Personal loan in Meghalaya @9.99%* Rate

Apply for a Personal Loan in Meghalaya with Quick Approval!

Meghalaya, located in northeastern India, is surrounded by beautiful mountains and lush green forests. With a rapidly growing city, the standard of living also continues to improve, leading to a growing demand for robust financing solutions. This is where Poonawalla Fincorp's Personal Loan can help.

A Personal Loan in Meghalaya from Poonawalla Fincorp can be the best choice for you to fulfil various financial needs. It comes with a high loan amount, can be applied for through a simple application process, and is processed quickly. Apply now!

Features and Benefits of Personal Loan in Meghalaya

A Personal Loan from Poonawalla Fincorp is borrower-friendly and allows you to avail of a loan within a short time, offering various features and benefits, which are mentioned below:

Collateral-free
Multi-purpose Usage
Competitive interest Rates and Charges
Quick Approval
Instant Disbursal

No Hidden Charges
No Penalty for Prepayment or Foreclosure
Flexible Repayment Plans
Simple 5 Step Online Application
Easy-to-Use EMI Calculator

Personal Loan Interest Rates and Charges in Meghalaya

Avail of our Personal Loan at competitive interest rates. You can check the other applicable charges mentioned below:

Personal Loan Interest Rates	9.99%* p.a. onwards
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
Prepayment/Foreclosure Charges	0%* If paid from own sources & 4% If paid from other sources
Default Charges	24% per annum
Repayment Instrument Dishonor Charges	₹500 per bounce plus applicable taxes
Stamp Duty	At actuals (as per state)
No Other Hidden Charges	Nil

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.

EMI Calculator

Loan Amount

1,00,000 50,00,000

Interest Rate %

9.9% 30%

Tenure

1 Year 7 Years

Calculate

EMI Amount = *

Check Repayment Schedule
Download Repayment Schedule

Eligibility Criteria for Personal Loan in Meghalaya

The eligibility criteria for our Personal Loan in Meghalaya include:

Age

21 years at the time of loan application and not more than 60 years

Work Experience

Salaried employees with 1 year of work experience

Citizenship

Indian

Monthly Income

Starting ₹30,000 based on your city of residence

Documents required for Personal Loan in Meghalaya

Poonawalla Fincorp’s Personal Loan application process requires minimal paperwork, making it stress-free for the borrowers. Check the required list of documents below:

Documents Category	Personal Loan Documents Required
KYC Documents	PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport
Current Address Proof	Passport/Utility Bills/Rent Agreement
Income Documents	Latest salary slips for the last 3 months
Financial Documents	Bank Statement for the last 3 months
Employment Proof	Official Mail ID Confirmation/Employee ID Card (in case official mail ID confirmation is not possible)

We Offer Personal Loan in Meghalaya to:

Salaried individuals
Salaried Doctors

Salaried Chartered Accountants
Salaried Company Secretaries

Uses of a Personal Loan in Meghalaya

You can apply for a Personal Loan in Meghalaya for various purposes, such as:

Debt Consolidation: Combine multiple high-interest debts into one at better and more favourable terms.
Wedding: With Poonawalla Fincorp’s Personal Loan, you can fulfil all the financial obligations required to plan your dream wedding.
Medical Emergencies: You can avail of a Personal Loan to cover urgent medical expenses and get timely medical treatment.
Home Renovation: With a Personal Loan, you can renovate or repair your home and transform it for the better.
Higher Education: If you are applying to study abroad or planning to pursue higher education in India, Poonawalla Fincorp’s Personal Loan is the best option available for you to fulfil your dreams.