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

Get a Personal Loan in Hoshiarpur with Poonawalla Fincorp

Hoshiarpur is a city of significant mythological importance in the north Indian state of Punjab. Cradling the shortest route to J&K, this ancient city is also called a gateway to the Himalayas. Numerous places of historical and mythological importance and the cultural mix form the central attractions of Hoshiarpur. Secure funds up to ₹50 Lakh with a Personal Loan in Hoshiarpur from Poonawalla Fincorp.

Easily apply online with minimal documentation for quick approval and fast disbursal of funds. Borrow affordably at competitive interest rates and repay conveniently with flexible EMIs. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
Attractive
Interest Rate
Flexible
Loan Tenure
Minimal
Paperwork
Quick
Approval
No Hidden
Charges

Personal Loan EMI Calculator

Plan your repayment budget effectively with our user-friendly EMI calculator for Personal Loan in Hoshiarpur. Simply enter the desired loan amount, interest rate, and tenure to instantly view the monthly EMI amount. Try it 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

Click on “Apply Now”

Tap the “Apply Now”button to initiate your application.

Enter Details

Enter your DOB, PAN card number, monthly income, and residential details.

Upload Documents

Upload the necessary documents for quicker approval.

Get exclusive offers thoughtfully customised just for you

Eligibility Criteria for Personal Loan in Hoshiarpur

Fulfil our simple eligibility criteria to qualify:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian
  • Work Experience A minimum of 1 year of total experience and 1 month of experience with current employer.
  • Monthly Salary: A minimum of ₹30,000.
  • Employment Status: Full-time job at any Pvt Ltd, listed, unlisted Public Ltd company, LLP, MNC or the Central Government.

Click to know more about eligibility criteria in detail.

Documents Required for Personal Loan in Hoshiarpur

Submit just a few essential documents for a seamless application:

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

Interest Rate and Charges for Personal Loan in Hoshiarpur

Get the loan at attractive interest rate 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

  • Renovate your home
  • Finance your dream wedding
  • Pay for higher studies
  • Cover unexpected medical expenses
  • Fund your travel and vacations
  • Purchase high-value consumer durables

Who Can Get a Personal Loan in Hoshiarpur

  • Salaried Individuals
  • Salaried Chartered Accountants
  • Salaried Doctors
  • Salaried Company Secretaries

Tips for a Successful Personal Loan Application

  • Check the eligibility criteria
  • Maintain low debt-to-income ratio
  • Avoid borrowing more than necessary
  • Read all the terms carefully before applying
  • Keep all loan documents handy

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 can I apply for a Personal Loan in Hoshiarpur?

You can easily apply for a Personal Loan in Hoshiarpur online at the Poonawalla Fincorp website. Simply click on the “Apply Now” button, enter the requisite details and upload the necessary documents to complete your loan application.

How much Personal Loan can I get in Hoshiarpur from Poonawalla Fincorp?

You can secure a Personal Loan of up to ₹50 Lakh in Hoshiarpur from Poonawalla Fincorp. You can also avail of a minimum personal loan amount of ₹1 Lakh based on your needs without any hidden charges

Who is eligible to get a Personal Loan from Poonawalla Fincorp?

Indian citizens aged 21 to 60 years, with at least one year of work experience at a recognised organisation and a minimum monthly salary of ₹30,000, can qualify for a Personal Loan from Poonawalla Fincorp.