Loan Tenure
12-36 Months
Interest Rate
Starting at 16%* p.a.
Hidden Charges
0%

Unlock Access to a ₹3 Lakh Instant Loan

Secure quick financing with a ₹3 Lakh Instant Loan from Poonawalla Fincorp. Enjoy a seamless application process, rapid approval, instant disbursal of funds, and more. Renovate your home, make purchases, fund higher studies, or cover any unexpected expenses without hassle. Ensure a seamless borrowing experience with our attractive interest rates, flexible repayment options and minimal documentation. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
Quick
Disbursal
No End-use
Restriction
No Hidden
Charges
Competitive
Interest Rate
Minimal
Documentation

₹3 Lakh Instant Loan EMI Calculator

Calculate the EMIs for your ₹3 Lakh loan with our EMI calculator. Enter the loan amount, interest rate and tenure. Try it 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 of ₹3 Lakh

Meet our simple eligibility criteria for an Instant Loan:

  • Age: Between 25 and 55 years.
  • Citizenship: Indian.
  • Annual Income of Household: Minimum ₹3 Lakh per year.

Documents Required for ₹3 Lakh Instant Loan

Submit a few essential documents:

  • CKYC Documents Aadhaar Card and PAN Card

Interest Rates and Charges for a ₹3 Lakh Instant Loan

Avail of an instant loan at favourable interest rates and minimal charges:

Interest Rate
16%* p.a. onwards
Loan Amount
₹50,000 to ₹5 Lakh
Processing Fees
Up to 4.5% plus applicable charges
Lowest EMI Per Month
₹1,962 for 36 months
Loan Tenure
12 to 36 months
Foreclosure/Pre-Payment 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 ₹3 Lakh Instant Loan

  • Host a grand wedding
  • Consolidate high-interest debt
  • Fund higher studies
  • Finance your purchases
  • Renovate your home
  • Fund travelling expenses

Who Can Get a ₹3 Lakh Instant Loan

  • Salaried individuals
  • Salaried Chartered Accountants
  • Salaried doctors
  • Salaried Company Secretaries

Tips for a Successful ₹3 Lakh Instant 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 will be my ₹3 Lakh Instant Loan EMI?

The EMI amount you pay will vary based on factors such as your credit score, chosen repayment tenure, and income. You can use our EMI calculator to estimate the EMI for an Instant Loan.

Who is eligible for a ₹3 Lakh Instant Loan?

The applicants who meet the eligibility criteria and comply with the credit policies of Poonawalla Fincorp are eligible for a ₹3 Lakh Instant Loan.

What is the interest rate levied on a ₹3 Lakh Instant loan?

The interest rates for a ₹3 Lakh Instant Loan start at 16%* p.a.