Loan Amount
Up to ₹50 Lakh
Interest Rate
Starting at 15%*p.a.
Loan Tenure
Up to 48 Months

Check Your Eligibility for a Business Loan

Check if you are eligible for a Business Loan or not with our eligibility calculator. Quicky determine your eligibility and get insights into loan options.

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Monthly Payable Amount₹ 0

Do you have GST No.

DATE OF BIRTH:

BUSINESS VINTAGE

Years
0 Yrs
100 Yrs

AVERAGE BANK BALANCE

₹ 0
₹ 9,99,99,99,999

MONTHLY EMI

₹ 0
₹ 9,99,99,99,999

Loan Tenure

Months
6 Months
36 Months
 

How to Calculate Business Loan Eligibility

Follow the steps mentioned below to calculate your loan eligibility:

Step 1: Enter monthly income.

Step 2: Enter any existing loan EMIs.

Step 3: Enter the interest rate per annum.

Step 4: Enter loan tenure.

The loan eligibility calculator will show whether you are eligible for a Business Loan or not.

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Information at
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Frequently Asked Questions

1. What should be the minimum annual turnover to get a Business Loan?

Your business must have a minimum annual turnover of ₹6 Lakh to be eligible for a Business Loan from Poonawalla Fincorp.

2. What are the eligibility criteria to get a loan for my business?

The following are the eligibility criteria that you need to fulfil to get a loan for your business:

Criteria Requirements
Age Between 24 and 65 years
Business Vintage Minimum 2 years
Annual Turnover At least ₹6 Lakh p.a.

 

3. What is an ideal credit score to get a loan for Business?

A credit score of 750 or above is considered ideal and helps you get quick approval for a Business Loan. A high credit or CIBIL score indicates responsible borrowing behaviour and vice versa.

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