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

Get a Quick Personal Loan in Raigarh

Raigarh is known as the ‘Cultural Capital of Chhattisgarh’ for its historical cultural activities. This small city is gaining popularity as an industrial hub. Meet your urgent fund requirements in this city with a Personal Loan from Poonawalla Fincorp.

From wedding expenses to higher education costs, meet all your personal expenses with this loan. Get a collateral-free loan of up to ₹50 Lakh at competitive interest rates with minimal documentation, quick approval, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan Amount
Collateral-free
Loan
Affordable Interest
Rate
Minimal
Documentation
Hassle-free
Online Application
Flexible Repayment
Tenure

Personal Loan EMI Calculator

Calculate your monthly repayments seamlessly using our online EMI calculator. Enter an interest rate, loan amount and tenure to determine the EMI amount. Try it 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 Raigarh

Meet our simple eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Income: Minimum monthly salary of ₹30,000.
  • Employment: Full-time employment with a private or public limited company.
  • Work Experience: Minimum 1 year, with 1 month in the current company.

Documents Required for a Personal Loan in Raigarh

Skip the hefty paperwork and submit just the mandatory documents:

  • KYC Documents: PAN Card, Aadhaar Card, Voter ID, Driving License, or Passport.
  • Address Proof: Utility Bills, Passport or Rent Agreement.
  • Income Documents: Past 1 month salary slip.
  • Financial Statements: Bank statement for the last 3 months.
  • Employment Proof: Official email ID or employee ID card.

Interest Rate and Charges for a Personal Loan in Raigarh

Avail of the loan 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 Raigarh

  • Home renovation 
  • Dream vacation 
  • Wedding expenses 
  • Emergency fund 
  • Medical expenses 
  • Debt consolidation 

Who Can Get a Personal Loan in Raigarh

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

Tips for a Successful Personal Loan Application

  • Check your credit score 
  • Submit all necessary documents 
  • Ensure you meet the eligibility criteria 
  • Avoid multiple applications 
  • Reduce your 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

What is the work experience requirement for a Personal Loan in Raigarh?

To be eligible, you must have at least 1 year of overall work experience, including a minimum of 1 month with your current employer and a monthly salary of a minimum ₹ 30,000. 

Can I get a Personal Loan without salary slips?

No, to apply for a personal use loan you must submit your past 3 months salary slips as employment proof. 

Do I need to provide collateral for a Personal Loan?

No, Poonawalla Fincorp offers collateral-free personal use loans. You do not need to pledge any asset as collateral.