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

Get an Affordable Personal Loan in Nellore

Nellore offers a captivating blend of history, culture, and natural beauty. The city is well known for its mica and gold jewellery. The city’s agricultural activities are driving tremendous growth. Fulfil your needs in Nellore, including debt consolidation, financial emergency or home renovation. Get a collateral-free loan of up to ₹50 Lakh at competitive interest rates with minimal documentation, quick approval, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

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

Personal Loan EMI Calculator

Calculate your monthly payments instantly using our online EMI calculator. Enter the loan amount, interest rate, and loan tenure and get an accurate estimate of 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

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 Nellore

Meet our simple eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Employment: A full-time job at any listed LLP, unlisted public Ltd, PSU, MNC, Central Government, Pvt Ltd, or internally listed company.
  • Experience: A minimum of one year of work experience and one month with current employer
  • Monthly Income: A minimum salary of ₹30,000.

Documents Required for a Personal Loan in Nellore

Provide just a few basic documents:

  • KYC Documents: PAN Card, Aadhaar Card, Driving License, Voter ID or Passport.
  • Address Proof: Rent Agreement, Passport or Electricity Bill.
  • Financial Documents: Bank statements for the last three months.
  • Income Documents: Past 1 month salary slip.
  • Employment Proof: Official mail ID or Employee ID card.

Interest Rate and Charges for a Personal Loan in Nellore

Access quick funds at competitive interest rates and minimal 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 Nellore

  • Travel and vacation  
  • Home renovation 
  • Debt consolidation 
  • Higher education 
  • Wedding expense 
  • Debt consolidation 

Who Can Get a Personal Loan in Nellore

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

Tips for a Successful Personal Loan Application

  • Demonstrate a stable source of income 
  • Check your credit score 
  • Lower your existing debts 
  • Provide accurate information 
  • Reduce your existing debts 

Poonawalla Fincorp Branch Address in Nellore

Poonawalla Fincorp Limited
Address: 4th floor, Sri Chamundeswari Plaza, House no. 24/2/418, Saraswathi Nagar, Dargamitta, Nellore, Andhra Pradesh - 524003
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 maximum amount I can borrow from Poonawalla Fincorp's Personal Loan?

You can get a loan for personal use of up to ₹50 Lakh. However, the sanctioned loan amount may vary based on your income, credit score, and repayment capacity.  

Can salaried professionals obtain a Personal Loan in Nellore?

Yes, salaried doctors, chartered accountants, and company secretaries can access up to ₹50 Lakh at attractive interest rates. 

What types of personal loans does Poonawalla Fincorp offer?

Poonawalla Fincorp offers various personal use loans: 

  • Loan for travel 
  • Loan for medical emergency 
  • Small personal loan 
  • Online Loan for women 
  • Short-term personal loan 
  • Loan for home renovation 
  • Loan for wedding