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

Buy Tyres on EMI with our Instant Loan

Tyres are one of the most important components of any vehicle in terms of safety and performance. Good tyres are necessary for stability and grip, so replacing worn-out tyres before operating a vehicle is essential. Buying tyres on EMI makes the purchase more convenient, particularly when purchasing a vehicle's entire set of tyres. With Poonawalla Fincorp's Instant Loan of up to ₹5 Lakh, buy tyres on EMI from top brands and repay conveniently with flexible EMI options. Get the funds in your account with minimal documentation, quick approval and fast disbursal. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
Competitive
Interest Rate
Minimal
Documentation
Flexible
Tenure
Online
Application
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 just 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 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
1 – 36 months
Prepayment/Foreclosure Charges
0% if paid from own sources
4% if paid from other sources
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 Tyres on EMI

  • Upgrade to better tyres without expending hard-earned savings. 
  • Instantly secure up to ₹5 Lakh funds to purchase tyres.   
  • Repay conveniently with our flexible EMI options.  

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

1. Is there any benefit of buying tyres on EMI?

Yes. It is beneficial to buy tyres on EMI to preserve hard-earned savings. Our Instant Loan can fund the purchase of tyres from top brands, and you can conveniently repay with flexible EMI options.  

2. How can I purchase tyres on EMI?

You can buy tyres on EMI from top brands with our Instant Loan of up to ₹5 Lakh and repay conveniently with our flexible EMI options of up to 36 months.  

3. How much Instant Loan can I get to buy tyres on EMI?

You can get up to ₹5 Lakh Instant Loan from Poonawalla Fincorp to purchase high-performance tyres on EMI. The final loan amount is determined after checking your eligibility, credit report and various other factors.  

4. Can I get flexible repayment tenure for buying tyres on EMI?

Yes. Poonawalla Fincorp provides Instant Loans with flexible EMI options for up to 36 months. The flexible repayment tenure ranges from 1 – 36 months.