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

Avail of a Collateral-free Personal Loan in Jabalpur

Jabalpur is a promising industrial hub in Madhya Pradesh with numerous opportunities. Get quick financial aid with a Personal Loan in Jabalpur to fulfil all your urgent monetary needs with zero hidden charges and competitive interest rates. Secure up to ₹50 Lakh from Poonawalla Fincorp through a digitised application process, minimal paperwork, and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

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

Personal Loan EMI Calculator

Use our online loan EMI calculator to calculate your monthly repayments. Enter your loan amount, tenure and interest rate to view your monthly outgo instantly. 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 Jabalpur

Meet our simple eligibility criteria to qualify:

  • 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 per month.

Documents Required for a Personal Loan in Jabalpur

Submit a just 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 Jabalpur

Get the loan at competitive 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 in Jabalpur

  • Renovating home 
  • Financing a dream vacation  
  • Covering medical emergencies 
  • Purchasing latest home appliances 
  • Funding higher education 

Who Can Get a Personal Loan in Jabalpur

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

Tips for a Successful Personal Loan Application

  • Boost your credit score  
  • Submit complete and accurate paperwork  
  • Calculate your monthly instalments  
  • Avoid multiple loan applications 
  • Ensure your credit report is error-free 

Poonawalla Fincorp’s Branch Address in Jabalpur

Poonawalla Fincorp Limited

Address: 849-C, 1st Floor, Manas Nandani, Manas Bhawan Square, Opposite To Smart City Office, Wright Town, Jabalpur, Madhya Pradesh-482002 

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

1. What is the Personal Loan calculator used for?

A Personal Loan EMI calculator is a convenient online tool that helps you estimate your loan EMIs. Simply enter the loan amount, tenure, and interest rate, and you will get instant results. 

2. What is the processing fee for a Personal Loan?

A processing fee of 3% plus applicable taxes is charged on the loan sanction amount.  

3. Do I need to provide collateral to avail of a Personal Loan?

No, you do not need to provide any collateral or security for a Personal Loan from Poonawalla Fincorp. Our loans are collateral-free and designed to help you achieve your financial goals quickly and easily without pledging any assets.