Avail Personal Loan with Quick Approval
Located in the southern Indian state of Tamil Nadu, Coimbatore is known as the "Manchester of South India" due to its textile and manufacturing industries. The city is surrounded by the Western Ghats Mountain range and has a pleasant climate throughout the year. It is also home to several educational institutions, including the Tamil Nadu Agricultural University and Anna University. The city has a rich cultural heritage and is known for its traditional cuisine, which includes South Indian delicacies.
Poonawalla Fincorp offers loans for personal use to individuals who meet our simple eligibility criteria. Some of the features of our Personal Loan in Coimbatore include:
- Maximum loan amount of up to ₹50 Lakh
- Flexible repayment tenure
- Quick disbursal post-documentation process
- Minimum documentation for hassle-free application
- Competitive interest rates
Check Monthly EMI Amount For Personal Loan In Coimbatore
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Interest Rates and Charges for Personal Loan
If you are looking for a Personal Loan, look no further, as we offer one of the most competitive interest rates in the market. The table below shows the interest rates and charges:
| Interest Rate | Starting from 9.99%*p.a. |
| Loan Amount | ₹1 Lakh to ₹50 Lakh |
| Loan Processing | Up to 3% |
| Lowest EMI Per Month* | Starting from ₹2,124*/Lakh for 60 months |
| Loan Tenure | 12-84 months |
| Pre-Payment/Foreclosure Charges | 0%* If paid from own sources & 4% If paid from other sources |
| Default Charges | 24% per annum |
| Repayment Instrument Dishonour Charges | ₹500 per bounce plus applicable taxes |
| Stamp Duty | At actuals (as per state) |
| No Other Hidden Charges | |
Note: Default Charges: Penalty will be charged for non payment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.
Features and Benefits of Having a Personal Loan
Here are some of the features and benefits of our loan:
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Unsecured Loan
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Flexible Repayment
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High Loan Amount
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Quick Processing
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No Restriction on Usage
Unsecured Loan
Loans for personal use are unsecured loans, which means that you do not need to provide any collateral to avail of them.
Quick Processing
Loans for personal needs can be processed quickly. We offer instant approval and disbursal.
Flexible Repayment
The loan comes with flexible repayment options. With Poonawalla Fincorp, you can choose your tenure and EMI amount.
No Restriction on Usage
These loans can be used for a variety of purposes, including home renovation, medical expenses, education fees, and so on.
High Loan Amount
Can be availed for a high amount, depending on your income, credit score, and other factors.
Some Additional Benefits of a Personal Loan Include:
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Easy Access to Funds
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Minimal Documentation
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No Collateral Required
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Low-Interest Rates
Easy Access to Funds
Personal loans can provide you with easy access to funds when you need them the most.
No Collateral Required
Loans for personal use do not require any collateral, which means that you do not need to pledge any assets to avail yourself of the loan.
Minimal Documentation
Personal loans require minimal documentation, making the application process quick and hassle-free.
Low-Interest Rates
Loans for personal use come with competitive interest rates, which means that you can save money on interest payments.
Overall, our loan is a convenient and flexible option for individuals who need funds for various purposes. We offer personal loans for salaried and government employees and self-employed individuals. If you are a working professional such as a Chartered Accountant (CA), Company Secretary (CS), or doctor, you are also eligible for a Personal Loan. We also offer loans for weddings, travel, home renovation, and medical emergencies, along with short-term loans.
Types of Personal Loans
There are various types of loans available:
Unsecured Loans
These loans do not require you to pledge any collateral and are based solely on the applicant’s creditworthiness and repayment capacity.
Debt Consolidation Loans
These loans are used to consolidate multiple debts into a single loan with a lower interest rate, making it easier for borrowers to manage their finances.
Wedding Loans
These loans are used to cover the expenses associated with weddings, such as venue rental, catering, and decorations.
Medical Loans
These loans are used to cover medical expenses, such as hospital bills, surgeries, and treatments.
Travel Loans
These loans are used to cover the expenses associated with travel, such as airfare, accommodation, and transportation.
It's important to compare interest rates, terms and conditions, and other fees associated with different loan options before choosing one that suits your needs and financial situation.
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Branch Address:
Poonawalla Fincorp Limited
Address : 6th Floor, Classic Towers, Trichy Road, Coimbatore, Tamil Nadu-641018.
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
