Piramal Finance Business Loan

Here are a few factors

Product Rating

( 4.5 /5 )

Total - 364 ratings

Location 50Km from Branch
CIBIL Score 700+
Processing Online
Business Vintage 2 Year
Minimum Turnover Minimum 25 Lakhs to 10 Cr
Loan Amount & Tenure 1 Lac-15 Lac
(12 month to 48 Month)
Loan Product Only Term Loan No OD Limit
Rate of Interest & Type 16.49% - 25%(Reducing)
TAT Sanction-5 Days
Disbursement-7 Days
Processing Fees 2.75%
Foreclosure Charges 4%
Applicant Type Individual, Proprietorship Concern, Partnership Firm/LLP/Company
Whether Co-Applicant Mandatory Any Blood Relative if applicant is Individual or Proprietor for others applicable co-applicant
Proprietor Age/Co-Applicant Age 25 Year- 65 Year
Part Payment Allowed No
Whether Ownership Proof Required Yes, Either Office or Residence should be owned.
Business Registration Proof Mandatory Yes
Program Banking upto 12 Lakhs
Product for Professionals No
Negative Profile Minus 1 CIBIL Applicant
USP 1. Existing Business loan which is to be paid in next 9 month will not be considered in obligation
2. Bouncing in last 6 month can be considered
Additional Minimum 51% Shareholding required on Loan if applicant is LLP/Partnership firm/Company 

Piramal Finance Business Loan EMI Calculator

Interest Type

Loan Amount

Interest Rate


Loan Tenure

Loan Amount100,000
Interest %16 %
Tenure (months)12
Emi (monthly)9,073
Total Interest8,877
Loan Amount + Interest108,877
YearTotal Principal
( A )
Total Interest
( B )
( A + B)
Total Payment Loan Paid Till Date (%)
100,0018,875108,8760100.00 %
Jan7,7401,3339,07392,2607.74 %
Feb7,8431,2309,07384,41715.58 %
Mar7,9471,1269,07376,47023.53 %
Apr8,0531,0209,07368,41731.58 %
May8,1619129,07360,25639.74 %
Jun8,2708039,07351,98648.01 %
Jul8,3806939,07343,60656.39 %
Aug8,4925819,07335,11464.89 %
Sep8,6054689,07326,50973.49 %
Oct8,7203539,07317,78982.21 %
Nov8,8362379,0738,95391.05 %
Dec8,9541199,0730100.00 %

Documents required for Piramal Finance Business Loan

Let’s look into the eligibilities and required Documentation to make your application process even smoother:

  • KYC of applicant & Co-Applicant
  • Last 3 year ITR with computation of income of applicant & co-applicant
  • Last 3 year audited balance sheet of applicant
  • Last 3 year Tax audit report of applicant
  • Last 12 month Bank Statement of applicant & co-applicant
  • 26AS of last 2 year of applicant & co-applicant
  • Copy of GST registration
  • Copy of MSME registration
  • Copy of Last 12 month GST return
  • Sanction letter of all running loan
  • Debt Sheet
  • Latest utility Bill of residence if owned or rent agreement if rented
  • Latest utility Bill of Office if owned or rent agreement if rented
  • 2 Reference with contact details
  • Last 3 year Debtors & Creditors on letter head
  • List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP

Note : Piramal Finance Business Loan may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.

Some Important Points

1. KYC Means
If Applicant is
  • Company-MOA, AOA, COI , PAN Card
  • Partnership Firm/LLP- Partnership Deed & PAN Card
  • Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
For Co-Applicant
  • KYC means  Adhaar Card, PAN Card, Passport Size Photo

Co-Applicant means in case of
  • Company : Directors
  • Partnership firm/LLP : Partners
  • Proprietorship Firm : Spouse of Proprietor
2. If applicant is professional, then his professional degree is required

About Piramal Finance Business Loan

Having the assistance of a business loan can take care of all these concerns, whether it be the urgent requirement for the installation of new machinery or the past-due payment to your suppliers. We are aware of the up and downs in business and the consequent requirement for business financing. For this reason, Piramal Finance provide you with a business loan that ranges from INR 3 lakh to INR 10 lakh. The repayment tenure for the same is 36 months. This could be the best deal for you if you're looking for a small business loan.

Piramal Finance offers Home Loans, Secured & Unsecured Business Loans, Corporate Loans and various other loans, with lower EMIs at great interest rates. It provides both wholesale and retail funding opportunities across sectors. The devoted team of Piramal Finance works with you to complete the paperwork quickly, honestly, and transparently. Simply choose the amount and get in touch with Piramal Finance, so we can ease your burdens.

Key Features of Piramal Housing Business Loan

  • Wide range of loan facility: Business loans are available with funding for a variety of properties and collaterals.
  • Quick approvals: Utilize our simple procedures and prompt loan disbursal to save time and hassle.
  • Higher loan amounts and eligibility: Take advantage of our thorough assessment process to get the highest loan amounts possible. Doorstep facility: Get a loan at your doorstep without leaving your house or place of business.
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

Leave Your Question


When your company is just getting started or even growing, a business loan can be a blessing. You can meet both your immediate and long-term cash needs with the help of the loan amount. Piramal Finance provide loans to help you get through any financial distress.

Piramal Finance, provide business loans to both self-employed and employed individuals as well as professionals. These loans have reasonable interest rates and are also extremely flexible.

You may choose to repay the loan through a post dated check, electronic clearing services, or direct debt collection techniques.

The business loan prepayment charges are 5% of the principal loan amount plus taxes.

Processing Fees of up to 2.75 % of the Loan amount + applicable taxes (payable before disbursement of the Loan) is applicable on the Piramal finance business loan.