Loan Amount:
Up to â‚ą50 Lakh
Interest Rate
Starting at 9.99%* p.a.
Loan Tenure
12-84 Months

Get a Hassle-free Personal Loan in Kolkata

Kolkata, also known as Calcutta, is one of the biggest cities in India and renowned for its culture, developing IT sector and thriving economy. Fulfil your aspirations like taking a long overdue vacation, going for higher studies, having a grand wedding, etc. in this city with a Personal Loan from Poonawalla Fincorp.

Avail of our collateral-free loan of up to â‚ą50 Lakh with no restrictions in terms of end use of the loan amount. Take advantage of our attractive interest rates, simple eligibility criteria, fast approval and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
Minimal
Documentation
Competitive
Interest Rate
No Hidden
Charges
Quick
Approval
No End-use
Restrictions

Personal Loan EMI Calculator

Calculate your monthly payments with our easy-to-use online EMI calculator. Slide the bar to enter the loan amount, tenure and interest rates. Use now!

Optimise Your Personal Loan Experience
With Monthly Budget Planning

Monthly Payable Amountâ‚ą8,791
Principal Amount
â‚ą100000
Interest Payable
â‚ą5,493

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 Kolkata

Avail of a collateral-free loan for personal use by fulfilling our simple eligibility requirements:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Employment Type: Full-time job at a private or public sector organisation.
  • Work Experience: Full-time job at a private or public sector organisation.
  • Net Monthly Salary: At least â‚ą30,000 per month.

Documents Required for a Personal Loan in Kolkata

Submit a few essential documents:

  • KYC Documents: Driving License, PAN Card, Aadhaar Card, Passport or Voter ID.
  • Income Proof: Bank statements and salary slips for the last 3 months.
  • Employment Proof: Utility bills, passport or rent agreement.
  • Address Proof: Official mail ID or Employee ID card.

Note: The list of documents 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 Kolkata

Get a loan for personal use at competitive interest rates and minimal charges:

Interest Rate
9.99%* p.a. onwards
Loan Amount
â‚ą1 Lakh to â‚ą50 Lakh
Loan Processing Fees
Up to 3% plus applicable taxes
Lowest EMI Per Month
Starting from â‚ą2,124* 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
â‚ą500 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 Kolkata

  • Fund a vacation for your family
  • Pay for higher education abroad
  • Finance your wedding ceremony
  • Take care of medical emergencies
  • Pay for renovating your home

Who Can Get a Personal Loan in Kolkata

  • Salaried Doctors
  • Salaried Individuals
  • Salaried Chartered Accountants
  • Salaried Company Secretaries

Tips for Successful Personal Loan Application

  • Check our eligibility requirements
  • Keep a low debt-to-income ratio
  • Check your credit score
  • Avoid multiple loan applications
  • Keep the necessary documents ready

Poonawalla Fincorp Branch Address in Kolkata

Poonawalla Fincorp Limited

Address: 6th Floor, Apeejay House, Block B, Unit No: B/6/1, 15 Park Street, Kolkata, West Bengal-700016

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

How does applying for a Personal Loan multiple times affect my credit score?

Applying for multiple personal loans within a short time can negatively impact your credit score. When you apply for a personal loan, a hard inquiry is done to check your credit history. Although one hard inquiry has minimal impact on your credit score, applying for a loan or credit facility many times within a short duration leads to multiple hard inquiries. This can have a negative effect on your credit score and reduce your eligibility for availing of credit facilities.

Can I prepay my Personal Loan?

Yes, you can prepay your Personal Loan with Poonawalla Fincorp without any foreclosure charges if you use your own funds. However, if you use other sources to pay off the loan, a 4% foreclosure charge will apply.

Can I get a Personal Loan with a poor credit score?

Getting a Personal Loan with a poor credit score is challenging. Individuals having credit scores of 750 and above have higher chances of availing a Personal Loan at lower interest rates and favourable terms. You may still be able to avail personal loan with lower credit scores but at higher interest rates, longer tenure or other stringent conditions.