Loan Amount
Up to ₹50 Lakh
Interest Rate
Starting at 9.99%* p.a.
Loan Tenure
12-84 Months

Avail of a Quick Personal Loan in Nagpur

Nagpur is an important cultural and commercial centre in Maharashtra, India. Manage your financial expenses in this city – from paying for your higher studies to covering your hospital bills - with a Personal Loan from Poonawalla Fincorp. Get a loan of up to ₹50 Lakh with zero collateral and minimal paperwork. Benefit from our competitive interest rates, online application process, simple eligibility criteria and swift approval. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
Attractive Interest
Rate
Quick
Approval
No Hidden
Charges
Minimal
Paperwork
Flexible Loan
Tenure

Personal Loan EMI Calculator

Use our EMI calculator to know your monthly payments. Enter the loan amount, interest rate and tenure to calculate your EMIs instantly. Try now!

Optimise Your Personal Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

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 Nagpur

Meet our simple eligibility requirements to get a personal-use loan:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Employment Type: Full-time job at a private or public sector organisation.
  • Work Experience: 1 year or more with at least 1 month at current job.
  • Net Monthly Salary: At least ₹30,000.

Documents Required for a Personal Loan in Nagpur

Upload just a few documents to apply for the loan:

  • KYC Documents: PAN Card, Driving License, Aadhaar Card, Voter ID or Passport.
  • Income Proof: Salary slips and bank statements for the last 3 months.
  • Address Proof: Rent Agreement, Utility Bills, or Passport.
  • Employment Proof: Official mail ID or Employee ID card.

Note: The list of documents mentioned above is indicative. Additional documents may be required during the loan processing stage. 

Interest Rate and Charges for a Personal Loan in Nagpur

We offer a personal credit loan at competitive interest rates and nominal charges:

Interest Rate
9.99%* p.a. onwards
Loan Amount
₹1 Lakh to ₹50 Lakh
Loan Processing Fees
Up to 3% plus applicable taxes
Lowest EMI Per Month
Starting from ₹2,124* 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
₹500 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 Nagpur

  • Paying for urgent medical treatments  
  • Financing your higher education 
  • Covering your travel costs 
  • Renovating your home 
  • Purchasing consumer durables 

Who Can Get a Personal Loan in Nagpur

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

Tips for a Successful Personal Loan Application

  • Fulfil the eligibility criteria  
  • Maintain a low debt-to-income ratio  
  • Check your credit score  
  • Keep the required documents ready  
  • Avoid submitting multiple loan applications 

Poonawalla Fincorp Branch Address in Nagpur

Poonawalla Fincorp Limited

Address: 1st Floor, Vision, Plot No. 9, CTS No. 1062, VIP road, Beside traffic park, Mouje Gadge, Dharampeth, Nagpur, Maharashtra-440010 

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

Can I use Poonawalla Fincorp’s Personal Loan to consolidate my high-interest debts?

Yes, you can avail of our Personal Loan for debt consolidation. Availing of a debt consolidation loan allows you to simplify your EMI payments and reduce your overall interest burden. 

What is the minimum interest rate for a Personal Loan from Poonawalla Fincorp?

The interest rate for Poonawalla Fincorp’s personal-use loan starts from 9.99%* p.a. The final interest rate applicable depends on your CIBIL score, monthly income, repayment capacity, employment profile, etc. 

What is the minimum EMI payable for a personal credit loan from Poonawalla Fincorp?

The minimum EMI for Poonawalla Fincorp’s loan for personal use is ₹2,124. This EMI is payable for a loan amount of ₹1 Lakh, tenure of 5 years and interest rate of 9.99%* p.a.