Apply for a Personal Loan in Madurai with Quick Approval
Madurai, also known as the cultural capital of Tamil Nadu, is a vibrant city located in southern India. Known for its rich history and cultural heritage, Madurai is home to several magnificent temples, including the iconic Meenakshi Amman Temple.
If you're a resident of Madurai and in need of quick cash, applying for a Personal Loan with Poonawalla Fincorp can be a great option. Our Personal Loans can help you meet various financial needs, such as funding a wedding, paying for medical expenses, or paying for higher education.
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Interest Rates and Charges for Personal Loans in Madurai
Personal Loans are a type of unsecured loan that can be used for various purposes, such as paying for medical expenses, home renovations, wedding expenses, and more. However, the interest rates for Personal Loans can vary depending on the lender, the loan amount, and the borrower's credit score.
Luckily, in Madurai, Poonawalla Fincorp offers Personal Loans at competitive interest rates, starting from just 9.99%* per annum. You can easily apply for the required loan amount and get quick disbursal within a short time.
| Interest Rate | Starting from 9.99%*p.a. |
| Loan Amount | ₹1 Lakh to ₹30 Lakh |
| Loan Processing | Up to 2% plus applicable taxes |
| Lowest EMI Per Month* | Starting from ₹2,124* per Lakh for 60 months |
| Loan Tenure | 12-60 months |
| Pre-Payment/Foreclosure Charges | 0%* If paid from own sources & 4% If paid from other sources |
| Default Interest | 3% per month |
| Repayment Instrument Dishonor Charges | ₹500 per bounce plus applicable charges |
| Stamp Duty | At actuals (as per state) |
| No Other Hidden Charges | |
Features and Benefits of Personal Loans in Madurai
Personal Loans are a popular financial product in Madurai and for good reason. They offer a range of features and benefits that can help individuals achieve their financial goals.
Some of the top features and benefits of Personal Loans in Madurai include the following:
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No Collateral Involved
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Attractive Interest Rates
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Multipurpose Loan
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Flexible Repayment Tenure
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Minimal Documentation
No Collateral Involved
Poonawalla Fincorp’s Personal Loans are unsecured, which means that the borrower does not need to provide collateral to obtain the loan.
Attractive Interest Rates
Poonawalla Fincorp offers Personal Loans in Madurai at attractive interest rates, starting from just 9.99%* per annum.
Multipurpose Loan
Personal Loans can be used for a variety of purposes, such as home renovations, medical expenses, meeting higher education costs, and more.
Flexible Repayment Terms
Poonawalla Fincorp’s Personal Loans come with a flexible repayment tenure of up to 60 months.
Minimal Documentation
Borrowers only need to submit basic KYC documents when applying for a Personal Loan in Madurai from Poonawalla Fincorp.
We offer Personal Loans in Madurai for salaried employees, government employees, and professionals like Doctors, Chartered Accountants, and Company Secretaries.
Purposes of Personal Loans in Madurai
Personal Loans in Madurai can be used for any of the following purposes:
Medical Expenses
Personal Loans provide timely financial assistance during emergencies like payment of medical expenses.
Higher Education
Borrowers can fulfil their higher education goals by getting a Personal Loan to fund their education at their dream educational institution.
Overseas Travel
Personal Loans can help meet various travel-related expenses when visiting an overseas destination.
Wedding
Wedding-related expenses in India often go over the budget. So, getting a Personal Loan to meet wedding costs is an excellent option.
Home Renovation
Home renovations take up lots of time and money. A Personal Loan can help fulfil home renovation and/or repair costs easily.
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Branch Address:
Poonawalla Fincorp Limited
Address : "ATP Tower", Door No. 12A, 4th Floor, Bypass Road, Madurai, Tamilnadu-625016
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
