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

Get a Collateral-free Personal Loan in Ranchi

Ranchi, the vibrant city of waterfalls, is renowned for its rich heritage and cultural traditions. Fund your needs in this beautiful city with a Personal Loan from Poonawalla Fincorp.

Access up to ₹50 Lakh to pursue higher education, host a grand wedding, renovate your home, or manage urgent expenses. Enjoy benefits like attractive interest rates, flexible repayment terms, fast approval, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
No End-use
Restrictions
Competitive
Interest Rate
Flexible Loan Tenure
Minimal
Documentation
Zero Hidden
Charges

Personal Loan EMI Calculator

Check your monthly repayments with our online EMI calculator. Just enter the loan amount, tenure and interest rates to get instant results. 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

Rupees one lakh

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, 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 Ranchi

Meet our simple and straightforward eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian citizen.
  • Employment: Full-time job with a government entity, public/private limited company, LLP, educational institution, or a company approved by Poonawalla Fincorp.
  • Work Experience: Minimum 1 year, with at least 1 month in the current job.
  • Monthly Income: Minimum ₹30,000 per month.

Documents Required for a Personal Loan in Ranchi

Submit a few necessary documents:

  • Address Proof: Utility Bills, Passport, or Rent Agreement.
  • KYC Documents: Aadhaar Card, PAN Card, Voter ID, Driving License, or Passport.
  • Employment Proof: Official Email ID or Employee ID card.
  • Financial Documents: Bank statements for the last 3 months.
  • Income Proof: Salary slips for the last 3 months.

Interest Rate and Charges for a Personal Loan in Ranchi

Benefit from our 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
0% if paid from own sources
4% if paid from other sources
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 Ranchi

  • Purchasing a new phone
  • Hosting your dream wedding
  • Furnishing you home
  • Funding trips

Who Can Get a Personal Loan in Ranchi

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

Tips for a Successful Personal Loan Application

  • Monitor your credit report for inaccuracies
  • Maintain a credit utilisation ratio below 30%
  • Demonstrate income and employment stability
  • Keep your credit score above 750
  • Apply for an amount within your repayment capacity
  • Reduce your debt-to-income ratio before applying

Poonawalla Fincorp Branch Address in Ranchi

Poonawalla Fincorp Limited

Address: Office No.401, 4th Floor, Samriddhi Square, Kishoreganj Chowk, Ranchi, Jharkhand – 834001

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

What is the interest rate for a Personal Loan from Poonawalla Fincorp?

The interest rate for a Personal Loan from Poonawalla Fincorp starts at 9.99%*p.a. our competitive interest rates help you manage your loan repayment efficiently.

What documents are required to apply for a Personal Loan?

You need to submit the following documents to get a loan for personal use:

  •  Address Proof: Utility Bills, Passport, or Rent Agreement
  •  KYC Documents: Aadhaar Card, PAN Card, Voter ID, Driving License, or Passport
  •  Employment Proof: Official Email ID or Employee ID Card
  •  Financial Documents: Bank statements for the last 3 months
  •  Income Proof: Salary slips for the last 3 months
Who is eligible to apply for a Personal Loan from Poonawalla Fincorp?

The applicants who meet the following eligibility criteria are eligible to apply for a Personal Loan:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Employment: Full-time job with a government entity, public/private limited company, LLP, educational institution, or a company approved by Poonawalla Fincorp.
  • Work Experience: Minimum 1 year, with at least 1 month in the current job.
  • Monthly Income: Minimum ₹30,000 per month.