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

Get a Personal Loan of ₹15 Lakh with Quick Approval

Pursue your dreams without financial constraints. Whether you planning to further your education, organise your wedding, renovate your home, or consolidate existing debts, avail our Personal Loan of ₹15 Lakh to turn your aspirations into reality.

Take the first step towards unlocking limitless possibilities today – Click on 'Apply Now' and experience the freedom to make your aspirations a reality.

Why Choose Poonawalla Fincorp

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

EMI Calculator for ₹15 Lakh Loan

Plan your EMIs using our online EMI calculator. Enter the loan amount, tenure and interest rate. The calculator will display the EMI instantly. Try now!

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 ₹15 Lakh

Meet our simple eligibility criteria to qualify:

  • Age: Between 21 and 60 years.
  • Citzenship: Indian.
  • Employment: Full-time job with a government entity, public/private limited company, LLP, educational institution, or a company approved by Poonawalla Fincorp.
  • Work Experience: Minimum 1 year, with at least 1 month in the current job.
  • Monthly Income: At least ₹30,000.

Documents Required for a ₹15 Lakh Personal Loan

Submit just a few essential documents:

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

Interest Rate and Charges for a ₹15 Lakh Personal Loan

Get the loan at competitive interest rate and minimal charges:

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 ₹15 Lakh Personal Loan

  • Wedding
  • Home renovation
  • Travel
  • Medical emergency
  • Education

Who Can Get a ₹15 Lakh Personal Loan

  • Salaried Individuals 
  • Salaried doctors
  •  Salaried Chartered Accountants
  • Salaried Company Secretaries

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

What are the uses of a ₹15 Lakh Personal Loan?

At Poonawalla Fincorp, we do not impose any end-use restriction for our ₹15 Lakh Personal Loan. You can use it for any purpose, such as weddings, emergency medical expenses, higher education, home renovation, etc.

Can I get a ₹15 Lakh Loan without collateral?

Yes, you can get a ₹15 Lakh Loan without collateral from Poonawalla Fincorp. Since a Personal Loan is a collateral-free loan, you can get it without pledging any asset.

What are the factors affecting the EMI amount?

The following are the most critical factors affecting the EMI amount of a loan:

  • Loan amount
  • Interest rate
  • Loan tenure