Finance Business Needs With a Shopkeeper Loan
Scaling up a shop or small business in India calls for timely funding. Whether it's for working capital, shop renovation, refurnishing, or purchasing equipment - securing quick financing is imperative for small business owners, dukandars and kirana store owners.
Get quick access to the funds for retail shop business with a collateral-free Shop Loan of up to ₹10 Lakh from Poonawalla Fincorp. With an online application process, and minimal documentation, get swift approval at competitive interest rates. Enjoy benefits like flexible repayment tenure and no hidden charges.
Why Choose Poonawalla Fincorp
Shop Loan EMI Calculator
Estimate monthly EMI amount with our user-friendly Shopkeeper Loan EMI calculator. Simply slide the bars to select your desired loan amount, interest rate and loan tenure below. The estimated monthly payable amount is displayed automatically. Calculate now!
Apply for a Shop 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, residential and business details.
Upload Documents
On successful verification, the loan amount will be disbursed into your bank account.
On successful verification, the loan amount will be disbursed into your bank account instantly.
Eligibility Criteria for a Shopkeeper Loan
Meet the simple eligibility criteria:
- Age: Between 24 and 65 years.
- Citizenship: Indian.
- Business Vintage: At least 3 years.
Documents Required for a Shopkeeper Loan
Submit just the essential documents:
- KYC Documents: PAN card, Aadhaar card
- Business Proof: Udhyam Certificate, GST Certificate, Shop and Establishment Registration
- Bank Statement: Of the previous months
Interest Rate and Charges for a Shop Loan
We offer a loan for shopkeepers at affordable interest rates with 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
Reasons to Get a Shop Loan
Every small business requires affordable financing to operate and scale up consistently. Here are some reasons to get a business loan for retail shops.
- Working capital
- Revamp/Renovate retail store
- Expand business infrastructure
- Purchase furniture/equipment
Who Can Get a Shop Loan
Any small business in the MSME segment across various industries including service, manufacturing, traders, distributors can get a business loan for shopkeepers.
- Retail shop owners/Dukandars
- Departmental stores
- Kirana stores/Grocery stores
- Specialty stores
- E-commerce retailers
- Dealerships
- Traders
- Distributors
- Franchisees
Tips for a Successful Shop Loan Application
- Determine financing needs for shop
- Fulfil minimum eligibility criteria
- Submit necessary documents
- Apply with a good credit score
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
To get a Shopkeeper’s Loan for kirana store from Poonawalla Fincorp, you must have a minimum business vintage of 36 months. However, as an existing small business owner, you can get a Shop Loan by fulfilling our simple eligibility criteria.
Any Indian small business owner within 24 to 65 years of age and having a business vintage of 3 years of more is eligible for a Shop Loan.
You can apply for a Shop Loan with minimal documents from Poonawalla Fincorp. Simply upload the necessary documents such as KYC documents (PAN card, Aadhar card), business documents (Udhyam/GST certificate, Shop and Establishment registration) and bank statement to complete your online shop loan application.
Poonawalla Fincorp offer Shop Loans with flexible repayment tenure from 6 to 36 months.