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

Get a Personal Loan in Odisha Online

Odisha, the Land of Temples and Beaches, is known for its beaches, wildlife sanctuaries, and tribal culture. The state offers a unique blend of history, nature, and spirituality. Meet your fund requirements in this state with a Personal Loan from Poonawalla Fincorp.

Pay for vacations, weddings, higher education, medical emergencies, or any other personal needs with our loan. We offer a collateral-free loan of up to ₹50 Lakh with no end-use restrictions. Benefit from attractive interest rates, minimal documentation, quick approval, and no hidden charges. 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

Calculate your EMIs instantly with our online EMI calculator. Just enter the loan amount, interest rate, and tenure. 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

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 Odisha

Meet our simple eligibility criteria to qualify:

  • Age: Between 21 to 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 Odisha

Submit the essential documents for a seamless application process:

  • Identity Proof: PAN Card, Voter ID, Aadhaar Card, Passport or Driving License.
  • Address Proof: Passport, Rent Agreement or Electricity Bill.
  • Income Proof: Last 1 month pay slip.
  • 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 Odisha

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 month
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 charges
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 Odisha

  • Paying for higher education
  • Upgrading home appliances
  • Meeting unforeseen medical costs
  • Renovating your home
  • Travelling abroad
  • Funding weddings and other functions

Who Can Get a Personal Loan in Odisha

  • Salaried employees
  • Salaried doctors
  • Salaried Company Secretaries
  • Salaried Chartered Accountants

Tips for a Successful Personal Loan Application

  • Check the eligibility criteria
  • Review your credit score
  • Fill the application form correctly
  • Avoid multiple loan applications
  • Clear your outstanding debts
  • Disclose all income sources

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

Do I have to pledge collateral to opt for a ₹50 Lakh Personal Loan with Poonawalla Fincorp?

No. Poonawalla Fincorp offers a collateral-free personal use loan. However, the approved loan amount may vary based on your credit score, eligibility, income, and our internal policy.

Can I pay for home appliances with a Personal Loan in Odisha?

Yes, you can use our Personal Loan in Odisha to pay for your home appliances. We offer a personal use loan of up to ₹50 Lakh with no end-use restrictions.

How do I calculate my Personal Loan EMIs?

You can calculate your loan EMIs in just a few clicks using our online EMI calculator. Just enter the loan amount, interest rate, and tenure to know your monthly repayments. You can also try different values to choose the EMI amount that suits your monthly budget.