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

Instant Loan EMI Calculator

Calculate your monthly repayment by using our EMI calculator instantly. Just enter the loan amount, interest rate and tenure to get your EMIs instantly. Try now!

Optimise Your Personal Loan Experience
With Monthly Budget Planning

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

Loan Amount

Interest Rate

%
16%
36%

Tenure

Months
12 Months
36 Months

Why Choose Poonawalla Fincorp

Loan icon High Loan
Amount
document icon Online
Application
collateral icon Collateral-free
Loan
Interest rate icon Competitive
Interest Rates
document icon Minimal
Paperwork
EMI Icon Flexible
Tenure
Zero icon No
Hidden Charges

Apply for an Instant Loan Online

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, KYC details and residential details.

Step 3 icon

Instant Disbursement

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

Get exclusive offers thoughtfully customised just for you

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

  • Age - Between 24 and 55 years.
  • Citizenship - Indian
  • Annual Income - At least ₹3 Lakh.
  • Credit Score - 750 and above.

Submit a few essential documents:

  • KYC Documents: Aadhaar Card and PAN Card.

Poonawalla Fincorp offers an Instant Loan at attractive interest rates and nominal charges:

Interest Rates
16%*p.a. onwards
Loan Amount
₹50,000 to ₹5 Lakh
Loan Processing Fees
Upto 5% Plus Applicable Taxes
Loan Tenure
12 – 36 months
Prepayment/Foreclosure Charges
1. If Foreclosure or Prepayment is done from own funds of the Borrower- Nil charges
2. If Foreclosure or Prepayment is done by balance transfer from another bank/financial institution- 4% on amount being prepaid plus applicable Taxes
Default Charges
24% per annum
Repayment Instrument Bounce charges per instance
INR 500/-
Repayment Instrument cancellation & re-issue/ swapping charges
INR 500/- plus applicable Taxes
Stamp Duty
At actuals (as per state)
Duplicate No objection certificate
INR.500/- Plus Applicable Taxes
Cash collection/ cash handling charges. *Applicable for cash collection done via Lender's employees/personnel as well as Cash deposited in Lender's branch by the Borrower or any of their representatives, applicable on prospective basis.
INR 500/- Plus Applicable Taxes per instance
Hidden Charges
Nil

 

  • High Loan Amount: Avail yourself of a loan amount of up to ₹5 Lakh and get your favourite iPhone at an affordable price. 
  • Quick Purchase: You can now purchase an iPhone 15 without breaking your monthly savings with the help of our Instant Loan and pay for them in affordable monthly instalments. 
  • Flexible Repayment Tenure: With Poonawalla Fincorp, you can tailor your repayment window between 1 to 36 months. 
  • Minimal Documentation: You must submit only the KYC documents and proof of current address to get a loan approved. 
  • Easy application and Quick Disbursal: Due to digitalisation, the application process has become more accessible. You can apply online from anywhere at any time. Once you have applied successfully, the documents will go through verification, and post verification, the amount will be directly disbursed to your bank account. 

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 upgrade to an iPhone 15 from your current iPhone or switch from your Android phone. With Poonawalla Fincorp, you can apply for an Instant Loan to buy an iPhone 15 on EMI within minutes. 

You can calculate EMI on your iPhone with the help of our EMI calculator by filling in details, such as loan amount, interest rate and tenure. 

The repayment tenure offered by Poonawalla Fincorp for an instant loan is between 1 and 36 months, and it can be tailored to your requirements and repayment capacity.