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 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

Interest Rate

%
16%
36%

Tenure

Months
12 Months
36 Months

Why Choose Poonawalla Fincorp

collateral icon Collateral-free
Loan
interest rate icon Competitive
Interest Rate
document icon Minimal
Documentation
EMI Icon Flexible
Tenure
Application icon Online
Application
charges icon Zero
Hidden Charges

How to Apply for an Instant Loan Online 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, 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

Submit just a few essential documents:

  • KYC Documents: Aadhaar Card and PAN Card.

  • Easy on Pocket: Purchasing a full-price phone can take your monthly budget out of track. Instead, when you buy it on EMI, you can purchase your mobile with ease.
  • Best Phone at an Affordable Rate: Getting a phone with better specifications can be expensive. However, when you pay a small monthly fee, the phone becomes more affordable.
  • Flexible EMIs: With flexible EMI options, you can select a repayment tenure that fits in your budget, ranging from a few months to a couple of years.

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

Yes, you can easily buy an Android or iOS mobile phone on EMI with Poonawalla Fincorp’s Instant Loan up to ₹5 Lakh.

To buy a smartphone on EMI with an Instant Loan from Poonawalla Fincorp, you need to provide KYC details (Aadhaar Card, and PAN Card) and proof of current address (passport, utility bills, etc).

Yes, timely repayment of a phone EMIs can positively impact your credit score, and late or missed payments can negatively impact your credit score.