Unsecured Business Loan

Overview

Poonawalla Finance offers Unsecured Business loan to MSME's, which plan to scale up and grow their businesses. We understand your need for urgent finance and provide you the Digital Lending platform where you can fill the loan application form within a minute & get loan approval in just 2 working days.

Features and Benefits

Features

  • Loan amount up to Rs. 30 Lakhs
  • Repayment tenure up to 3 years
  • Interest Rate starting from 11.99%
  • Takeover your Existing High Cost Loans
  • No Collateral Security Needed
  • Zero Prepayment Charges
  • Higher Loan Eligibility
  • Get approval within 2 working days
  • Minimal Documentation

Eligibility and Documents

Eligibility

  • Age of key person should be between 24 and 60 years
  • Business stability of more than 3 years
  • Minimum Annual business turnover of Rs. 50 Lakhs

Documents Required

  • KYC Documents of Firm / Company: PAN Card, Address Proof and Other Applicable Registrations
  • KYC Documents of Proprietor / Partner / Director: PAN Card, Aadhaar Card, Electricity Bill / Rent Agreement / Index II
  • Latest 3 years Financials: IT Returns, Computation Sheet & Balance-Sheet
  • Operative Bank Account Statement for the Latest 6 months.

How to Apply

Here are the four steps you need to follow-

  • Apply Now
  • Upload Documents
  • Verification & Assessment
  • Get Loan Approval in 2 days

*Terms & Conditions Apply