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

Get a Personal Loan in Kharagpur Online

Kharagpur has one of the largest railway workshops in India. Its economy is dependent on railways and industries like steel, rice mills, chemicals, etc. Manage your personal needs in the city with a Personal Loan from Poonawalla Fincorp.

Access a collateral-free loan of up to ₹50 Lakh to pay for your education, travel, medical expenses, etc. That’s not all! Avail of the loan with competitive interest rates, minimal documentation, and hassle-free loan approvals. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
Collateral-free
Loan
Swift Approval
Minimal
Documentation
Competitive
Interest Rate
Flexible
Repayment Tenure

Personal Loan EMI Calculator

Use our EMI calculator to know your monthly payments. Enter the loan amount, interest rate, and tenure to instantly calculate your EMIs. 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

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 Kharagpur

Avail of the loan by meeting our simple eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: 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 Kharagpur

Provide a few documents to apply for the loan:

  • 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.

Interest Rate and Charges for a Personal Loan in Kharagpur

Get our loan for personal use 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
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 Kharagpur

  • Pay your tuition fees 
  • Finance your family trips 
  • Renovate your home 
  • Cover your emergency medical costs 
  • Fund your wedding expenses 
  • Consolidate high-interest debts 

Who Can Get a Personal Loan in Kharagpur

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

Tips for a Successful Personal Loan Application

  • Check if you meet the eligibility criteria 
  • Understand the terms and conditions  
  • Check your credit score and repayment history 
  • Decide the loan amount based on your requirements 
  • Keep all loan documents ready  
  • Avoid applying more than once for the loan 

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 the maximum loan amount I can get from a Personal Loan?

The maximum loan amount you can get for a personal credit loan from Poonawalla Fincorp is ₹50 Lakh. However, the loan amount offered depends on factors such as your income, credit score, and repayment capacity.  

How can I improve my chances of getting a Personal Loan?

To improve your chances of availing of a loan for personal use, follow these strategies: 

  • Maintain a good credit score 
  • Provide the necessary documentation 
  • Choose a loan tenure that aligns with your repayment capacity 
How can I calculate EMIs for a Personal Loan?

You can calculate the EMI of a personal credit loan using the following formula: 

E = [P x R x (1+R) N] / [(1+R) (N-1)] 

Where, P = principal loan amount 

R = rate of interest (monthly) 

N = number of monthly instalments (tenure) 

Alternatively, you can use our Personal Loan EMI calculator to know the EMI amount instantly