Frequently Asked Questions
If you’re a business owner aiming to grow, our flexible and customized working capital term loans, going up to 50L, are designed for you.
We keep the process simple and require minimal paperwork. The exact documents can vary depending on your business and financial profile, but typically include basic documents and some business-related paperwork.
No, this loan is collateral-free, meaning you don’t need to pledge any assets to qualify.
The limit of a collateral free loan in India varies, usually depending on the lender from whom it is being applied and the borrower’s creditworthiness. Some lenders may offer high-limit loan to borrowers with excellent credit score and financial history. It’s best to do your research and check with different lenders to find out their specific limits for a collateral free loans.
Poonawalla Fincorp is recognized for its rapid approval process. Borrowers often receive loan approvals within 2 days.
You can apply for a loan for personal use by ensuring you meet all the eligibility requirements, organizing and uploading the necessary documentation, and filling out a quick online form.