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

Transform Your Dreams into a Reality With a Personal Loan in Vijayawada

Vijayawada is known for its ancient heritage and rich culture. Its strategic location makes it a significant commercial and cultural hub in southern India. Fulfil your dreams in this city with a Personal Loan from Poonawalla Fincorp. Upgrade your home, fund higher education, or plan a memorable trip effortlessly with our tailored loan. Get up to ₹50 Lakh at attractive interest rates with minimal paperwork, quick approval, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

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

Monthly EMI Calculator for Loan in Vijayawada 

Determine your monthly repayments with our user-friendly EMI calculator. Enter the loan amount, tenure, and interest rate to know the EMIs. 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

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 Vijayawada

Fulfil our straightforward eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Work Experience: At least 1 year of total work experience, 1 month with the current employer.
  • Employment: Must be employed in an MNC, LLP, private Ltd company or Central Government entity.
  • Monthly Income: Minimum monthly salary of ₹30,000.

<p><b>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<a href="/documents/d/poonawalla-fincorp/default-charges-1">Default Charges.pdf</a></b></p>
 

Documents Required for a Personal Loan in Vijayawada

Submit just a few essential documents:

  • Identity Proof: PAN Card, Voter ID, Aadhaar Card, Passport or Driving License.
  • Address Proof: Passport, Rent Agreement or Electricity Bill.
  • Income Proof: Last 1 month pay slip.
  • Financial Documents: Last 3 month’s bank account statements.
  • Proof of Employment: Official mail ID or Employee ID card.

Interest Rate and Charges for a Personal Loan in Vijayawada

Poonawalla Fincorp offers personal use loans 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.
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 Vijayawada

  • Funding higher education costs 

  • Covering medical emergencies 

  • Remodelling home 

  • Consolidating debts 

  • Funding wedding 

Tips for a Successful Personal Loan Application

  • Avoid filing multiple loan applications 

  • Keep all the required documents handy 

  • Ensure you have a stable source of income 

  • Review your credit score 

Poonawalla Fincorp Branch Address in Vijayawada

Address: 3rd Floor, R.S. Tower, Door No.40-25-80/1, Revenue Ward 13A, Kurra Satyanarayana Street, Gayatri Nagar, Benz Circle, Vijayawada, Andhra Pradesh - 520010 

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

1. What is the interest rate for a Personal Loan in Vijayawada?

Poonawalla Fincorp offers personal use loans at interest rates starting at 9.99%* p.a. The interest rate applicable to you may vary based on various factors such as your CIBIL score, income, loan amount, and tenure. 

2. What documents are required to apply for a Personal Loan?

To apply for a personal use loan, you must submit identity proof, address proof, income proof, financial documents, and employment proof. Check our documents page for details. 

3. How can I apply for a Personal Loan from Poonawalla Fincorp?

To apply, visit our Vijayawada branch or apply online. For online application, follow these 3 simple steps: 

Step 1: Click on ‘Apply Now’. 

Step 2: Fill out the application form. 

Step 3: Upload all the necessary documents. 

Upon verification, the loan amount will be credited to your bank account instantly.