Loan Amount
Up to ₹50 Lakh
Interest Rate
Starting at 9.99%* p.a.
Loan Tenure
12-84 Months

Get Personal Loan Online

Financial emergencies can arise at any time, creating the need for quick access to funds. Poonawalla Fincorp offers Personal Loan of up to ₹50 Lakh at competitive interest rates starting from 9.99% p.a. This is along with fast approval and an easy application process.
Our online Personal Loan provides instant financial support for various needs. This can include medical emergencies, wedding expenses, education costs, or debt consolidation, without requiring any collateral.

Personal Loan EMI Calculator

Our Personal Loan EMI Calculator helps you to make plans for easy payments each month. You need to just enter the loan amount, interest rate, and the repayment tenure to immediately compute fixed monthly instalments. 

Optimise Your Personal Loan Experience
With Monthly Budget Planning
Monthly Payable Amount₹8,791
Principal Amount
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
9.99 %
30 %

Tenure

Months
12 Months
84 Months

Plan your repayments with out Personal Loan EMI Calculator

Why Choose Poonawalla Fincorp

Quick Loan Icon
Quick Approval
Minimum Documents Icon
Minimal Documentation
Zero Hidden Charges Icon
No Hidden Charges
Collateral Free Icon
Collateral-freeLoan
No User Charges Icon
No End-use Restrictions
Min Interest Rate Charges Icon
Competitive Interest Rate
Click to know more about Personal Loan Features and Benefits.

Apply for a Personal Loan Online in Just 3 Steps

Step1

Click on “Apply Now”

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

Step1

Enter Details

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

Step1

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

To successfully apply for a Personal Loan, applicants will need to provide their basic details such as registration information, bank details, and identity documents like PAN and Aadhaar, along with the following documents:

KYC Documents PAN Card, Aadhaar Card, Driving License, Voter ID, Passport.
Address Proof Passport, Utility Bills, Rent Agreement.
Income Proof Salary slips for the last 1 month.
Financial Proof Bank statement for the last 3 months.
Employment Proof Office email/ Office ID card (in case the office email ID is not confirmed).

Learn more about documents required for a Personal Loan

Personal loans are flexible and come with no end-use restrictions, making them suitable for a wide range of needs:

  • Medical Emergency: Cover unexpected medical expenses such as surgeries, treatments, or hospitalisation with quick access to funds.

  • Education Expenses: Finance higher education, professional courses, or overseas studies for yourself or a family member.

  • Wedding Expenses: Manage wedding-related costs, including the venue, catering, decorations, and ceremonies.

  • Home Renovation: Renovate your home with repairs, interior design, modernisation, or expansion.

  • Debt Consolidation: Combine multiple debts, including credit card bills, into a single loan with a manageable repayment plan.

  • Travel: Plan domestic or international holidays, honeymoons, or family trips without draining your savings.

  • Shopping: Purchase high-value items such as electronics, furniture, appliances, or other essentials during festive seasons.

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

Explore Different Types of Personal Loans As Per Salary

Explore Different Types of Personal Loans As Per Amount

Explore Different Types of Personal Loans for Various Purposes

Explore Loan & Calculators

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

A Personal Loan is offered by lending institutions to help borrowers meet any urgent financial need or fulfil their aspirations. It is unsecured, meaning the borrowers do not pledge collateral. Also, a Personal Loan does not come with end-usage restrictions. Borrowers can use this loan to address any immediate requirements.

Apply for a Personal Loan from Poonawalla Fincorp in just 3 steps:

  • Step 1: Click on ‘Apply Now’.
  • Step 2: Enter your personal details.
  • Step 3: Upload the required documents.

A Personal Loan is a collateral-free loan, and it is used for:

- Medical emergencies

- Home renovation

- Wedding

- Higher education

- Vacation

In other words, a Personal Loan is used to fulfil any urgent financial requirement.

In other words, a Personal Loan is used to fulfil any urgent financial requirement.

The documentation requirements for a Personal Loan from Poonawalla Fincorp are:

- KYC Documents - PAN card, Aadhaar card, Driving license, Voter ID, Passport.

- Address Proof - Passport, Utility bills, Rent agreement.

- Income Proof - Salary slips for the last 3 months.

- Financial Proof - Bank statement for the last 3 months.

- Employment Proof - Office email, Office ID card (in case office email ID is not confirmed).

The minimum credit score required for availing of a Loan for personal usage from Poonawalla Fincorp is 750.

Poonawalla Fincorp is one of the largest and fastest-growing Non-Banking Financial Services Companies with a rich legacy of trust, transparency, and a customer-first approach. Here are a few benefits and features of a Personal Loan from Poonawalla Fincorp:

  • High loan amount: Get up to ₹50 Lakh.
  • Complete transparency: No hidden charges.
  • Hassle-free application: Digital process with minimal documentation.
  • Quick approval and disbursal: No need to wait for days to get the loan.
  • Competitive interest rates: Personal Loan interest rates start at 9.99% p.a.
  • Flexible EMIs: With a loan tenure of 12-84 months, choose your EMIs at your convenience.
  • No foreclosure charges: Prepay the Personal Loan without paying any charges.

To qualify for a Personal Loan, you must be an Indian citizen aged between 21 and 60 years, have at 1 year of work experience, be employed in a stable job, and earn a minimum monthly income of ₹30,000.

Personal Loan repayment tenure ranges from 12 to 84 months, allowing you to choose a tenure that fits your financial plans and monthly budget.

Poonawalla Fincorp offers personal use loans at competitive interest rates with minimal documentation, quick approval, and flexible repayment tenure, ensuring a hassle-free and convenient borrowing experience.

A CIBIL score of 750 or above is preferred by lenders for Personal Loan approval. However, having a good repayment history and stable income can further strengthen your application.

Personal loan interest rate is calculated based on the principal amount, interest rate, and tenure. Lenders generally use the reducing balance method, meaning the interest is charged only on the outstanding principal amount.

With Poonawalla Fincorp, Personal Loan approvals are quick after submitting the required documents, meeting the loan eligibility criteria, and successful verification.