What does Poonawalla Fincorp lend?

Poonawalla Fincorp writes loan against property, overdraft / cash credit, purchase invoice discounting, secured term loan, unsecured business loan, working capital demand loan. Across those, observed facilities run ₹20 lakh to ₹15 cr.

What ticket size does Poonawalla Fincorp offer?

Facilities observed on live transactions run from ₹20 lakh to ₹15 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.

What rate does Poonawalla Fincorp charge?

Rates observed on live transactions fall between 11.5% and 20% a year. Tenures run 36 to 48 months. These are observed figures, not a quote, and the rate you are offered depends on your file.

How long does Poonawalla Fincorp take to disburse?

About 11 days from application to disbursal at the median, where the file is complete. Missing financials, unresolved security or a pending no-objection from an existing lender are what usually stretch it.

What are Poonawalla Fincorp's eligibility criteria?

The first screen is the bureau: a borrower CIBIL of at least 700. Revenue, leverage and debt-service thresholds apply on top and vary by product. The full credit box for each product is set out on this page.

Lender profile

Poonawalla Fincorp business loans

Poonawalla Fincorp is on Recur Club's lender panel, writing loan against property, overdraft / cash credit, purchase invoice discounting and 3 other products. Observed tickets run ₹20 lakh to ₹15 cr, priced between 11.5% and 20%. Median turnaround from application to disbursal is about 11 days.

✓Tickets from ₹20 L – ₹15 Cr across 6 products
✓Indicative pricing 11.5% – 20%, as quoted on live transactions
✓Around 11 days from application to disbursal when the file is clean
✓We check your fit against every lender on the panel, not just this one

Check your fit →See a typical term sheet

Products live

₹40L

Median sanction

Days median turnaround

Sanction letters read

— Which arm you land with

2 lenders under one brand

They share a screening philosophy but not a book. Which one your file goes to depends on what you are borrowing against.

Poonawalla Fincorp Limited

Rejects

case not doable due to GST delay of 90+ days
Case is not doable due to multiple bounces in CA
Does not want to fund cash-burning companies
Sector agnostic but negative on construction finance, real estate, infra-heavy, and EPC with government-based receivables

20 more ▾

Does not fund greenfield capex (brownfield capex is acceptable)
Case not processed due to multiple DPDs reported on business loan and credit card
Case not processed due to GST filing delay of more than 90 days
Any loan write-off or settlement by the applicant within the past 3 years causes automatic rejection (precedent: Betwil Mobiles rejected over a ₹16k personal loan written off Feb 2026)
Primary/KYC applicant cannot have a CIBIL score of minus-one, even if the operating promoter's score is strong (precedent: Gopal Decoration rejected — applicant Vimal was minus-one despite promoter Rahul having a strong score)
A track record of consistent DPDs (e.g. 240, 119, 140, 210 days) signals poor repayment intent and causes automatic rejection, regardless of other lenders like Bajaj having processed the case, since Poonawalla's policy is stricter than Bajaj's (precedent: Jine Shree Hazi Fashion)
Declined the case: very high risk, banking not satisfactory, low EOD balance maintained in both accounts
CIBIL report generated as -1; per policy the case cannot be processed
DOB mismatch between PAN (13/01/1962) and Aadhaar (30/01/1962) renders case not eligible for further processing
Won't process this business loan for the case
Case not processed as business vintage norms not met (Firm PAN dated 23/04/, GST dated 05/08/)
Case not doable due to 'Very High Risk' profile
CIBIL score of -1; per policy the case is not doable
DOB mismatch between PAN (13/01/1962) and Aadhaar (30/01/1962) cited as a reason case is not doable
As per policy, cases with SMA (Special Mention Account) reporting in CIBIL are not eligible for processing, even if the SMA was attributed to delayed payments
Declined the case citing negative PAT and Net Worth, declining turnover, negative adjusted tangible net worth, multiple existing loan cases flagged in probe report, DPDs reported across multiple loans, and unsatisfactory CIBIL history
Pin code 783121 (Assam) is a non-serviceable location per policy
Case is not doable due to the June GST filing being overdue by more than 90+ days, which is outside the policy criteria
Out of policy: ≈33% dip in sales (per Karza) and ≈40% dip in business, plus brand under litigation
Case rejected for falling under the Very High Risk band

