Instant Loan Online

Instant Personal Loan

Starting at 9.99%* per annum

Minimal Documentation | Instant Approval | 100% Digital Process

Instant Personal Loans are perfect for those who want to fund emergency expenses. If you want to apply for an instant loan, you are at the right place. Poonawalla Fincorp offers instant loans online at attractive interest rates. Our instant Personal Loans, also called small instant loans are unsecured, and you can apply online. Poonawalla Fincorp has become an instant loan provider of choice for countless loan seekers due to its attractive features.

Before applying for an instant loan online, you can use our free online EMI calculator to determine your monthly payments. Our Personal Loan EMI calculator is easy to use and is available on our website. You simply have to put your instant loan amount, the interest rate offered to you, and your desired loan tenure. The tool will give out an automated result as per your data.

*Please note these results are just an approximation of your monthly payments. Your actual EMI amount might differ based on other factors that affect the final amount of your easy instant loan.


Our instant Personal Loan interest rates start at 9.99%* p.a. The interest rate offered to you depends on a variety of factors such as your credit score history, instant loan eligibility, and your loan amount.

We do not have any hidden charges and do not levy any foreclosure charges. Our affordable instant loans come with no end-use restrictions so that your financial goals don’t have to wait. This makes Poonawalla Fincorp one of the most reliable instant loan providers in the market.

Instant Personal Loan Interest Rates 9.99%* p.a. onwards
Instant Loan Amount ₹1 Lakh to ₹30 Lakh
Instant Loan Processing Fees Up to 2% plus applicable taxes
Lowest Instant Loan EMI Starting from ₹2,124* per Lakh for 60 months
Instant Loan Tenure 12-60 months
Foreclosure/Pre-Payment 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

To apply for an instant loan in India, you just have to fulfill our minimum eligibility criteria. Below are the eligibility criteria for a low-interest instant loan from Poonawalla Fincorp.

Age Requirement


Min 22 years and Max 57 years

Citizenship Status



Employment Required


Employee of the Central Govt

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Work experience

Min 1 months and Max 1 year

Monthly Salary Required

Monthly Income

At least ₹30,000

  • Age : - The applicant is required to be a minimum of 22 years old at the time of loan origin and a maximum of 57 years old at the tie
  • Citizenship : - The applicant should be an Indian citizen
  • Employment : - The applicant needs to be an employee of the Central Govt., PSU, MNC, Listed, Unlisted Public Ltd, Pvt Ltd, LLP or companies which are listed internally
  • Work Experience : - The applicant should be in current employment for a minimum of 1 months and is required to have a minimum work experience of 1 year
  • Monthly Income : - The applicant should have a monthly income of a minimum ₹30,000

You can get a quick loan from Poonawalla Fincorp through our online loan application process . Our digital application process only requires you to submit soft copies of minimal documentation. Here is the list of documents required for instant loan approval.

  • KYC Documents

    KYC documents

  • Income Proof

    Current address proof

  • Proof of Employment

    Financial documents

  • Address Proof

    Income documents

  • Address Proof

    Employment proof

  • KYC documents : - Aadhaar card/ PAN card
  • Current address proof : - Passport/ Utility bills/ rent agreement
  • Income documents : - Latest salary slips
  • Financial documents : - Salary bank statement for the last 6 months
  • Employment proof : - Official email ID confirmation or EMP ID card (in case the email is not available)

Our instant Personal Loans come with exciting features and benefits to make your borrowing journey hassle-free. Here are some of the features and benefits of our instant loan.

  • Minimal documentation

    Minimal documentation

  • Online application process

    Online application process

  • Collateral-free quick loans

    Collateral-free quick loans

  • No end-use restrictions

    No end-use restrictions

  • No hidden charges

    No hidden charges

  • No penalties on foreclosure and prepayment

    No penalties on foreclosure and prepayment

  • Instant disbursal

    Instant disbursal

  • Attractive interest rates

    Attractive interest rates

Our online instant loan application process makes it easier to apply for instant loans. You just have to follow these simple steps to apply for an instant Personal Loan online.

Step 1: Visit our official website
Step 2: Go to the dedicated page for ‘Personal Loan’
Step 3: Read the eligibility criteria and documents required
Step 4: Click on ‘Apply Now’
Step 5: Fill out the online application
Step 6: Await verification and confirmation
Step 7: Get the instant loan disbursed into your account instantly

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Apply Online

Click on Apply Now and fill in the complete application.

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Quick approvals

Personal Details

Enter your DOB, qualification and residential details

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Application Verification


Application will then proceed for verification and assessment

How to get instant loan approval?

To get instant loan approval, you must fulfill the personal loan eligibility criteria. Once you fulfill the criteria, our customer service executive will call you regarding your loan approval. Given the growing competition, getting an instant loan in India is becoming easier by the day. Poonawalla Fincorp has taken this a step ahead and simplified all processes for its customers.

How can I get an instant loan for personal use immediately?

Our online instant loan application process is fast and seamless; hence you will get approval for your loan application almost instantly.

What is the minimum and maximum instant loan amount I can take?

Poonawalla Fincorp’s Personal Loan amount starts from ₹1 Lakh, and the highest loan amount is ₹30 Lakh.

How can I increase the chances of my instant loan approval?

Ensure that you fulfill the eligibility criteria and have all the necessary documents required for Personal Loan to get approval on your instant loan.

Can I pre-close the instant loan before the completion of the loan repayment period?

Yes, you can pre-close your Personal Loan before the loan tenure ends. We don’t levy any charges or fees on part-payment or foreclosure of Personal Loans.

Can I Get An Instant Loan Without Documents?

No. You are required to submit supporting documents such as KYC documents, income proof, current address proof, and others.

How To Calculate EMI For Instant Loan?

You can use our online EMI calculator to calculate your instant Personal Loan EMI amount. The tool is easy to use and is available on our website.

Why Should I Use Poonawalla Fincorp For Instant Personal Loans?

Our instant Personal Loans come with exciting features and benefits. These loans are unsecured and are available at competitive interest rates. You can apply for an instant Personal Loan online through our online application process. As our Personal Loans come with no restrictions on end usage, you can use them for a variety of your funding needs. Given the competitive market scenario, several lenders offer instant online loans in India. However, Poonawalla Fincorp’s unique product features set it apart from the rest.

*T&C Apply

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