Get Personal Loan of ₹25 Lakh with Quick Approval
A Personal Loan is a versatile financial tool designed to meet your diverse needs and aspirations. A Personal Loan offers you the flexibility to utilise funds for various purposes, such as consolidating debt, planning a wedding, covering medical expenses, or any personal financial requirements. You can attain all such purposes with a ₹25 Lakh Personal Loan from Poonawalla Fincorp.
Our collateral-free Personal Loan comes with competitive interest rates, a hassle-free application process, and flexible repayment tenure. You can apply for a Personal Loan online just by visiting our official website. Apply now!
₹25 Lakh Personal Loan EMI Calculator
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₹25 Lakh Personal Loan Interest Rates and Charges
You can get a ₹25 Lakh Personal Loan with a competitive interest rate from Poonawalla Fincorp. Follow the table below for further details about interest rates and charges:
| Personal Loan Interest Rates | 9.99%* p.a. onwards |
| Loan Amount | ₹1 Lakh to ₹50 Lakh |
| Loan Processing Fees | Up to 3% |
| Lowest EMI Per Month | Starting from ₹2,124* per Lakh for 60 months |
| Loan Tenure | 12-84 months |
| Prepayment/Foreclosure Charges | 0%* If paid from own sources & 4% If paid from other sources |
| Default Charges | 24% per annum |
| Repayment Instrument Dishonor Charges | ₹500 per bounce plus applicable taxes |
| Stamp Duty | At actuals (as per state) |
| No Other Hidden Charges | |
Note: Default Charges: Penalty will be charged for non payment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.
₹25 Lakh Personal Loan EMI for up to 5 Years
The loan repayment tenure directly influences your EMIs on ₹25 Lakh Personal Loan.
The value of the ₹25 Lakh Personal Loan EMI will vary between a ₹25 Lakh loan for 5 years, a ₹25 Lakh loan for 3 years, and a ₹25 Lakh loan for 2 years.
If we calculate the EMI for each tenure at approximately 9.99%* p.a. interest rate, it will be as mentioned below:
| Tenure | Approximate EMI at 9.99% interest rate (in ₹) |
| 2 years | 115,351/month |
| 3 Years | 80,656/month |
| 5 Years | 53,105/month |
Eligibility Criteria to Get Personal Loan of ₹25 Lakh
To get a Personal Loan of up to ₹25 Lakh from Poonawalla Fincorp, you need to meet the below-mentioned eligibility criteria:
Age
Monthly Income
Employment
Work Experience
- Age – Your age should be between 21 and 60 years.
- Monthly Income – You should have at least ₹30,000 monthly income.
- Employment – You should be full-time employed with a company at a central and state govt., PSU, MNC, Listed, Unlisted Public Ltd., Private Limited Company, LLP, schools and colleges, or companies which are listed internally to get a Poonawalla Fincorp Personal Loan.
- Work Experience – You should have 1 year of stable work experience and at least 1 month of stable employment at your current job.
Documents Required for ₹25 Lakh Personal Loan
Below is the list of the documents that you need to provide for a ₹25 Lakh Personal Loan.
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Identity Proof
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Address proof
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Income documents
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Employment proof
- Identity Proof: PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport
- Address Proof: Passport/Utility bills/Rent Agreement
- Income Proof: Latest salary slips for the last 3 months, and bank statement of the last 3 months.
- Employment Proof: Official mail ID confirmation /Emp ID Card
Features & Benefits of ₹25 Lakh Personal Loan
Poonawalla Fincorp offers a Personal Loan with attractive features such as no collateral requirement, flexible repayment tenure, attractive interest rate, multi-purpose high loan amount with no restrictions on usage, Zero foreclosure/pre-payment charges, No hidden charges, Quick approvals, and Easy and hassle-free process. Personal Loan from Poonawalla Fincorp is one of the industry-leading credit options catering to a wide range of borrowers from all over the country.
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High Loan Amount
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Minimal documentation
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No hidden charges
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No foreclosure charges
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Online processing
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Quick disbursal
How to Apply for ₹25 Lakh Personal Loan?
To apply for a ₹25 Lakh Personal Loan from Poonawalla Fincorp, follow these steps:
- Step 1: Click on the ‘Apply Now’ button.
- Step 2: Fill in the required details on the loan application form.
- Step 3: Upload necessary documents.
On successful verification, the loan will be transferred to your bank account.
Apply for ₹25 Lakh Personal Loan within 5 Minutes
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Online
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Click on ‘Apply Now’ and complete the application form
Personal
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Personal Details
Enter your DOB, qualification, and residential details
Verification
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Submit and upload all details for verification and assessment
Frequently Asked Questions on ₹25 Lakh Personal Loan
At 9.99%* p.a. of interest rate, the EMI for ₹ 25 Lakh Personal Loan for 1-year tenure is ₹ 219,778.
Yes, you can get ₹25 Lakh loan without collateral from Poonawalla Fincorp after meeting the above-mentioned eligibility criteria.
You can apply for a Personal Loan of ₹25 Lakh by following the below-mentioned steps:
- Step 1: Click on the ‘Apply Now’ button.
- Step 2: Fill in the required details on the loan application form.
- Step 3: Upload necessary documents.
On successful verification, the loan will be transferred to your bank account.
You can be eligible for a ₹25 Lakh Personal Loan from Poonawalla Fincorp if you meet the following eligibility criteria:
- Age – Between 21 and 60 years.
- Monthly Income – At least ₹30,000 monthly income.
- Employment – You should be full-time employed with a company at a central and state govt., PSU, MNC, Listed, Unlisted Public Ltd., Private Limited Company, LLP, schools and colleges, or companies which are listed internally to get a Poonawalla Fincorp Personal Loan.
- Work Experience – Minimum 1 year of work experience and at least 1 month of stable employment at the current job.
Poonawalla Fincorp offers fast loan approvals. You can expect to get ₹25 Lakh Personal Loan within 24 hours.
The interest rate for a ₹25 Lakh Personal Loan per month starts from 9.99%* p.a.
*T&C Apply
