Get a Personal Loan In Mumbai With Fast Disbursement
Finance every need with an affordable solution
Mumbai fondly referred to as the “City of Dreams”, is the financial, commercial and entertainment capital of India. It is a land of opportunity for millions, who come to this city of Mumbai from all over the country. The city is undoubtedly the biggest hub for individuals who aspire to make it big within their domain.
Living in an expensive city like Mumbai can be financially challenging. If you’re having a cash crunch and are looking for a loan provider in Mumbai, then Poonawalla Fincorp offers you instant Personal Loans of up to ₹30 Lakh. Whatever your aspirations and requirements, our offering provides you with a hassle-free loan at an affordable interest rate and minimal documentation. Apply now and get an online Personal Loan in Mumbai with attractive benefits like flexible tenure, minimal documentation process, and zero foreclosure or hidden charges.
Personal Loan EMI Calculator
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Personal Loan Interest Rates in Mumbai
At Poonawalla Fincorp, we have carefully crafted our policies in a manner that benefits our customers the most. Hence, Poonawalla Fincorp is an NBFC in Mumbai for Personal Loan offering some of the lowest Personal Loan interest rates in Mumbai. Our interest rates are extremely competitive with no hidden charges. What you sign up for is what you pay, thereby avoiding any confusion or stress. So, when you come to Poonawalla Fincorp, you are assured of a Personal Loan at low interest rate in Mumbai out of all Personal Loan finance company in Mumbai.
| 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 | |
Eligibility Criteria for Instant Cash Loans in Mumbai
When you need an unsecured loan in Mumbai, you must get it with least effort. Poonawalla Fincorp provides an easy Personal Loan in Mumbai with simple eligibility criteria. You just need to make sure of following:
Personal Loan Eligibility Criteria
Age
between 22 and 57 years
Work Experience
At least 1 year and employment of at least 1 months with the current employer
Citizenship
Indian
Monthly Salary
Minimum monthly net salary of ₹30,000
- Your age is at least 22 years at the time of loan application and at the most 57 years
- You are employed full time for at least 1 year overall and for a minimum of 1 months at the current job.
- Your citizenship is Indian
- Your monthly income is at least ₹30,000
Documents Required to Apply for a Personal loan in Mumbai
As a company offering one of the best instant loans in Mumbai, Poonawalla Fincorp ensures that availing Personal Loan is also the one with the best experience for its customers. Hence, we have shortened the list of documents required for availing of this low interest rate Personal Loan in Mumbai. You simply need to submit:
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KYC documents
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Income proof
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Financial documents
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Address proof
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Proof of Employment
Benefits Of Taking a Personal Loan In Mumbai
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Higher Loan amount of up to ₹30 Lakh
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Lowest personal loan interest rate in Mumbai
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Eligible for customers between 22 and 57 years of age
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Simple and minimal documentation process
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No hidden charges
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Flexible tenure with no foreclosure charges
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Quick approval and easy disbursal
- Higher Loan amount of up to ₹30 Lakh
- Lowest personal loan interest rate in Mumbai
- Eligible for customers between 22 and 57 years of age
- Simple and minimal documentation process
- No hidden charges
- Flexible tenure with no foreclosure charges
- Quick approval and easy disbursal
Apply for Personal Loan In Mumbai within 5 Minutes
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
Frequently Asked Questions
Mumbai, commonly known as the “City that never sleeps”, is also the city that never stops. In this city, people are always short of time and are looking for ways to do things faster. At such times, Poonawalla Fincorp provides you with a quick way to apply for Personal Loan in Mumbai. You simply need to:
If you need further help, find one of our branches near you!
Address: First Floor Nirmal Deep, Doctor Moose Road, opposite Talao Pali, Talav Pali, Jambli Naka, Thane West, Thane, Maharashtra 400602
Contact Number: 1800-266-3201 (Toll Free)
Address: Unit No. 73, 7th floor, Kalpataru Sqare, Andheri-Kurla Road, Andheri (East), Mumbai - 400059
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
