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

Personal Loan EMI Calculator

Calculate your monthly payments instantly with our EMI calculator. Enter the loan amount, tenure and interest rates to know your EMIs instantly. Use 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
12 Months
84 Months

Why Choose Poonawalla Fincorp

collateral icon No Collateral
Required
Use Icon No End-use
Restrictions
Interest rate icon Attractive Interest
Rate
document icon Minimal
Paperwork
quick icon Quick
Approval
Zero Icon No Hidden
Charges

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

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: Minimum 1 year with at least 1 month at current job.
  • Net Monthly Salary: At least ₹30,000 per month.

Submit just a few documents to apply for our personal use loan:

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

Avail of a loan for personal use at attractive interest rates and nominal 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

  • Paying emergency medical bills 
  • Paying for a grand wedding 
  • Pursuing higher education 
  • Covering your travel costs 
  • Consolidating high-interest debt 
  • Renovating your home 
  • Salaried Employees
  • Salaried Company Secretaries
  • Salaried Doctors
  • Salaried Chartered Accountants
  • Check the eligibility criteria before applying for the loan 
  • Finalise the loan amount based on your requirements 
  • Check your credit score 
  • Monitor your credit report for inaccuracies  
  • Keep the loan documents ready 
  • Do not apply for multiple loans 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

You can improve your chances to get our personal credit loan by meeting the eligibility criteria, maintaining a good credit score, borrowing only the amount you need, providing the necessary documents, keeping your credit utilisation ratio below 30%, maintaining a low debt-to-income ratio and selecting a tenure according to your budget. 

No, as a personal-use loan is an unsecured credit facility, there is zero risk of losing any assets if you miss your EMIs or default on your loan entirely.  

The interest rate for our loan for personal use starts from 9.99%* p.a. The final interest rate applicable for your personal credit loan depends on your CIBIL score, income, repayment capacity, etc.