Quick Loan

Apply for Quick Loan Online

With Poonawalla Fincorp, getting Quick Loans online is now easier than ever. You can enjoy swift Quick Loan approval along with a host of different features and benefits that include attractive interest rates and flexible repayment terms. You can avail of Quick Loans online of up to ₹30 Lakh with us by submitting basic KYC documents and fulfilling the simple eligibility criteria.

What are Quick Loans?

A Quick Loan or Quick Loan finance is designed to provide instant financing to help borrowers fulfil their specific requirements. It is a kind of unsecured Personal Loan that can be availed of without any collateral.

What’s more, Quick Loans can be availed of to fulfil a host of different purposes. such as:

Medical Emergency
Higher Education
Overseas Travel
Wedding Planning
Home Renovation

EMI Calculator for Quick Personal Loans

Loan Amount

1,00,000 50,00,000

Interest Rate %

9.9% 30%

Tenure

1 Year 7 Years

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EMI Amount = *

Check Repayment Schedule
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Quick Loan Interest Rate

Poonawalla Fincorp offers Quick Loans online at attractive interest rates starting from just 9.99% per annum.

The table below provides more details on Quick Loan interest rates and charges:

Quick Loan Interest Rates	9.99%* p.a. onwards
Loan Amount	₹1 Lakh to ₹30 Lakh
Loan Processing Fees	Up to 2% plus applicable taxes
Lowest EMI Per Month*	Starting from ₹2,124* per Lakh for 60 months
Loan Tenure	12 to 60 months
Pre-Payment/Foreclosure Charges	0%* If paid from own sources & 4% If paid from other sources
Late Payment Charges	2% per month
Cheque Bounce Charges	₹500 per bounce plus applicable taxes
Stamp Duty	At actuals (as per state)
No Other Hidden Charges

Eligibility Criteria for Quick Loan

The eligibility criteria for our Quick Loan are listed below:

Age - You must be aged between 22 years old and 57 years old.
Citizenship - Indian citizenship is mandatory.
Employment - A full-time job is a must have.
Work Experience - Minimum 1-year job experience and at least 1 month’s stable employment at current job
Monthly Income - A monthly net take-home salary of at least ₹30,000 is necessary.

Note: The above-mentioned eligibility criteria are indicative and can vary among lenders.

Documents Required for Quick Loan

Following is the list of documents you will be required to submit when applying for a Quick Loan:

KYC Documents - PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport
Current Address Proof - Passport/Rent Agreement/Utility Bills
Income Documents - Salary slip (latest)
Financial Documents - Bank statement from the last 3 months showing salary credit
Employment Proof - Employee ID Card/ Official mail id confirmation

Note: The list of loan documents mentioned above is indicative and may vary between lenders.

Reasons to Opt for a Quick Loan

Some of the main reasons why you should opt for a Quick Loan include:

Paying Medical Bills - Financial obligations arising from medical emergencies can be easily taken care of with a Quick Loan.
Fulfilling Higher Education Goals - Study or pay for the education of your family member at premier educational institutions with Quick Loan services.
Managing Overseas Travel Expenses - Traveling to your favourite destination abroad is no longer a dream with Quick Loans.
Planning Your Dream Wedding - Wedding planning can often go over budget. With Quick Loans, you can manage wedding costs without any hassle.
Paying for Home Renovation - Transform the overall ambience of your home for the better with a Quick Loan for home renovation.

Features & Benefits of Quick Loan

Our Quick Loans come with some of the best features and benefits, such as:

Zero Collateral - You are not required to put any asset as security against the loan amount.
Minimal Documentation - You are only required to submit basic KYC documents at the time of applying for the loan.
Simple Eligibility Criteria - Qualifying for a Quick Loan is easy if you meet the basic requirements of eligibility set out by your lender.
Competitive Interest Rates - Quick Loans offered by us can be availed of at attractive interest rates starting from 9.99% p.a.
Swift Loan Processing - The entire Quick Loan process from application to disbursal is completed within a short time.