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

Get a Collateral-free Personal Loan in Nagaland

Nagaland is known for its diverse tribes, rich cultural heritage, and breathtaking landscapes. It is popular for vibrant festivals, ancient traditions, and stunning natural beauty. Meet your fund requirements in this state with a Personal Loan from Poonawalla Fincorp.

Cover your medical bills, pay higher education fees, fund a wedding, and more with up to ₹50 Lakh. Enjoy competitive interest rates, minimal documentation, quick approval, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan Amount 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 efficiently with our online EMI calculator. Just enter the loan amount, tenure, and interest rate to view the results instantly. 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

Rupees one lakh

Interest Rate

%
9.99 %
30 %

Tenure

Months
12Months
84Months

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.

Get exclusive offers thoughtfully customised just for you

Eligibility Criteria for a Personal Loan in Nagaland

Fulfill our straightforward eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Work Experience: At least 1 year of total work experience, 1 month with the current employer.
  • Employment: Must be employed in an MNC, LLP, private Ltd company or Central Government entity.
  • Monthly Income: Minimum monthly salary of ₹30,000.

Documents Required for a Personal Loan in Nagaland

Submit just a few essential documents::

  • Identity Proof: PAN Card, Voter ID, Aadhaar Card, Passport or Driving License.
  • Address Proof: Passport, Rent Agreement or Electricity Bill.
  • Income Proof: Last 3 months payslips.
  • Financial Documents: Last 3 month’s bank account statements.
  • Employment Proof: Official mail ID or Employee ID card.

Interest Rate and Charges for a Personal Loan in Nagaland

We offer loans at competitive interest rates and nominal charges:

Interest Rate
Starting from 9.99%*p.a.
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
0% if paid from own sources
4% if paid from other sources
Default Charges
24% p.a. + taxes
Repayment Instrument Dishonour Charges
₹500 per bounce plus applicable charge
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 Nagaland

  • Higher education
  • Medical emergencies
  • Debt consolidation
  • Home renovation
  • Vacation

Who Can Get a Personal Loan in Nagaland

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

Tips for a Successful Personal Loan Application

  • Meet eligibility criteria
  • Maintain a healthy debt-to-income ratio
  • Review your credit score
  • Disclose all income sources
  • Provide accurate information

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 can I use a Personal Loan for?

A personal use loan can be used to cover any personal fund requirements, including home renovations, travel costs, wedding expenses and medical emergencies, with no end-use restrictions.

What documents are required to avail of a Personal Loan in Trivandrum?

To avail of a loan for personal use, you must submit KYC documents, income proof, financial proof and proof of employment. Check your documents page for further details.

What are the repayment instrument dishonour charges associated with a Personal Loan?

We levy a penalty of ₹500 plus applicable taxes in case of cheque bounce.