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

Get a Personal Loan in Amritsar Effortlessly

Amritsar, the city of the Golden Temple, is famous for its historical significance, architecture and cultural heritage. The city is developing and providing many new opportunities to make your dream come true. Whether travelling abroad, renovating your home or celebrating your dream wedding.

Get a Personal Loan in Amritsar of up to ₹50 Lakh from Poonawalla Fincorp with minimal documentation. Enjoy benefits such as quick application, flexible repayment tenure, attractive interest rates and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan Amount High Loan Amount
Collateral-free No Collateral Required
Attractive Interest Rates Attractive
Interest Rate
Minimal Paperwork Minimal
Paperwork
Flexible Loan Tenure Flexible Loan Tenure
Quick Approval Quick
Approval

Personal Loan EMI Calculator

Calculate your monthly EMIs with our user-friendly EMI calculator for a Personal Loan. Just enter the loan amount, tenure and interest to check your 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
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 Amritsar

Fulfil our simple eligibility criteria to qualify:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Work Experience: A minimum of 1 year of total experience and 1 month of experience with current employer.
  • Monthly Salary: A minimum of ₹30,000.
  • Employment Status: Full-time job at any Pvt Ltd, listed, unlisted Public Ltd company, LLP, MNC or the Central Government.

Documents Required for a Personal Loan in Amritsar

Submit just a few essential documents for a seamless application:

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

Interest Rates and Charges for a Personal Loan in Amritsar

Poonawalla Fincorp offers personal 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
Cheque Bounce 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

  • Cover unexpected medical expenses
  • Finance your dream vacation
  • Consolidate high-interest debts
  • Pay for home renovation
  • Buy consumer durables

Who Can Get a Personal Loan in Amritsar

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

Tips for a Successful Personal Loan Application

  • Check your eligibility criteria
  • Keep your credit utilisation ratio below 30%
  • Check your credit score
  • Maintain a low debt-to-income ratio
  • Ensure you have the required documents
  • Avoid applying for multiple loans

Poonawalla Fincorp Branch Address in Amritsar

Address: 2nd Floor, B Block, SCO-24, District. Shopping Complex, Ranjit Avenue, Amritsar, Punjab-143001

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 maximum Personal Loan amount I can get from Poonawalla Fincorp?

With Poonawalla Fincorp, you can get a maximum Personal Loan amount of up to ₹50 Lakh, disbursed directly into your account.

What are the benefits of taking a Personal Loan from Poonawalla Fincorp?

Besides a high loan amount and competitive interest rates, you can enjoy multiple benefits from Poonawalla Fincorp, such as securing a Personal Loan. Some of the notable benefits include flexible EMIs, zero foreclosure charges, minimum documentation, fast approval etc.

Does Poonawalla Fincorp levy any foreclosure charges for Personal Loan repayment?

Poonawalla Fincorp does not levy any foreclosure charges for Personal Loan repayment when paid from your own sources. However, a 4% repayment charge plus applicable taxes are levied when paid from other sources.