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

Fulfil Your Dreams with a Personal Loan in Sambalpur

Sambalpur, known for its history and culture, is a treasure trove of traditional handicrafts and rich heritage. Fulfil your dreams and meet your emergency fund requirements in this city with a Personal Loan from Poonawalla Fincorp. Get up to ₹50 Lakh at competitive interest rates with minimal documentation, quick approval, flexible repayment tenure, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan Amount
Attractive
Interest Rate
No End-use
Restrictions
No Collateral
Required
Minimal
Paperwork
Flexible Repayment Tenure

Personal Loan EMI Calculator

Calculate your monthly repayments easily with our online EMI calculator. Just enter the loan amount, tenure, and interest rate. 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

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 Sambalpur

Fulfil our simple and straightforward eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Monthly Salary: At least ₹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 Sambalpur

Submit just a few essential documents:

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

Interest Rate and Charges for a Personal Loan in Sambalpur

Access loans at competitive interest rates and minimal 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 Sambalpur

  • Home renovation 
  • Higher education 
  • Hospital bills 
  • Travel expenses 
  • Wedding costs 
  • Buying the latest gadgets 

Who Can Get a Personal Loan in Sambalpur

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

Tips for a Successful Personal Loan Application 

  • Check your credit score  
  • Review the eligibility criteria 
  • Prepare all the required documents 
  • Maintain a low debt-to-income ratio 

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

Which one should I choose - Personal Loan or credit card?

Both personal loans and credit cards have their unique advantages. Opt for a a loan if you require substantial financing for large expenses or long-term goals like education costs or home renovation. On the other hand, get a credit card if you want to pay for shopping and earn reward points.  

When is a good time to apply for a Personal Loan in Sambalpur?

A good time to apply for a Personal Loan is when you require high-value financing for your aspirations or immediate needs.  

How can I get instantly approved for a Personal Loan?

To get instantly approved for a Personal Loan with Poonawalla Fincorp, follow these few straightforward steps: 

  • Have a good credit score of 700 and above. 
  • Check your eligibility criteria. 
  • Gather necessary documents. 
  • Fill out the application form correctly. 
  • Disclose all income sources.