Get a Personal Loan With Fast Disbursement
Finance every need with an affordable solution
Surat, since its colonial history, has been a centre for diamond polishing and textiles. It ranks among the top cities in India and holds the honour of being one of the cleanest cities in the country. The city is an economic powerhouse that has attracted many from across the states of Gujarat and Maharashtra to set up businesses and enterprises with the aim of growing along with the city.
Are you looking for a Personal Loan? Poonawalla Fincorp provides easy, transparent, and unsecured loans of up to ₹50 Lakh. It could be used for planning a dream wedding, financing the ideal vacation, renovating your home, taking care of medical emergencies, or any other urgent financial need. Now, finance your personal needs effortlessly at competitive interest rates with no hidden costs, ensuring loan affordability and transparency.
Check Monthly EMI Amount For Personal Loan In Surat
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EMI Amount = *
Personal Loan Interest Rate
We offer an unsecured loan at low interest rates. Our interest rates are among the lowest offered by other lenders.
| Interest Rate | 9.99%* p.a. onwards |
| Loan Amount | ₹1 Lakh to ₹50 Lakh |
| Loan Processing Fees | Up to 3% |
| 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% per annum |
| Repayment Instrument Dishonour Charges | ₹500 per bounce plus applicable taxes |
| Stamp Duty | At actuals (as per state) |
| No Other Hidden Charges | |
Note: Default Charges: Penalty will be charged for non payment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.
Eligibility Criteria for Personal Loan
We have kept our eligibility criteria simple so that a maximum number of people can benefit:
Personal Loan Eligibility Criteria
Age
between 21 and 60 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
- Age – not less than 21 years at the time of loan application and not more than 60 years.
- Citizenship –Indian.
- Employment – full-time job at a well-reputed company.
- Work experience – at least 1 year of work experience and at least 1 months of stable employment with your current employer.
- Monthly salary – not less than ₹30,000
Documents Required for Personal Loans
You just need the following documents to apply for a loan for personal use:
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KYC – PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport
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Income documents – latest salary slip
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Financial documents – Salary account statement for past 3 months
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Address proof – rent agreement/utility bills
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Employment proof – Employee ID card and official Email ID confirmation
Benefits Of Taking a Personal Loan
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Higher Loan amount of up to ₹50 Lakh
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Competitive interest rate
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Eligible for customers between 21-60 years
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Transparent loans with no hidden charges
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Flexible repayment tenure
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Minimal documentation process
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No foreclosure or pre-payment charges*
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Quick approval and easy disbursal
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Easy and hassle-free process
- Higher loan amounts up to ₹50 Lakh - Get a personal credit of up to ₹50 Lakh based on your profile and meet both small and big-ticket obligations.
- Low Loan interest rates - We provide you with attractive and low interest rates to cater to all your personal requirements. Therefore, you don’t have to look anywhere else when you apply for a loan.
- Eligible for customers between 21-60 years - Age should be minimum of 21 years at the time of loan application and a maximum of 60 years.
- Transparent loans with no hidden charges - There’s nothing hidden in our loan process, and all loan conditions are clearly presented in our fine print. This means you only pay what is clearly communicated.
- Flexible repayment tenure - Paying back your loan should be a comfortable experience, and you can experience this convenience with our loan. Choose a tenure that ranges up to 84 months, and never exceed your budget when repaying the loan.
- Minimal documentation process - Since a loan for personal use is an unsecured loan with no collateral, it requires very little documentation. This makes the documentation process relatively simple, which is why it is approved and disbursed quickly.
- No foreclosure or pre-payment charges* - One of the important features of our loans is that you can enjoy interest savings by diverting any disposable income you may have toward loan prepayments. To make things better, there are no prepayment or foreclosure charges at all.
- Quick approval and easy disbursal - Loan processing can be taxing and time-consuming, but we promise an uncomplicated experience. Thanks to our simple eligibility criteria, you can avail of quick loans when you need funds.
- Easy and hassle-free process - We leverage online loan application process to minimize the effort needed to get a loan. Apply online for our loan offering in just a few easy steps through the user-friendly portal!
Apply for Personal Loan 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
Getting a loan from us is easy. Just follow these steps and enjoy a stress-free experience:
- Click on “Apply Now”.
- Fill out the application form.
- Upload all the necessary documents.
If you need further help, find one of our branches near you!
Poonawalla Fincorp Limited
Address: Office No. 207 and 208, 2nd Floor, RIO EMPIRE, Near Pal RTO, Adjan,Surat, Gujarat-394510
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
