Quick & Easy Business Loan in Pune

Grow more in Pune as we provide funds for all your business needs!

Mumbai is a hub for people who want to start their own business. It is the city for commercial and financial capital of India. Pune has major branches of banks as well as big NBFCs that cater to the financial needs of the people to grow their business. Every start up needs a business loan from loan providers to meet the necessities of the business. Pune is a fastest growing city with huge opportunities from diversified sectors. As the financial capital, there is a scope to seek funds from the right financial firms any number of times to sustain or expand the business.

Fynamics is the best business loan provider in Pune that helps you to find the best unsecured loans at lowest rates possible. Most of the NBFCs have a strict criteria when it comes to providing a business loan in Pune. To get the loan approved you need to submit a certain set of documents to complete the process without any hassle. We remain committed to final outcome which directly reflects to our customer relationships. If you require a business loan in Pune, then you can approach to NBFC and Bank’s like SBI, HDFC, ICICI, Citi Bank, Capital First SBI, and Axis etc. You may contact to number of private lenders in markets who can dole out instant loans to finance as per your requirements. Fynamics is also Top Business Loan & business Finance providers in Pune.

Business Loan in Pune

Fynamics is mainly focused on providing unsecured business loans for small-scale businesses, urban and MSMEs. We are an authorized channel partner of MBFCs and many major financial banks. We give utmost care to all our clients who approach us for availing business loans for various sectors such as manufacturing units, real estate, packaging and materials, pharma industries and many other companies.

Types of business loans

  • Term loans
  • Short term loans
  • Line of credit or bank overdraft
  • Invoice financing/loan on receivables
  • Equipment loans
  • Supplier credit

Why does one need a business loan?

To start any business, a business owner need funds to sustain. To meet the requirements of the business goals, financial companies like us can help you borrow certain amount of loans for a limited period of time on interest and repayment terms. There are also secured business loans that have low EMI rates.

Types of Business Loan Available in Pune

  • Short Term Loan at certain repayment schedule
  • Business Credit Line, a revolving credit facility that can be withdrawn anytime when needed
  • Invoice financing is a loan taken in against to the amount which is due from the customers.
  • Equipment Financing is specifically applied to buy equipment or machineries
  • Loan against shares or securities are the mutual funds and insurance policies that can be pledged to raise a loan

Bank & NBFC Offering Business Loans in Pune

There are many top Non-Banking Financial Companies and Banks that are offering Business Loans in Pune. Banks like SBI, HDFC, etc. and NBFC’s like Bajaj Finserv and Capital Float are a few in this city.

HDFC Bank Business Loan Pune

It is the largest private sector bank in the country that operates in 87 branches of Pune HDFC banks offers among the best business loans in India, with complete transparency and competitive interest rates. HDFC business loans do not require any security.

Bajaj Finserv Business Loan Pune

One of the largest well-known NBFC in India with low interest rates and flexible repayment options. Business loan by Bajaj Finserv can give much needed boost to your business.

ICICI Bank Business Loan Pune

ICICI bank is the second largest private sector bank in India which has around 48 full and part service branches in the city of Pune ICICI Bank provides loans to small business so that they get timely finance and make most of business opportunities.

Fullerton Business Loan Pune

No.1 Provider which serves the entire Pune through 3 branches.

SBI Business Loan Pune

SBI Provides Best Government business loan, loan to SMEs under various schemes.

Citibank Business Loan Pune

This bank operates from 1 branch out of all in Pune

Kotak Bank Business Loan Pune

Quick & hassle-free process with minimal documentation. Loan tenure 2 to 5 years.

Tata Capital Business Loan Pune

Tata Capital provides Loans for Businesses without security, and loan disbursement within 3 business days. Avail Unsecured Business Loans with no collateral.

Axis Bank Business Loan Pune

Axis Bank is the third largest bank in the country in the private sector and operates about 39 branches in the city of Pune

Unsecured Business Loan Interest Rates in Pune April 2021

Product FeaturesLoan Against PropertyUnsecured Business Loan
Maximum Loan amountUp to 75% of the property valueRs. 1 lakhs to Rs. 100 crore
Loan Tenure5 – 20 Year1 – 5 Years
Interest Rate7.75% – 12.5%13.50% onwards

Eligibility Criteria of Availing Business Loan in Pune

  • The age limit should be between 21 and 65.
  • Registered CA is required to audit your business
  • Cash profits of the last two financial years.
  • Professionals are required to show their qualification proof.

Documents required for a Business loan for Professional and Business owners

For Professionals:

  • Photo ID proof
  • Address Proof
  • Bank statements of last 12 months
  • Proof of business i.e. Certificate of Practice
  • Balance sheet for last 2 years
  • IT returns

For Business Owners:

  • Photo ID proof
  • Address Proof
  • Bank statements of last 3 months
  • Proof of business, Partnership deed, Shop Act License, MOA, AOA
  • Balance sheet for last 2 years
  • IT returns

Components of Business Loan in Pune

  • For an unsecured loan, documentation is simple
  • Payment through EMI is available for a tenure of 12-48 months
  • The loan amount can vary from 3-75 lakhs
  • Based on the eligibility of the applicant, the return on investment may change