Get a Quick Business Loan for MSMEs
Embrace new business growth opportunities with a Business Loan up to ₹75 Lakh for MSMEs. Enjoy a streamlined application process, fast approval, and quick disbursal. Turn your business ambitions into a reality with collateral-free funds, minimal documentation, and zero hidden charges. Apply now!
What is an MSME Loan?
An MSME Loan is designed to support small and medium businesses with easy access to funds. These loans come with minimal documentation, quick disbursal, and flexible terms. Whether you need funds for expansion, equipment, or working capital, an MSME business loan helps meet your unique business requirements with ease.
Types of MSME Loans for Business
Businesses have different needs, and MSME loans are designed to meet them all. Check the common types of MSME business loans available:
- Working Capital Loan: Manage day-to-day expenses, raw materials, and operational costs with ease.
- Term Loans: Ideal for business expansion, purchasing machinery, or setting up new infrastructure.
- Equipment Financing: Get funding to buy or upgrade tools, machinery, or technology needed for growth.
- Invoice Financing: Get funds against unpaid invoices to maintain cash flow and meet immediate needs
- Overdraft Facility: Flexible access to funds whenever needed, up to a pre-approved limit.
Features and Benefits of MSME Loans for Business
MSME loans are tailored to meet the unique financial needs of small and medium enterprises. They offer quick access to funds with minimal hassle, helping businesses grow and stay competitive.
Key Features:
- Unsecured Funding – No collateral required
- Quick Disbursal – Fast processing for timely access to funds
- High Loan Amount – Based on your business needs
- Flexible Repayment – Tenures aligned with your cash flow
- Minimal Documentation – Simple and streamlined application process
Benefits:
- Boost Working Capital – Maintain smooth business operations
- Supports Expansion – Invest in growth, infrastructure, or equipment
- Builds Credit Profile – Improve creditworthiness with timely repayments
- Caters to All MSMEs – Suitable for traders, manufacturers, and service providers
Why Choose Poonawalla Fincorp
Business Loan EMI Calculator
Estimate your monthly repayments in seconds with our easy-to-use MSME Loan calculator. This tool helps you make informed decisions by calculating your EMIs based on loan amount, interest rate, and tenure.
Apply for a MSME 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.
Eligibility Criteria for a Business Loan for MSME
Meet our simple eligibility criteria:
- Age: Between 24 and 65 years old.
- Citizenship: Indian.
- Annual Turnover: Minimum annual turnover of ₹6 Lakh.
- Business Vintage: At least 2 years.
Documents Required for a Business Loan for MSME
Submit just a few mandatory 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 for MSME
We offer competitive interest rate and nominal charges:
After 6 EMIs: 5% on principal outstanding + taxes
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 for MSME
- Meet working capital needs
- Purchase machinery and equipment
- Improve existing business infrastructure
- Scale up operations
- Launch a new product
- Consolidate high-interest debt
Who Can Get a Business Loan for MSME
- MSME (micro, small and medium enterprise)
- A retail shop owner
- Sole proprietorship
- Women entrepreneurs
Tips for a Successful Business Loan Application
- Provide proper documentation.
- Build a good credit score
- Consider your repayment capacity
- Provide strong financials
Happy Customers, Happy Us


I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.


Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!


Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.


I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!


A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.


I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.


I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf 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 applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.
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Frequently Asked Questions
No, our MSME Loan is unsecured, meaning you do not need to put up any asset as security for the loan. This minimises the borrowing risks.
Your credit score plays a vital role in the loan approval process. A good credit score (generally above 750) can significantly improve your chances of getting approved and can also lead to more favourable loan terms, such as lower interest rates and longer repayment periods.
No, Poonawalla Fincorp does not provide MSME loan to salaried individuals. Only business owners who fulfil our simple eligibility criteria can apply for our MSME or Business Loan.
MSME loans are specifically designed for Micro, Small, and Medium Enterprises, often with more flexible terms and government support, while business loans are a broader category that includes loans for larger, established businesses.
Approval and disbursal may take 2-7 working days, depending on the lender and documentation provided.
Most MSME loans are unsecured, so no collateral is required. However, check with your lender before applying.
An MSME loan provides financial support to small and medium enterprises for working capital, equipment purchase, expansion, and other business needs.
Interest rates may vary by lender and applicant profile. Poonawalla Fincorp offers MSME loans at an interest rate starting at 15%* p.a.
MSME registration is not mandatory, but is highly recommended. Registered MSMEs may get better interest rates, faster approvals, and other government benefits.
New businesses can qualify by providing business proof, KYC documents, a viable business plan, and financial projections. Lenders also consider credit history.
Manufacturing units, traders, service providers, and self-employed professionals registered under the MSME category can apply.
Yes, most lenders allow prepayment or foreclosure. However, a nominal fee may be applicable.