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

Avail of a Collateral-free Personal Loan in Varanasi

Varanasi, a city with historical and religious significance, is a tourist hub in Uttar Pradesh. Manage your expenses in this city – from financing your child's education to paying for your medical expenses - with a Personal Loan from Poonawalla Fincorp. Get a collateral-free loan of up to ₹50 Lakh with simple eligibility criteria. Benefit from competitive interest rates, online application process, quick approval and instant loan disbursal. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
Attractive Interest
Rate
No End-use
Restrictions
Simple
Documentation
Swift
Approval
No Hidden
Charges

Personal Loan EMI Calculator

Use our online EMI calculator to plan your monthly payments. Just enter the loan amount, tenure and interest rates to know your EMIs instantly. 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 Varanasi

Fulfil 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 Salary: At least ₹30,000.

Documents Required for a Personal Loan in Varanasi

Upload minimal documents for quick approval:

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

Interest Rate and Charges for a Personal Loan in Varanasi

We offer 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

Different Uses of a Personal Loan in Varanasi

  • Financing your higher education 
  • Renovating your home 
  • Covering travel expenses 
  • Financing emergency medical costs 
  • Consolidate existing debts  

Who Can Get a Personal Loan in Varanasi

  • Salaried Individuals
  • Salaried Doctors
  • Salaried Chartered Accountants
  • Salaried Company Secretaries

Tips for a Successful Personal Loan Application

  • Check the loan eligibility conditions 
  • Check your credit score 
  • Maintain your credit utilisation ratio at 30% 
  • Upload the necessary loan documents 
  • Avoid multiple loan applications  

Poonawalla Fincorp Branch Address in Varanasi

Poonawalla Fincorp Ltd. 

Address: 3rd FLOOR, PLOT NO.7, N.M.P.V NO, D-58/12, A-7, Gandhi Nagar, Sigra development scheme, SIGRA, Varanasi- 221010 

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 documents are required for Poonawalla Fincorp's Personal Loan?

The required documents for availing Personal Loan in Varanasi from Poonawalla Fincorp are: 

  • KYC Documents: PAN Card, Driving License, Aadhaar Card, Voter ID or Passport.
  • Income Proof: Salary slips 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.
What is the loan amount for a Personal Loan from Poonawalla Fincorp in Varanasi?

Poonawalla Fincorp offers an instant loan in Varanasi for amounts ranging from ₹1 Lakh to ₹50 Lakh. The loan amount depends on your CIBIL score, repayment capacity, net monthly income, etc. 

What happens if I miss the EMI payment for my Personal Loan?

Defaulting on your EMI payment on a Personal Loan from Poonawalla Fincorp leads to a penalty of 24% p.a. + taxes.  Avoid missing out on your monthly payments, as failure to pay your EMI by the due date may adversely impact your credit score.