Get a Hassle-free Personal Loan
Get a Personal Loan with a monthly salary of ₹70,000 easily and quickly. Poonawalla Fincorp offers a Personal Loan of up to ₹50 Lakh to salaried individuals who need cash immediately. Finance your dream wedding, travel plans, home renovation, and more.
Enjoy flexible EMIs, instant disbursal, minimal documentation, high loan amount and 100% transparency when you avail of a Personal Loan from Poonawalla Fincorp. Apply now!
₹70,000 Salary Personal Loan EMI Calculator
-
EMI Amount = *
Personal Loan on ₹70,000 Salary Interest Rates and Charges
Poonawalla Fincorp offers Personal Loans at competitive interest rates starting at 9.99% p.a. Here’s an overview of interest rates, processing fees, and other charges:
| Personal Loan Interest Rates | 9.99%* p.a onwards |
| Loan Amount | ₹1 Lakh to ₹50 Lakh |
| Loan Processing Fees | Up to 3% |
| Lowest EMI per month | Starting from ₹2,124* per Lakh for 60 months |
| Loan Tenure | 12-84 months |
| Prepayments/Foreclosure Charges | 0%* If paid from own sources & 4% If paid from other sources |
| Default Charges | 24% per annum |
| Repayment Instrument Dishonor Charges | ₹500 per bounce plus applicable taxes |
| Stamp Duty | At actuals (as per state) |
| No Other Hidden Charges | |
Note: Default Charges: Penalty will be charged for non payment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.
₹70,000 Salary Personal Loan EMI for Up to 5 Years
Loan amount, tenure, and interest rates influence EMIs. Here’s a quick look at the EMIs for different 2, 3 and 5 years, calculated at an approximate 10% interest rate:
| Tenure | Approximate EMI at 10% interest rate |
| 2 years | ₹ 4,614*/month |
| 3 years | ₹ 3,227*/month |
| 5 years | ₹ 2,125*/month |
₹70,000 Monthly Salary Eligibility Criteria
To qualify for a Personal Loan with Poonawalla Fincorp, applicants need to fulfil the below eligibility criteria:
Age
Monthly Income
Employment
Work Experience
- Age : Between 21 and 60 years.
- Monthly Income : Minimum monthly salary of ₹50,000.
- Employment : Full-time job at a Central or State Government or a listed Private Company.
- Work Experience : Minimum 12 months of work experience, with at least one month in the current job.
Documents Required
To apply for a Personal Loan with a monthly salary of up to ₹70,000, provide the following documents:
-
KYC documents
-
Address proof
-
Income Proof
-
Employment proof
- KYC documents : Government-issued ID such as PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport.
- Address proof : Passport, Utility bills, Rent agreement.
- Income Proof : Latest pay slip and bank statement for the past three months.
- Employment proof : Employee ID card or official mail ID.
₹70,000 Salary Personal Loan Features and Benefits
Get a Personal Loan quickly with a ₹70,000 monthly salary and enjoy great features and benefits, such as:
-
Minimal Documentation
-
No End Usage Restrictions
-
Flexible EMIs
-
Instant Disbursal
-
Collateral-free
-
Attractive Interest Rates
-
Easy Application
- Minimal Documentation : Submit your KYC documents, income proof, address proof, and proof of employment.
- No End Usage Restrictions : Utilise the loan for any financial need without restrictions.
- Flexible EMIs : Repay conveniently over a tenure of up to 84 months.
- Instant Disbursal : Receive the loan directly into your bank account after verification.
- Collateral-free : No need to pledge collateral to get a Personal Loan.
- Attractive Interest Rates : Get loans at competitive interest rates, starting at just 9.99%* p.a.
- Easy Application : Click the ‘Apply Now’ button to get a Personal Loan.
How to Apply for a Personal Loan on a ₹70,000 Monthly Salary?
Follow the below steps to apply for a Personal Loan:
- Step 1: Click on ‘Apply Now’ button.
- Step 2: Complete the required details on the loan application form.
- Step 3: Upload necessary documents.
Upon successful verification, the loan amount will be disbursed instantly into your bank account.
Apply for ₹70,000 Salary Personal Loan Within 5 Minutes
Apply
Online
Apply Online
Click on ‘Apply Now’ and complete the application form
Personal
Details
Personal Details
Enter your DOB, qualification, and residential details
Verification
Verification
Submit and upload all details for verification and assessment
Frequently Asked Questions
No, Poonawalla Fincorp's Personal Loans are typically unsecured, meaning no collateral is needed.
Applying is simple! Click on ‘Apply Now’ on our website, fill out the form, and follow the steps for a quick online application.
Necessary Personal Loan documents include KYC documents, income documents, address proof, and employment proof.
Our efficient process ensures a swift verification and assessment. You'll receive confirmation once your loan is approved.
Yes, borrowers can choose a repayment tenure of up to 84 months. However, the loan tenure for a Personal Loan range between 12 months to 84 months.
You can access a maximum loan amount of ₹50 Lakh*. However, the precise amount you receive is determined by factors like your monthly income, credit score, and documentation.
To secure a Personal Loan with a ₹70,000 monthly salary, you need a credit score of 750 or more.
*Terms & Conditions Apply
