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

Get Quick Approval on a Personal Loan in Kozhikode

Kozhikode is a city with a rich history and cultural heritage. It also has a flourishing business environment with several industrial units in IT, timber, export, etc. Manage your personal fund requirements like planning a major purchase, managing unexpected expenses or consolidating existing debt with a Personal Loan in Kozhikode.

Get a loan of up to ₹50 Lakh from Poonawalla Fincorp with no-end use restrictions. Benefit from our competitive interest rates, online application process, minimal paperwork and swift approval. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
Simple
Documentation
Affordable Interest
Rate
No Collateral
Required
Quick
Approval
Zero Hidden
Charges

Personal Loan EMI Calculator

Empower your financial decisions with Poonawalla Fincorp’s EMI calculator. Plan your monthly budget to embark on a journey to financial flexibility.

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 Kozhikode

Meet 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 Kozhikode

Submit a few documents to ensure a smooth application process:

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

Note: The list of documents mentioned above is indicative. You may need to submit additional documents during the loan processing stage.

Interest Rate and Charges for a Personal Loan in Kozhikode

We offer a personal use loan 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 Kozhikode

  • Consolidate existing debt
  • Opt for higher studies
  • Carry out home renovation
  • Take a vacation
  • Purchase consumer durables
  • Cover emergency medical expenses

Who Can Get a Personal Loan in Kozhikode

  • Salaried Individuals
  • Salaried Chartered Accountants
  • Salaried Company Secretaries
  • Salaried Doctors

Tips for a Successful Personal Loan Application

  • Understand the eligibility requirements
  • Check your credit score
  • Lower your debt-to-income ratio
  • Keep the necessary documents ready
  • Avoid multiple loan applications

Poonawalla Fincorp Branch Address in Kozhikode 

Poonawalla Fincorp Limited  

Address: 1st Floor, Trinity Arcade, Kannur Road, Near ESAF Bank, West Nadakkavu, Kozhikode, Kerala - 673011 

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 are the eligibility criteria for qualifying for a Personal Loan?

The basic eligibility criteria for a Personal Loan from Poonawalla Fincorp include: 

  • The loan applicant should be aged between 21 and 60 years. 
  • The applicant should be an Indian citizen. 
  • The individual should have a full-time job at a private or public sector organisation. 
  • Minimum work experience should be 1 year with at least 1 month at current job. 
  • Net monthly salary must be at least ₹30,000 per month. 
How can I use the EMI Calculator to compute the EMI of your Personal Loan?

 To use the Personal Loan EMI calculator, follow these steps: 

Step 1: Enter the loan amount you wish to borrow 

Step 2: Select the loan tenure 

Step 3: Input the interest rate 

The calculator will instantly display the EMI value. 

What is the repayment tenure for Poonawalla Fincorp's Personal Loan?

The repayment tenure for Poonawalla Fincorp's Personal Loan ranges from 12 to 84 months. Choose a tenure according to your repayment capability.