Loan Amount
Up to ₹50 Lakh
Interest Rate
Starting at 9.99%* p.a.
Loan Tenure
12-84 Months

Get an Online Loan for Government Employees Online

Empower your financial future with our Personal Loan scheme. To support you in your endeavours, we offer the best loan for personal use. Whether for weddings, higher education, travel, or medical emergencies, our loan is the perfect solution for all your personal needs. Get a high loan amount of up to ₹50 Lakh at competitive interest rates with minimal documentation, quick approval, flexible repayment tenure, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
Unsecured
Loan
No End-use
Restrictions
Attractive
Interest Rate
Minimal
Documentation
No Hidden
Charges

Personal Loan EMI Calculator

Estimate your monthly repayments with our easy-to-use EMI calculator. Enter the loan amount, tenure, and interest rate.

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

Click on “Apply Now”

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

Enter Details

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

Upload Documents

Upload the necessary documents for quicker approval.

Get exclusive offers thoughtfully customised just for you

Eligibility Criteria for Personal Loan for Government Employees

Meet our simple eligibility criteria:

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

Documents Required for a Personal Loan for Government Employees

Submit just a few essential documents:

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

Interest Rate and Charges for a Personal Loan for Government Employees

Get a personal use loan at attractive interest rates and no hidden 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 Ch
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 Personal Loan for Government Employees

  • Cover wedding-related costs
  • Fund your child's education expenses
  • Transform your home with repairs, renovations, or upgrades
  • Cover unexpected medical expenses
  • Explore new destinations
  • Simplify your finances by consolidating loans

Who Can Get a Personal Loan Government Employees

●    Clerks 
●    Social workers
●    Government doctors
●    Border Patrol agents
●    Correctional officers, etc.
 

Tips for a Successful Personal Loan Application

  • Check your credit score
  • Submit all necessary documents
  • Ensure you meet the eligibility criteria
  • Avoid multiple applications
  • Reduce your debts

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

Am I eligible for a Loan Schem for Government Employees?

Yes, you are eligible for this loan if you are a Central/State Govt. employee or a PSU worker with a minimum salary of ₹30,000 and one year of work experience.

What documents do I need?

The application process requires minimal documents! You will just need ID proof, address proof, employment details, and salary slips.

Can I use the loan for anything?

Absolutely! There are no restrictions on how you use the loan amount.

What are the benefits of this loan?

Enjoy competitive rates starting at 9.99% p.a., high loan amounts of up to ₹50 Lakh and flexible repayment options.

Can I repay the loan early?

Yes, we do not charge any prepayment fees if the payment is made from our own sources. However, if it is made from other sources, we charge a 4% fee.