# 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. Source: https://www.recurclub.com/lenders/poonawalla-fincorp Last updated: 2026-09-29 ## Products and indicative terms Observed on live transactions. Not an offer or a quote. | Product | Ticket | Rate | Tenure | |---|---|---|---| | Secured Term Loan | ₹15 cr | 11.5% | 36 mo | | Unsecured Business Loan | ₹0.2–0.3 cr | 18–20% | 36–48 mo | Also offered, with no terms observed yet: Overdraft / Cash Credit, Purchase Invoice Discounting, Working Capital Demand Loan, Loan Against Property. ## Eligibility - Poonawalla Fincorp Limited ### Will not fund - 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 - 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 ### Prefers - 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. - …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. ### Screening gates and observed behaviour - 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) · 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 ## Eligibility - POONAWALLA FINANCE PRIVATE LIMITED ### Prefers - 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. ### Screening gates and observed behaviour - 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%) · 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) ## Sanctioned terms (from 25 real sanction letters) ### Sanctioned amount: median ₹40L (₹15L–₹3.9 cr) · NEW ×11 - median ₹40L (₹15L–₹3.9 cr) · NEW ×11 ### Typical security: 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 - 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 ### Typical covenants: - Other standing covenants — 48% of letters (e.g. "Borrower/Co-Borrower prohibited from using the loan amount or any part thereof for any purpose other than for which it was sanctioned; PFL reserves the right to…") - Other standing covenants — 48% of letters (e.g. "Borrower/Co-Borrower prohibited from using the loan amount or any part thereof for any purpose other than for which it was sanctioned; PFL reserves the right to…") ### Term sheet by ticket size: (facilities, largest first) - (facilities, largest first) ## Common questions ### 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. --- Check which lenders fund a business like yours: https://www.recurclub.com/recur-market All lenders: https://www.recurclub.com/lenders 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.