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

Personal Loan EMI Calculator

Use our EMI calculator to know your monthly payments. Just enter the loan amount, interest rate and tenure. 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
12 Months
84 Months

Why Choose Poonawalla Fincorp

collateral icon No Collateral
Required
Quick icon Quick
Approval
Zero Icon No Hidden
Charges
Use icon No End-use
Restrictions
Interest Rate Icon Competitive
Interest Rate
Document Icon Minimal
Documentation

Apply for a Personal Loan Online 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

Fulfil our simple eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian citizen.
  • 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.

Submit just a few documents:

  • KYC Documents: Driving License, Aadhaar Card, PAN Card, Passport or Voter ID.
  • Income Proof: Salary slip for the last 1 month and bank statements for the last 3 months.
  • Employment Proof: Utility Bills, Passport or Rent Agreement.
  • Address Proof: Official mail ID or Employee ID card.

Benefit from our competitive 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
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

  • Renovate your home
  • Cover your education costs
  • Pay for emergency medical expenses
  • Finance marriage-related expenses
  • Consolidate existing debt
     
  • Salaried Individuals
  • Salaried Doctors
  • Salaried Chartered Accountants
  • Salaried Company Secretaries
  • Check the eligibility criteria
  • Understand the terms and conditions 
  • Check your credit score
  • Decide the loan amount based on your requirements
  • Keep all necessary documents ready 
  • Avoid submitting multiple loan applications
     

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

The following factors influence your eligibility:

  • Credit score
  • Monthly income
  • Employment stability
  • Debt-to-income ratio
  • Existing financial obligations
  • Repayment capacity

Yes, you can prepay Poonawalla Fincorp's Personal Loan easily without paying any foreclosure charges if paid from your own sources. A 4% foreclosure charge is applicable when you prepay the loan using funds from other sources. 

If you default on your EMI, a late payment fee of 24% p.a. will be charged on the overdue amount. You should set reminders to avoid late payments, which may lead to additional costs and reduced credit score.