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

Get a Quick Personal Loan in Bhopal

Bhopal, the capital city of Madhya Pradesh, is known for its rich history, diverse culture, and scenic beauty. Meet your urgent fund requirements in this city with a Personal Loan from Poonawalla Fincorp. From medical emergencies to higher education, our loan is customised to support all your needs.

Avail of up to ₹50 Lakh without pledging any collateral at competitive interest rates, with minimal documentation, quick approval, and flexible loan terms. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
Collateral-free
Loan
Affordable Interest
Rate
Minimal
Documentation
No End-use
Restrictions
Flexible Repayment
Tenure

Personal Loan EMI Calculator

Calculate your monthly repayments seamlessly using our online EMI calculator. Enter an interest rate, loan amount and tenure to determine the EMI amount. 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

Rupees one lakh

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, 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 Bhopal

Meet our simple and straightforward eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Income: Minimum of ₹30,000.
  • Employment: Full-time employment with a private or public limited company.
  • Work Experience: Minimum 1 year, with 1 month in the current company.

Documents Required for a Personal Loan in Bhopal

Skip the hefty paperwork and submit just the mandatory documents:

  • KYC Documents: PAN Card, Aadhaar Card, Voter ID, Driving License, or Passport.
  • Address Proof: Utility Bills, Passport or Rent Agreement.
  • Income Documents: Salary slips for the last 3 months.
  • Financial Statements: Bank statements for the last 3 months.
  • Proof of Employment: Official email ID or employee ID card.

Interest Rate and Charges for a Personal Loan in Bhopal

Avail of the loan 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
0% if paid from own sources
4% if paid from other sources
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

  • Home renovation 
  • Dream vacation 
  • Grand wedding celebrations 
  • Emergency fund 
  • Medical expenses 
  • Debt consolidation 

Who Can Get a Personal Loan in Bhopal

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

Tips for a Successful Personal Loan Application

  • Check your credit score 
  • Submit all necessary documents 
  • Ensure you meet the eligibility criteria 
  • Avoid multiple applications 
  • Reduce your debts 

Poonawalla Fincorp Branch Address in Bhopal

Poonawalla Fincorp Limited

Address: 1st Floor, Mahaveer Avenue, Plot No.2, R-2, Zone-01, Maharana Pratap Nagar, Bhopal, Madhya Pradesh-462011

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

Do I need to pledge any assets for a Personal Loan?

No. Poonawalla Fincorp offers collateral-free loan with no end-use restrictions.

How can I apply for a Personal Loan in Bhopal?

To apply, visit our nearest branch or apply online. For online application, follow these 3 simple steps: 

Step 1: Click on ‘Apply Now’

Step 2: Fill out the application form. 

Step 3: Upload all the necessary documents. 

Upon successful verification, the loan amount will be credited to your bank account instantly. 

Do I need a credit score of 750 for a Personal Loan in Bhopal?

A credit score of 750 and above is considered a good score. A good credit score improves your chances of loan approval along with favourable loan terms.