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

Get a Working Capital Loan With Minimal Paperwork

Every business needs regular access to a sustainable credit facility to manage its day-to-day operations. Get instant funds to purchase raw materials, meet your working capital needs, purchase inventory, etc., with a working capital loan from Poonawalla Fincorp. Avail of this collateral-free loan of up to ₹50 Lakh with instant disbursal. Enjoy attractive interest rates, no hidden charges, flexible EMIs and quick approval. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
Quick
Approval
No Hidden
Charges
Minimal
Documentation
Simple Eligibility
Criteria
Attractive
Interest Rates

Working Capital Loan EMI Calculator

Use our online EMI calculator to know your monthly payments. Slide the bar to enter the loan amount, interest rate and tenure to calculate your EMIs instantly. 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 Working Capital Loan

Fulfil our simple eligibility criteria to avail of the loan:

  • Age Limit: 24 to 65 years.
  • Nationality: Indian citizen.
  • Business Vintage: Minimum 2 years.
  • Annual Turnover: At least ₹6 Lakh.

Documents Required for a Working Capital Loan

Submit just a few documents:

  • KYC Documents:
  • Business Address Proof:
  • Financial Documents:

Click to know more about documentation in detail.

Interest Rates and Other Charges for a Working Capital Loan

Avail of our Business Loan for working capital at competitive interest rates and nominal charges:

Interest Rate
15% p.a. onwards
Loan Amount
₹5 Lakh to ₹50 Lakh
Loan Processing Fees
Up to 3% plus applicable taxes
Lowest EMI per month
Starting from ₹2,783* 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 Interest
24% per annum plus applicable taxes
Repayment Instrument Dishonor Charges
₹500 per bounce
Stamp Duty
At actuals (as per state)
Additional Charges/ 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 Loan for Working

● Upgrading existing facilities

● Hiring workforce

● Paying salaries to staff

● Procuring raw materials

● Purchasing machinery and equipment

Who Can Get a Working Capital Loan

● MSMEs

● Sole Proprietors

● Owner of Retail Shops

● Women Entrepreneurs

● Small Business Owners

Tips for a Successful Working Capital Loan Application

● Finalise your working capital requirements

● Check your credit score

● Keep the loan documents handy

● Avoid multiple loan applications

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

Why should I consider availing of a Working Capital Loan?

Getting a working capital loan can help you cover your short-term expenses when your business does not have enough cash flow to cover the operational costs.

What is the lowest EMI for Poonawalla Fincorp’s working capital loan?

The lowest EMI for Poonawalla Fincorp’s Business Loan for working capital starts from ₹2,783* for a loan amount of ₹1 Lakh, interest rate of 15%* p.a. and a loan tenure of 48 months.

Will making regular repayments on my working capital loan affect my credit score?

Yes, making on-time repayments for your working capital loan will help improve your credit score. On the other hand, if you miss your EMI payments or default on the loan entirely, it will have a negative impact on your credit score.

*T&C Apply