Get a Hassle-free Personal Loan in Mysore
Mysore is a thriving city in Karnataka known for its rapid development and growing economy. Fund your diverse financial needs in this city easily with a Personal Loan from Poonawalla Fincorp. Avail of collateral-free funds of up to ₹50 Lakh for several purposes like wedding, higher education, debt consolidation, home renovation, etc. Apply online with minimal documentation and fast approval. Get started!
Why Choose Poonawalla Fincorp
Personal Loan EMI Calculator
Plan your monthly repayments with our free online EMI calculator. Simply enter your loan amount, repayment period, and interest rate to get an instant estimate of your EMIs. Calculate now!
Apply for a Personal Loan in Just 3 Steps
Click on “Apply Now”
Tap the “Apply Now”button to initiate your application.
Enter Details
Enter your DOB, PAN card number, monthly income, and residential details.
Upload Documents
Upload the necessary documents for quicker approval.
On successful verification, the loan amount will be disbursed into your bank account instantly.
Eligibility Criteria for a Personal Loan in Mysore
Meet our simple eligibility criteria:
- Age: Between 21 and 60 years.
- Citizenship: Indian.
- Employment: Full-time job with a government entity, public/private limited company, LLP, educational institution, or a company approved by Poonawalla Fincorp.
- Work Experience: Minimum 1 year, with at least 1 month in the current job.
- Monthly Income: Minimum ₹30,000 per month.
Documents Required for a Personal Loan in Mysore
Submit just a few essential documents:
- Address Proof: Utility Bills, Passport, or Rent Agreement.
- KYC Documents: Aadhaar Card, PAN Card, Voter ID, Driving License, or Passport.
- Employment Proof: Official Email ID or Employee ID Card.
- Financial Documents: Bank statement for the last 3 months.
- Income Proof: Salary slips for the last 3 months.
Interest Rate and Charges for a Personal Loan in Mysore
Benefit from competitive interest rates and minimal charges:
4% if paid from other sources
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 Mysore
- Consolidating multiple loans
- Purchasing high-value products
- Refurbishing your home
- Handling medical emergencies
- Funding higher education
- Covering wedding expenses
- Financing travel plans
Who Can Get a Personal Loan in Mysore
- Salaried individuals
- Salaried doctors
- Salaried Chartered Accountants
- Salaried Company Secretaries
Tips for a Successful Personal Loan Application
- Gather all the essential documents
- Maintain a credit score of 750 or above
- Plan a strategy to ensure timely repayments
- Keep your credit utilisation ratio below 30%
- Avoid making multiple loan applications
- Read and understand the loan agreement
Poonawalla Fincorp’s Branch Address in Mysore
Poonawalla Fincorp Limited
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.)
Happy Customers, Happy Us


I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.


Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!


Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.


I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!


A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.


I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.


I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.
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Frequently Asked Questions
Loan eligibility is determined based on factors such as your CIBIL score, income, existing debts, employment stability, and repayment capacity. Click to know more about the eligibility criteria in detail.
Poonawalla Fincorp does not charge any prepayment penalties if you prepay the loan from your own sources. However, a 4% fee is charged if you prepay the loan from other sources.
You can get up to ₹50 Lakh with a loan for personal use from Poonawalla Fincorp. However, the loan amount may vary depending on your creditworthiness and financial profile.