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

Get a Quick Personal Loan in Kannur

Kannur is referred to as the ‘Crown of Kerala’ for its natural treasures. It is known for its rich cultural heritage and rapid development. Cover all your big-ticket expenses such as higher education, overseas vacation, destination wedding, etc., with a Personal Loan in Kannur from Poonawalla Fincorp.

Get a collateral-free loan of up to ₹50 Lakh with no end-use restrictions. Benefit from attractive interest rates, online application, minimal paperwork, flexible repayment tenure, no hidden charges, and zero foreclosure charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
Collateral-free
Loan
No End-use
Restrictions
Attractive Interest
Rate
Minimal
Documentation
Flexible Repayment
Tenure

Personal Loan EMI Calculator

Determine your monthly repayments with our user-friendly EMI calculator. Just enter the loan amount, tenure, and interest. 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 Kannur

Qualify for our loan by meeting a simple eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Employment Type: A full-time job at any listed, LLP, unlisted public Ltd, PSU, MNC, Central Government, Pvt Ltd, or internally listed company
  • Work Experience: A minimum of one year of work experience and one month with current employer
  • Monthly Income: A minimum salary of ₹30,000.

Documents Required for a Personal Loan in Kannur

Submit just the necessary documents:

  • KYC Documents: PAN Card, Aadhaar Card, Driving License, Voter ID or Passport.
  • Address Proof: Rent Agreement, Passport or Electricity Bill.
  • Income Documents: Latest 3 months' salary slips.
  • Financial Documents: Bank statements for the last 3 months.
  • Employment Verification: Official mail or employee ID card.

Interest Rate and Charges for a Personal Loan in Kannur

We offer personal use loans at attractive 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
0% if paid from own sources
4% if paid from other sources
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 Kannur

  • Vacation and travel
  • Home renovation
  • Appliance purchase
  • Higher education
     

Who Can Get a Personal Loan in Kannur

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

Tips for a Successful Personal Loan Application

  • Avoid filing multiple loan applications
  • Keep all the required documents handy
  • Ensure you have a stable source of income
  • Review your credit score
     

Poonawalla Fincorp Branch Address in Kannur

Poonawalla Fincorp Limited

Address: 2nd Floor, J.R.Complex, Talap Road, Kannur, Kerala-670004

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

How do I improve my credit score for a Personal Loan?

You can improve your credit score over time by following these tips:

  • Repay your bills on time
  • Maintain a healthy credit mix
  • Keep your credit utilisation low
  • Avoid multiple credit applications
  • Review your credit report regularly
     
What is the lowest credit score I can have to avail a Personal Loan?

You must have a minimum credit score of 700 for easy loan approval. It allows you to avail of a loan with favourable loan terms.

Can I use a Personal Loan to book flight tickets for a vacation?

Yes, you can use the loan amount for flight booking or any other vacation-related expenses. Get up to ₹50 Lakh and benefit from competitive interest rates, an online application, minimal paperwork, zero hidden charges, and zero foreclosure charges.