Interest Rate
Starting at 9.99%* p.a.
Loan Tenure
12-84 Months
Hidden Charges
0%

Apply for a Personal Loan of ₹25 Lakh

Need a ₹25 Lakh loan urgently? Meet your personal needs with a ₹25 Lakh Personal Loan. Be it emergency medical expenses, debt consolidation, a wedding, etc, with PoonawallaFincorp, get attractive interest rates, minimal paperwork, quick approval, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

collateral icon Collateral-free
Loan
Interest rate Icon Competitive Interest
Rate
application icon Online
Application
document icon Minimal Documentation
Quick icon Quick
Disbursal
EMI Icon Flexible Repayment Options

Personal Loan EMI Calculator

Calculate your monthly personal loan EMI with our online EMI calculator. Just enter the loan amount, repayment tenure, and interest rate. Try now!

Optimise Your Personal Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
9.99%
30%

Tenure

Months
12 Months
84 Months

Apply for a Personal Loan Online in Just 3 Steps

Step1

Click on “Apply Now”

Tap the “Apply Now”button to initiate your application.

Step2

Enter Details

Enter your DOB, PAN card number, monthly income, KYC details and residential details.

Step3

Upload Documents

Upload the necessary documents for quicker approval.

On successful verification, the loan amount will be disbursed into your bank account instantly.

Get exclusive offers thoughtfully customised just for you

Eligibility Criteria for a Personal Loan of ₹25 Lakh

The eligibility criteria for a Personal Loan are straightforward, so it is easy for you to get access to funds quickly.

  • Age: Between 21 and 60 years.
  • Citzenship: Indian.
  • Employment: Full-time job with a government entity, public/private limited company, LLP, educational institution, or a company approved by Poonawalla Fincorp.
  • Work Experience: Minimum 1 year, with at least 1 month in the current job.
  • Monthly Income: Net monthly salary of at least ₹30,000.

Documents Required for a Personal Loan of ₹25 Lakh

Submit these required documents to complete the loan application process for a ₹25 Lakh Personal Loan:

  • KYC Documents: PAN Card, Aadhaar Card, Voter ID, Driving License, or Passport.
  • Address Proof: Utility Bills, Passport or Rent Agreement.
  • Income Documents: Last 1 month salary slip.
  • Financial Statements: Bank statements for the last 3 months.
  • Employment Proof: Official email ID or employee ID card.

Interest Rates and Charges for a ₹25 Lakh Personal Loan

Avail the loan amount at competitive rates of interest and nominal charges:

Interest Rate
9.99%* p.a. onwards
Loan Amount
₹1 Lakh to ₹50 Lakh
Loan Processing Fees
Up to 3% plus applicable taxes
Lowest EMI Per Month
Starting from ₹2,124* per Lakh for 60 months
Loan Tenure
12-84 months
Prepayment/Foreclosure Charges
1. Before repayment of first six EMI:
i) If Foreclosure or Prepayment is done including balance transfer from another financial institution – 4 % on amount being prepaid plus applicable taxes.
2) After repayment of first six EMI:
i) If Foreclosure or Prepayment is done from own funds of the Borrower- Nil charges.
ii) If Foreclosure or Prepayment is done any other source including by balance transfer from another bank/financial institution- 4% on amount being prepaid plus applicable Taxes.
Default Charges
24% p.a. + taxes
Repayment Instrument Dishonour Charges
₹500/- Per Bounce
Stamp Duty
At actuals (as per state)
Hidden Charges
Nil

Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf

*T&C Apply

Different Uses of a ₹25 Lakh Personal Loan

You can use a ₹25 lakh personal loan for:

  • Vacation - Why hold off for your monthly paycheck to arrange your trip to your favourite destination? You can simply apply for a personal loan and start your vacation. Make your travel dreams a reality today, with fast approvals and easy EMIs designed for your dream visits.

  • Home Renovation - A personal loan allows you to quickly renovate, repair, or enlarge your house during the holiday season. From kitchen renovations to complete makeovers, fund your dream home transformation without any financial worries.

  • Wedding Expenses - Your wedding is a once-in-a-lifetime celebration; don't let financial constraints limit your dreams. A ₹25 lakh personal loan for your big day allows you to arrange every aspect, from designer clothes to dream locations, while safeguarding your long-term finances.

  • Higher Education - Now your child's education won't suffer because of an insufficient income. With the help of a personal loan for educational needs, you will receive funds within 24 hours, enabling your child to attend his or her ideal college.

  • Debt Consolidation - If you are paying several EMIs on multiple loans, then a ₹25 lakh personal loan can help you out. Apply for a personal loan to consolidate your debts and pay just one EMI per month.

  • Medical Emergency - Medical emergencies require a quick response and not a financial delay. A personal loan amount provides quick access to money, allowing you to focus on healing rather than bills.

  • Overdraft Needs - Even if your bank account has no balance, you can apply for an overdraft loan with no EMI. This will be your reserve for emergencies, and you will only have to pay interest on the spent loan amount.

Tips for a Successful Personal Loan Application

  • If you have a high credit score, you can avail of a ₹25 Lakh Personal Loan at an attractive interest rate.

  • Ensure to review your credit report and try to improve it (if required) for faster processing of a personal loan.

  • Before opting for a ₹25 Lakh Personal Loan, check your debt-to-income ratio and plan your finances accordingly.

  • Keep basic documents ready like address proof, identity proof, income proof, etc., for a seamless verification process.

  • Consider closing existing debts before you apply online for a ₹25 Lakh loan.

With no debts, a clean repayment history and income stability, availing a loan becomes a hassle-free experience.

₹25 Lakh Personal Loan EMI for Up to 5 Years

Here are the different EMI values (approx.) against different tenures for a ₹25 Lakh Personal Loan:

Tenure

Approximate EMI at 9.99% p.a.

1 year

₹219,778/month

2 years

₹115,351/month

3 years

₹80,656/month

4 years

₹63,394/month

5 years

₹53,105/month

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

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Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

How much processing time does Poonawalla Fincorp take for a Personal Loan?

We offer instant Personal Loan approval and disbursal to your bank account after successful verification of your loan application and documents.

Can I get a ₹25 Lakh Personal Loan without collateral?

Yes, you can get a Personal Loan of up to Rs. 25 lakh into your bank account without pledging any collateral from Poonawalla Fincorp. Get an affordable interest rate by filling an online application form with minimal documents required.

What are the consequences of defaulting ₹25 Lakh Personal Loan?

If you default on a Personal Loan of ₹25 Lakh, your credit score will drop. Thus, you must pay your monthly EMIs on time and set reminders to avoid missing your EMI due date.

What are the features and benefits of a personal loan from Poonawalla Fincorp?

We offer collateral-free personal loans of up to Rs. 25 lakhs at a competitive interest rate with flexible repayment tenure and no hidden charges. By meeting our simple eligibility criteria, you can get the loan amount in your bank account instantly.

Can I use my ₹25 Lakh Loan for debt consolidation?

Yes, you can use your 25 lakh Personal Loan amount for debt consolidation, wedding, vacation, medical expenses, or any other financial needs. With Poonawalla Fincorp, out can complete the entire process online by clicking 'Apply Now'.

I need 25 lakhs urgently. How can I get a ₹25 Lakh Personal Loan without any delay?

At Poonawalla Fincorp, the Personal Loan is processed immediately after document verification. Once you submit your documents, our team will contact you for verification. Upon approval, the loan disbursal will be done to your bank account without delay.