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

Get a Quick and Easy Personal Loan in Patiala

Patiala, the ‘Royal City’ of Punjab, is recognized for its excellence in handicrafts, suits, footwear, hair-tying cords and waist cords. Fulfil your goals and maintain your desired lifestyle in this beautiful city with a Personal Loan from Poonawalla Fincorp. Meet unexpected expenses with minimal documentation, no hidden charges and quick approval. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
Collateral-free
Loan
Minimal Documentation
Quick
Approval
Competitive
Interest Rate
100% Digital
Application

Personal Loan EMI Calculator

Use our EMI calculator to estimate your future monthly obligations instantly. Plan your finances seamlessly by entering the loan amount, tenure, and interest rates. 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

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 Personal Loan in Patiala

Cover your needs immediately by fulfilling our loan eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Employment: A full-time job at any LLP, PSU, MNC, Central Government, Pvt. Ltd., listed, unlisted public Ltd. or internally listed company.
  • Monthly Income: A minimum of ₹30,000 per month.
  • Experience: A minimum of 1 year of work experience and 1 month with current employer.

Documents Required for a Personal Loan in Patiala

Submit only a few basic necessary documents to attend to your urgent financial requirements:

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

Interest Rate and Charges for a Personal Loan in Patiala

Get our Personal Loan at competitive interest rates and lower additional 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 Patiala

  • Higher education
  • Travel
  • Medical bills
  • Debt consolidation

Tips for a Successful Personal Loan Application

  • Check your credit score beforehand.
  • Calculate the loan amount you require.
  • Check the eligibility criteria of the lender
  • Keep documents handy.
  • Provide accurate information.

Poonawalla Fincorp Branch Address in Patiala

Poonawalla Fincorp Limited  

Address: Ground Floor, Plot/SCO 134, Choti Baradari, Patiala, Punjab-147001 

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

How do I calculate EMIs on a Personal Loan?

You can calculate your monthly repayments right away with Poonawalla Fincorp's Personal Loan EMI calculator. Follow these steps to know your EMIs instantly:

Step 1: Visit Poonawalla Fincorp’s official website, click on ‘EMI Calculator'.

Step 2: Enter the loan amount, tenure and interest rate.

Step 3: Click on ‘Submit’ to obtain instant results.

What are the uses of Poonawalla Fincorp's Personal Loan?

Poonawalla Fincorp's Personal Loan is multi-purpose and has no end usage restrictions. This means you can use the loan amount for a wedding, travel, pay medical bills or child's tuition fees - finance every expense hassle-free.

Are there any hidden charges on Poonawalla Fincorp's Personal Loan?

No, at Poonawalla Fincorp, we ensure 100% cost transparency for our valuable clients. The cost structure is communicated throughout the borrowing journey, ensuring there are no hidden charges.