Personal Loan in Guwahati @ 9.99%* onwards - Apply Online for Easy Approval

Apply for a Personal Loan with Quick Approval

Guwahati is a bustling city located in the northeastern region of India. It is the largest city in the state of Assam and serves as its commercial, educational, and cultural hub. Known as the Gateway to the Northeast, the city has a rich history and a diverse population.

Personal Loan is a popular choice among individuals who require financial assistance for a variety of purposes. Whether it's to finance a wedding, travel, pay for medical bills or home renovation, this loan can provide a quick and hassle-free solution to your financial needs. With Poonawalla Fincorp, you can easily obtain a loan for personal use at attractive interest rates and flexible repayment options.

Check Monthly EMI Amount For Personal Loan In Guwahati

Loan Amount

1,00,000 50,00,000

Interest Rate %

9.9% 30%

Tenure

1 Year 7 Years

Calculate

EMI Amount = *

Check Repayment Schedule
Download Repayment Schedule

Interest Rates and Charges for Personal Loan

If you are looking for a loan with the best interest rates, look no further than us. We offer loans at attractive interest rates starting from 9.99%* p.a.

Rate of Interest	Starting from 9.99%*p.a.
Loan amount	₹1 Lakh to ₹50 Lakh
Loan processing Fees	Up to 3%
Lowest EMI Per Month*	Starting from ₹2,124*/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.

To calculate the interest, the formula mentioned below is used:

E = [P x R x (1+R) N] / [(1+R) (N-1)]

Where,

P = Principal loan amount
R = Monthly rate of interest (annual interest rate/12)
N = Total number of monthly instalments (EMIs)

Features and Benefits of Personal Loan

Here are some of the key features of our loan:

Unsecured Loans
Flexible Repayment Tenure
Minimal Documentation
Quick Disbursal

Multipurpose Loan
Competitive Interest Rates
No Restrictions on End Usage

Unsecured Loans

Loans for personal use are unsecured, which means that you do not need to provide any collateral to get the loan. This makes them a convenient option for those who do not have any assets to pledge as collateral.

Flexible Repayment Tenure

These loans come with a flexible repayment tenure ranging from 12 to 84 months, which allows you to choose a repayment plan that suits your financial situation.

Minimal Documentation

The documentation required to apply for a loan with us is minimal.

Quick Disbursal

Loans for personal use are disbursed quickly, and the approval process is fast and hassle-free.

Multipurpose Loan

The loan amount can be used for various purposes, such as medical emergencies, education, home renovation, wedding expenses, and more. This makes them a versatile financial product.

Competitive Interest Rates

With us, you can finance your personal needs at a competitive interest rate starting at just 9.99%* p.a.

No Restrictions on End Usage

There are no restrictions on the end-use of the loan amount, means you can use the loan amount for any purpose you desire.

Purposes of Personal Loans

Here are some of the different purposes for which people may consider taking out a Personal Loan:

Education Expenses

Personal use loans can also be used to pay for education expenses, such as tuition, textbooks, and other fees.

Medical Expenses

If you're facing unexpected medical expenses, personal credit can help cover the costs. You can pay for surgery, hospital stays, or other medical bills without any hassle.

Overseas Travel Expenses

If you're planning a big trip abroad but don't have enough savings to cover the costs, an unsecured loan can help. You can use it for airfare, hotels, and other travel expenses.

Home Renovation

Availing a loan can also be a useful way to finance the renovation project. It can provide you with the funds you need without having to tap into your savings.