Personal loan in Amritsar @9.99%* Rate

Home to the magnificent Golden Temple, Amritsar is a major transportation hub and a tourist destination. Whether you are a resident or a tourist, you can meet any financial requirement with a hassle-free Personal Loan from Poonawalla Fincorp.

Get up to ₹30 Lakh with minimal documentation, attractive interest rates, and zero hidden charges. Apply now!

Personal Loan EMI Calculator

Use a Personal Loan EMI calculator to plan your loan repayments. Enter the loan amount, interest rate and tenure and hit ‘Calculate’. The EMI amount will be displayed instantly.

Loan Amount

1,00,000 30,00,000

Interest Rate %

9.9% 30%

Tenure

1 Year 5 Years

Calculate

EMI Amount = *

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Personal Loan Interest Rates in Amritsar

The table below shows the Personal Loan interest rates in Amritsar, along with other charges:

Rate of Interest	9.99% p.a. onwards
Loan Amount	₹1 Lakh to ₹30 Lakhs
Loan Processing Fees	Up to 2% + applicable taxes
Lowest EMI per month	Starting from ₹2,124/ Lakh for 60 months
Loan Tenure	12 months to 60 months
Foreclosure or Prepayment Charges	0%* if paid from own sources & 4% if paid from other sources
Default Interest	2% per month.
Cheque Bounce Charges	₹500 per bounce + applicable taxes
Stamp Duty	At actuals (as per state)
Hidden Charges	Nil

Eligibility Criteria for a Personal Loan in Amritsar

Meet the following eligibility criteria to get a Personal Loan in Amritsar:

Age

Citizenship

Monthly Income

Work Experience

Employment

Age: Between 22 to 57 years.
Citizenship: The applicant must be an Indian citizen.
Monthly Income: Net monthly income of ₹30,000.
Work Experience: At least 1 year of work experience in the current job.
Employment: Full-time job at the state or central government or in any company (listed or unlisted).

Documents Required to Apply for a Personal Loan in Amritsar

Here are the documents required for Personal Loan in Amritsar:

KYC Documents: PAN Card, Passport, Driving License, Aadhaar Card, Voter ID.
Income Proof: Salary slips for the last three months.
Residence Proof: Passport, rent agreement, or utility bills.
Employment Proof: Official mail ID or Office ID card.
Financial Documents: Bank account statement for the last 3 months.

Features and Benefits of a Personal Loan in Amritsar

Here are the features and benefits of a Personal Loan from Poonawalla Fincorp:

Instant Disbursal
Minimal Documentation
Zero hidden charges
Collateral-free

Flexible EMIs
No End Usage Restriction
Easy Application

Instant Disbursal: Get the loan credited to your bank account after verification.
Minimal Documentation: Provide KYC documents, address proof, employment proof and income proof.
Zero Hidden Charges: All fees and charges are disclosed at the time of application.
Collateral-free: No need to pledge collateral to get a Personal Loan.
Flexible EMIs: Repay the loan at your convenience with a loan tenure of up to 60 months.
No End Usage Restriction: Use the loan to meet any financial requirement.
Easy Application: Hit the ‘Apply Now’ button to get a Personal Loan!