Apply for a Personal Loan with Quick Approval
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 need urgent funds, 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, opt for a loan for personal use with Poonawalla Fincorp.
Check Monthly EMI Amount For Personal Loan In Kolkata
-
EMI Amount = *
Interest Rates and Charges for Personal Loan
We offer a loan 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 ₹50 Lakh |
| Loan Processing Fees | Up to 3% |
| Lowest EMI Per Month* | Starting from ₹2,124* per 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 charges |
| 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.
The interest is usually calculated as per the formula mentioned below:
E = [P x R x (1+R) N] / [(1+R) (N-1)]
Where,
- P = Principal loan amount
- R = Monthly rate of interest (annual interest rate/12)
- N = Total Number of monthly instalments (EMIs)
Features and Benefits of Having a Personal Loan
Here are some of the top features of our loan:
-
Flexibility
-
No Collateral
-
Quick Disbursal
-
Competitive Interest Rate
-
Easy Repayment
-
No Restriction on End Usage
-
Low Processing Fees
-
Minimal Documentation
Flexibility
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
These 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 credit swift and hassle-free. With us, you can receive instant approvals and get quick disbursals.
Competitive Interest Rate
You can finance your personal needs at 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
Loans offered by us come with flexible repayment options of up to 84 months. This allows you to repay the loan over a period that suits your budget.
No Restriction on End Usage
These 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 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
We require minimal documentation, which makes the loan application process simple and stress-free. We offer an unsecured loan 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.
Purposes of Personal Loans
Here are some of the key purposes that a loan for personal use can help fulfil:
Medical Expenses
You can cover the cost of unexpected medical expenses, including hospital bills and surgeries.
Education
You can finance education expenses, including tuition fees, textbooks, and more.
Home Renovation
The loan amount can be used to fund home renovation projects, such as kitchen or bathroom upgrades.
Travel
Loan amount can be used to fund travel expenses like flights, accommodation, and activities.
Wedding Expenses
Loan for personal use can help cover the cost of weddings, including venue rental, catering, and other related expenses.
Apply for Personal Loan within 5 Minutes
Apply
Online
Apply Online
Click on ‘Apply Now’ and complete the application form
Personal
Details
Personal Details
Enter your DOB, qualification, and residential details
Verification
Verification
Submit and upload all details for verification and assessment
Branch Address:
Poonawalla Fincorp Limited
Address: 6th Floor, Apeejay House, Block B, Unit No: B/6/1, 15 Park Street, Kolkata, West Bengal-700016
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
