Avail of a Personal Loan in Shimoga Seamlessly
Shimoga, officially Shivamogga, is a historical and cultural heritage city of Karnataka. The city is famous for its lush greenery, dams, and waterfalls. Fulfil your financial obligations in this beautiful city with a Personal Loan from Poonawalla Fincorp.
Get a collateral-free loan of up to ₹50 Lakh to meet your personal expenses - from paying for your holiday to covering emergency medical costs. Enjoy competitive interest rates, minimal documentation, quick approval and instant disbursal. Apply now!
Why Choose Poonawalla Fincorp
Personal Loan EMI Calculator
Calculate your EMIs instantly using our EMI calculator. Enter the loan amount, tenure and interest rates to know your monthly payments. Try 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, KYC details and residential details.
Upload Documents
Upload the necessary documents for quicker approval.
On successful verification, the loan amount will be disbursed into your bank account instantly.
Eligibility Criteria for a Personal Loan in Shimoga
Fulfil our simple eligibility criteria:
- Age: Between 21 and 60 years.
- Citizenship: Indian.
- Work Experience: 1 year and above, with a minimum of 1 month at the current job.
- Net Monthly Salary: At least ₹30,000 per month
- Employment Type: Full-time job at a private or public sector organisation.
Documents Required for a Personal Loan in Shimoga
Submit minimal documents for loan approval:
- KYC Documents: PAN Card, Aadhaar Card, Driving License, Passport or Voter ID.
- Income Proof: Salary slip for the last 1 month and bank statements for the last 3 months.
- Address Proof: Utility Bills, Passport or Rent Agreement.
- Employment Proof: Official mail ID confirmation or Employee ID card
Note: The list of documents mentioned above is indicative. You may need to provide additional documents during the loan processing stage.
Interest Rate and Charges for a Personal Loan in Shimoga
We offer a loan for personal use 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 Shimoga
- Paying emergency medical bills
- Consolidating high-interest debt
- Paying for a grand wedding
- Pursuing higher education
- Renovating your home
Who Can Get a Personal Loan in Shimoga
- Salaried Individuals
- Salaried Doctors
- Salaried Chartered Accountants
- Salaried Company Secretaries`
Tips for a Successful Personal Loan Application
- Check the eligibility criteria
- Decide the loan amount based on your requirements
- Monitor your credit report for inaccuracies
- Check your credit score
- Keep the loan documents handy
- Do not apply for multiple loans at once
Poonawalla Fincorp Branch Address Near Shimoga
Poonawalla Fincorp Limited
Address: Shop No. 9, Yenepoya Shopping Gallary, Near Karnataka Bank, Kodiyal Bail, Mangalore, Karnataka-575003
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)
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
No, you can avail of Poonawalla Fincorp’s Personal Loan without pledging any asset as collateral.
Yes, you can easily foreclose Poonawalla Fincorp’s Personal Loan before the end of your loan tenure. If you prepay the loan from using your income sources, there will be no pre-payment charges. But if you use other fund sources to prepay the loan, you will have to pay 4% prepayment charges.
Many factors influence the interest rate for your personal loan, including:
- Credit score
- Net monthly salary
- Repayment capacity
- Employment status
- Work experience
- Existing debts