personal loan in bhopal

Personal Loan in Bhopal

Starting @ 9.99%* p.a.

Minimal Documentation | Attractive Interest Rates | Quick Loan Approval

Bhopal is the capital city of the Indian state of Madhya Pradesh. It is known for its rich history, beautiful lakes, and vibrant culture. The city was founded in the 11th century by King Bhoja and has since been ruled by various dynasties, including the Mughals and the British.

Bhopal has undergone significant development in recent years and is now a major centre for education, industry, and tourism in central India. Its diverse population and unique blend of traditional and modern culture make it a fascinating destination for travellers and an important hub for commerce.

Poonawalla Fincorp offers unsecured Personal Loans to salaried and self-employed individuals at attractive interest rates. Personal Loans in Bhopal can be a great choice for those who are looking for financial assistance for various purposes. With Poonawalla Fincorp’s Personal Loan in Bhopal, you can benefit from:

  • High loan amount of up to ₹30 Lakh
  • Minimal documentation requirement
  • Competitive interest rates
  • No hidden charges
  • Collateral-free loans
  • Hassle-free online application process
  • Quick disbursal
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If you are looking for collateral-free loans, you can apply for Poonawalla Fincorp’s Personal Loans. Our Personal Loans in Bhopal come with attractive rates of interest and zero hidden charges. The table below shows the interest rates and charges associated with Poonawalla Fincorp’s Personal Loan in Bhopal.

Interest Rate Starting from 9.99%*p.a.
Loan Amount ₹1 Lakh to ₹30 Lakh
Loan Processing Up to 2% plus applicable taxes
Lowest EMI Per Month* Starting from ₹2,124* per Lakh for 60 months
Loan Tenure 12-60 months
Pre-Payment/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 charges
Stamp Duty At actuals (as per state)
No Other Hidden Charges

Personal Loans are a popular form of credit that can be used for a variety of purposes, including debt consolidation, home renovation, medical expenses, and more. In Bhopal, Poonawalla Fincorp offers Personal Loans to salaried and self-employed individuals. Here are some of the common features and benefits of personal loans in Bhopal:

  • Easy To Apply Logo

    Flexible loan amount

  • Minimal Documentation Logo

    Minimal documentation

  • Competitive Interest Rate Logo

    Competitive interest rates

  • No Restriction On Usage Logo

    Quick disbursal

  • No Collateral Required Logo

    No collateral required

  • Easy Access To Funds Logo

    Repayment flexibility

Flexible loan amount

Personal Loans in Bhopal can range from ₹1 Lakh to ₹30 Lakh, depending on the borrower's requirement, income, and credit score.

Minimal documentation

Compared to other types of loans, Personal Loans require minimal documentation, making the application process quick and hassle-free.

Competitive interest rates

Poonawalla Fincorp offers one of the most competitive interest rates in the market, making the borrowing journey easier for customers.

Quick disbursal

Personal Loans in Bhopal are usually disbursed within a short time from getting approval, making them a convenient option for those in need of urgent funds.

No collateral required

Unlike secured loans, Personal Loans in Bhopal do not require any collateral, making them accessible to a wider range of borrowers.

Repayment flexibility

Personal Loans in Bhopal come with flexible repayment options, including tenures ranging from 12 months to 60 months, and the option to prepay or foreclose the loan without any penalty.

Poonawalla Fincorp offers Personal Loans to salaried individuals and self-employed individuals at a competitive rate of interest. The eligibility criteria for Personal Loans in Bhopal are mentioned below:

  • Minimum age: 22 years
  • Maximum age: 57 years
  • Minimum net monthly income: ₹30,000
  • Citizenship: Indian

Debt Consolidation Loans

These loans are taken to consolidate multiple debts into a single loan, making it easier for the borrower to manage their repayments.

Medical Emergency Loans

These loans are taken to meet medical expenses such as hospitalization, surgery, or any other medical treatment.

Home Renovation Loans

Personal Loans in Bhopal can be used for home renovation or repairs.

Travel Loans

These loans are taken to fund travel expenses such as flight tickets, hotel accommodations, and other travel-related expenses.

Education Loans

These loans are taken to fund higher education expenses such as tuition fees, books, accommodation, and other related expenses.

In summary, Personal Loans in Bhopal offer borrowers a range of features and benefits, including flexibility in loan amounts, minimal documentation, competitive interest rates, quick disbursal, no collateral requirement, and repayment flexibility. However, before applying for a Personal Loan, borrowers should carefully consider their financial situation and assess their ability to repay the loan on time to avoid any negative consequences.

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Poonawalla Fincorp Limited

Address : "Mahaveer Avenue", 1st Floor, Plot No.2, R-2, Zone-01, Maharana Pratap Nagar, Bhopal- 462011, Madhya Pradesh
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6:30 pm (First, second & third Saturdays and all Sundays will be weekly off.)

*Terms & Conditions Apply

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