Wins

Prefers profiles similar to ABFL and Tata
Prefers 1x cover collateral via pledge of shares, mortgage, or escrow/cash flows
Machinery-plus-escrow structures and deals without CA are both acceptable
Unlisted share pledges okay only where there's an IPO or value discovery event

9 more ▾

Prefers being referred leasing transaction cases to expedite onboarding.
…more in playbook
Prefers profiles similar to ABFL and Tata
Prefers 1x cover collateral via pledge of shares, mortgage, or escrow/cash flows
Machinery-plus-escrow structures and deals without CA are both acceptable
Unlisted share pledges okay only where there's an IPO or value discovery event
Prefers being referred leasing transaction cases to expedite onboarding.
Team previously found the Gasonet deal too early-stage for them.
Very keen to explore the Moglix (Mowglix) opportunity.

Behaviour & gates

Borrower: minimum bankingturnover: 1 (unsecured business loan only)
age ≥2y (unsecured business loan)
age ≥3y (secured term loan)
maximum bankingturnover: 200 (unsecured business loan only)
CIBIL ≥700 (unsecured business loan)
CIBIL ≥650 (secured term loan)

27 more ▾

max usl enquiries l6 m: 9 (unsecured business loan only)
max nach cheque bounces l3 m: 1 (unsecured business loan only)
Private Limited, Limited Liability Partner (varies by product)
sector-agnostic (37 sectors — full list in data JSON) (varies by product)
avoid: Real Estate (non asset Light), Infrastructure (varies by product)
Andaman and Nicobar Islands, Andhra Pradesh, Bihar, Chandigarh, Dadra and Nagar Haveli and Daman and Diu, Delhi, Goa, Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Karnataka, Kerala, Ladakh, Lakshadweep, Madhya Pradesh, Maharashtra, Puducherry, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand, West Bengal, Odisha (varies by product)
Financials: EBITDA ≥₹10cr
rev ≥₹80cr
TOL/adjusted tangible net worth ≤5
debt/EBITDA ≤4
networth ≥₹10cr
debt/networth ≤4
DSCR ≥1
Deal: rate 10–20% (range across products — see matrix)
ticket ₹0.1–100cr (range across products — see matrix)
tenure 12–60mo (range across products — see matrix)
no PEP
Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%)
1st/pari-passu charge on current assets (56%)
median ticket ₹0.5cr
median rate 18%
median turnaround 11d
Security asked in : Personal Guarantee Of Promoters/Directors (×11), 1st/pari-passu charge on current assets (×10), FD margin 15–20% (×5), Escrow Of Cashflows (×4)
Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×9), 1st/pari-passu charge on current assets (×5), 1st charge on P&M (×4), Movable Fixed Assets/Plant & Machinery - Pari Passu First Charge (×3)
share → in-principle approval (initial interest): ≈8d
in-principle approval → sanction (underwriting): ≈0d
sanction → disburse (closing): ≈2d

Poonawalla Finance Private Limited

Wins

Lender prefers referrals for leasing transactions to expedite onboarding.
For this LAP deal, requested to be connected with someone from the lender's Bangalore team to take it forward.

Behaviour & gates

Borrower: CIBIL ≥650
Financials: TOL/adjusted tangible net worth ≤5
debt/EBITDA ≤4
debt/networth ≤4
DSCR ≥1
Security (observed): 1st charge on immovable assets (100%)

2 more ▾

Personal Guarantee Of Promoters / Directors / Property Owner (50%)
Security asked in 2026: 1st charge on immovable assets (×2), Personal Guarantee Of Promoters / Directors / Property Owner (×1)

— Products & indicative terms

What Poonawalla Fincorp lends, and on what terms

What has actually been offered on live transactions, not brochure numbers. Treat them as the band you are likely to be quoted inside, not a promise. Open a row for that product's credit box.

