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

Personal Loan EMI Calculator

Manage your repayments effortlessly with our online EMI calculator. Enter the loan amount, interest rate and tenure to know your 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
12 Months
84 Months

Why Choose Poonawalla Fincorp

Loan Icon High Loan
Amount
collateral Icon No Collateral
Required
Interest Rate Icon Competitive
Interest Rate
quick icon Quick
Approval
EMI Icon Flexible
EMIs
Quick Icon No End-use
Restrictions

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: 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: A minimum salary of ₹30,000.

Provide 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 one month salary slip.
  • Employment Proof: Official mail ID or Employee ID Card.

Access quick funds at competitive interest rates 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
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

  • Travelling  
  • Interior designing 
  • Consolidating debt 
  • Higher education 
  • Grand wedding
  • Salaried individuals
  • Salaried doctors
  • Salaried Chartered Accountants
  • Salaried Company Secretaries
  • 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

No, you do not need to pledge any collateral to obtain a Personal Loan from Poonawalla Fincorp. Our collateral-free loan allows you to meet various financial goals.  

To apply, you must submit your KYC documents, income proof, address verification details, employment verification, and financial statements. 

Poonawalla Fincorp offers loans for personal use with flexible repayment tenure between 12 and 84 months.