personal loan in kolkata

Personal Loan in Kolkata

Starting @ 9.99%* p.a.

Collateral-free | Minimal Documentation | Attractive Interest Rates

Kolkata is a bustling city, famous for its street food, sweets, and the famous Howrah Bridge. It is a city of contrasts, with its bustling streets, crowded markets, and tranquil parks. Its people are known for their warmth, hospitality, and love of culture.

If you're a resident of Kolkata and in need of funds for any personal reason, a Personal Loan can be a convenient and hassle-free option. Whether it's for a wedding, home renovation, medical expenses, or any other financial need, a Personal Loan can provide you with the required funds without the need for collateral.

We understand that applying for a Personal Loan can be overwhelming, especially if you're doing it for the first time. On this page, you will find all the information you need to know about Personal Loans in Kolkata. We'll cover the eligibility criteria, documentation requirements, interest rates, and other important details that you should consider before applying for a Personal Loan. Let's get started!


Personal Loans are a popular choice among individuals in Kolkata who need funds to meet their financial needs. However, one of the significant factors to consider when taking a Personal Loan is the interest rate. Personal Loan interest rates in Kolkata typically vary based on factors, such as the borrower's credit score, income, and employment history.

Personal Loan interest rates in Kolkata depend on the lender and the borrower's eligibility criteria. Poonawalla Fincorp’s Personal Loans are offered at competitive interest rates, starting from just 9.99%* per annum.

Rate of Interest Starting from 9.99%*p.a.
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
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

The interest is usually calculated as per the formula mentioned below:

E = [P x R x (1+R) N] / [(1+R) (N-1)]


  • P = Principal loan amount
  • R = Monthly rate of interest (annual interest rate/12)
  • N = Total Number of monthly instalments (EMIs)

Personal Loans offer a wide range of benefits to the borrower. Here are some of the top features of a Personal Loan in Kolkata to keep in mind:

  • Flexibility Logo


  • No Collateral Logo

    No Collateral

  • Quick Disbursal Logo

    Quick Disbursal

  • Competitive Interest Rate Logo

    Competitive Interest Rate

  • Easy Repayment Logo

    Easy Repayment

  • No Restriction on Usage Logo

    No Restriction on End Usage

  • Low Processing Fees Logo

    Low Processing Fees

  • Minimal Documentation Logo

    Minimal Documentation


Personal Loans are highly flexible, which means you can use the funds for a variety of purposes, such as paying for a wedding, home renovation, medical emergencies, travel, etc.

No Collateral

Unlike secured loans, Personal Loans don’t require you to pledge any collateral or assets. This makes it a great option for those who don’t want to put any assets as security.

Quick Disbursal

The advent of digital lending platforms like Poonawalla Fincorp has made getting a Personal Loan in Kolkata swift and hassle-free. With us, you can receive instant loan approvals and get quick disbursals.

Competitive Interest Rate

Poonawalla Fincorp’s Personal Loans come with competitive interest rates that start from as low as 9.99%* p.a. This can help you save money on interest charges over the course of the loan.

Easy Repayment

Personal Loans offered by Poonawalla Fincorp come with flexible repayment options of up to 60 months. This allows you to repay the loan over a period that suits your budget.

No Restriction on End Usage

Personal Loans have no end-use restrictions, which means you can use the funds for any legitimate purpose that you wish to fulfil financially.

Low Processing Fees

Our Personal Loans usually come with low processing fees, which means you don’t have to worry about paying a lot of money in fees.

Minimal Documentation

Personal Loans require minimal documentation, making the loan application process simple and stress-free.
We offer Personal Loans in Kolkata to salaried individuals, government employees, and certified professionals – Doctors, Chartered Accountants, and Company Secretaries. Eligible borrowers can use the funds from this loan to fulfil almost any of their financial requirements without any hassle.

Poonawalla Fincorp’s Personal Loans in Kolkata are versatile and can be used for a wide variety of purposes. Here are some of the key purposes that a Personal Loan can help fulfil:

Medical Expenses

Personal Loans can help cover the cost of unexpected medical expenses, including hospital bills and surgeries.


Personal Loans can help finance education expenses, including tuition fees, textbooks, and more.

Home Renovation

Personal Loans can be used to fund home renovation projects, such as kitchen or bathroom upgrades.


Personal Loans can be used to fund travel expenses like flights, accommodation, and activities.

Wedding Expenses

Personal Loans can help cover the cost of weddings, including venue rental, catering, and other related expenses.

Personal Loans in Kolkata are a great financial product for those who need quick access to funds. They offer flexibility, competitive interest rates, easy repayment options, and no collateral requirements, making them a popular choice among borrowers.

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Poonawalla Fincorp Limited

Address: 15, Park Street, 6th Floor, Apeejay House, Block B, Unit No: B/6/1, Kolkata, 700016, West Bengal
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

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