Poonawalla Finance Business Loan

1. Purchase new hardware, tools, or software 
2. Take advantage of commercial opportunities 

Features and Benefits of Applying for Business Loan from Poonawalla FinCorp

Some of the features and benefits of applying for a business loan from Poonawalla FinCorp are given below:

1. No collateral required: There is no need to pledge any security or collateral when applying for a business loan from Poonawalla FinCorp. 

1. Attractive interest rates: You can apply for a business loan from Poonawalla FinCorp at attractive interest rates from 15% p.a. 
2. Minimum documentation: Minimum documents are required when applying for a business loan, making the whole process extremely simple. 
3. Quick approval: It will take two working days for the lender to approve your loan application post the submission of your application for a business loan. However, you must ensure that the documents submitted by you are valid and contain correct information. If the details provided are valid, the loan amount will be immediately disbursed to your bank account by the lender. 
4. Flexible repayment tenure: You can choose a repayment tenure of up to three years. 
5. Hassle-free process: The application process is simple and hassle-free. You can simply visit the official website of Poonawalla FinCorp to apply for a business loan. All you need to do is fill the application form and submit it along with the necessary documents.
6. Loan amount of up to Rs.50 lakh: You can avail a loan amount of up to Rs.15 lakh.  

Eligibility Criteria for Poonawalla Business loan

Given below are the eligibility criteria you must fulfill to apply for a business loan from Poonawalla FinCorp:

1. The minimum and maximum age of eligibility is 24 years and 65 years respectively.
2. The minimum annual business turnover should be at least Rs.6 lakh.
3. Minimum business stability should be 24 months.

Documents Required to Apply Poonawalla FinCorp Business Loan

Given below is the list of documents you will need to submit when applying for a business loan from Poonawalla FinCorp:

1. Basic KYC information 
2. Proof of your business address 

1. Relevant financial documents 

Poonwalla FinCorp Business Loan Fee and Charges 

How to Apply for a Personal Loan from Poonawalla FinCorp

Given below are the steps to apply for a business loan from Poonawalla FinCorp:

Step 1 - Visit the official website of Poonawalla FinCorp or click on the link https://poonawallafincorp.com/business-loan.php.

Step 2 - Scroll down and click on ‘Apply Now’ button. You can also click on the ‘application form’.

Step 3 - The next step will require you to provide important details like your name, email ID, and mobile number. A 4-digit verification code will be sent to the mobile number provided by you. You will then have to enter the code and tick the box where you authorise the lender to get in touch with you.

Step 4 - The next few steps will require you to provide details of your business, key person/s, and information regarding your need for a business loan.

Step 5 - The final step of the application process involves you uploading all the relevant documents. Once all the documents have been uploaded, check all the information provided and click on 'Submit'.

Step 6 - Once the application form and all the relevant documents have been submitted, the lender will verify them and if all the details are correct, they will immediately disburse the loan amount to your bank account.