Loan Amount
Up to ₹75 Lakh
Interest Rate
Starting at 15%* p.a.
Loan Tenure
6-48 Months

Get a Business Loan Online

Empower your business and take it to new heights with Poonawalla Fincorp's hassle-free Business Loan. Avail of tailored business financing solutions for working capital requirements, business expansion, purchasing machinery or inventory, debt consolidation, etc. From filling out the form to getting disbursal, get complete assistance and guidance throughout the process. Enjoy a streamlined disbursement process that promises a hassle-free borrowing experience. Apply now! 

Why Choose Poonawalla Fincorp

Collateral-free Loan
Competitive
Interest Rate
Quick
Approval
Minimal
Documentation
Flexible Repayment
Tenure
No Hidden
Charges

Business Loan EMI Calculator

Plan your loan repayments with our Business Loan EMI calculator. Strategically map out your EMIs, ensuring you are on track with your monthly budget goals. Try now!

Optimise Your Business Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Rupees one lakh

Interest Rate

%
15 %
30 %

Tenure

Months
6Months
48Months

Apply for a Business 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, 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.

Get exclusive offers thoughtfully customised just for you

Eligibility Criteria for a Business Loan

Fulfil our simple eligibility criteria to qualify:

  • Age: Between 24 and 65 years.
  • Citizenship: Indian.
  • Business Vintage: Minimum business vintage of 2 years.
  • Annual Turnover: Minimum annual turnover of ₹6 Lakh.

Documents Required for a Business Loan

Say goodbye to hefty paperwork. Submit only the essential documents:

  • KYC Documents
  • Business Address Proof
  • Financial Documents

Click to know more about the documentation in detail.

Interest Rate and Charges of a Business Loan

Get a Business Loan at competitive interest rate and minimal charges:

Interest Rate
15%* p.a. onwards
Loan Amount
₹5 Lakh to ₹75 Lakh
Loan Processing Fees
Up to 3% plus applicable taxes
Lowest EMI Per Month
Starting from ₹13,915* per Lakh for 48 months
Loan Tenure
6 - 48 months
Prepayment/Foreclosure Charges
Up to First 6 EMIs: 6% on principal outstanding + taxes

After 6 EMIs: 5% on principal outstanding + taxes
Default Charges
24% per annum plus applicable taxes.
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 a 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 a Business Loan?

A Business Loan is a source of business financing that offers funds to fulfil all your business needs, such as working capital requirements, funds for scaling up operations, inventory management, launching new products, spending on marketing, etc.

When should I take out a Business Loan?

Any time is good to take out a loan for a business. However, you must have a minimum business of 2 years. You can take a Business Loan when you need financial support for various business purposes.

What are the benefits of taking a Business Loan?

A Business Loan allows you to expand your business operations, fulfil working capital requirements, buy new machinery and equipment, etc. Taking this loan from Poonawalla Fincorp has various benefits like attractive interest rates, flexible repayment tenure, minimal document requirements, and a hassle-free application process.

What is a flexible loan tenure?

Flexible loan tenure is one of the features of a Business Loan from Poonawalla Fincorp. It provides you with the benefits of choosing from a loan repayment tenure that ranges between 6 to 48 months as per your financial comfort.

How much capital can I access with Business Loan?

You can secure a high loan amount of up to ₹75 Lakh with our Business Loan. The amount you can avail depends on you and your company’s financial and credit profile.

How to apply for a Business Loan?

Apply for a Business Loan from Poonawalla Fincorp in just 3 steps:

Step 1: Click on ‘Apply Now’.

Step 2: Upload the required documents.

Step 3: Get funds in your bank account.

On successful verification, the loan amount will be disbursed into your bank account.