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 3 months.
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

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.

Yes, a Personal Loan can be used for a variety of purposes, including medical emergencies, education, travel, weddings, home renovation and debt consolidation. The flexibility of Personal Loan uses can help manage different financial needs and support overall personal finance goals.

Personal Loan prepayment can help reduce the total interest payable by lowering the outstanding balance of the loan. However, applicable prepayment or foreclosure charges may apply as per the lender's policy. 

Personal Loan tenure depends on your repayment capacity. A shorter tenure may reduce overall interest costs, while a longer tenure can lower monthly instalments. Before applying, compare the available tenure options to choose a suitable repayment period.

The personal loan amount you can borrow can go up to ₹50 Lakh, but the exact sum depends on your eligibility, income, and creditworthiness, as well as lender policies.

Most lenders prefer a credit score of 700 or above for faster approval, though eligibility may vary based on income, employment, and other factors. Lenders also consider your credit history and overall credit worthiness when evaluating your application, as these demonstrate your repayment behavior and help assess the risk involved in sanctioning the personal loan.

The applicants who have a low credit score might have issues; however, some lenders consider monthly income, repayment history and employment stability.

The processing fee is up to 3% of the loan amount, plus applicable taxes, as per the lender’s policy.

Instant loan disbursement to your bank account in a matter of hours, with complete documentation in case of successful verification and validation.

Eligibility for self-employed applicants depends on the lender’s policies. Some lenders offer personal loans to self-employed individuals, subject to income and business stability checks.

Balance transfer is the transfer of your existing loan to another lender that is providing low-interest personal loans. By transferring your outstanding loan balance, you can benefit from reduced total interest payable and potentially better repayment terms.

Poonawalla Fincorp offers hassle-free personal loans with interest rates starting from 9.99% p.a. and repayment tenures of up to 84 months, subject to eligibility.

Yes, the Personal Loan EMI calculator can estimate monthly instalments which are fixed and depend on the loan amount, interest and the tenure of the loan.

Yes, you can prepay or foreclose your Personal Loan early, subject to applicable charges and the terms mentioned in your loan agreement. Prepayment or foreclosure can be done on the outstanding principal amount, as per the lender's policies.

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