Interest Rate
Starting at 9.99%* p.a.
Loan Tenure
12-84 Months
Hidden Charges
0%

Personal Loan EMI Calculator

Calculate your monthly EMI instantly with our easy-to-use EMI calculator. Enter the loan amount, interest rate and tenure. Try it now!

Optimise Your Personal Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
9.99%
30%

Tenure

Months
12 Months
84 Months

Why Choose Poonawalla Fincorp

Loan Icon High Loan Amount
Collateral Icon Unsecured
Loan
Interest Rate icon Attractive
Interest Rate
EMI Icon Flexible
Repayment Tenure
document Icon Minimal
Documentation
Application icon Digital
Application Process

Apply for a Personal Loan Online in Just 3 Steps

Step1

Click on “Apply Now”

Tap the “Apply Now”button to initiate your application.

Step2

Enter Details

Enter your DOB, PAN card number, monthly income, KYC details and residential details.

Step3

Upload Documents

Upload the necessary documents for quicker approval.

On successful verification, the loan amount will be disbursed into your bank account instantly.

Get exclusive offers thoughtfully customised just for you

Meet our simple eligibility criteria:

  • Citizenship: Indian.
  • Age: 21 to 60 years.
  • Monthly Income: At least ₹30,000.
  • Employment: Full-time employment with a private or public limited company.
  • Work Experience: Minimum 1 year, with 1 month in the current company.

Submit the essential documents while applying:

  • KYC Documents: PAN Card, Aadhaar Card, Voter ID, Driving License, or Passport.
  • Address Proof: Utility Bills, Passport or Rent Agreement.
  • Income Documents: Recent salary slips for the last 1 month.
  • Financial Statements: Bank statement for the last 3 months.
  • Employment Proof: Official email ID or employee ID Card.

Get favourable interest rates and minimal charges for our 12-month loan:

Interest Rate
9.99%* p.a. onwards
Loan Amount
₹1 Lakh to ₹50 Lakh
Loan Processing Fees
Up to 3% plus applicable taxes
Lowest EMI Per Month
Starting from ₹2,124* per Lakh for 60 months
Loan Tenure
12-84 months
Prepayment/Foreclosure Charges
1. Before repayment of first six EMI:
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
24% p.a. + taxes
Repayment Instrument Dishonour Charges
₹500 per bounce plus applicable taxes
Stamp Duty
At actuals (as per state)
Hidden Charges
Nil

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

  • Home renovation
  • Education expenses
  • Wedding arrangements
  • Medical emergencies
  • Debt consolidation
  • Travel expenses

●    Salaried individuals
●    Salaried doctors
●    Salaried Chartered Account
●    Salaried Company Secretary 
●    Salaried Employee at any MNC, PSU or the Central Government.

  • Organise your financial documents.
  • Check your credit score.
  • Ensure accuracy in your application details.
  • Maintain stable employment and income.

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

rightArrow
rightArrow

Frequently Asked Questions

The minimum loan amount you can get is ₹1 Lakh and maximum ₹50 Lakh.

We offer loans for personal use at interest rates starting at 9.99%* p.a. However, it varies based on individual credit profiles and market conditions.

We at Poonawalla Fincorp, offer flexible repayment terms with tenure up to 84 months.

You will need KYC documents, income documents, such as salary slips or bank statements, and employment verification details to apply for the loan.

The following factors affect the approval process:

  • Credit score
  • Income stability
  • Existing debt obligations
  • Documentation accuracy