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

Get a Personal Loan in Kottayam Online

Manage a range of expenses easily with a Personal Loan in Kottayam - from travelling to education fees and medical bills. Get up to ₹50 Lakh at competitive interest rates. Benefit from minimal documentation, digital application process and quick approvals with Poonawalla Fincorp's personal use loan. Ensure financial security today - Apply now!

Why Choose Poonawalla Fincorp

High
Loan Amount
Affordable Interest
Rate
Collateral-free
Loan
Minimal
Documentation
No End-use
Restrictions
Zero Hidden
Charges

Personal Loan EMI Calculator

Plan your monthly repayments in an instant using our online EMI calculator. Just enter the loan amount, interest rate, and tenure. 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 Kottayam

Meet 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 Kottayam

Submit just the essential documents:

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

Interest Rate and Charges for a Personal Loan in Kottayam

Poonawalla Fincorp offers loans 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 Kottayam

  • Destination wedding 
  • Education expenses 
  • Medical expenses 
  • Big-ticket purchases 
  • Debt restructuring  
  • Emergency funds 

Who Can Get a Personal Loan in Kottayam

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

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 Address in Kottayam

Poonawalla Fincorp Limited
Address: 1st floor, Vetteel Estate, Kanjikuzhy, Kottayam, Kerala-686004  
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 the minimum income required to apply for a Personal Loan in Kottayam?

To apply for a personal use loan, you must have a minimum monthly income of ₹30,000. 

What documents are needed to apply for a Personal Loan?

You must submit the following 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 Verification: Official mail ID or employee ID card. 
How can I apply for a Personal Loan with Poonawalla Fincorp?

To apply for personal credit, you can either visit our Kottayam branch or apply online 3 easy steps: 

Step 1: Click on "Apply Now". 

Step 2: Fill out the application form. 

Step 3: Upload the necessary documents. 

Upon verification, the loan amount will be credited to your bank account.