Get an instant Personal Laon
Located on the southeastern side of the Indian peninsula, Tamil Nadu is the fourth-largest state in India. The state has a booming economic sector as it is one of the leaders in several industries like garments, leather products, plastic, pharmaceuticals, and engineering. The state’s growth has also resulted in improving lifestyles and increased demand for additional financial support among the state residents. If you, too, require financial assistance for any lifestyle purchase or medical emergency, you can apply for Poonawalla Fincorp’s Personal Loan. You can borrow up to ₹50 Lakh with minimal documentation and get instant approval.
Features and Benefits of Personal Loan
When you apply for a loan with us, you can enjoy a wide range of features and benefits, including:
-
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
We offer loans for personal use at the most competitive interest rates, starting from 9.99%* p.a. Refer to the table below to know the interest rate and other charges:
| Interest Rate | 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 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.
Check Monthly EMI Amount For Personal Loan In Tamil-Nadu
-
EMI Amount = *
Eligibility Criteria for Personal Loan
To apply, you must meet the following criteria:
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
When applying for personal credit, you must submit the following documents:
| Documents Category | 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 to
-
Salaried individuals
-
Salaried Doctors
-
Salaried Chartered Accountants
-
Salaried Company Secretaries
Uses of a Personal Loan
You can avail of an unsecured loan for the following mentioned purposes:
- Home renovation: If you wish to upgrade your home interiors, extend your kitchen, or change the flooring, apply for a loan with Poonawalla Fincorp and get the funds you need for the home renovation project.
- Higher Education: Applying for personal credit is a great way to cover all your education-related expenses and pursue your dream career.
- Medical Emergencies: Medical emergencies can occur anytime and derail your financial planning. You can avail of credit granted for personal use to tackle such situations and keep your savings intact.
- Travel: If you love travelling, our loan for personal use can help you explore new destinations in India or worldwide and get memorable experiences.
By getting a loan from us, you can enjoy benefits such as a higher loan amount up to ₹50 Lakh, attractive interest rate, minimal documentation, and no hidden charges. You can apply for the loan online and get quick approval. So why wait? Apply now!
How to Apply for a Personal Loan?
Applying for a loan from us is easy:
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
Poonawalla Fincorp's Branch Address
Poonawalla Fincorp Limited
Address: 2nd Floor,The Oval Tower, Venkatanarayana Road, T.Nagar, Chennai Tamil Nadu-600017
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
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.)
Address: No 258/2,2/91, 2nd Floor, Sri Vaari Shopping Mall, New Bus Stand Main Road, Meyyanur, Salem,Tamil Nadu-,-636004
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Address: Office No 2, 3rd Floor, Ray Towers, Vadavoor Salai, 9th Cross, Thillainagar, Trichy, Tamil Nadu--620018.
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
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.)
*Terms & Conditions Apply
