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

Get a Personal Loan in Karnataka in Minutes

Karnataka is a vibrant state with a captivating blend of heritage, modernity, and natural beauty. It is one of the prominent tourist hubs in India. Meet your fund requirements in this state with a Personal Loan in Karnataka from Poonawalla Fincorp.

From medical emergencies to weddings, meet all your unique personal needs with our loan. Benefit from high loan amounts, attractive interest rates, online application, swift disbursal, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

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

Personal Loan EMI Calculator

Calculate your monthly repayments easily with our online EMI calculator. Just enter the loan amount, tenure, and interest rate. 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

Rupees one lakh

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, 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 Karnataka

Fulfil our simple and straightforward eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Monthly Salary: At least ₹30,000.
  • Employment: Full-time employment with a private or public limited company.
  • Work Experience: Minimum 1 year, with 1 month in the current company.

Documents Required for a Personal Loan in Karnataka

Submit just a few essential documents:

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

Interest Rate and Charges for a Personal Loan in Karnataka

Access loans at competitive interest rates and minimal 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 Karnataka

  • Home renovation
  • Higher education
  • Hospital bills
  • Travel expenses
  • Wedding costs
  • Buying the latest gadgets

Tips for a Successful Personal Loan Application

  • Check your credit score
  • Review the eligibility criteria
  • Prepare all the required documents
  • Maintain a low debt-to-income ratio

Poonawalla Fincorp Branch Addresses in Karnataka

Poonawalla Fincorp’s Bangalore Branch
Address: 2nd Floor, HM Tower, J. C. Road, Minerva Circle, Bengaluru, Karnataka - 560002
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Hubli Branch
Address: 2nd Floor, Kulburgi-Mahalakshmi Mansion, New Cotton Market, Hubli-580029
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Mangalore Branch
Address: Shop No. 9, Yenepoya Shopping Gallary, Near Karnataka Bank, Kodiyal Bail, Mangalore, Karnataka-575003
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Mysore Branch
Address:2nd Floor, House No.53, 53/1, 53/2, 53/3, 53/4, 53/5, 5th Main, 5th Cross, Saraswathipuram,Chamaraja Mohalla, Mysore, Karnataka - 570009
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

What is a Personal Loan?

It is an unsecured loan provided by financial institutions that can be used for various personal expenses, such as home renovations, medical bills, or debt consolidation. This financial service enables you to secure funding without any collateral, and the loan amount sanctioned is based on your creditworthiness.

How can I get instantly approved for a Personal Loan?

To get instantly approved for a Personal Loan with Poonawalla Fincorp, follow these few straightforward steps:

  • Have a good credit score of 750 and above.
  • Check your eligibility criteria.
  • Gather necessary documents.
  • Fill out the application form correctly.
  • Disclose all income sources.
What are the benefits of taking a Personal Loan?

The benefits of a personal use loan include:

  • High loan amount
  • Attractive interest rates
  • No end-use restrictions
  • Collateral-free loan
  • Online application
  • Minimal documentation
  • Quick approval
  • Flexible repayment tenure
  • No hidden charges
  • Zero foreclosure charges