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 Gwalior

Gwalior, known for its palaces, temples and forts, is home to several industries, including dairy, chemicals and textiles. Meet your personal fund requirements, such as higher education, travel, wedding expenses, medical emergencies, etc., with a Personal Loan in Gwalior.

Avail of a collateral-free loan from Poonawalla Fincorp for a loan amount of up to ₹50 Lakh. Benefit from our competitive interest rates, no-end usage restrictions, minimal paperwork and swift loan approval. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
No Hidden
Charges
No End-use
Restrictions
Flexible
Loan Tenure
Minimal
Paperwork
Attractive Interest Rate

Personal Loan EMI Calculator

Calculate your EMIs easily with our online EMI calculator. Slide the bar to enter the loan amount, tenure and interest rates to compute 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 Gwalior

Fulfil our simple eligibility criteria to qualify:

  • 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.

Documents Required for a Personal Loan in Gwalior

Submit just a few necessary documents:

  • KYC Documents: Driving License, Aadhaar Card, PAN Card, Passport or Voter ID.
  • Income Proof: Salary slip for the last 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 Gwalior

Get a personal use 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
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 Gwalior

  • Cover your education expenses
  • Medical emergencies
  • Pay for your travel/holiday costs
  • Purchase consumer durables
  • Renovate your home

Who Can Avail of a Personal Loan in Gwalior

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

Tips for a Successful Personal Loan Application

  • Check the eligibility criteria before applying
  • Reduce your debt-to-income ratio
  • Check your credit score
  • Keep all loan documents handy
  • Avoid multiple loan applications

Poonawalla Fincorp Branch Address in Gwalior

Poonawalla Fincorp Limited
Address: 4th Floor, Alaknanda Tower, Madhav Rao Sindhia Road, City Centre, Gwalior, Madhya Pradesh-474011
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 minimum credit score I should have to get a Personal Loan?

You must have a minimum credit score of 700 to apply for a Personal Loan. A credit score of 700 and above increases the likelihood of getting loan approval and makes you eligible for favourable loan terms.

Is it possible to acquire a Personal Loan without pledging any collateral?

Yes, a Personal Loan is an unsecured credit facility that enables you to obtain a lump sum amount to fulfil any personal obligations. Hence, you can fund everything from education to travel without having to pledge anything as collateral.

Can a doctor avail of a Personal Loan?

Yes, you can obtain an unsecured loan online from Poonawalla Fincorp as a salaried doctor. Meet our simple eligibility criteria to increase your likelihood of availing of the loan.