Apply for a Personal Loan in Meghalaya with Quick Approval!
Meghalaya, located in northeastern India, is surrounded by beautiful mountains and lush green forests. With a rapidly growing city, the standard of living also continues to improve, leading to a growing demand for robust financing solutions. This is where Poonawalla Fincorp's Personal Loan can help.
A Personal Loan in Meghalaya from Poonawalla Fincorp can be the best choice for you to fulfil various financial needs. It comes with a high loan amount, can be applied for through a simple application process, and is processed quickly. Apply now!
Features and Benefits of Personal Loan in Meghalaya
A Personal Loan from Poonawalla Fincorp is borrower-friendly and allows you to avail of a loan within a short time, offering various features and benefits, which are mentioned below:
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Collateral-free
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Multi-purpose Usage
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Competitive interest Rates and Charges
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Quick Approval
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Instant Disbursal
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No Hidden Charges
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No Penalty for Prepayment or Foreclosure
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Flexible Repayment Plans
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Simple 5 Step Online Application
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Easy-to-Use EMI Calculator
Personal Loan Interest Rates and Charges in Meghalaya
Avail of our Personal Loan at competitive interest rates. You can check the other applicable charges mentioned below:
| Personal Loan Interest Rates | 9.99%* p.a. onwards |
| Loan Amount | ₹1 Lakh to ₹30 Lakh |
| Loan Processing Fees | Up to 2% plus applicable taxes |
| Lowest EMI per month | Starting from ₹2,124* per Lakh for 60 months |
| Loan Tenure | 12 – 60 months |
| Prepayment/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 taxes |
| Stamp Duty | At actuals (as per state) |
| No Other Hidden Charges | Nil |
EMI Calculator
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EMI Amount = *
Eligibility Criteria for Personal Loan in Meghalaya
The eligibility criteria for our Personal Loan in Meghalaya include:
Age
22 years at the time of loan application and not more than 57 years
Work Experience
Salaried employees with 1 year of work exprience
Citizenship
Indian
Monthly Income
Starting ₹30,000 based on your city of residence
Documents required for Personal Loan in Meghalaya
Poonawalla Fincorp’s Personal Loan application process requires minimal paperwork, making it stress-free for the borrowers. Check the required list of documents below:
| Documents Category | Personal Loan Documents Required |
| KYC Documents | PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport |
| Current Address Proof | Passport/Utility Bills/Rent Agreement |
| Income Documents | Latest salary slips for the last 3 months |
| Financial Documents | Bank Statement for the last 3 months |
| Employment Proof | Official Mail ID Confirmation/Employee ID Card (in case official mail ID confirmation is not possible) |
We Offer Personal Loan in Meghalaya to:
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Salaried individuals
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Salaried Doctors
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Salaried Chartered Accountants
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Salaried Company Secretaries
Uses of a Personal Loan in Meghalaya
You can apply for a Personal Loan in Meghalaya for various purposes, such as:
- Debt Consolidation: Combine multiple high-interest debts into one at better and more favourable terms.
- Wedding: With Poonawalla Fincorp’s Personal Loan, you can fulfil all the financial obligations required to plan your dream wedding.
- Medical Emergencies: You can avail of a Personal Loan to cover urgent medical expenses and get timely medical treatment.
- Home Renovation: With a Personal Loan, you can renovate or repair your home and transform it for the better.
- Higher Education: If you are applying to study abroad or planning to pursue higher education in India, Poonawalla Fincorp’s Personal Loan is the best option available for you to fulfil your dreams.
How to Apply for a Personal Loan in Meghalaya?
Apply
Online
Apply Online
Click on ‘Apply Now’ and complete the application form
Personal
Details
Personal Details
Enter your DOB, qualification, and residential details
Verification
Verification
Submit and upload all details for verification and assessment
Conclusion
A Personal Loan from Poonawalla Fincorp in Meghalaya allows you to enjoy various benefits, such as higher loan amount, attractive interest rates, minimal paperwork and many more. These borrower-friendly features make it a wise choice for you. While applying for the loan, check all the required documents beforehand for a smooth and quick process.
*Terms & Conditions Apply
