Apply for a Personal Loan with Quick Approval
Madurai, also known as the cultural capital of Tamil Nadu, is a vibrant city located in southern India. Known for its rich history and cultural heritage, It is a home to several magnificent temples, including the iconic Meenakshi Amman Temple.
If you're in need of quick funds, applying for a Personal Loan with Poonawalla Fincorp can be a great option. Our loans for personal use can help you meet various financial needs, such as funding a wedding, paying for medical expenses, or paying for higher education.
Check Monthly EMI Amount For Personal Loan In Madurai
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Interest Rates and Charges for Personal Loans
We offer a loan at attractive interest rates. A brief analysis of interest rates would reveal that our rate is among the most competitive in the market.
| 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* 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 Interest | 2% per month |
| Repayment Instrument Dishonour Charges | ₹500 per bounce plus applicable charges |
| Stamp Duty | At actuals (as per state) |
| No Other Hidden Charges | |
Features and Benefits of Personal Loan
Some of the features and benefits of our loan include:
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No Collateral Involved
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Attractive Interest Rates
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Multipurpose Loan
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Flexible Repayment Tenure
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Minimal Documentation
No Collateral Involved
We offer unsecured financing for personal needs, which means that the borrower does not need to provide collateral to obtain the loan.
Attractive Interest Rates
We offer an unsecured loan at attractive interest rates, starting from just 9.99%* per annum.
Multipurpose Loan
The loan can be used for a variety of purposes, such as home renovations, medical expenses, meeting higher education costs, and more.
Flexible Repayment Terms
We offer loans for personal use with a flexible repayment tenure of up to 84 months.
Minimal Documentation
Borrowers only need to submit basic KYC documents when applying for a loan from us.
We offer the best loan for personal use to salaried employees, government employees, and professionals such as Doctors, Chartered Accountants, and Company Secretaries.
Purposes of Personal Loan
The loan amount can be used for any of the following purposes:
Medical Expenses
Personal Loan provides timely financial assistance during emergencies like payment of medical expenses.
Higher Education
Borrowers can fulfil their higher education goals by getting a loan to fund their education at their dream educational institution.
Overseas Travel
A loan for personal use can help meet various travel-related expenses when visiting an overseas destination.
Wedding
Wedding-related expenses in India often exceed the budget. So, getting a loan to cover wedding costs is an excellent option.
Home Renovation
Home renovations take up lots of time and money. A loan can help fulfil home renovation and/or repair costs easily.
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Personal
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Personal Details
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Verification
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Branch Address:
Poonawalla Fincorp Limited
Address : No. 12A, 4th Floor,ATP Tower, Bypass Road, Madurai, Tamil Nadu-625016
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
