Get a Hassle-free Loan in 5 Minutes
Fulfil your urgent financial needs by availing an instant Personal Loan online. Get a loan amount of up to ₹5 Lakh from Poonawalla Fincorp with minimal documentation, quick approval and ZERO hidden charges. Enjoy a flexible repayment tenure of up to 36 months, simple eligibility criteria, and fast disbursal. The entire process happens online, offering convenience and ease of access. Apply now!
Why Choose Poonawalla Fincorp
Instant Loan EMI Calculator
Our online EMI calculator calculates your monthly instant personal loan repayment amount. The tool is easy to use and gives you instant results. Simply enter the loan amount, tenure, and interest rate to find your EMI amount. Calculate now!
Eligibility Criteria for an Instant Loan Online
Fulfil our Personal Loan eligibility criteria for quick loan approval:
- Age: Between 24 and 55 years.
- Citizenship: Indian.
- Employment: Salaried and Self Employed, Full-time job with a government entity, public/private limited company, LLP, educational institution, or a company approved by Poonawalla Fincorp.
- Income: Minimum annual household income (declared) must be ₹3 Lakh.
Documents Required for an Instant Loan Online
Submit just a few essential documents verifying personal details to avail this loan facility:
- KYC Documents: PAN Card and Aadhaar Card
Interest Rate and Charges for an Instant Loan Online
Poonawalla Fincorp offers an instant loan at attractive interest rates and nominal charges:
i) If Foreclosure or Prepayment is done including balance transfer from another financial institution – 4 % on amount being prepaid plus applicable taxes.
2) After repayment of first six EMI:
i) If Foreclosure or Prepayment is done from own funds of the Borrower- Nil charges.
ii) If Foreclosure or Prepayment is done any other source including by balance transfer from another bank/financial institution- 4% on amount being prepaid plus applicable Taxes.
Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf
*T&C Apply
Features and Benefits of an Instant Loan
An instant Personal Loan provides quick access to funds for unplanned expenses. Here are its detailed features and benefits:
Quick Application
Get quick approval for your desired loan by applying for your loan effortlessly through a streamlined online process. With just a few clicks and you can fill out an instant loan application form from the comfort no need to visit a branch.
Minimal Documentation
Submit only the minimal eligibility documents to avail of this unsecured loan. Instant loans require only basic documents, such as KYC documents, to avail of a Personal Loan. This minimal paperwork speeds up the approval process, making it ideal for emergencies or urgent financial needs.
High Loan Amount
Get a loan amount as high as ₹5 Lakhs and cover all your expenses. Whether it’s a medical emergency, home renovation, travel plans, or education expenses. This flexibility allows you to manage large expenses without compromising your financial stability.
No Hidden Charges
Experience transparency throughout the process as all fees and charges, such as processing fees, interest rates, and penalties, are communicated upfront. You won’t encounter any surprise costs, ensuring you can plan your repayments with confidence.
Happy Customers, Happy Us


I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.


Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!


Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.


I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!


A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.


I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.


I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.
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Frequently Asked Questions
The entire loan application process for an instant Personal Loan is digital, and you can get this loan anytime. Here's how to get an instant Personal Loan online in just 3 easy steps:
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Click on ‘Apply Now’.
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Fill out the application form.
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Upload all the necessary documents.
Upon successful verification, instant funds will be credited to your bank account.
This loan amount varies across lenders and depends on your eligibility factors. The minimum Personal Loan amount you can borrow from Poonawalla Fincorp is ₹50,000, and the maximum is ₹5 Lakh. You also have flexible repayment options, adjusted as per your repayment capacity.
No, you cannot avail of an instant loan without documents. However, the documents required are minimal; submit your KYC documents, namely PAN Card and Aadhaar Card, along with a few other basics. These, along with having a good credit score, will help you get instant loan approvals.
Calculating monthly EMIs beforehand can help to check affordability and manage payments, and is highly advisable. Our online Personal Loan EMI calculator gives you your instant loan EMI amount. Simply enter the loan amount, tenure, and interest rate.
The interest rate for an Instant Loan offered by Poonawalla Fincorp starts at 16% p.a. onwards. Note that you'll pay interest on your loan based on the loan amount, your credit score, and your loan tenure.
The documentation with Poonawalla Fincorp is simple; you’ll generally need your PAN card or Aadhaar card as identity proof. In certain cases, you need to show salary slips from one month as income proof and bank statements from 3 months to ascertain your financial background. Finally, utility bills, Passport, or Aadhaar details serve as address proof.
Here are some advantages of an Instant Loan:
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Instant approvals and fast disbursals
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Entire process is 100% paperless
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Competitive interest rates
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No collateral required
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Transparent process with no hidden charges
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Loan Amount of up to ₹5 Lakhs
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Flexible repayment options
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Tenures up to 36 months
Both these costs are related to taking on a loan; while the first is part of applying for a loan, the latter is a consequence applied by some banks. Processing fees are a one-time cost for loan application handling, while foreclosure charges are incurred if the loan is paid off early. However, many lenders allow advance EMI payments or prepayments to help save on interest.
The minimum CIBIL score required to avail of an unsecured loan, such as an instant personal loan, is 750 and above.