Get Personal Loan of ₹25 Lakh with Quick Approval
Poonawalla Fincorp is one of the leading NBFCs in India offering different types of loans such as Personal Loans, Business Loans, Home Loans, Pre-Owned Car Loans, etc. We focus on providing a personalized experience to various customers present all over the country. Features such as online loan processing, minimal documentation, instant approval, and disbursal make it a favorable choice for individuals to avail ₹25 Lakh Personal Loan from Poonawalla Fincorp.
Poonawalla Fincorp’s Personal Loan is most suitable for borrowers who are looking for an instant ₹25 Lakh Loan. You can apply for Personal Loan online just by visiting our official website.
₹25 Lakh Personal Loan EMI Calculator
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₹25 Lakh Personal Loan Interest Rates & Charges
As a borrower, you can avail of a Personal Loan of up to ₹ 25 Lakh without pledging any of your personal assets as a security. Collateral-Free Personal Loan from Poonawalla Fincorp makes it a favorable choice for individuals who currently don’t possess any personal assets and are looking for a Personal Loan.
While availing of a Personal Loan, a borrower has to bear interest on the loan amount. Interest is considered the cost of borrowing for availing of the desired loan amount. The word ‘term’ is used for a pre-decided loan period that a borrower has to repay the loan amount within. The loan is repaid in Equated Monthly Installments (EMIs) to the lender.
Get ₹25 Lakh Personal Loan with an attractive interest rate with Poonawalla Fincorp!
| Personal Loan Interest Rates | 9.99%* p.a. onwards |
| Loan Amount | ₹1 Lakh to ₹50 Lakh |
| Loan Processing Fees | Up to 2% plus applicable taxes |
| Lowest EMI Per Month | Starting from ₹2,124* per Lakh for 60 months |
| Loan Tenure | 12-60 months |
| Prepayment/Foreclosure Charges | Zero* |
| Late Payment Charges | 2% per month |
| Cheque Bounce Charges | ₹500 per bounce plus applicable taxes |
| Stamp Duty | At actuals (as per state) |
| No Other Hidden Charges | |
₹25 Lakh Personal Loan EMI for up to 5 Years
The tenure of loan repayment 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% interest rate, it will be as mentioned below:
| Tenure | Approximate EMI at 9.99% interest rate (₹) |
| 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 – The applicant loan should be between 24 and 58 years.
- Monthly Income – The borrower should have at least ₹40,000 monthly income
- Employment – He/she 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 – The applicant should have 1 year of stable work experience.
Documents Required for ₹25 Lakh Personal Loan
With Poonawalla Fincorp’s Personal Loan, you have the convenience to upload all the required documents online. Once you upload the documents online, the team from Poonawalla Fincorp will verify the documents and provide you with approval. Below is the list of the documents that you must provide:
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KYC documents
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Address proof
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Income documents
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Employment proof
- KYC documents like Aadhaar/PAN Card
- Current address proof (Passport/Utility bills/Rent Agreement)
- Latest salary slips and salary credit bank statement from the last 3 months.
- Proof of employment, such as 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.
How to Apply for ₹25 Lakh Personal Loan
Poonawalla Fincorp’s Personal Loan is tailor-made according to the needs and requirements of borrowers. We understand the importance of borrowing and financial assistance. Our customized Personal Loan offering is one of the best in the industry. You can apply for a Personal Loan by following the below-mentioned 5 easy steps.
- Step 1: Click on ‘Apply Now’ on our website and fill in the personal loan application form.
- Step 2: Enter your KYC details and upload the documents required for a Personal Loan.
- Step 3: Await application assessment and verification.
- Step 4: Receive confirmation on loan approval.
- Step 5: Approve and authorize Personal Loan online disbursal.
Apply for an Instant ₹25 Lakh Personal Loan within 5 Minutes
Apply
Online
Apply Online
Click on Apply Now and fill in the complete application.
Personal
Details
Personal Details
Enter your DOB, qualification and residential details
Verification
Verification
Application will then proceed 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, once you meet the eligibility criteria provided by the lender.
You can apply for a Personal Loan of ₹25 Lakh by following the below-mentioned steps:
- Step 1: Click on ‘Apply Now’ on our website and fill in the personal loan application form.
- Step 2: Enter your KYC details and upload the documents required for a Personal Loan.
- Step 3: Await application assessment and verification.
- Step 4: Receive confirmation on loan approval.
- Step 5: Approve and authorize Personal Loan online disbursal.
You need to meet the eligibility criteria set by the lender such as age, income, citizenship, employment, etc. to borrow a sum of ₹25 Lakh from Poonawalla Fincorp.
You can apply for a Personal Loan of ₹25 Lakh by following the below-mentioned steps:
- Step 1: Click on ‘Apply Now’ on our website and fill in the personal loan application form.
- Step 2: Enter your KYC details and upload the documents required for a Personal Loan.
- Step 3: Await application assessment and verification.
- Step 4: Receive confirmation on loan approval.
- Step 5: Approve and authorize Personal Loan online disbursal.
You can expect to get ₹25 Lakh Personal Loan instantly. With online loan approval and disbursal, the processing time for ₹25 Lakh Personal Loan is expected to be 24 hours.
The interest rate for ₹25 Lakh Personal Loan per month starts from 9.99%* p.a.
*T&C Apply
