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

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
12 Months
84 Months

Why Choose Poonawalla Fincorp

Loan Icon High Loan Amount
Interest Rate Icon Affordable
Interest Rate
Collateral icon Collateral-free
Loan
Document Icon Minimal
Documentation
Use Icon No End-use Restrictions
Zero Icon Zero Hidden Charges

Apply for a Personal Loan Online 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

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.

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.

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

  • Paying for higher education
  • Upgrading home appliances
  • Meeting unforeseen medical costs
  • Renovating your home
  • Travelling abroad
  • Funding weddings and other functions
  • Salaried employees
  • Salaried doctors
  • Salaried Company Secretaries
  • Salaried Chartered Accountants
  • 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

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.

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.

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.