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
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!
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 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!
Personal Loan Amortization Schedule
The Amortization schedule for a Personal Loan provides a clear visual representation of how your loan balance reduces over time. It also shows how the proportion of principal to interest changes with each payment. Enter your loan amount, tenure and interest rates in the EMI calculator and get your Amortization schedule:
What is a Personal Loan Amortization Calculator
A Personal Loan Amortization calculator is a financial tool designed to help you understand how your loan payments are structured throughout your loan tenure. Enter details like the principal amount, interest rate and loan tenure to get a detailed Amortization schedule with a complete breakdown of your Personal Loan’s repayment.
What is Loan Amortisation
Loan Amortization is the process of gradually repaying a debt obligation through regular instalments over the repayment period. In an amortised loan, each payment consists of both principal and interest, with the proportion changing over the life of the loan.
Understanding loan Amortization is crucial as it impacts your long-term financial planning and helps them make informed decisions about loan terms and repayment strategies.
How Does a Personal Loan Amortization Calculator Work
The Amortization calculator uses a series of financial formulas to generate the loan repayment schedule. Follow the simplified step-by-step explanation of its calculation process:
- 1. Multiply the loan principal amount by your interest rate.
- 2. Divide that by 12 to get your interest fee for the current month.
- 3. Subtract the interest fee from the total monthly payment.
- 4. The remaining amount is how much will go toward the principal for that month.
Benefits of Using a Personal Loan Amortization Calculator
Check the benefits of using a Personal Loan Amortization calculator:
- Financial Planning: Provides a clear picture of future payments to help you budget effectively and plan your long-term financial goals.
- Understanding Loan Structure: Gives insights into how payments are applied to principal and interest over time, increasing financial literacy.
- Informed Decision Making: Gives an understanding of the cost of borrowing the loan over the entire term to help you make an informed decision about using debt to meet your financial needs.
- Saves Time: Eliminates the need for complex manual calculations, saving your time and reducing the risk of errors.
- Transparency: Provides clarity on the actual cost of borrowing, including the total interest payable over the repayment tenure.
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 document:
- KYC Documents
- Financial Documents
- Business Address Proof
Click to know more about the necessary documents 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:
After 6 EMIs: 5% on principal outstanding + taxes
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 Owner
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 exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s
FinHub
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business loan
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Frequently Asked Questions
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.
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.
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
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Happy Customers, Happy Us


I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.


Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!


Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.


I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!


A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.


I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.


I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.