Get a Personal Loan in Mumbai Instantly
Mumbai, the capital financial city of India, is also home to several industries, such as IT, consumer goods, textiles, entertainment, etc. Although the city provides various economic opportunities for its residents, the cost of living is relatively steep.
Meet any urgent expense in the city with a Personal Loan from Poonawalla Fincorp. Avail of a collateral-free loan of up to ₹50 Lakh with minimal documentation. Benefit from our competitive interest rates, seamless online application process and swift approval. Apply now!
Why Choose Poonawalla Fincorp
Personal Loan EMI Calculator
Make use of our EMI calculator to know our monthly payments. Enter the loan amount, tenure and interest rate to instantly calculate your EMIs. Try now!
Apply for a Personal Loan in Just 3 Steps
Click on “Apply Now”
Tap the “Apply Now”button to initiate your application.
Enter Details
Enter your DOB, PAN card number, monthly income, and residential details.
Upload Documents
Upload the necessary documents for quicker approval.
On successful verification, the loan amount will be disbursed into your bank account instantly.
Eligibility Criteria for a Personal Loan in Mumbai
Get the loan at attractive interest rate and nominal charges:
- Age: Between 21 and 60 years.
- Citizenship: Indian.
- Employment Type: Full-time job at a private or public sector organisation.
- Work Experience: Minimum 1 year with at least 1 month at current job.
- Net Monthly Salary: At least ₹30,000 per month.
Documents Required for a Personal Loan in Mumbai
Upload a few documents to apply for our personal use loan:
- KYC Documents: Voter ID, Driving License, Aadhaar Card, PAN Card or Passport.
- Income Documents: Salary slips and bank statements for the last 3 months.
- Address Proof: Passport, Rent Agreement or Utility Bills.
- Employment Proof: Official mail ID or Employee ID card.
Interest Rate and Charges for a Personal Loan in Mumbai
Get a loan for personal use with competitive interest rates and minimal charges:
4% if paid from other sources
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 Mumbai
- Consolidating high-interest debts
- Covering unexpected medical costs
- Travelling to overseas destinations
- Renovating your home
- Pursuing higher education
Who Can Get a Personal Loan in Mumbai
- Salaried individuals
- Salaried Company Secretaries
- Salaried doctors
- Salaried Chartered Accountants
Tips for a Successful Personal Loan Application
- Check the loan eligibility criteria
- Keep your credit utilisation ratio below 30%
- Check your credit score
- Maintain a low debt-to-income ratio
- Ensure you have the necessary documents
- Avoid multiple loan applications
Poonawalla Fincorp Branch Address in Mumbai
Poonawalla Fincorp Limited
Address: Unit No. 73, 7th floor, Kalpataru Square, Kondivita Lane, Andheri-Kurla Road, Andheri (East), Mumbai, Maharashtra -400059
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)
Happy Customers, Happy Us


I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.


Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!


Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.


I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!


A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.


I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.


I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.
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Frequently Asked Questions
To improve your chances of availing of a loan for personal use, follow these strategies:
- Maintain a credit score
- Keep your credit utilisation ratio to 30%
- Maintain a lower debt-to-income ratio
- Provide the necessary documentation
- Choose a loan tenure that aligns with your repayment capacity
The loan tenure for our personal credit loan ranges from 12 to 84 months. You should select a tenure based on your repayment capacity.
Yes, you can avail of our Personal Loan to pay for your child’s education. You can cover the admission and tuition fees, accommodation costs, travel expenses, cost of study material, etc. with the loan.