Get Business Loan in Ahmedabad
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.
Business Loan EMI Calculator
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Business Loan Interest Rates in Ahmedabad
|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||6 - 36 months|
|Prepayment/Foreclosure Charges||0%* If paid from own sources|
|Stamp Duty||At actuals (as per state)|
|Penal Interest||3% monthly on the defaulted EMI amount|
Eligibility Criteria of Business Loan in Ahmedabad
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.
24 to 65 years
(during loan maturity)
At least two years
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.
Required Documents for Business Loan in Ahmedabad
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:
PAN Card or Director/Proprietor PAN Card
Business Address Proof (Rent Agreement/Utility Bill)
Proof of Address (Aadhar Card/Voter ID Card/Passport)
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.
Poonawalla Fincorp Business Loan in Ahmedabad comes with the following benefits
No security or collateral involved
High loan amount of up to ₹50 Lakh
Competitive interest rate
Flexible repayment tenure
- 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.
Apply for Instant Business Loan in Ahmedabad within 5 Minutes
Click on Apply Now and enter your contact details.
Enter your annual business turnover and other business details.
The application will then proceed for verification and assessment