personal loan in Tamil Nadu

Personal Loan in Tamil Nadu

Loan up to ₹30 Lakh | Minimal Documentation | Competitive Interest Rates

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 in Tamil Nadu. You can borrow up to ₹30 Lakh with minimal documentation and get instant approval.

When you apply for a Personal Loan in Tamil Nadu with Poonawalla Fincorp, you can enjoy a wide range of features and benefits, including:

  • Minimal documentation Logo

    Collateral-free

  • No usage constraints

    Multi-purpose Usage

  • Low interest rates Logo

    Competitive interest Rates and Charges

  • Instant approval and rapid disbursal

    Quick Approval

  • Instant approval and rapid disbursal

    Instant Disbursal

  • No hidden charges

    No Hidden Charges

  • NZero foreclosure/pre-payment fees

    No Penalty for Prepayment or Foreclosure

  • High loan amount

    Flexible Repayment Plans

  • Easy Application Process

    Simple 5 Step Online Application

  • Higher Personal Loan amount Logo

    Easy-to-Use EMI Calculator

At Poonawalla Fincorp, we offer Personal Loan at the most competitive interest rates, starting from 9.99%* p.a. When you apply for a loan, you must incur a few other charges apart from the interest. You must be aware of these charges to know the exact borrowing cost.

Refer to the table below to know the interest rate and other charges:

Personal Loan Interest Rates 9.99%* p.a. onwards
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
Prepayment/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 taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges
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To be eligible for a Personal Loan from Poonawalla Fincorp in Tamil Nadu, you must meet certain criteria. Refer to the table below for details.

Age Requirement

Age

22 years at the time of loan application and not more than 57 years

Work Experience Required

Work Experience

Salaried employees with 1 year of work exprience

Citizenship Status

Citizenship

Indian

Monthly Salary Required

Monthly Income

Starting ₹30,000 based on your city of residence

When applying for a Personal Loan with Poonawalla Fincorp, you must submit the following documents.

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)
  • Salaried Individuals

    Salaried individuals

  • Doctors

    Salaried Doctors

  • Chartered Accountants

    Salaried Chartered Accountants

  • Company Secretaries

    Salaried Company Secretaries

You can avail of a Personal Loan in Tamil Nadu 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 Personal Loan with Poonawalla Fincorp and get the funds you need for the home renovation project. Our Personal Loan comes with a competitive interest rate, making the EMIs affordable.
  • Higher Education: Applying for Poonawalla Fincorp's Personal Loan in Tamil Nadu 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 Poonawalla Fincorp's Personal Loan in Tamil Nadu to tackle such situations and keep your savings intact.
  • Travel: If you love travelling, Poonawalla Fincorp's Personal Loan in Tamil Nadu can help you explore new destinations in India or worldwide and get memorable experiences.

With Poonawalla Fincorp's Personal Loan in Tamil Nadu, you can enjoy benefits such as a higher loan amount up to ₹30 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!

Applying for a Personal Loan from Poonawalla Fincorp in Tamil Nadu is easy. You must follow a few simple steps as mentioned below:

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Apply
Online

Apply Online

Click on ‘Apply Now’ and complete the application form

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Quick approvals
Personal
Details

Personal Details

Enter your DOB, qualification, and residential details

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Application Verification
Verification

Verification

Submit and upload all details for verification and assessment

Poonawalla Fincorp Limited

Address: The Oval, 2nd Floor, Venkatanarayana Road, T . Nagar, Chennai: 600017, Tamilnadu
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (First, second & third Saturdays and all Sundays will be weekly off.)


Address: "ATP Tower", Door No. 12A, 4th Floor, Bypass Road, Madurai, Tamilnadu-625016
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (First, second & third Saturdays and all Sundays will be weekly off.)


Address: 2nd Floor, Sri Vaari Shopping Mall, 258/2,2/91, New Bus Stand Main Road, Meyyanur, Salem-636004, Tamil Nadu
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (First, second & third Saturdays and all Sundays will be weekly off.)


Address: "Ray Towers", 3rd Floor, 2 Vadavoor Salai, 9th Cross, Thillainagar, Trichy-620018
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (First, second & third Saturdays and all Sundays will be weekly off.)


Address: Classic Towers, 6th floor Trichy Road, Highways Colony, Coimbatore, Tamil Nadu 641018
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (First, second & third Saturdays and all Sundays will be weekly off.)


*Terms & Conditions Apply

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