Get Flexi Business Loan Online
“Flexi Business Loan by Poonawalla Fincorp offers flexible financing for SMEs and businesses. Access an overdraft facility for working capital, business expansion, equipment purchase, or debt consolidation. Experience quick approval, easy documentation, and interest on utilized amount only – making borrowing smarter and stress-free.” Apply now!
FLEXI BUSINESS LOAN
Apply for a Flexi Business Loan Online 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.
Before you apply for an urgent Flexi Business Loan, it’s helpful to understand the basic eligibility framework. Our criteria are designed to be inclusive for a wide range of Indian businesses, from sole proprietorships to private limited companies.
- Age: Between 24 and 65 years
- Citizenship: Indian
- Business Vintage: Minimum business vintage of 3 years
Having your paperwork ready can significantly speed up approval and disbursal of your Business Loan.
- DigiLocker-based KYC
- API-based Business Proof and GST Fetch
- Account Aggregator Based Banking
- Own House Proof
Understanding the cost of borrowing is crucial before committing to a Business Loan. Interest rates for any loan vary based on loan amount, tenure, credit profile, and lender policies.
At Poonawalla Fincorp, we aim to offer competitive interest rates and full transparency on charges, so you know exactly what you are paying.
6% on assigned limit plus applicable taxes on the date of levy of such charges
Foreclosure after payment of first six (6) EMIs:
5% on assigned limit plus applicable taxes on the date of levy of such charges
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
An online Business Loan from Poonawalla Fincorp provides flexible financing for a range of business needs. Here are some common ways Indian businesses utilise these funds:
- Manage Working Capital Needs: Strengthen working capital by covering daily expenses, purchasing inventory, or ensuring consistent cash flow during slow periods.
- Purchase New Machinery or Equipment: Upgrade your technology or buy new equipment to enhance productivity and efficiency.
- Expand Business Operations: Finance the opening of a new outlet, warehouse, or office to grow your market presence.
- Market and Advertise Campaigns: Invest in promotional activities to attract new customers and boost sales.
- Cover Unexpected Expenses: Handle urgent repairs, sudden tax liabilities, or other unforeseen business costs promptly.
- Consolidate Debt: Consolidate existing debts into a single loan with a manageable repayment schedule, simplifying financial management.
Our Flexi Business Loan products are designed to support a diverse range of Indian entrepreneurs and businesses. Whether you are a seasoned business owner or a new entrepreneur, you can explore our financing solutions.
- Self-Employed Professionals: Doctors, Chartered Accountants, Consultants seeking capital for practice expansion or equipment.
- Small Business Owners: Owners of shops, retail stores, service providers, or MSMEs needing funds for inventory, renovation, or business expansion.
- Private Limited Companies & Partnership Firms: Established businesses looking for quick Business Loan options for expansion or operational funding.
- Manufacturers and Traders: Businesses involved in production or trading requiring an urgent Business Loan for bulk raw material purchases or bridging cash cycles.
- Start-ups and New Ventures: Newer businesses with a stable operational history can also apply for growth capital.
Get Funds Quickly With
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Happy customers, happy us
The loan process was incredibly smooth, and the team was always available to answer my queries. With the funds, I was able to renovate my store and attract more customers. Truly grateful.
Getting a business loan felt daunting at first, but the entire experience was smooth and transparent. The loan helped me purchase new equipment and increase production. Highly recommend their services!
Excellent service and prompt communication. The loan process was seamless, and the funds were disbursed faster than expected. It’s great to work with professionals who understand business needs.
I needed quick funding to stock up for the festive season, and the business loan came just in time. The Credit Manager was proactive and ensured everything was done on priority. Excellent service!
Thanks to the business loan, I was able to open a second outlet. The team was very supportive and explained all terms clearly. I appreciate the personalized attention I received.
I’ve taken loans before, but this was by far the most professional experience. The documentation was minimal, and the disbursement was fast. I’ll definitely recommend them to fellow entrepreneurs.
The loan helped me bridge a critical cash flow gap during the festive season. The team was approachable and ensured everything was handled efficiently. Great experience!
The business loan helped me hire skilled staff and improved my business. The support from the credit team was outstanding. They understood my business and offered the right solution.
I am very happy with the service of the company and will recommend everyone to take loan from Poonawalla Fincorp.
The loan process was quick and transparent. No hidden charges, and the team guided me at every step. Will recommend everyone.
They didn’t just give me a loan—they gave me peace of mind during a tough time, Happy with the service of Poonawalla Fincorp.
No hidden charges, no surprises. The process was clear and smooth from start to finish.
The team guided me at every step and made the entire experience stress-free, will highly recommend to my friends - rating 10!!!
They tailored the loan to fit my business model. Truly customer-focused and satisfying service given by Poonawalla Fincorp, Highly Recommended!!!
I was impressed by how quickly my business loan was processed. The team was extremely helpful and guided me through every step. Thanks to their support, I was able to expand my operations without any hasstle.
I was hesitant at first, but the team explained everything clearly and made me feel confident. The loan helped me manage working capital and grow my business steadily.
