Get a Personal Loan in Punjab Effortlessly
Punjab, known as the ‘Land of Five Rivers’, is a vibrant state rich in history, culture, and agriculture. The state offers a unique blend of history and modern development. Meet your urgent fund requirements in this state with a Personal Loan from Poonawalla Fincorp.
Cover your medical bills, pay higher education fees, fund a wedding, and more with this collateral-free loan. Get up to ₹50 Lakh at competitive interest rates with minimal documentation, quick approval, and no hidden charges. Apply now!
Why Choose Poonawalla Fincorp
Personal Loan EMI Calculator
Determine your monthly loan repayments with our easy-to-use EMI calculator. Just enter the loan amount, interest rate, and tenure to know the EMIs instantly. Calculate now!
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.
Eligibility Criteria for a Personal Loan in Punjab
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 Punjab
Keep mandatory documents ready for a seamless application:
- 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 payslip.
- 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 Punjab
We offer personal use loans at attractive interest rates and nominal charges:
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: 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 Punjab
- Funding vacation
- Hosting wedding ceremonies
- Renovating home
- Covering medical expenses
Who Can Get a Personal Loan in Punjab
- Salaried individuals
- Salaried doctors
- Salaried Chartered Accountants
- Salaried Company Secretaries
Tips for a Successful Personal Loan Application
- Organise all necessary financial documents
- Check your credit score
- Provide accurate details
- Maintain stable employment and income
- Reduce your existing debts
Happy Customers, Happy Us


I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.


Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!


Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.


I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!


A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.


I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.


I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.
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Frequently Asked Questions
If you miss an EMI payment by the due date, a penalty of 24% p.a. + taxes will be charged. Additionally, for each cheque bounce, a penalty of ₹500 plus applicable taxes will be imposed.
You can get approval and disbursement instantly after successful verification and approval.
Unfortunately, no. To avail of a loan for personal use, you must be salaried individually with a minimum monthly salary of ₹30,000 and have one year of work experience.