Get a Personal Loan Online on ₹90,000 Monthly Salary
At Poonawalla Fincorp, we offer all salaried individuals a Personal Loan on ₹90,000 monthly salary. You can use the loan to meet all your financial aspirations, sudden medical expenses, home renovation, higher education, travel, etc.
Enjoy flexible EMIs, minimal documentation, and a seamless online application process. Approval and processing are fast so you can get the necessary funds fast. Apply for a Personal Loan now!
EMI Calculator for Personal Loan on ₹90,000 Salary
-
EMI Amount = *
EMI Calculator for Personal Loan on ₹90,000 Salary
Interest Rates and Charges on a Personal Loan on Salary of ₹90,000
The associated charges and the interest rate of a Personal Loan on a monthly salary of ₹90,000 are:
| 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.
EMI for Personal Loan on ₹90,000 Salary
Calculate the EMI in advance to plan your loan repayments. Our Personal Loan EMI calculator is free and easy to use; enter the loan amount, interest rate, and loan tenure. The calculator displays the result instantly.
The table below shows the EMI amount for a tenure of 2, 3, 4 and 5 years.
| Tenure | Approximate EMI at 10% interest rate |
| 2 years | ₹9228/month |
| 3 years | ₹6452/month |
| 4 years | ₹5072/month |
| 5 years | ₹4248/month |
Eligibility Criteria for Personal Loan on a Monthly Salary of ₹90,000
The eligibility criteria for a Personal Loan on ₹90,000 salary are:
Age
Citizenship
Employment Types
Work Experience
Monthly Income
- Age - Between 21 and 60 years.
- Citizenship - The applicant must be an Indian citizen.
- Employment Type - The applicant must have a full-time job and be employed with a private company or a government organisation.
- Work Experience - Must have at least one year of work experience and at least one month of stable employment with the current employer.
- Monthly Income - The applicant must earn a minimum monthly salary of ₹30,000.
Documents Required
Our simple documentation process ensures that you don’t deal with a lot of paperwork. You only need to submit a few basic documents, such as:
-
KYC Documents
-
Address Proof
-
Income Documents
-
Financial Documents
-
Employment Proof
- KYC Documents - PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport.
- Address Proof - Rent agreement/passport/utility bills.
- Income Documents - Latest salary slips for the last 3 months.
- Financial Documents - Salary account statement for the past 3 months.
- Employment proof - Employee ID card and official Email ID.
Features and Benefits of a Personal Loan on ₹90,000 Salary
Our Personal Loan comes with a host of features and benefits:
- Collateral-free Loan: No need to pledge any collateral against the borrowed funds.
- High Loan Amount: You can avail of a high loan amount of up to ₹50 Lakh to meet your various financial requirements.
- Zero hidden charges: We maintain complete transparency in our processes. All fees and charges are disclosed.
- Minimal Documentation: Upload a few documents to start the approval process.
- Attractive Interest Rates: We offer a Personal Loan at competitive interest rates starting from 9.99%* p.a.
- Flexible Repayment Tenure: Enjoy flexible repayments with a tenure ranging between 12 and 84 months.
- Online Application Process: Apply for a Personal Loan online in just a few clicks.
- Quick Loan Disbursal: Once your loan application is approved, you get the amount credited directly to your bank account.
How to Apply for a Personal Loan on ₹90,000 Salary?
Applying for Poonawalla Fincorp’s Personal Loan on ₹90,000 salary is easy. Just follow these three simple steps:
- Step 1: Click on the ‘Apply Now’ button.
- Step 2: Fill in the required details on the loan application form.
- Step 3: Upload necessary documents.
On successful verification, the loan amount will be credited to your bank account.
Apply for ₹90,000 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
Poonawalla Fincorp offers a Personal Loan of up to ₹50 Lakh. The approved loan amount will depend on your credit score and the set eligibility criteria by Poonawalla Fincorp.
Yes, at Poonawalla Fincorp, we offer an unsecured Personal Loan. This means you need not provide any collateral against the amount you borrow.
At Poonawalla Fincorp, we offer a Personal Loan to all. The maximum loan amount we offer is ₹50 Lakh.
We offer a Personal Loan with a maximum tenure of 84 months or 7 years. But you can choose the tenure to suit your repayment capacity, ranging from 12-84 months. If you select a shorter duration, your EMI will be high, but your overall interest payment will be less.
To get the Personal Loan, you must fulfil a few simple eligibility requirements, including:
- You must be an Indian citizen.
- You must be 21 to 60 years old.
- You must have at least one year of work experience and at least one month of stable employment with the current employer.
- You must be a salaried individual.
Also, you must submit a few basic documents. Check the full list of documents required for Personal Loan here.
*Terms & Conditions Apply
