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

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

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
document icon Online
Application
charges icon Zero
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 - The applicant’s annual household income must be at least ₹3 Lakh
  • Credit Score: 750 and above

Submit just a few essential documents:

  • KYC Documents: Aadhaar Card and PAN Card.

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

Interest Rate
16%*p.a. onwards
Loan Amount
₹50,000 to ₹5 Lakh
Loan Processing Fees
upto 4.5%
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)
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

  • Get your dream shoes without worrying about the budget.  
  • Repay easily with flexible EMI options.  
  • Secure high loan amount of up to ₹5 Lakh for your purchase.  

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

Definitely. By purchasing your dream shoes on EMI, you can not only preserve your hard-earned savings, but also get your hands on your dream shoes with Poonawalla Fincorp’s Instant Loan of up to ₹5 Lakh.  

You can easily purchase shoes on EMI by securing an Instant Loan of up to ₹5 Lakh from Poonawalla Fincorp and repay back the loan with flexible EMI options.  

You can secure an Instant Loan of up to ₹5 Lakh from Poonawalla Fincorp to purchase your dream shoes on EMI. The final loan amount is determined after checking your eligibility, credit report and various other factors.  

Yes. Poonawalla Fincorp provides Instant Loan with flexible EMI options of up to 36 months for the purchase of Shoes on EMI.