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

Get a Collateral-free Personal Loan in Durgapur

Durgapur, a well-planned industrial city, offers great opportunities for your future.  Meet your financing needs like travel, education, wedding, medical expenses, etc., with a Personal Loan in Durgapur from Poonawalla Fincorp. Access funding of up to ₹50 Lakh with zero end-use restrictions. Enjoy attractive interest rates, flexible repayment terms, minimal paperwork and fast approval. Apply now!

Why Choose Poonawalla Fincorp

No Collateral
Required
Quick
Approval
No End-use
Restrictions
Minimal
Paperwork
No Hidden
Charges
Flexible Repayment
Tenure

Personal Loan EMI Calculator

Calculate your monthly payments using our EMI calculator. Just enter the loan amount, tenure and interest rates to know your EMIs instantly. 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

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 Durgapur

Fulfil our simple eligibility criteria:

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

Documents Required for a Personal Loan in Durgapur

Upload a few essential documents to apply for the loan:

  • KYC Documents Driving License, Aadhaar Card, PAN Card, Passport or Voter ID.
  • Income Proof: Salary slips for 1 month and bank statements for the last 3 months.
  • Proof of Employment: Official mail ID or Employee ID Card.
  • Address Proof: Utility Bills, Passport or Rent Agreement.

Note: The list of documents mentioned above is indicative. You may need to submit additional documents during the loan processing stage.

Interest Rate and Charges for a Personal Loan in Durgapur

Get competitive interest rates and minimal charges on our Personal Loan:

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 Durgapur

  • Covering travel costs
  • Upgrading electronic gadgets
  • Financing higher studies
  • Carrying out home renovations
  • Funding for emergencies
  • Consolidating existing debts

Who Can Avail of a Personal Loan in Durgapur

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

Tips for a Successful Personal Loan Application

  • Check the eligibility criteria
  • Understand the terms and conditions
  • Check your credit score
  • Finalise loan amount based on your requirements
  • Keep all necessary documents ready
  • Avoid submitting multiple loan applications

Poonawalla Fincorp Branch Address in Durgapur

Poonawalla Fincorp Limited
Address: 2nd Floor, Kwality Hotel Complex, Bhiringi More, Dist - Panchim Bardhman, West Bengal -713213
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am–6:30 pm (Weekly off on first and second Saturdays and all Sundays)

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

What is the loan amount limit on Poonawalla Fincorp’s Personal Loan?

You can avail of a loan for personal use from Poonawalla Fincorp for a loan amount ranging from ₹1 Lakh to ₹50 Lakh. The loan amount depends on your credit score, income, employment stability and repayment history.

Do I need to pledge any collateral to avail of a Personal Loan?

No, you do not need to furnish any collateral to get a personal credit loan from Poonawalla Fincorp. Our collateral-free loans allow you to fulfil your financial needs without having to pledge any assets.

Can I use a Personal Loan to fulfil my education expenses?

Yes, you can meet your education-related expenses by availing of a loan for personal use from Poonawalla Fincorp. Finance your tuition expenses, cost of study material, hostel fees, etc., with our personal credit loan.