personal loan in chennai

Personal Loan in Chennai

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

Finance every need with an affordable personal loan

Chennai, formerly known as Madras and the Gateway to South India, is a major administrative and cultural centre. This city has so much to offer in terms of research institutes, beaches, colleges, theatres, and much more. It is one of the fastest growing and most developing cities in India. Moreover, the city has been rated as one of the safest cities, and it stands out for its hospitality.

Our multi-purpose loan is customized to meet your personal needs, whether for an emergency, education, vacation, wedding, or any other financial need in the family. Enjoy the best Personal Loan in Chennai with low interest rate and attractive benefits like flexible tenure, a minimal documentation process, and zero* foreclosure charges.

We offer easy and multi-purpose personal unsecured loans in Chennai that can help fulfil all your monetary needs. We provide unsecured loans in Chennai of up to ₹30 Lakh with the lowest Personal Loan interest rate and benefits like a flexible repayment tenure, easy eligibility criteria, and minimum document requirements.


Chennai has the second-largest container port in India. Hence, business, trade, and commerce flourish greatly in this city. A bustling metropolis with a growing population and increasing income levels demands easy credit. This is precisely what Poonawalla Fincorp aims to offer. Our easy Personal Loan in Chennai is tailor-made and designed in a way that suits your budget and fits your pocket. Hence, our instant Personal Loans in Chennai have the lowest interest rates. This is to ensure that achieving your goals and fulfilling your dreams becomes stress-free and hassle-free.

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 2% per month
Repayment Instrument Dishonor Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges

Having easy eligibility criteria ensures that you can easily get Personal Loan finance in Chennai. You simply need to fulfil the following criteria:

Personal Loan Eligibility Criteria

Age Requirement


between 22 and 57 years

Citizenship Status



Work Experience Required

Work Experience

At least 1 year and employment of at least 1 months with the current employer

Monthly Salary Required

Monthly Salary

should be at least ₹30,000

  • Make sure that you are at least 22 years of age at the time of applying for the loan and not more than 57 years of age.
  • You mandatorily need to be an Indian citizen.
  • You must be employed full-time with a reputed company
  • You must have an overall work experience of at least one year and must be working at the current place for at least the past one months
  • Monthly salary should be at least ₹30,000

At Poonawalla Fincorp, we try to keep the documentation requirement as simple as possible. Burdening a loan applicant with unnecessary documentation requirements adds to the stress of a loan application. Hence, we ask for only a few important documents. Once you furnish these documents, our representative will verify these documents and upon successful verification, you will get the loan disbursed to your account. The list of documents required for getting a Personal Loan from Poonawalla Fincorp is as follows:

  • KYC Documents

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

  • Income Proof

    Income document in the form of the latest salary slip

  • Financial Documents

    Bank statement of salary account for the past 3 months

  • Address Proof

    Address Proof -- Passport/ Utility bills/ Rent Agreement

  • Proof of Employment

    Proof of employment in the form of Employee ID Card

  • Higher Personal Loan amount Logo

    Higher Loan amount of up to ₹30 Lakh

  • Low interest rates Logo

    Competitive Personal Loan interest rates in Chennai

  • Eligible 22-57 years Logo

    Eligible for customers between 22-57 years

  • Minimal documentation Logo

    Transparent loans with no hidden charges

  • Minimal documentation Logo

    Flexible repayment tenure

  • Minimal documentation Logo

    Minimal documentation process

  • No hidden charges Logo

    No foreclosure or pre-payment charges*

  • Flexible tenure Logo

    Quick approval and easy disbursal

  • Quick approval Logo

    Easy and hassle-free process

  • Higher loan amounts up to ₹30 Lakh - With our online Personal Loan in Chennai, you can opt for a Personal Loan and apply online to fund your every need without any compromises. Access the lowest Personal Loan interest rate in Chennai for loan up to ₹30 Lakh based on your profile and meet both small and big-ticket obligations.
  • Competitive Personal Loan interest rates in Chennai – Our Personal Loan interest rates in Chennai are low and we also levy a nominal one-time processing fee. You can easily manage affordable EMIs due to low-interest rates. This is our unique offering which makes us the best Personal Loan provider in Chennai with low interest.
  • Eligible for customers between 22-57 years - Age should be a minimum of 22 years at the time of loan application and a maximum of 57 years.
  • Transparent loans with no hidden charges - There’s nothing hidden in our fine print, and all loan conditions are presented transparently. This loan has no additional charges, and you only pay what is communicated.
  • Flexible repayment tenure - Paying back your loan should be a comfortable experience with the flexibility in choosing your loan tenure, and you can experience this convenience with our Personal Loan in Chennai. Choose a tenure as per your comfortless of loan repayment and it can range up to 60 months.
  • Minimal documentation process - Since a Personal Loan is an unsecured loan with no collateral, it requires minimal documentation. This makes the documentation process for a Personal Loan relatively simple, which is why these loans are approved and disbursed quickly. Lengthy and complex eligibility and documentation criteria can make availing of a loan quite stressful. Through it’s easy process with Poonawalla Fincorp, you don’t have to worry about documentation and can focus on the utilization of money for personal needs through Personal Loans in Chennai.
  • No foreclosure or pre-payment charges* - One of the most important features of Personal Loans is that you can enjoy interest savings by diverting any disposable income you may have toward loan prepayments. To make things better, there are no prepayment or foreclosure charges at all.
  • Quick approval and easy disbursal - Loan processing can be taxing and time-consuming, but we promise an uncomplicated experience. Thanks to our minimal Personal Loan eligibility criteria, you can avail of quick loans when you need funds. We approve applications instantly and disburse your approved sanction in quick time.
  • Easy and hassle-free process - We at Poonawalla Fincorp leverage online loan application process to minimize the effort needed to get an instant Personal Loan. Apply online for our loan offering in a few easy steps through the user-friendly portal! Use the link --

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

Avail Poonawalla Fincorp Personal Loan in Chennai for Various Purposes

Medical Emergencies - During medical emergencies, you may need extra funds to handle the hospital expenditure. Poonawalla Fincorp’s Personal Loans can be availed with minimal documentation and quick approvals for this purpose.

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 the expense of a medical emergency, our Personal Loan can be helpful to fund all such costs. You can get an unsecured loan of up to ₹30 Lakh 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.

Semi Circle Logo
Laptop Logo

Apply Online

Click on ‘Apply Now’ and complete the application form

Semi Circle Logo
Quick approvals

Personal Details

Enter your DOB, qualification, and residential details

Semi Circle Logo
Application Verification


Submit and upload all details for verification and assessment

How to Get a Personal Loan in Chennai?

Applying for a Personal Loan in Chennai is an extremely easy process with just a few steps to follow:

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: 2nd Floor,The Oval Tower, Venkatanarayana Road, T.Nagar, Chennai Tamil Nadu-600017
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

*Terms & Conditions Apply

Explore Types of our Personal Loan Arrow Logo

Insightful Personal Loan Blogs Arrow Logo

Perosnal Loan in Chennai
5 Things You Should Know to Get a Personal Loan in Chennai

The capital city of Tamil Nadu, with an exquisite mix of old-world charm and modern city life, Chennai is colloquially known as "the cultural capital of South India”.

personal loan for investing
Personal Loans in Metros v/s Non-metro Cities: Differences & Benefits

Investing money is one of the tenets of a prudent, well-charted financial plan. Consistently earmarking a portion of your funds towards good investments

Contact Us logo Quick Apply CIBIL Score logo Free CIBIL Whatsapp logo Connect on WhatsApp