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

Get a Hassle-free Personal Loan in Jalandhar

Jalandhar boasts a rich history and a thriving present. It is an industrial centre known as the town of sports. The city is a blend of tradition and modernity. With its strategic location, the city has emerged as a significant commercial and educational hub. Meet your urgent fund requirements in this dynamic city with a Personal Loan in Jalandhar from Poonawalla Fincorp. 

With our tailored loan, you can cover your medical bills, pay higher education fees, fund a wedding, and more. We offer collateral-free personal use loans with no end-use restrictions. Get up to ₹50 Lakh at competitive interest rates with minimal documentation, quick approval, and no hidden charges. Apply now!
 

Why Choose Poonawalla Fincorp

High Loan
Amount
Competitive Interest Rate
Minimal
Paperwork
Flexible Repayment
Tenure
No End-use Restrictions
Zero Hidden
Charges

Personal Loan EMI Calculator

Plan your monthly repayments efficiently with our online EMI calculator. Just enter the loan amount, tenure, and interest rate to view the results 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 Jalandhar

Meet our simple eligibility criteria to qualify:

  • Age: Between 21 and 60 years.
  • Indian: 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 Jalandhar

Submit 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.
  • Address Proof: Utility Bills, Passport or Rent Agreement.
  • Employment Proof: Official mail ID or Employee ID card.
  • Financial Documents: Bank statements for the last 3 months.

Interest Rate and Charges for a Personal Loan in Jalandhar

We offer loans for personal use 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 Jalandhar

  • Higher education
  • Medical emergencies
  • Debt consolidation
  • Home renovation
  • Vacation

Who Can Get a Personal Loan in Jalandhar

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

Tips for a Successful Personal Loan Application

  • Check eligibility criteria
  • Maintain a healthy debt-to-income ratio
  • Review your credit score
  • Disclose all income sources
  • Provide accurate information

Poonawalla Fincorp’s Branch Address in Jalandhar

Poonawalla Fincorp Limited
Address: Ground Floor, SCO-3, Opp C D office, Puda complex, Jalandhar, Punjab-144001
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 documents are required to avail of a Personal Loan in Jalandhar?

To avail of a loan for personal use, you must submit KYC documents, income proof, financial proof and proof of employment. Check our documents page for further details.

What are the repayment instrument dishonour charges associated with a Personal Loan?

We levy a penalty of ₹500 plus applicable taxes in case of cheque bounce.

Can a self-employed individual apply for a Personal Loan with Poonawalla Fincorp?

Unfortunately, no. To avail of a loan for personal use, you must be salaried individually with a minimum monthly salary of ₹30,000 and have 1 year of work experience.