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

Get a Collateral-free Personal Loan in Ahmedabad

Ahmedabad is an important industrial and commercial hub in India. It is home to many industries including textiles, automobiles, jewellery, pharmaceuticals and chemicals. Meet your personal expenses like education, travel, home renovation, etc. with a Personal Loan from Poonawalla Fincorp. Get a collateral-free loan of up to ₹50 Lakh with affordable interest rates, minimal expenses, swift approval and quick disbursal. Apply now!

Why Choose Poonawalla Fincorp

Home Icon Collateral-free
Loan
Loan Icon High Loan
Amount
Use Icon No End-use
Restriction
Quick Icon Quick
Approval
EMI Icon Flexible Repayment
Terms
Zero Icon No Hidden
Charges

Personal Loan EMI Calculator

Use our EMI calculator to know your monthly instalments. Simply enter the loan amount, tenure and interest rate to calculate your EMI within seconds. Try it 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 in Ahmedabad

Fulfil our simple eligibility criteria for availing of a loan for personal use:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Employment Type: Full-time job at a private or public sector organisation
  • Work Experience: 1 year and above, with at least 1 month at current job
  • Net Monthly Salary: Minimum ₹30,000.

Documents Required for a Personal Loan in Ahmedabad

Forget heavy paperwork! Upload just a few documents to apply for a loan:

  • KYC Documents: PAN Card, Aadhaar Card, Voter ID, Passport or Driving License.
  • Income Proof: Salary slips and bank statements for the last 3 months.
  • Address Proof: Rent Agreement, Utility Bills, or Passport.
  • Employment Proof: Official mail ID or Employee ID Card.

Note: The document list mentioned above is indicative. You may need to submit additional documents during the loan processing stage

Interest Rate and Charges for a Personal Loan in Ahmedabad

Avail our loan for personal use at attractive interest rates and minimal fees:

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 Personal Loan in Ahmedabad

  • Renovate your home
  • Finance wedding expenses
  • Support your children's education
  • Consolidate high-interest debts
  • Purchase high-value electronics or appliances
  • Cover relocation expenses

Who Can Get a Personal Loan in Ahmedabad

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

Tips for a Successful Personal Loan Application

  • Check whether you fulfil the eligibility criteria
  • Go through the terms and conditions before you apply for the loan
  • Check your credit score and repayment history
  • Apply for a loan amount based on your fund requirements
  • Keep the necessary documents handy

Poonawalla Fincorp Branch Address in Ahmedabad

Poonawalla Fincorp Limited

Address: Office No. 304, 305 & 306, 3rd Floor, Majestic Plaza, Law Garden, Ellisbridge, Ahmedabad, Gujarat-380006.

Contact Number: 1800-266-3201 (Toll Free)

Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

*T&C Apply

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

Can I prepay a loan for personal use in Ahmedabad without incurring any charges?

If you prepay your loan from own income sources, you will not have to pay any charges. But if the prepayment is made from other sources, you will have to pay a charge of 4% of the prepaid amount. 

What happens if I miss an EMI payment for a Personal Loan?

If you miss an EMI payment, a late payment charge of 2% per month will be levied on the overdue amount. It is advisable to set reminders for avoiding late payments, which may lead to additional costs and lower credit score. 

What repayment options are available for a Personal Loan?

You can repay your Personal Loan EMIs via the auto-debit method directly from your bank account through the National Automated Clearing House (NACH) to ensure a hassle-free repayment experience.