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 Gujarat Instantly

Gujarat is a beautiful and prosperous state known for its significant growth and development across various sectors. Get hassle-free financial assistance with a Personal Loan in Gujarat to fund all your needs.

Secure up to ₹50 Lakh from Poonawalla Fincorp for travel plans, higher studies, wedding, medical emergencies, etc. Enjoy competitive interest rates, flexible loan tenure, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
Competitive Interest Rate
Zero Hidden
Charges
Flexible Repayment Tenure
Quick
Approval
Minimal
Documentation

Personal Loan EMI Calculator

Determine your monthly repayments using our free loan EMI calculator. Just enter the loan amount, tenure, and interest rates for an instant result. 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 Gujarat

Fulfil our simple eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Employment: Full-time job with a government entity, public/private limited company, LLP, educational institution, or a company approved by Poonawalla Fincorp.
  • Work Experience: Minimum 1 year, with at least 1 month in the current job.
  • Monthly Income: Minimum ₹30,000.

Documents Required for a Personal Loan in Gujarat

Submit just a few essential documents:

  • Address Proof: Utility Bills, Passport, or Rent Agreement.
  • KYC Documents: Aadhaar Card, PAN Card, Voter ID, Driving License, or Passport.
  • Employment Proof: Official Email ID or Employee ID Card.
  • Financial Documents: Bank statements for the last 3 months.
  • Income Proof: Salary slip for the last 1 month.

Interest Rate and Charges for a Personal Loan in Gujarat

Obtain a quick loan in Gujarat with favourable 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

  • Financing home renovation
  • Funding travel plans
  • Funding ceremonies/events
  • Purchasing high-tech home appliances
  • Covering medical expenses

Who Can Get a Personal Loan in Gujarat

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

Tips for a Successful Personal Loan Application

  • Improve your credit score
  • Choose the right loan amount and tenure
  • Mention all your income sources
  • Check the eligibility criteria carefully
  • Lower your existing liabilities

Poonawalla Fincorp Branch Addresses in Gujarat

Poonawalla Fincorp Ahmedabad Branch

Address: Office No. Office No.304,305 & 306, 3rd Floor, Majestic Plaza, Law Garden, Ellisbridge, Ahmedabad, Gujarat-380006.

Contact Number:1800-266-3201 (Toll Free)

*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

How do lenders determine Personal Loan eligibility?

Lending institutions evaluate numerous factors to determine the eligibility of a Personal Loan. Some of them include CIBIL score, credit report, income stability, existing financial obligations, debt-to-income ratio, loan amount, loan tenure, etc

Is it possible to avail of personal credit without submitting salary slips?

No, it won't be possible to avail of personal credit without submitting the salary slips, as it serves as income proof for a salaried individual. 

What is a Personal Loan EMI Calculator?

A Personal Loan EMI calculator is an online tool designed to help you calculate your monthly loan repayments. You just need to enter the loan amount, tenure, and interest rate to easily calculate your EMIs.