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

Personal Loan EMI Calculator

Plan your repayment strategy using our EMI Calculator. Just enter the loan amount, tenure, and interest rate 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
12 Months
84 Months

Why Choose Poonawalla Fincorp

Loan icon High
Loan Amount
Zero Icon No Hidden
Charges
Interest rate icon Attractive Interest
Rate
Collateral Icon Zero Collateral
Required
Use Icon No End-use
Restrictions
Document Icon Minimal
Documentation

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 to qualify:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Work Experience: At least 1 year of total work experience, 1 month with the current employer.
  • Employment: Must be employed in an MNC, LLP, private Ltd company or Central Government entity.
  • Monthly Income: Minimum of ₹30,000.

Submit just a few mandatory documents:

  • Identify Proof: Driving License, PAN Card, Voter ID, Passport or Aadhaar Card.
  • Address Proof: Electricity Bill, Rent Agreement or Passport.
  • Income Documents: Last 1 month pay slip.
  • Financial Documents: Bank account statement for the last 3 months.
  • Proof of Employment: Official mail ID or employee ID card.

Poonawalla Fincorp offers personal use loans 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- 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

  • Funding higher education costs
  • Covering medical emergencies
  • Remodelling home
  • Consolidating debts
  • Funding wedding expenses
     
  • Salaried individuals 
  • Salaried doctors 
  • Salaried Company Secretaries 
  • Salaried Chartered Accountants 
  • Avoid filing multiple loan applications
  • Keep all the required documents handy
  • Ensure you have a stable source of income
  • Review your credit score
     

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

To avail of a Personal Loan from Poonawalla Fincorp, you must have a minimum monthly in-hand salary of ₹30,000.  

A Personal Loan EMI calculator is an online tool that helps you calculate monthly repayments. You just need to enter the loan amount, interest rate, and tenure. You can also try different values and choose the one that fits your monthly budget. 

You can use the loan amount to meet any personal expenses such as medical emergencies, wedding ceremonies, travel expenses, home renovations, etc.