Avail of Personal Loan with Quick Disbursal
Bhopal is the capital city of the Indian state of Madhya Pradesh. It is known for its rich history, beautiful lakes, and vibrant culture. The city was founded in the 11th century by King Bhoja and has since been ruled by various dynasties, including the Mughals and the British.
Bhopal has undergone significant development in recent years and is now a major centre for education, industry, and tourism in central India. Its diverse population and unique blend of traditional and modern culture make it a fascinating destination for travellers and an important hub for commerce.
Poonawalla Fincorp offers a Personal Loan to salaried and self-employed individuals at attractive interest rates. This loan can be a great choice for those who are looking for financial assistance for various purposes. With us, you can benefit from:
- High loan amount of up to ₹50 Lakh
- Minimal documentation requirement
- Competitive interest rates
- No hidden charges
- Collateral-free loans
- Hassle-free online application process
- Quick disbursal
Check Monthly EMI Amount For Personal Loan In Bhopal
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Interest Rates and Charges for Personal Loans
Our loans come with attractive rates of interest and zero hidden charges:
| Interest Rate | Starting from 9.99%*p.a. |
| Loan Amount | ₹1 Lakh to ₹50 Lakh |
| Loan Processing | Up to 3% |
| Lowest EMI Per Month* | Starting from ₹2,124* per Lakh for 60 months |
| Loan Tenure | 12-84 months |
| Pre-Payment/Foreclosure Charges | 0%* If paid from own sources & 4% If paid from other sources |
| Default Charges | 24% per annum |
| Repayment Instrument Dishonour Charges | ₹500 per bounce plus applicable charges |
| 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.
Features & Benefits of a Personal Loan
Loans for personal use are a popular form of credit that can be used for a variety of purposes, including debt consolidation, home renovation, medical expenses, and more. We offer Personal Loans to salaried and self-employed individuals. Here are some of the common of the loan:
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Flexible loan amount
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Minimal documentation
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Competitive interest rates
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Quick disbursal
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No collateral required
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Repayment flexibility
Flexible loan amount
This loan can range from ₹1 Lakh to ₹50 Lakh, depending on the borrower's requirement, income, and credit score.
Minimal documentation
Compared to other types of loans, these loans require minimal documentation, making the application process quick and hassle-free.
Competitive interest rates
We offer one of the most competitive interest rates in the market, making the borrowing journey easier for customers.
Quick disbursal
Loans for personal use are usually disbursed within a short time from getting approval, making them a convenient option for those in need of urgent funds.
No collateral required
Unlike secured loans, unsecured loans do not require any collateral, making them accessible to a wider range of borrowers.
Repayment flexibility
Personal credits come with flexible repayment options, including tenures ranging from 12 months to 84 months, and the option to prepay or foreclose the loan without any penalty.
We offer loans for personal use to salaried individuals and self-employed individuals at a competitive rate of interest. The are mentioned below:
- Minimum age: 21 years
- Maximum age: 60 years
- Minimum net monthly income: ₹30,000
- Citizenship: Indian
Types of Personal Loans
Debt Consolidation Loans
These loans are taken to consolidate multiple debts into a single loan, making it easier for the borrower to manage their repayments.
Medical Emergency Loans
These loans are taken to meet medical expenses such as hospitalization, surgery, or any other medical treatment.
Home Renovation Loans
Personal Loans can be used for home renovation or repairs.
Travel Loans
These loans are taken to fund travel expenses such as flight tickets, hotel accommodations, and other travel-related expenses.
Education Loans
These loans are taken to fund higher education expenses such as tuition fees, books, accommodation, and other related expenses.
In summary, Personal Loans offer borrowers a range of features and benefits, including flexibility in loan amounts, minimal documentation, competitive interest rates, quick disbursal, no collateral requirement, and repayment flexibility. However, before applying for personal credit, borrowers should carefully consider their financial situation and assess their ability to repay the loan on time to avoid any negative consequences.
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Branch Address:
Poonawalla Fincorp Limited
Address: 1st Floor, Mahaveer Avenue, Plot No.2, R-2, Zone-01, Maharana Pratap Nagar, Bhopal, Madhya Pradesh-462011
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
*Terms & Conditions Apply
