Get a Personal Loan of ₹30 Lakh with Zero Hidden Charges
Turn your aspirations into a reality with Poonawalla Fincorp’s Personal Loan. Whether you want to pursue higher education, consolidate debt, host a wedding, or invest in a significant purchase, a quick loan can help you meet a wide range of financial needs.
Apply for a collateral-free ₹30 Lakh Personal Loan from Poonawalla Fincorp at competitive interest rates, with flexible repayment terms and minimal documentation. In addition to this, we provide a hassle-free online application facility, allowing you to apply for a ₹30 Lakh loan from the comfort of your home. Apply now!
₹30 Lakh Personal Loan EMI Calculator
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₹30 Lakh Personal Loan Interest Rates and Charges
The following are the interest rates and charges for a ₹30 Lakh Personal Loan from Poonawalla Fincorp:
| 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 ₹2120 per Lakh for 60 months |
| Loan Tenure | 12-84 months |
| Pre-Payment/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.
₹30 Lakh Personal Loan EMI for up to 5 Years
Calculating the EMI in advance is important as it helps you to plan your loan and repayment better. Either you can calculate the EMI for a ₹30 Lakh loan manually, or you can use the ₹30 Lakh loan EMI calculator. Manual calculations are time-consuming and leave room for error. To avoid such mistakes, you can use Poonawalla Fincorp’s ₹30 Lakh Personal Loan EMI calculator. This valuable online automatic tool helps you ascertain how much your EMI outgo will be. You are required to enter the interest rate, loan amount, and loan tenure, and your loan EMI gets displayed instantly.
The EMI for a ₹30 Lakh loan will depend on the two major factors i.e., interest rate and the chosen loan repayment tenure. For instance, ₹30 Lakh Personal Loan EMI for 5 years at 9.99% will be ₹63,594*. Similarly, you can use the ₹30 Lakh Personal Loan EMI calculator to know the loan EMI for different repayment tenures.
Following is the table for a ₹30 Lakh loan EMI at an interest rate of 9.99% for up to 5 years of loan tenure:
| Tenure | EMI at a 9.99% interest rate |
| 2 years | ₹138,296 |
| 3 years | ₹96,661 |
| 4 years | ₹75,944 |
| 5 years | ₹63,594 |
Eligibility Criteria to Get a ₹30 Lakh Personal Loan
Given below are the major loan eligibility criteria:
- Age - The applicant must be 21-60 years old.
- Citizenship - The applicant must be 22-57 years old.
- Monthly salary - The applicant’s minimum monthly income should be at least ₹30,000.
- Employment - The applicant must have a full-time job at a well-established company.
- Work experience - The applicant must have at least 1 year of work experience and at least 1 month’s stable employment at the current job.
Documents Required for a ₹30 Lakh Personal Loan
We have kept our documentation requirements very minimal to make the loan processing simpler and faster. Provide the following loan documents to avail of a ₹30 Lakh loan:
- Identity Proof - PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport.
- Address Proof - Rent agreement/passport/utility bills.
- Income Proof - Latest salary slips for the last 3 months.
- Financial documents - Salary account statement for the past 3 months.
- Employment Proof - Employee ID card and official Email ID confirmation.
Features and Benefits of a ₹30 Lakh Personal Loan
Following are the key features and benefits of a ₹30 Lakh loan:
- No Collateral Required: To get a Personal Loan, you do not have to pledge collateral
- High Loan Amount: You can opt for a high loan amount of up to ₹50 Lakh to meet your wide range of financial requirements.
- Competitive Interest Rates: We offer a ₹30 Lakh loan at competitive interest rates starting at 9.99%* p.a.
- Flexible Repayment Tenure: Repay the loan at your convenience over a period of 84 months.
- Easy Online Application: Apply for a Personal Loan online in just a few clicks.
- Fast Loan Disbursal: Get the loan amount post the verification process.
How to Apply for a ₹30 Lakh Personal Loan
To apply for a ₹30 Lakh Personal Loan, you just have to 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 a ₹30 Lakh Personal Loan Within 5 Minutes
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Frequently Asked Questions
Yes, you can get a ₹30 Lakh Personal Loan from Poonawalla Fincorp with competitive interest rates, flexible repayment tenure, and fast approvals.
The factors that can affect a Personal Loan EMI are the loan amount, interest rate, and the repayment tenure. Higher loan amounts or higher interest rates will result in higher EMIs. Whereas when it comes to the repayment term, the longer the tenure, lower will be the EMI, but you end up paying more interest.
You can get a ₹30 Lakh loan online through Poonawalla Fincorp. Alternatively, you can opt for a loan offline by visiting the nearest branch in person.
*Terms & Conditions apply