The interest rates were fair and competitive, making it easy to manage cash flow for me. The process was smooth with the service and giving a rating of 10.
I run a chain of pharmacy stores with 5 branches in Pune. With the growing popularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficult for me to hire delivery persons. With Poonawalla Fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan application process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operation seamlessly.
Taking the loan was a bold move that transformed my business and boosted revenue. It gave me the financial push I needed to take that leap, and I’m glad I did. The support made a real difference in turning plans into progress.
The business loan came at just the right time, allowing me to stock up on raw materials and stay ahead of seasonal demand. What impressed me most was the repayment structure; it aligned perfectly with my cash flow, making the entire experience stress-free and sustainable.
I’ve taken loans before, but this was by far the most seamless experience. The team was highly responsive, and the funds played a crucial role in digitising my business operations. Truly a smooth and supportive journey.
The loan allowed me to upgrade my machinery and significantly boost production efficiency. The terms were clear, and the service was handled with utmost professionalism.
I was initially hesitant, but the loan process was so well-managed that I felt confident every step of the way. It enabled me to open a second outlet and expand my brand - an experience that truly exceeded expectations.
The loan helped me stock up inventory just in time for the festive season. Approval was swift, and the team truly understood my business needs. A smooth and supportive experience all around!
Excellent service and timely support! The loan enabled me to renovate my setup and enhance the customer experience. I'm truly grateful for the professionalism and efficiency throughout the process.
The business loan gave me the confidence to take on larger projects. With competitive interest rates and flexible repayment terms, the experience was smooth and empowering. Truly a great experience.
I never imagined getting a loan could be this easy. With minimal documentation and quick disbursement, the process was incredibly smooth. It came at a crucial time and helped me manage my cash flow effectively.
Securing a business loan marked a pivotal moment for our growth. The funds enabled us to invest in new equipment and significantly expand our operations. The team was transparent, supportive, and guided us every step of the way, making the entire process smooth and reassuring
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Frequently Asked Questions - Flexi Business Loan
The minimum loan amount is ₹15 lakhs.
The maximum loan amount is ₹1 crore.
Minimum Tenure: 12 months
Maximum Tenure: 60 months (in selected cases)
- Flexible repayment options
- Interest charged only on utilized amount
Initially complete loan amount is disbursed in customers Bank A/c.
- If the limit is fully utilized, no further withdrawals will be allowed.
- If the customer makes a part payment of unutilized funds (complete or partial, depending on need), the part payment amount becomes the available withdrawal limit for the customer.
Important Note:
- A minimum utilized amount of ₹1,000 must be maintained to keep the loan account active.
- Customers should not make part payment of the complete amount, as this will deactivate the account.
Customer can make unlimited withdrawals and part payments without any charges.
Post Month-End Restriction:
Part payments and withdrawals are not allowed for 24 to 36 hours after month-end closure.
Monthly Restriction Dates:
Transactions are not permitted on 5th and 6th of every month.
Daily System Downtime:
Part payments and withdrawals are restricted during system downtime from 11:30 PM to 4:00 AM daily.
Customers should wait for the first transaction to be successfully processed before initiating another withdrawal. This usually takes 30–60 minutes.
Customer can make the Part Payment equal to principal amount with a minimum utilized amount of Rs 1000, to be mandatorily maintained to keep the Loan Account Active.
Customers can make part payments using multiple payment options. Under Proceed to Pay, customers will find choices such as Net Banking, Debit/Credit Card, and UPI (including apps like Google Pay).
Part payments/withdrawals can only be made through the mobile application. There is no separate link for this.
The withdrawal amount will be credited in the registered repayment bank account only and will be credited within 30 mins.
Customer will receive a notification, email, and SMS message for every successful transaction.
No, customers cannot make withdrawals if they have crossed 30 DPD.
The customer can find their VAN (Virtual Account Number) in the welcome letter that is sent to them after loan disbursement. This welcome letter is shared via:
- Email ID (registered with the loan application)
First EMI consists of Broken Period Interest (BPI). BPI, also called Pre-EMI Interest, is charged from the date of disbursement to the date of first EMI commencement.
No, EMI date change is not allowed. It will remain fixed for the entire tenure, which is the 7th of every month.
Advance EMI should be avoided if NACH is registered, as this is not a promoted process and involves a lengthy workflow requiring the customer service team’s intervention.
If the customer’s NACH is not registered, then the EMI should be paid before the 5th & 6th of every month via the mobile app only.
Principal amount is equal to principal outstanding equally proportioned among remaining tenure.
Interest amount is charged on every EMI present date. Interest is calculated daily at EOD on amount utilized, which is accrued and charged monthly.
The EMI presentation and interest serving date is 7th of every month.
If customers bank is not listed in the mobile app, customer can make the part payment through customers bank branch using RTGS, IMPS, or NEFT.
If customer does not have any of these facilities, customer can make the part payment through customers bank branch using RTGS, IMPS, or NEFT.
The disbursal amount will be credited to customers registered repayment account.