Product	Ticket	Pricing	Tenure	Arm
Secured Term Loan▾▴ Turnaround ~108d Rejects Negative sectors: Real Estate (non asset Light), Infrastructure Wins Director overdue: 0.001 INR Cr States: 27 approved states → data JSON Company types: Private Limited, Public, Limited Liability Partner Min company age (yr): 3 Years 14 more ▾ ▴ Director CIBIL: 650 Min EBITDA (₹cr): 10 Min revenue (₹cr): 80 Debt / EBITDA: 4 Min Networth: 10 INR Cr Debt / Net worth: 4 Debt Service Coverage Ratio: 1 Offered terms (past deals): rate 11.5–11.5–11.5% ₹15–15–15 Cr 36–36–36 mo Turnaround: ≈108 days (share→disburse) Asks for Cap table / equity (×1) — e.g. Expects a condition precedent: proof of equity raised in Dec or royalty agreemen Asks for Other (×1) — e.g. NDA must be signed off for data sharing Asks for Term sheet (×1) — e.g. Litigation documents (patent dispute chronology, ITC case summary, court documen Behaviour & gates Min tenure (mo): 12 Months Min ticket (₹cr): 20 Max tenure (mo): 60 Months Min rate (%): 10 Politically Exposed Person: Yes Max ticket (₹cr): 100 31 more ▾ ▴ Security required: ['Charge On Current Assets - Pari Passu First Charge', 'Fixed Deposit 10 - 15%'], ['Charge on Immovable Fixed Assets - Exclusive First Charge'], ['Charge On Current Assets - Second Charge', 'Escrow Of Cashflows'], ['Charge On Movable Fixed Assets/Plant & Machinery - Exclusive First Charge'] Max rate (%): 13 rate — stated 10–13%, actually offered 11.5–11.5% → within stated band Amount — stated 20–100 Cr, actually offered 15–15 Cr → priced/sized below stated floor Tenure — stated 12–60 mo, actually offered 36–36 mo → within stated band Not comfortable relying on Indian entity cashflows (×1 latest ) Previously rejected the deal due to sector concerns and high cash burn (×1 latest ) Rejected the deal 3 months back (specific reasons to be confirmed) (×1 latest ) Capped exposure on the co-working segment currently; can revisit in 3-4 months once portfolio runs down (×1 latest ) Rejected in the system due to low scale and presence of other lenders in the debt schedule (×1 latest ) Escrow not an option hence deal passed (×1 latest ) Funding greenfield projects not allowed as per credit policy (×1 latest ) Pure trading company will not sail through in the system [×1 latest ] Leverage too high at 6x debt to EBITDA — won't fly in our system [×1 latest ] Low comfort on the Solar modules sector; has rejected larger, better-rated companies in this sector before (×1 latest ) Not keen on taking a second charge as security (×1 latest ) Not keen to pick up this deal, per reasons discussed previously (×1 latest ) Push back on the loan quantum requested by the company (×1 latest )	₹15 cr	11.5%	36 mo	Poonawalla Fincorp
Unsecured Business Loan▾▴ Turnaround ~8d Wins Min Bankingturnover: 1 INR Cr Min company age (yr): 2 Years Max Bankingturnover: 200 INR Cr Director CIBIL: 700 16 more ▾ ▴ Max Usl Enquiries L6 M: 9 Company types: Private Limited, Sole proprietorship, Limited Liability Partner Max Nach Cheque Bounces L3 M: 1 Offered terms (past deals): rate 18–19–20% ₹0.2–0.2–0.3 Cr 36–42–48 mo Turnaround: ≈8 days (share→disburse) Asks for Other (×28) — e.g. Requested AOA (Articles of Association) Asks for Debt schedule / sanction letters (×8) — e.g. ICICI bank 40L CC/OD sanction letter or limit proof required Asks for Bank statements (×5) — e.g. Bank statements required to evidence EMI being debited on schedule for complianc Asks for Legal / KYC (×4) — e.g. Current address proof required for both founders (Gurgaon) as part of KYC Asks for Term sheet (×4) — e.g. CIBIL consent required from loan applicants via Poonawalla Fincorp's consent pla Asks for Cap table / equity (×3) — e.g. Shareholder consent (from named individuals) and shareholding pattern required t Asks for Data room / datasets (×3) — e.g. Customer details sheet required in the data room Asks for Contracts/work orders (×1) — e.g. Current address proof via rental agreement required Asks for MIS (×1) — e.g. Flagged that the detailed sheet was missing from the data room and needed to be Behaviour & gates Min tenure (mo): 12 Months Min ticket (₹cr): 0.05 Max tenure (mo): 36 Months Min rate (%): 17 Politically Exposed Person: No Max ticket (₹cr): 01 32 more ▾ ▴ Max rate (%): 20 rate — stated 17–20%, actually offered 18–20% → within stated band Amount — stated 0.1–1 Cr, actually offered 0.2–0.3 Cr → within stated band Tenure — stated 12–36 mo, actually offered 36–48 mo → exceeded stated ceiling Case not processed due to multiple DPDs reported on business loan and credit card (×1 latest ) Rejected the case citing the promoter floating multiple entities (undisclosed related entities/OPC) over a short period, raising business continuity and entity-structuring concerns (×1 latest ) Case not processed due to GST filing delay of more than 90 days (×1 latest ) CIBIL report generated as -1; per policy the case cannot be processed (×1 latest ) Case not processed as business vintage norms not met (Firm PAN dated 23/04/, GST dated 05/08/) (×1 latest ) DOB mismatch between PAN (13/01/1962) and Aadhaar (30/01/1962) renders case not eligible for further processing (×1 latest ) Declined the case: very high risk, banking not satisfactory, low EOD balance maintained in both accounts (×1 latest ) Unable to proceed per policy due to high DPDs reported in Housing Loan & Personal Loan and a Personal Loan write-off reported in 2026 (×1 latest ) Unable to process the case because the customer's proprietorship firm remains active and the same business is being carried out under the applicant private limited company (×1 latest ) Won't process this business loan for the case (×1 latest ) CIBIL score of -1; per policy the case is not doable (×1 latest ) Case not doable due to 'Very High Risk' profile (×1 latest ) DOB mismatch between PAN (13/01/1962) and Aadhaar (30/01/1962) cited as a reason case is not doable (×1 latest ) As per policy, cases with SMA (Special Mention Account) reporting in CIBIL are not eligible for processing, even if the SMA was attributed to delayed payments (×1 latest )	₹0.2–0.3 cr	18–20%	36–48 mo	Poonawalla Fincorp

