Loan Amount
Up to ₹50 Lakh
Interest Rate
Starting at 9.99%* p.a.
Loan Tenure
12-84 Months

Personal Loan Interest Rates

The Personal Loan interest rate has a crucial impact on both your EMI amount and your overall repayment plan. Poonawalla Fincorp offers an instant Personal Loan with competitive interest rates, no hidden charges, and flexible repayment terms. This is designed to suit the needs of salaried and self-employed individuals who require quick access to funds.
We provide personal loans of up to ₹50 Lakh at attractive interest rates. It is designed to lower overall borrowing costs and support smarter financial planning. Apply now!

icon-IntrestRate.svg Competitive Interest Rate

Our Personal Loan starts at only 9.99% annually, making it a cost-effective solution. It is designed to meet your financial needs with flexible repayment options.

icon-emi (1).svg Loan Processing Fees

Take the pressure off with minimal processing fees ranging from 0% to 3% plus taxes. This makes it easier for you to reduce the overall cost of borrowing.

icon-zeroHidden (1).svg Zero Hidden Charges

Kick your stress to the curb and secure your desired loan amount at an attractive interest rate with no hidden charges.

icon-minDoc.svg Prepayment and Foreclosure Charges

  • 0% prepayment/foreclosure charges or penalties applicable - if paid from own sources.
  • 4% prepayment/foreclosure charges are applicable - if paid from other sources.

icon-hiddenCharges.svg Late Payment Penalty

  • Default Charges: 24% per annum, on the defaulted EMI amount.
  • Cheque Bounce: Charges would be ₹500 per bounce

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Frequently Asked Questions

Your credit score, how much money you will be making, who you work for, and how well you've paid your past lenders will all make up the interest rate that is available for you.

 

This depends on whether you choose a fixed or floating interest rate. Fixed-rate loans remain constant throughout the tenure, while floating rates may change based on market conditions

Yes! By using the Personal Loan EMI Calculator, you will be able to see what your monthly payments would be for different amounts and loan durations available to you.

Personal Loan processing fees may be deducted from the sanctioned loan amount before disbursal, as per the lender's policy.

An APR reflects your total cost of borrowing (both the interest and all applicable charges), whereas the Interest Rate reflects only the interest on the loan.

Yes, those who have good credit scores can enjoy receiving more competitive rates.

Yes. All applicable fees are clearly disclosed upfront in the sanction letter and loan agreement before you sign, ensuring complete transparency.

 

You may consider a Personal Loan balance transfer if a lower interest rate is available with another lender.

While tenure may not directly change the interest rate, it impacts your EMI and total interest payable over the loan term.

You can use the Personal Loan eligibility calculator to review the eligibility criteria and get an estimate of your potential approval before applying.

Happy Customers, Happy Us