Loan Amount
Up to ₹50 Lakh
Interest Rate
Starting at 15%* p.a.
Loan Tenure
Up to 36 Months

Get Instant Business Loan Online

Give your business the boost it needs with Poonawalla Fincorp’s Instant Business Loan. Avail same-day loan disbursal with a quick and paperless process to meet your urgent needs. Whether it’s managing working capital, bridging cash flow gaps, or handling unexpected expenses – an Instant Business Loan can offer you the support you need. Apply now and ensure that your operations run smoothly.

Why Choose Poonawalla Fincorp

Same-day Disbursement*
Competitive
Interest Rate
Zero Hidden
Charges
Paperless
Process
Collateral-free
Loan
Flexible
Repayment Tenure

Apply for an Instant Business Loan in Just 3 Steps

Step1

Click on “Apply Now”

Tap the “Apply Now”button to initiate your application.

Step2

Enter Details

Enter your DOB, PAN card number, monthly income, and residential details.

Step3

Get Quick Approval

Get faster processing and receive in–principal approval within just one day.

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 an Instant Business Loan

Meet our simple eligibility criteria:

  • Age: Between 24 and 65 years
  • Citizenship: Indian
  • Business Vintage: Minimum 3 years

Documents Required for an Instant Business Loan

Submit the essential documents while applying:

  • Digi Locker-based KYC
  • API-based Business Proof and GST Fetch
  • Account Aggregator Based Banking
  • Own House Proof

Interest Rate and Charges for an Instant Business Loan

Obtain an Instant Business Loan at competitive interest rate and minimum charges:

Interest Rate
15%* p.a. onwards
Loan Amount
₹1 Lakh to ₹50 Lakh
Loan Processing Fees
Up to 3.5%
Lowest EMI Per Month
Starting from ₹3466* per Lakh for 36 months
Loan Tenure
Up to 36 months
Prepayment/Foreclosure Charges
Up to First 6 EMIs: 6% on principal outstanding + applicable taxes

After 6 EMIs: 5% on principal outstanding + applicable taxes
Default Charges
24% per annum
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 an Instant Business Loan

  • Business expansion or diversification
  • Debt consolidation
  • Working capital requirements
  • Workforce expansion
  • Purchasing inventory
  • Buying machinery, equipment, or software

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 an Instant Business Loan?

An Instant Business Loan is a quick and convinient financing solution designed to meet urgent business needs such as working capital, inventory purchase, or unexpected expenses.

How much can I get through an Instant Business Loan?

You can avail of up to ₹50 lakhs, depending on your business profile, creditworthiness, and eligibility criteria.

What is the repayment tenure for an instant Business Loan?

You can choose a flexible repayment tenure ranging from 6 to 36 months, allowing you to manage your EMIs.