personal loan in bangalore

Personal Loan in Bangalore

Loan up to 30 Lakhs | Attractive Interest Rates | Quick Approval

Avail Unsecured Personal Loan in Bangalore

Bangalore (Bengaluru), also known as the Silicon Valley of India, is the largest city and capital of Karnataka. The beautiful city is known for its landscapes, eateries, and nightlife. Its contribution as a leading IT exporter to the world is commendable. Residents of Bangalore (Bengaluru) city can now avail of an instant Personal Loan in Bangalore (Bengaluru) by applying online.

Poonawalla Fincorp has established 2 branches in the city. We offer easy and multi-purpose unsecured Personal Loans in Bangalore (Bengaluru) that can help fulfil all your monetary needs. We provide unsecured loans in Bangalore (Bengaluru) up to ₹30 Lakh with competitive interest rates and benefits like a flexible repayment tenure, relaxed eligibility criteria, and minimal documentation requirements.

Explore Different Types of Personal Loans in Bangalore (Bengaluru)

Even professionals like doctors and CAs might need unsecured loans in Bangalore (Bengaluru) to fulfil their personal or business needs. Poonawalla Fincorp offers customized Personal Loans for Chartered Accountants, CS, Salaried employees, Government employees, and Doctors. Loan amounts of up to ₹30 Lakh can be availed and repaid in a tenure of up to 60 months for personal need.


If individuals must fulfil their dreams, it is necessary to create an enabling environment. In the case of any loans, it makes sense for an individual if they manage to get a loan at a low interest rate. This would ensure that they aren’t burdened by a huge EMI outgo. Hence, Poonawalla Fincorp has decided to offer the most attractive Personal Loan interest rate in Bangalore. A brief analysis around interest rates would reveal that the rate we offer is among the most competitive in the market. This makes our Personal Loan offering one of the best Personal Loans in Bangalore.

Personal Loan Interest Rates 9.99%* p.a. onwards
Loan Amount ₹1 Lakh to ₹30 Lakh
Loan Processing Fees Up to 2% plus applicable taxes
Lowest EMI per month Starting from ₹2,124* per Lakh for 60 months
Loan Tenure 12 – 60 months
Prepayment/Foreclosure Charges 0%* If paid from own sources & 4% If paid from other sources
Default Interest 3% per month
Repayment Instrument Dishonor Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges

The eligibility criteria must be flexible for a loan to be effortless for the borrower. We take utmost care to save the applicant’s time at every step of the loan application, approval, and disbursal process. Hence, for providing an instant Personal Loan in Bangalore, Poonawalla Fincorp asks for only some basic eligibility criteria such as:

Personal Loan Eligibility Criteria

Age Requirement


not less than 22 years and not more than 57 years

Citizenship Status


Mandatory Indian

Work Experience Required

Work Experience

One-year work experience with 1 months at the current employer

Monthly Salary Required

Monthly Salary

Minimum ₹30,000

  • Age (Min 22 years and Max 57 years)
  • Citizenship (Indian only)
  • Employment (full-time with companies of various types)
  • Work Experience (Total at least 1 yr with Min 1 months at current place)
  • Monthly Income (Min ₹30,000)

To get an immediate Personal Loan in Bangalore with Poonawalla Fincorp, you need to simply have the following documents:

  • KYC Documents

    PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport for KYC

  • Income Proof

    Your Latest salary slips for the last 3 months

  • Financial Documents

    A 3-month statement of the bank account where your salary gets deposited

  • Address Proof

    Passport/ Utility bills/ Rent Agreement as current address proof

  • Proof of Employment

    Employment proof in the form of your official mail ID confirmation or your company Identification Card

With this minimal documentation, you can avail of an instant Personal Loan in Bangalore. Just keep these documents ready and get ready to fulfil your dreams!

  • Collateral-free Loan

    Collateral-free Loan

  • Minimum Documents Required

    Minimum Documents Required

  • Quick Sanctions & Disbursals

    Quick Sanctions & Disbursals

  • Competitive Interest Rates

    Competitive Interest Rates

  • Transparency about Charges

    Transparency about Charges

  • Flexible Repayment Tenures

    Flexible Repayment Tenures

  • Collateral-free Loan - You can borrow money without having to mortgage your assets. Our unsecured Personal Loans can fulfil your financial requirements.
  • Minimum Documents Required - No more excessive paperwork and submission of endless documents for availing a loan! You can check the documents required for a Personal Loan in Bengaluru and even avail of a Personal Loan online in just a few easy 5 simple steps.
  • Quick Sanctions & Disbursals - Our loan application process is kept simple from start to end. We have basic loan eligibility criteria and minimum documents requirement that enables us to approve and disburse loans in real quick time.
  • Competitive Interest Rates - Our Personal Loan interest rates are low, and we levy a nominal one-time processing fee. So, you can easily manage affordable EMIs due to low-interest rates.
  • Transparency about Charges - When you avail of a Personal Loan with Poonawalla Fincorp, you are informed about every little charge involved from the start itself. There will be no hidden charges! One benefit of our Personal Loan is that we don’t levy foreclosure/pre-payment charges* even if you repay the loan in advance.
  • Flexible Repayment Tenures - With Poonawalla Fincorp, you can comfortably repay your loan in a tenure of up to 60 months. A longer tenure means a lower EMI, and similarly shorter tenure means higher EMI but lower interests.
  • Medical Emergencies

    Medical Emergencies

  • Home/Business Expansions

    Home/Business Expansions

  • Personal Expenses

    Personal Expenses

  • Consolidating Debt

    Consolidating Debt

  • Medical Emergencies - During medical emergencies, you may suddenly need extra funds. Poonawalla Fincorp Personal Loans can be availed with minimal documentation and quick approvals.
  • Home/Business Expansions - Your home might need a makeover, or your business might need an expansion. A critical feature of our Personal Loans is that there is no limit on how you use the amount; hence it can be used for any of your requirements.
  • Personal Expenses - Be it funding for a wedding, a child’s education fees, travel, or expense of overseas tuition fee, our Personal Loans can be helpful to fund such costs. You can get an unsecured loan of up to ₹30 Lakhs with a repayment tenure of up to 60 months.
  • Consolidating Debt - Handling multiple loan accounts with varied interest rates can be difficult. You can consolidate it by availing of a single loan that pays off the multiple loans. Hence, you can comfortably pay and track your expenses with a single EMI.
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Personal Details

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How To Get A Personal Loan In Bangalore?

Getting a Personal Loan in Bangalore from Poonawalla Fincorp is very easy. Just a few steps will do the job for you!

So, you need not visit our branch or wait endlessly for approvals. If you have all documents ready and fulfil our eligibility criteria, the loan will be yours in a quick time!

If you need further help, find one of our branches near you!

Poonawalla Fincorp Limited
Address: Ground Floor, Phoenix Citadel, Castle Street, Richmond Town,Bangalore-560025, Karnataka
Address: 2nd Floor, HM J.C.Road, 36 J.C.Road, Near Minerva Circle, Bangalore-560 002, Karnataka
Contact Number: 1800 266 0009
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

Adding on a loan liability is a difficult financial decision, but you might need to take a loan for an unplanned circumstance. We at Poonawalla Fincorp promise to make the whole loan application and sanction process comfortable for you. With our user friendly website, you may check the needed documents and eligibility criteria and use our free Personal Loan EMI Calculator beforehand.

*Terms & Conditions Apply

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