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

Get an Affordable Personal Loan in Assam

Assam is known for its wildlife, archaeological sites, and tea plantations. Its economy majorly relies on agriculture, apart from forestry and fishing. Meet your urgent fund requirements in this developing city with a Personal Loan in Assam from Poonawalla Fincorp. 

Be it higher education travel, medical emergency, etc., get a collateral-free loan of up to ₹50 lakh to meet all your requirements worry-free. Benefit from competitive interest rates, minimal documentation, online application, quick approval, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
No Hidden
Charges
Attractive Interest
Rate
Zero Collateral
Required
No End-use
Restrictions
Minimal
Documentation

Personal Loan EMI Calculator

Calculate your monthly payments instantly using our online EMI calculator. Enter the loan amount, interest rate, and loan tenure and get an accurate estimate of your EMIs. 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 Assam

Meet our simple eligibility criteria to qualify:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Employment: A full-time job at any listed, LLP, unlisted public Ltd, PSU, MNC, Central Govt, Pvt Ltd, or internally listed company
  • Experience: A minimum of one year of work experience and one month with current employer.
  • Monthly Income: Atleast ₹30,000.

Documents Required for Personal Loan in Assam

Submit just a few essential documents:

  • KYC Documents: PAN Card, Aadhaar Card, Driving License, Voter ID or Passport.
  • Address Proof: Rent Agreement, Passport or Electricity Bill.
  • Financial Documents: Bank statements for the last three months.
  • Income Documents: Past 1 month salary slip.
  • Employment Proof: Official mail ID or Employee ID Card.

Interest Rate and Charges for a Personal Loan in Assam

Access quick funds at competitive 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 to 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 Assam

  • Travel and vacation  
  • Home renovation 
  • Debt consolidation 
  • Higher education 
  • Wedding expense 

Who Can Get a Personal Loan

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

Tips for Successful Personal Loan Application

  • Demonstrate a stable source of income 
  • Check your credit score 
  • Lower your existing debts 
  • Provide accurate information 

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

What is a Personal Loan?

A Personal Loan is a collateral-free financing solution that enables you to meet various financial obligations. You can borrow a substantial amount and repay it over a fixed term with monthly instalments (EMIs).  

Will Getting a Personal Loan impact my credit score?

Your credit score may be reduced by a few points as a hard inquiry is initiated while lenders check your credit score. However, on-time repayments will improve your CIBIL score in the long run. 

Can I get a Personal Loan from Poonawalla Fincorp for my wedding?

Yes. Poonawalla Fincorp offers loan for weddings. You can get up to ₹50 Lakh at competitive interest rates, with minimal documentation, quick approval, and no hidden charges.