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

Get the Best Personal Loan in Ambala

Ambala is located on the border of Punjab and Haryana and is an important tourist destination. The city's economy relies heavily on agriculture, as well as flour milling, ginning, and food processing industries.

Fulfil your fund requirements, such as home renovation, children's education, family holidays, etc., with a Personal Loan in Ambala from Poonawalla Fincorp. Avail of a collateral-free loan of up to ₹50 Lakh at attractive interest rates with minimal documentation, quick approval, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan Amount
Collateral-free Loan
Attractive Interest Rate
No End-use Restriction
Minimal Documentation
Quick Approval

Personal Loan EMI Calculator

Determine your monthly loan repayments with our easy-to-use EMI calculator. Just enter the loan amount, interest rate, and tenure to know the EMIs instantly. Calculate 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
12Months
84Months

Apply for a Personal Loan 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

Eligibility Criteria for a Personal Loan in Ambala

Meet our simple eligibility criteria to qualify:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Monthly Salary: 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.

Documents Required for a Personal Loan in Ambala

Keep mandatory documents ready for a streamlined application:

  • KYC Documents: PAN Card, Aadhaar Card, Voter ID, Driving License, or Passport.
  • Address Proof: Utility Bills, Passport or Rent Agreement.
  • Income Documents: Salary slip for the last 1 month.
  • Financial Documents: Bank statements for the last 3 months.
  • Employment Proof: Official email ID or employee ID card.

Interest Rate and Charges for a Personal Loan in Ambala

We offer personal use loans at attractive interest rates and nominal 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
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

Different Uses of a Personal Loan in Ambala

  • Debt consolidation  
  • Furniture purchase 
  • Home refurbishment 
  • Medical emergencies 
  • Higher education overseas 
  • Car repairs 

Who Can Get Our Personal Loan in Ambala

●    Salaried doctors
●    Salaried individuals
●    Salaried Chartered Accountants
●    Salaried Company Secretaries

Tips for a Successful Personal Loan Application

  • Organise all necessary financial documents 
  • Check your credit score 
  • Provide accurate details 
  • Maintain stable employment and income  
  • Reduce your existing debts  

Poonawalla Fincorp Branch Address in Ambala

Poonawalla Fincorp Limited
Address: 1st Floor, F-4 Plot No 30, Ward no 7, Block no 7, Jain Nagar, Ambala City, Haryana - 134003
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)

*T&C Apply

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

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Frequently Asked Questions

What is the required credit score for a Personal Loan in Ambala?

A credit score of 700 and above is considered as good. A good CIBIL score improves your chances of loan approval. 

How can I use a Personal Loan?
  • Higher education costs 
  • Travelling expenses 
  • Hosting a wedding 
  • Purchasing high-end appliances 
  • Consolidating multiple loans 
  • Paying medical bills  
How can I improve my credit score to avail favourable terms?

Here are some useful tips to improve your credit score over time, helping you avail favourable loan terms: 

  • Ensure repayments on time 
  • Avoid applying for multiple credits 
  • Maintain a healthy credit mix 
  • Keep your credit utilisation ratio low