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

Get a Personal Loan in Rajahmundry Online

Rajahmundry is known as the ‘Cultural Capital of Andhra Pradesh’. The city is known for its history, culture, tourism industry and agriculture. Meet your fund requirements in this vibrant city with a Personal Loan from Poonawalla Fincorp. From a wedding to higher education, fulfil all your aspirations worry-free with our collateral-free loan of up to ₹50 Lakh. Enjoy competitive interest rates, minimal documentation, quick approval, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High
Loan Amount
Collateral-free
Loan
No End-use
Restrictions
Minimal
Documentation
Flexible Repayment
Tenure
No Hidden
Charges

Personal Loan EMI Calculator

Calculate your EMIs with our easy-to-use EMI calculator. Just enter the loan amount, interest rate, and tenure. Try 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 a Personal Loan in Rajahmundry

Meet our simple eligibility criteria:

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

Documents Required for a Personal Loan in Rajahmundry

Submit just a few mandatory documents:

  • KYC Documents: PAN Card, Aadhaar Card, Voter ID, Driving License, or Passport.
  • Address Proof: Utility bills, passport or rent agreement.
  • Income Documents: Recent salary slip for the last 1 month.
  • Financial Documents: Bank statements for the last 3 months.
  • Employment Proof: Official email ID or employee ID card.​

Interest Rate and Charges for a Personal Loan in Rajahmundry

We offer competitive interest rates and nominal charges on our loan:

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 Rajahmundry

  • Home renovation or remodelling 
  • Consolidating debt 
  • Financing travel plans 
  • Funding emergencies 
  • Funding wedding ceremonies 
  • Paying for higher education 

Who Can Get a Personal Loan in Rajahmundry

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

Tips for a Successful Personal Loan Application

  • Have all required documents ready 
  • Check your credit score 
  • Verify your eligibility  
  • Provide accurate and complete information  
  • Avoid multiple loan applications 
  • Reduce existing debts  

Poonawalla Fincorp Branch Address in Rajahmundry

Poonawalla Fincorp Limited
Address: 36-7-14, 2nd Floor, Konduri Square, Konduri Street, Innespeta, Rajahmundry, Andhra Pradesh-533102 
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

Is my credit score important when applying for a Personal Loan?

Yes, a credit score is one of the important eligibility criteria. It depicts your creditworthiness and showcases your repayment capabilities. A CIBIL score of 700 and above is considered ideal. 

What is the loan processing fee for a Personal Loan?

Poonawalla Fincorp levies a nominal processing fee of up to 3% on the loan amount. 

What are the repayment options available 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.