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

Personal Loan EMI Calculator

Plan your monthly EMIs efficiently with our online EMI calculator. Just enter the loan amount, tenure, and interest rate and know the EMIs instantly

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
Interest rate icon Competitive
Interest Rate
collateral icon No Collateral Required
use icon No End-use
Restrictions
document icon Minimal Documentation
emi icon Flexible
Repayment Tenure

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 to qualify:

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

Submit just a few essential documents:

  • 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 statements for the last 3 months.
  • Employment Proof: Official email ID or employee ID card.

Get a loan at competitive interest rate and minimal charges:

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
Pre-payment/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
Re-payment Instrument Dishonour Charges
₹500/- Per Bounce
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

  • Wedding
  • Home Renovation
  • Travel
  • Medical Emergency
  • Education

  • Salaried doctors
  • Salaried individuals
  • Salaried Company Secretaries
  • Salaried Chartered Accountants

  • Have a strong CIBIL score
  • Review and improve credit report
  • Manage debt-to-income ratio
  • Keep documents ready in advance

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 maximum tenure available for online personal finance is 84 months. However, you can choose a tenure from 12 months to 84 months based on your convenience.

The maximum loan amount you can avail is up to ₹50 Lakh under our personal financing scheme. However, the actual loan amount you qualify for is determined based on your income level, credit score, documentation readiness, and other factors. Please check your loan eligibility here.

Yes, you can get a Personal Loan without any collateral. These loans are unsecured financial products, so there are no collateral requirements.

At Poonawalla Fincorp, our Personal Loan interest rate starts from 9.99%* p.a. The interest rate can vary depending on several factors, such as the amount of the loan, the borrower's creditworthiness, and the loan tenure.