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

Personal Loan EMI Calculator

Use of our online EMI calculator to know your monthly payments. Enter the loan amount, tenure and interest rates to know EMIs instantly. Try 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

collateral icon Collateral-free
Loan
Use Icon No End-use
Restrictions
document icon Minimal
Documentation
quick icon Quick
Approval
Percentage Icon Competitive
Interest Rate
Application Icon Online
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:

  • Age Limit: 21 to 60 years.
  • Citizenship: Indian.
  • Employment Type: Full-time job at a private or public sector organisation.
  • Work Experience: Minimum 1 year with at least 1 month at current job.
  • Net Monthly Salary: At least ₹30,000.

Submit a few essential documents:

  • KYC Documents: Driving License, Aadhaar Card, PAN Card, Passport or Voter ID.
  • Income Proof: Salary slip for 1 month and bank statements for the last 3 months.
  • Proof of Employment: Utility bills, passport or rent agreement.
  • Address Proof: Official mail ID or Employee ID Card.

Note: The list of documents mentioned above is indicative. You may need to submit additional documents during the loan processing stage.
 

Get a loan for personal use at competitive interest rates and minimal fees:

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

  • Renovate your home
  • Finance your dream wedding
  • Pay for higher studies
  • Cover unexpected medical expenses
  • Fund your travel and vacations
  • Purchase high-value consumer durables
     
  • Salaried individuals
  • Salaried Chartered Accountants
  • Salaried doctors
  • Salaried Company Secretaries
  • Check the eligibility criteria before applying
  • Maintain a low debt-to-income ratio
  • Avoid borrowing more than necessary
  • Read all the terms carefully before applying
  • Keep all loan documents handy
     

Poonawalla Fincorp Limited

Address: 2nd Floor, Plot no. 16, Sai Nagar Road, Opp Brilliancy Tutorial, Gawande Nagar, Amravati, Maharashtra-444605

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

rightArrow
rightArrow

Frequently Asked Questions

You can avail a Personal Loan of up to ₹50 Lakh from Poonawalla Fincorp. The loan amount is decided depending on your credit score, net monthly income, repayment capacity, etc.

Yes, you can apply for a new Personal Loan even if you have an existing loan, provided you fulfil the eligibility criteria and have a good repayment history. Ensure to maintain a low debt-to-income ratio to have higher chances of loan approval.

No, there is zero penalty for prepaying the loan if the payment is made from your own sources. If paid from other sources, a 4% prepayment charge will be applicable.