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

Get a Hassle-free Personal Loan in Pathankot

Pathankot, known for its vibrant culture and rich history, offers a unique charm and plenty of opportunities. Fulfil your aspirations as a resident of this city by financing both your immediate needs and long-term goals with a Personal Loan in Pathankot. Get up to ₹50 Lakh at attractive interest rates with hassle-free online application, minimal documentation, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan Amount
No Collateral
Required
Competitive
Interest Rate
No End-use
Restrictions
Minimal Paperwork
Extended Loan Tenure

Personal Loan EMI Calculator

Determine your payable monthly instalments with our easy-to-use EMI calculator. Just enter the loan amount, interest rate, and tenure. 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 Pathankot

Meet our simple eligibility criteria to qualify:

  • 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 Pathankot

Submit just a few essential documents:

  • KYC Documents: PAN Card, Aadhaar Card, Driving License, Voter ID and Passport.
  • Address Proof: Rent Agreement, Passport or Electricity Bill.
  • Financial Documents: Bank statements for the last 3 months.
  • Income Documents: Last 1 month salary slip.
  • Employment Verification: Official mail or Employee ID card.

Interest Rate and Charges for a Personal Loan in Pathankot

We offer loans 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 Pathankot

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

Who Can Get a Personal Loan in Pathankot

  • 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
  • Fill the application correctly
  • Reduce existing debts

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 get a Personal Loan without collateral?

Yes, you can get collateral-free personal use loans from Poonawalla Fincorp. Get up to ₹50 Lakh with no end-use restrictions.

What is the maximum repayment tenure I can avail on a Personal Loan?

The maximum tenure that you can avail on a Personal Loan from Poonawalla Fincorp is 84 months and the minimum is 12 months. Choose a repayment tenure based on your convenience.

What are the repayment options for a Personal Loan?

The repayment options include EMIs, prepayment, and foreclosure. The EMIs are determined based on your loan amount, interest rate, and tenure. With Poonawalla Fincorp, you can foreclose the loan before the end of your loan tenure at no extra cost if paid from own sources. However, if paid from other sources, a 4% foreclosure fee is applicable.