Also offered, with no terms observed yet: Overdraft / Cash Credit, Purchase Invoice Discounting, Working Capital Demand Loan, Loan Against Property.

— Typical term sheet

What a sanction from Poonawalla Fincorp actually looks like

Reconstructed from real sanction letters. Small samples, so read them as observed rather than as a rule.

Specimen sanction

Representative of the median file. Your actual terms will move with rating, security cover and relationship.

Indicative

How often each clause appears

Share of the 25 sanction letters carrying the clause.

Other standing covenants48%

— Security & covenants

What they will ask you to pledge

Counted across the sanction letters read. A combination is normal, and most files carry more than one.

Poonawalla Fincorp Limited

Immovable property1 letters
Repayment Instrument (auto-debit mandate/cheque) held as security1 letters
Repayment Instrument (auto-debit mandate/Cheque)1 letters
Machinery / Equipment1 letters
Machinery/Equipment1 letters
Machinery/Asset1 letters

Immovable property ×1, Repayment Instrument (auto-debit mandate/cheque) held as security ×1, Repayment Instrument (auto-debit mandate/Cheque) ×1, Machinery / Equipment ×1, Machinery/Equipment ×1, Machinery/Asset ×1

— Common questions

What borrowers ask about Poonawalla Fincorp

What does Poonawalla Fincorp lend?: Poonawalla Fincorp writes loan against property, overdraft / cash credit, purchase invoice discounting, secured term loan, unsecured business loan, working capital demand loan. Across those, observed facilities run ₹20 lakh to ₹15 cr.
What ticket size does Poonawalla Fincorp offer?: Facilities observed on live transactions run from ₹20 lakh to ₹15 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.
What rate does Poonawalla Fincorp charge?: Rates observed on live transactions fall between 11.5% and 20% a year. Tenures run 36 to 48 months. These are observed figures, not a quote, and the rate you are offered depends on your file.
How long does Poonawalla Fincorp take to disburse?: About 11 days from application to disbursal at the median, where the file is complete. Missing financials, unresolved security or a pending no-objection from an existing lender are what usually stretch it.
What are Poonawalla Fincorp's eligibility criteria?: The first screen is the bureau: a borrower CIBIL of at least 700. Revenue, leverage and debt-service thresholds apply on top and vary by product. The full credit box for each product is set out on this page.

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Last updated 29 September 2026

Lender intelligence dossier - screening gates, per-product terms and sanction observations, derived from lender policy documents and observed transactions. Figures are observed from a sample and are not an offer, a commitment, or a statement of Poonawalla Fincorp's current policy. Terms are set by the lender at the time of sanction.