayments with our EMI calculator. Just enter the loan amount, tenure, 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

Rupees one lakh

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 Raipur

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 Raipur

Skip the heavy paperwork and submit just the essential 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 Raipur

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% plus applicable taxes
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 Dishonor Charges
₹500 per bounce plus applicable taxes
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 Raipur

  • Expand business operations
  • Renovate office infrastructure
  • Upgrade equipment and tools
  • Streamline business’ cashflow
  • Manage daily expenses
  • Purchase commercial assets

Who Can Get a Business Loan in Raipur

  • Small business owners
  • Women entrepreneurs
  • Retail shop owners
  • MSMEs
  • Sole proprietors

Tips for a Successful Business Loan Application

  • Assess your creditworthiness
  • Demonstrate healthy repayment abilities
  • Ensure you meet the eligibility criteria
  • Arrange all the required documentation
  • Provide accurate information
  • Avoid multiple applications

Poonawalla Fincorp Branch Address in Raipur

Poonawalla Fincorp Limited

Address: Office No. 3044 to 3048, 3rd Floor, Currency Tower, VIP Road Chowk, Near Ram Mandir, Raipur, Chhattisgarh -492001

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

How to calculate monthly payments on Poonawalla Fincorp’s Business Loan?

You can calculate your monthly repayments with our easy-to-use online EMI calculator. Just enter the loan amount, repayment tenure and interest rate and click on "Calculate".

Can I get a Business Loan to fund the daily expenses of a retail store?

Yes, you can access instant funding through our Business Loan and fund the operational costs of a retail store hassle-free.

What are the documents required to apply for a Business Loan?

To access funds, you need to submit documents, including KYC details, financial statements, business documents, and address verification details. Check our documents page for detailed information.