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

Get a Personal Loan in Cochin Effortlessly

Cochin or Kochi is also known as the Queen of the Arabian Sea. The city’s port makes it an important hub for international trade and commerce. Meet your fund requirements in this bustling city with a Personal Loan from Poonawalla Fincorp.

From paying for higher education to covering medical bills, use the loan amount for any purpose with no end-use restrictions. Get a collateral-free loan of up to ₹50 Lakh at competitive interest rate with minimal documentation, swift approval, flexible loan terms, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
Competitive
Interest Rate
No Collateral
Required
No End-use
Restrictions
Flexible
Repayment Tenure
No Hidden
Charges

Personal Loan EMI Calculator

Determine your monthly loan repayments with our easy-to-use EMI calculator. Just enter the loan amount, interest rate, and tenure to know the EMIs instantly. Calculate 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 Cochin

Meet our simple eligibility criteria to qualify:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Monthly Salary: At least ₹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 in Cochin

Keep mandatory documents ready for a streamlined application:

  • 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 Documents: Bank statements for the last 3 months.
  • Employment Proof: Official email ID or employee ID card.

Interest Rate and Charges for a Personal Loan in Cochin

We offer personal use loans at attractive interest rates and nominal 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 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

  • Funding vacation
  • Hosting wedding ceremonies
  • Renovating home
  • Covering medical expenses

Who Can Get a Personal Loan in Cochin

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

Tips for Successful Personal Loan Application

  • Organise all necessary financial documents
  • Check your credit score
  • Provide accurate details
  • Maintain stable employment and income
  • Reduce your existing debts

Poonawalla Fincorp Branch Address in Cochin

Address: 5th Floor, Muscat Tower, Sahodaran Ayyappan Road, Above HP World, Kadavnathara, Cochin-682020

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

What are the penalty charges for a missed EMI?

If you miss an EMI payment by the due date, a penalty of 2% of the overdue EMI amount will be charged. Additionally, for each cheque bounce, a penalty of ₹500 plus applicable taxes will be imposed. 

Is repaying your loan early a good idea?

Yes, repaying your loan early can be beneficial, provided you can do so without feeling overburdened. Moreover, making an early repayment offers several advantages, including saving on interest costs and improving your credit score. 

Should I obtain an NOC after settling a loan?

Yes, you must request a No Objection Certificate (NOC) after settling your loan. This certificate serves as proof that the loan has been fully settled and that you have no further obligations to the lender. 

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