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 Panipat

Simplify your financial journey in Panipat, a city steeped in history and significance, with a Personal Loan. At Poonawalla Fincorp, we offer a hassle-free financial solution tailored to your needs. Get a high loan amount of up to ₹50 Lakh at competitive interest rates with no end-use restrictions. Benefit from online application, minimal documentation, flexible repayment tenure, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
Attractive
Interest Rate
Unsecured Loan
Minimal Documentation
No End-use Restrictions
No Hidden Charges

Personal Loan EMI Calculator

Plan your monthly repayments with our online EMI calculator. Just enter the loan amount, interest rate, and tenure to know your EMIs. 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

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 Panipat

Meet our simple and 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 Panipat

Submit a few necessary documents:

  • Identify Proof: PAN Card, Passport, Driving License, Voter ID or Aadhaar Card.
  • Address Proof: Electricity Bill, Passport or Rent Agreement.
  • Income Documents: Pay slip for the last 1 month.
  • Proof of Employment: Official mail ID or employee ID card.
  • Financial Documents: Last 3 months' bank statement.

Interest Rate and Charges for a Personal Loan in Panipat

We offer loans for personal use at competitive interest rates and nominal 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 Panipat

  • Funding higher education costs
  • Covering medical emergencies
  • Remodelling home
  • Consolidating debts
  • Funding a wedding

Who Can Get a Personal Loan in Panipat

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

Tips for a Successful Personal Loan Application

  • Avoid filing multiple loan applications
  • Keep all the required documents handy
  • Ensure you have a stable source of income
  • Review your credit score

Poonawalla Fincorp Branch Address in Panipat

Poonawalla Fincorp Limited
Address: 2nd Floor, SCO 32, sector 11, Panipat, Haryana-132103
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)

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

Can I prepay my Personal Loan with Poonawalla Fincorp?

Yes, you can easily prepay your loan at no extra charge if you paid from own sources. However, a 4% foreclosure charge is applicable if paid from other sources.

What are the consequences of missing an EMI payment on my Personal Loan?

Missing a monthly repayment may impact your credit score. A default fee of 24% p.a. + taxes is levied on missed payments.

What is the minimum Personal Loan EMI amount I can pay?

For a Personal Loan amount of ₹1 Lakh from Poonawalla Fincorp, an annual interest rate of 9.99%* and a repayment term of 60 months, the minimum EMI would be ₹2,124. This means that for every ₹1 Lakh borrowed at a 9.99%* p.a. interest rate, the minimum EMI is ₹2,124.