Loan Amount:
Up to ₹5 Lakh
Interest Rate:
Starting at 16%* p.a.
Loan Tenure:
12 to 36 Months

Get Electronics on EMI Online

Technology is evolving rapidly, every day there is a new product launch in the market with better features and designs to carter us. Grab the opportunity to buy these electronics on EMI with Poonawalla Fincorp’s Instant Loan. Avail of a loan of up to ₹5 Lakh and bring your home your favourite electronic. Enjoy the benefits of minimal paperwork, flexible repayment tenure and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
Online
Application
Collateral-free
Loan
Competitive
Interest Rates
Minimal
Documentation
Flexible
Tenure
Zero
Hidden Charges

Instant Loan EMI Calculator

Plan your monthly repayments using our EMI calculator. Enter the loan amount, interest rate, and loan tenure to calculate your loan EMIs. Calculate now!

Optimise Your Personal Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹50000
Interest Payable
₹5,493

Loan Amount

Rupees one lakh

Interest Rate

%
16 %
36 %

Tenure

Months
12Months
36Months

Apply for an Instant Loan Online

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.

Instant Disbursement

The loan amount will be credited to your bank account instantly.

Get exclusive offers thoughtfully customised just for you

Eligibility Criteria for an Instant Loan

Access our flexible financing solution instantly by meeting our simple eligibility criteria:

  • Age - Between 25 and 55 years.
  • Citizenship - Indian.
  • Annual Income -  At least ₹3 Lakh.
  • Credit Score - 750 and above.

Documents Required for an Instant Loan

Submit a few essential documents:

  • KYC Documents: Aadhaar Card and PAN Card.
  • Current Address Proof: Passport, Utility Bills, and Rent Agreement.

Interest Rate and Charges for an Instant Loan

We offer an Instant Loan at attractive interest rate and nominal charges:

Interest Rate
16%*p.a. onwards
Loan Amount
₹50,000 to ₹5 Lakh
Loan Processing Fees
2.5% to 3.5% plus applicable taxes
Loan Tenure
1 – 36 months
Prepayment/Foreclosure Charges
upto 4.5%
Default Charges
24% p.a. plus 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

Benefits of Buying an Electronic on EMI

  • Higher Loan Amount: With an Instant Loan, get a higher loan amount up to ₹5 Lakh and buy an electronic of your choice. 
  • Affordable: When you buy an electronic device on EMI, you significantly lower your monthly monetary obligation. 
  • Quick Approval and Disbursement: Up on successful verification, the loan amount will be credited to your bank account instantly.  

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

Why buy electronics e on EMI?

When you buy electronics online on EMI, you can enjoy the following benefits: 

  • Higher loan amount. 
  • Lower interest rates, subject to your credit score. 
  • Flexible repayment period. 
  • Minimal documentation. 
  • Quick and easy application process and disbursal. 
Will EMI affect credit score?

Regular repayments of monthly instalments can positively impact your credit score.