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

Get a Quick Business Loan in Thrissur

Thrissur is one of the oldest cities on the west coast of India and is considered a major commercial and cultural hub in Kerala. The business infrastructure and environment in the city is perfect for the growth of your existing business.

Take advantage of these growth opportunities with a Business Loan in Thrissur from Poonawalla Fincorp. Avail of Business Loan of up to ₹75 Lakh with zero hidden charges, no collateral requirement, simple eligibility criteria and faster loan approval. 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

Check your EMIs using our Business Loan EMI Calculator. Just enter the loan amount, interest rate and tenure to get the results immediately. Try it 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 Thrissur

Meet our simple eligibility criteria:

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

Documents Required for a Business Loan in Thrissur

Submit just a few mandatory documents to get 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 Thrissur

We offer 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 Thrissur

  • Renovating office and business premises
  • Funding working capital requirements
  • Upgrading machinery and equipment
  • Purchasing inventory
  • Hiring and training employees
  • Purchasing commercial property

Who Can Get a Business Loan in Thrissur

  • Owner of eetail shops
  • MSMEs
  • Sole proprietors
  • Women entrepreneurs
  • Small business owners

Tips for a Successful Business Loan Application

  • Know your business requirements
  • Prepare a business expansion plan
  • Check your credit score
  • Arrange the necessary loan documents

Poonawalla Fincorp Branch Address in Thrissur

Poonawalla Fincorp Limited

Address: 2nd Floor, Chowallur Tower, Civil lines Road, Opp. Mar Augin Thoovana Church, West Fort, Thrissur, Kerala-680004

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

What is a Business Loan EMI calculator?

A Business Loan EMI calculator is an online tool that helps you compute your monthly payments over the loan tenure. By entering the loan amount, tenure and interest rate, you can quickly know your EMIs without the hassle of calculating the EMI manually.

Is repaying your Business Loan early a good idea?

Yes, repaying your loan early can be helpful, as long as it doesn't cause you financial strain on your business. Early repayment offers several benefits, such as boosting your credit score and saving on interest costs.

Can I avail of a Business Loan for the relocation of office premises?

Yes, you can avail of a Business Loan to fund your business relocation. Additionally, you can use the loan to fund other business-related activities like purchasing machinery, meeting your working capital needs,