Personal Loan for Travel

₹25 Lakh Personal Loan

Starting at 9.99%* per annum

Minimal Documentation | Quick Approval | 100% Digital Process

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.

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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 ₹30 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 0%* If paid from own sources
Late Payment Charges 3% per month
Cheque Bounce Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges

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:

You need to submit documents for further evaluation, once you meet the eligibility criteria for an instant loan. Your documents will then get verified by the lender and ₹25 Lakh loan will be disbursed in your bank account directly.
Tenure    Approximate EMI at 9.99% interest rate (₹)
2 years 115,351/month
3 Years 80,656/month
5 Years 53,105/month

To get a Personal Loan of up to ₹25 Lakh from Poonawalla Fincorp, you need to meet the below-mentioned eligibility criteria:

Age Requirement

Age

Citizenship Status

Monthly Income

Work Experience Required

Employment

Monthly Salary Required

Work Experience

  • Age – The applicant loan should be between 22 and 57 years.
  • Monthly Income – The borrower should have at least ₹30,000 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.

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:

  • KYC Documents

    KYC documents

  • Income Proof

    Address proof

  • Address Proof

    Income documents

  • Address Proof

    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

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.

  • Online application process

    High Loan Amount

  • Minimal documentation

    Minimal documentation

  • Collateral-free quick loans

    No hidden charges

  • No hidden charges

    No foreclosure charges

  • No penalties on foreclosure and prepayment

    Online processing

  • Instant disbursal

    Quick disbursal

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.
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Click on Apply Now and fill in the complete application.

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Enter your DOB, qualification and residential details

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Application will then proceed for verification and assessment

What is the EMI for a loan of ₹25 Lakh?

At 9.99% p.a. of interest rate, the EMI for ₹ 25 Lakh Personal Loan for 1-year tenure is ₹ 219,778.

Can I get a ₹25 Lakh loan without collateral?

Yes, you can get ₹25 Lakh Loan without collateral, once you meet the eligibility criteria provided by the lender.

How to get a personal loan of ₹25 Lakh?

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.
Am I eligible to borrow a sum of ₹25 Lakh for Poonawalla Fincorp?

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.

How to apply for a Personal Loan of ₹25 Lakh?

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.
What is the processing time for a ₹25 Lakh Personal loan?

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.

What is the interest rate for ₹25 Lakh per month?

The interest rate for ₹25 Lakh Personal Loan per month starts from 9.99%* p.a.

*T&C Apply

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