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

Get a Business Loan in Trichy Online

Trichy, also known as Tiruchirappalli, is a beautiful city situated along the Kaveri River in Tamil Nadu. It is one of the most popular tourist attractions in South India and a thriving hub for trade and commerce. Take advantage of Trichy's dynamic economy by securing a Business Loan in Trichy from Poonawalla Fincorp. Get a collateral-free loan for business at competitive interest rate with minimal documentation, quick approval, and flexible repayment tenure. Apply now to enhance your business prospects!

Why Choose Poonawalla Fincorp

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

Business Loan EMI Calculator

Use our EMI calculator to estimate your monthly payments. Just enter the loan amount, tenure, and interest rate. 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
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 Trichy

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 Trichy

Submit just a few mandatory documents to apply:

  • 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 Trichy

We offer a Business Loan 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

Different Uses of a Business Loan in Trichy

  • Financing working capital needs
  • Upgrading equipment and machinery
  • Renovating your business premises
  • Hiring and training employees
  • Launching a new product or service

Who Can Get a Business Loan in Trichy

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

Tips for a Successful Business Loan Application

  • Establish a detailed business plan
  • Assess your credit history
  • Arrange the financial and business documents
  • Fill out the application form correctly
  • Avoid multiple applications

Poonawalla Fincorp Branch Address in Trichy

Poonawalla Fincorp Limited 

Address: Office No 2, 3rd Floor, Ray Towers, Vadavoor Salai, 9th Cross, Thillainagar, Trichy, Tamil Nadu - 620018.

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

rightArrow
rightArrow

Frequently Asked Questions

How do I calculate EMIs using a Business Loan EMI calculator?

Visit Poonawalla Fincorp’s Business EMI calculator page, enter your loan amount, the offered interest rate, and the loan tenure to instantly see your monthly repayments. You can also enter different values to check what suits your monthly budget the best.

Do multiple Business Loan applications affect our credit score?

Yes, filing multiple loan applications to multiple lenders can affect your credit score. Each application leads to a hard inquiry created by the lenders. Multiple hard inquiries impact your credit score.

How can we prepare a repayment plan for a Business Loan?

Developing a repayment plan involves certain activities, such as assessing your current financial status and obligations, considering your income, and determining the EMI amount you can pay. Moreover, consider making prepayments when business income is high, as it helps you save on interest and reduce your debt burden.