business loan in ahmedabad

Business Loan in Ahmedabad

Loan up to 50 Lakhs | Low Interest Rates | Quick Disbursal | Easy to Apply

Ahmedabad is one of the fastest-growing cities in India, with a burgeoning industrial and economic base. It offers many advantages for any business to grow. The city has gained prominence as an economic hub, with corporate giants from numerous industries setting up their bases here.

While there are numerous opportunities for expanding business here, securing funds for growing the business can be a major challenge.

At Poonawalla Fincorp, we value your ideas and want business owners and managers to succeed. That’s why we offer personalized Business Loans in Ahmedabad to provide the financial support to put your business plans into action. Our Business Loans come with benefits like low interest rates, minimal documentation process, flexible tenure option, and much more.

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Types of fee Applicable Charges
Rate of interest 15% to 28% p.a.*
Processing fees Up to 3% plus applicable taxes
Bounce charges ₹1,000 per bounce plus applicable taxes
Late Payment Charges 3% per month
Loan Amount ₹1 Lakh to ₹50 Lakhs
Lowest EMI per month Starting from ₹3,467* per Lakh for 36 months
Loan Tenure 12 - 36 months
Prepayment/Foreclosure Charges Zero*
Stamp Duty At actuals (as per state)
Penal Interest 3% monthly on the defaulted EMI amount

Qualifying for a Business Loan with Poonawalla Fincorp is simple. Our loan requirements are designed to save time for borrower when applying for loan. To ensure you have a smooth experience during loan processing, we offer Business Loans in Ahmedabad with simple eligibility requirements.

Age Requirement

Age

24 to 65 years
(during loan maturity)

Citizenship Status

Nationality

Indian

Work Experience Required

Business Vintage

At least two years

Monthly Salary Required

Annual turnover

More than ₹6 Lakh

Below are our eligibility criteria for Business Loans in Ahmedabad:

  • Age: 24 to 65 years (during loan maturity)
  • Nationality: Indian
  • Business Vintage*: At least two years
  • Annual turnover: More than ₹6 Lakh

*Business vintage determines how long your business has been operating and when it was registered. It is a significant eligibility determinant for procuring an unsecure Business Loans.

*Note: The above-mentioned eligibility criteria are indicative in nature and more information can be asked by Poonawalla Fincorp team during loan processing as per policy.

We require applicants to submit only basic documents. You don’t have to worry about time-consuming paperwork and running into funding delays because of it. With Poonawalla Fincorp, you can access quick financing for your business with minimum documentation.

Below is the list of required documents for availing Business Loan in Ahmedabad:

  • KYC Documents

    PAN Card or Director/Proprietor PAN Card

  • Income Proof

    Business Address Proof (Rent Agreement/Utility Bill)

  • Address Proof

    Proof of Address (Aadhar Card/Voter ID Card/Passport)

  • Financial Documents

    Financial documents (Bank statements/IT Returns)

  • PAN Card or Director/Proprietor PAN Card
  • Proof of Address (Aadhar Card/Voter ID Card/Passport)
  • Business Address Proof (Rent Agreement/Utility Bill)
  • Financial documents (Bank statements/IT Returns)

Note: This list of documents is indicative. We may need some additional documents during loan processing.

  • Collateral free

    No security or collateral involved

  • high loan amounts of up to ₹50 Lakh

    High loan amount of up to ₹50 Lakh

  • Attractive and competitive interest rate

    Competitive interest rate

  • Instant disbursal loan

    Flexible repayment tenure

  • Simple and minimal documentation

    Simple documentation

  • No security or collateral involved - At Poonawalla Fincorp, we provide unsecured Business Loans in Indore which help you in growing your business. You don’t have to worry about collateral to avail of this loan.
  • High loan amount of up to ₹50 Lakh - We provide both MSME/SME Loans in Indore with a high loan amount of up to ₹ 50 Lakh.
  • Competitive interest rate - We offer attractive and low interest rates for Business Loans in Indore. You don’t have to look anywhere else for a loan with low interest rates when you apply for a loan with us.
  • Flexible repayment tenure - At Poonawalla Fincorp, we provide a flexible repayment tenure of up to 36 months, with enough time to pay us back in time.
  • Simple documentation - We provide loans with minimal documentation so you get a loan with hassle-free processing and quick approvals. You can simply focus on the utilization of money for the growth of your small business through our Business Loan in Indore.
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Enter your annual business turnover and other business details.

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