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

Personal Loan EMI Calculator

Make use of our EMI Calculator to plan your monthly repayments. Simply enter the loan amount, tenure, and interest rate to know your EMI instantly. Use 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

collateral icon Collateral-free
Loan
Interest rate icon Attractive Interest
Rate
document icon Minimal
Documentation
Use icon No End-use
Restrictions
quick icon Quick
Approval
Zero Icon Zero Hidden
Charges

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

Check our simple eligibility conditions to avail of a loan for personal use:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Employment Type: Full-time job at a private or public sector organisation.
  • Work Experience: 1 year or more with at least 1 month at current job.
  • Net Monthly Salary: At least ₹30,000.

Upload just a few mandatory documents:

  • KYC Documents: PAN Card, Driving License, Aadhaar Card, Voter ID or Passport.
  • Income Proof: Salary slip for the last 1 month and bank statements for the last 3 months.
  • Address Proof: Rent agreement, utility bills, or passport.
  • Proof of Employment: Official mail ID or Employee ID Card.

Note: The list of documents mentioned above is indicative. Additional documents may be required during the loan processing stage.

Avail of our loan for personal use with 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

  • Emergency funds 
  • Travel expenses 
  • Debt consolidation 
  • Home renovation  
  • High-value purchases 
  • Education expenses 
  • Salaried individuals  
  • Salaried professionals 
  • Government employees  
  • Check the loan eligibility criteria 
  • Keep your debt-to-income ratio low 
  • Check your credit score 
  • Furnish the necessary documents  
  • Avoid multiple loan applications 

Poonawalla Fincorp Limited

Address: 2nd Floor, The Oval Tower, Venkata Narayana Road, T. Nagar, Chennai, Tamil Nadu-600017

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

Yes, you can avail of our loan for debt consolidation. Availing of a debt consolidation loan allows you to simplify your EMI payments and reduce your overall interest burden. 

You can avail of a loan amount of up to ₹50 Lakh for a loan in Chennai from Poonawalla Fincorp. 

The minimum interest rate offered on our loan for personal use in Chennai starts from 9.99%* p.a. The final interest rate applicable depends on your CIBIL score, income, repayment capacity, etc.