Interest Rate
Starting at 9.99%* p.a.
Tenure
12-84 Months
Hidden Charges
0%

Get a Personal Loan of ₹10 Lakh With Quick Approval!

Unlock new opportunities and achieve your dreams with a ₹10 Lakh Personal Loan. Meet unexpected expenses, consolidate debt, or invest in personal growth with ease. Attain sustainable financial health while enjoying quick approval, flexible repayment options, and competitive interest rates. Click on ‘Apply Now’ and empower your future!

Why Choose Poonawalla Fincorp

Collateral-free Loan
Attractive
Interest Rate
Minimal
Documentation
Flexible
Repayment Option
Zero Foreclosure
Charges
No Hidden
Charges

Personal Loan EMI Calculator

Plan your monthly EMIs efficiently with our Personal Loan EMI calculator. Just enter the loan amount, tenure, and interest rate and know the EMIs instantly.

Optimise Your Personal Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Rupees one lakh

Interest Rate

%
9.99 %
30 %

Tenure

Months
12Months
84Months

Apply for a Personal Loan in Just 3 Steps

Step1

Click on “Apply Now”

Tap the “Apply Now”button to initiate your application.

Step2

Enter Details

Enter your DOB, PAN card number, monthly income, and residential details.

Step3

Upload Documents

Upload the necessary documents for quicker approval.

On successful verification, the loan amount will be disbursed into your bank account instantly.

Get exclusive offers thoughtfully customised just for you

Eligibility Criteria for a Personal Loan of ₹10 Lakh

Meet the below mentioned eligibility criteria for ₹10 Lakh Loan:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Employment: Full-time employment with a private or public limited company.
  • Work Experience: Minimum 1 year, with 1 month in the current company.
  • Monthly Income: Minimum of ₹30,000.

Documents Required for a ₹10 Lakh Personal Loan

Submit the following documents to apply for Personal Loan:

  • KYC Documents: PAN Card, Aadhaar Card, Voter ID, Driving License, or Passport.
  • Address Proof: Utility Bills, Passport or Rent Agreement.
  • Income Documents: Recent salary slip for the last 3 months.
  • Financial Statements: Bank statements for the last 3 months.
  • Proof of Employment: Official email ID confirmation or employee ID card.

Interest Rate and Charges for ₹10 Lakh Loan

Here is the breakdown of interest rates and charges for a ₹10 Lakh Loan:

Interest Rate
9.99%* p.a. onwards
Loan Amount
₹1 Lakh to ₹50 Lakh
Loan Processing Fees
Up to 3% plus applicable taxes
Lowest EMI Per Month
Starting from ₹2,124* per Lakh for 60 months
Loan Tenure
12-84 months
Prepayment/Foreclosure Charges
0% if paid from own sources
4% if paid from other sources
Default Charges
24% p.a. + 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

Different Uses of a ₹10 Lakh Personal Loan

  • Wedding
  • Home Renovation
  • Travel
  • Medical Emergency
  • Education

Who Can Get a ₹10 Lakh Personal Loan

  • Salaried doctors
  • Salaried Company Secretaries
  • Salaried Chartered Accountants

Tips for a Successful Personal Loan Application

  • Have a Strong CIBIL Score
  • Review and Improve Credit Report
  • Manage Debt-to-Income Ratio
  • Keep documents ready in advance

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. What are the foreclosure charges of Poonawalla Fincorp's ₹10 Lakh Personal Loan?

There are no foreclosure charges if you pay the amount from your own sources. However, upon payment from other sources, a charge of 4% on the outstanding loan amount will be levied.

2. For what purpose can I use a ₹10 Lakh Personal Loan?

You can use our Personal Loan for home renovation, travelling, funding higher education, consolidating high-interest debt, or any purpose based on your need.

3. What credit score is required to avail of a Personal Loan?

A CIBIL score of over 750 increases your chances of getting approved for our ₹10 Lakh Personal Loan with good repayment terms.