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

Avail of a Personal Loan in Bihar Online

Bihar is known for its rich cultural heritage and spiritual significance. The state is also famous for its art forms, such as wood carvings, brass work, bamboo work, and Madhubani. Meet all your fund requirements in this cultural state with a Personal Loan in Bihar from Poonawalla Fincorp.

Use the loan amount for higher education, weddings, vacations, medical emergencies or any other personal use without any restrictions. Avail of a collateral-free loan of up to ₹50 Lakh at competitive interest rates with minimal paperwork, hassle-free online application, swift approval, and flexible repayment tenure. Apply now!

Why Choose Poonawalla Fincorp

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

Personal Loan EMI Calculator

Plan your monthly repayments in an instant using our online EMI calculator. Just enter the loan amount, interest rate, and tenure. 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
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 Bihar

Meet our simple and straightforward eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Monthly Salary: At least ₹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 Bihar

Submit just a few essential 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 1 month.
  • Financial Documents: Bank statements for the last 3 months.
  • Employment Proof: Official email ID or employee ID card.

Interest Rate and Charges for a Personal Loan in Bihar

Poonawalla Fincorp offers loans 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

Different Uses of a Personal Loan in Bihar

  • Destination wedding
  • Education expenses
  • Medical expenses
  • Big-ticket purchases
  • Debt restructuring
  • Emergency funds

Who Can Get a Personal Loan

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

Tips for a Successful Personal Loan Application

  • Check your credit score
  • Review the eligibility criteria
  • Prepare all of the required documents
  • Maintain a low debt-to-income ratio

Poonawalla Fincorp Branch Address in Bihar

Poonawalla Fincorp Limited

Address: Office no. 105, 1st Floor, Pandey Plaza, Exhibition Road, Patna, Bihar-800001

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

Can I consolidate my debts using a Personal Loan?

Yes, our Personal Loan can be used to consolidate high-interest debts into a single, manageable loan. This may also offer you the advantage of better terms, including longer repayment periods and potentially lower interest rates. 

Is there an online application option for Poonawalla Fincorp Personal Loans?

Yes, you can apply for our Personal Loan online, from the comfort of your home, without needing to visit a branch. 

Does Poonawalla Fincorp charge any hidden fees on Personal Loan?

No, we do not charge any hidden fees. At Poonawalla Fincorp, transparency is key, and we clearly communicate all costs associated with the loan upfront to ensure you will not face any unexpected charges throughout the loan tenure.