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

Personal Loan EMI Calculator

Empower your financial decisions with Poonawalla Fincorp’s EMI calculator. Plan your monthly budget to embark on a journey to financial flexibility.

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
12 Months
84 Months

Why Choose Poonawalla Fincorp

Loan icon High Loan
Amount
collateral Icon Collateral-free
Loan
Document Icon Minimal Documentation
EMI Icon Flexible Loan
Tenure
Zero Icon No Hidden
Charges
QUick Icon Quick
Disbursal

Apply for a Personal Loan In Just 3 Steps

Step 1 icon

Click on “Apply Now”

Tap the “Apply Now” button to initiate your application.

Step 2 icon

Enter Details

Enter your DOB, PAN card number, monthly income, and residential details.

Step 3 icon

Upload Documents

Upload the necessary documents for quicker approval.

Get exclusive offers thoughtfully customised just for you

Avail of a loan for personal use by meeting our simple eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Employment Type: Full-time job at a private or public sector organisation.
  • Work Experience: 1 year or more with at least 1 month at current job.
  • Net Monthly Income: At least ₹30,000.

Submit a few documents to get easy approval on a loan for personal use:

  • KYC Documents: PAN Card, Driving License, Aadhaar Card, Voter ID or Passport.
  • Income Proof: Salary slip for 1 month and bank statements for the last 3 months.
  • Address Proof: Rent Agreement, Utility Bills, or Passport.
  • Proof of Employment: Official mail ID confirmation or Employee ID card.

Note: The list of documents mentioned above is indicative. Additional documents may be required during the loan processing stage. 

Avail of a loan for personal use at competitive interest rates and minimal charges:

Interest Rate
Starting from 9.99%*p.a.
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

  • Cover your education expenses 
  • Pay for medical emergencies 
  • Fund your travel costs 
  • Purchase consumer durables 
  • Renovate your home 
  • Salaried Individuals 
  • Salaried Company Secretaries 
  • Salaried Doctors 
  • Salaried Chartered Accountants 
  • Check the eligibility criteria before applying 
  • Check your credit score  
  • Maintain low debt-to-income ratio 
  • Check for errors in your credit report  
  • Keep all loan documents handy 
  • Avoid multiple loan applications at once 

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

Using the Personal Loan EMI calculator to know your monthly EMIs is easy! Just follow these steps: 

Step 1: Enter the loan amount you wish to borrow 

Step 2: Select the loan tenure 

Step 3: Input the interest rate 

The calculator will instantly display the EMI value. 

Yes, a Personal Loan is an unsecured credit facility that helps you get a lump sum amount to fulfil your personal obligations. Hence, you can fund everything from education to travel without having to pledge anything as security.  

Yes, you can use the Personal Loan from Poonawalla Fincorp to cover costs related to travelling across various states. With Poonawalla Fincorp, there are no end-usage restrictions. So, use the loan to pay for your flights, hotel stays, fine dining, street shopping, and sightseeing!