Get Instant Approval on a Personal Loan
Navigating through unforeseen financial needs just became easy! With Poonawalla Fincorp, you can get a collateral-free Personal Loan up to ₹50 Lakh at competitive interest rates starting at as low as 9.99%* p.a., minimal documentation, and fast approval.
Whether you are renovating your home, covering medical expenses, or consolidating debt, our Personal Loan empowers you to seize control of your finances and achieve your personal goals. Get ready to enjoy a smooth loan journey – from application to disbursal. Apply now!
Why Choose Poonawalla Fincorp
Personal Loan EMI Calculator
Empower your financial decisions with Poonawalla Fincorp’s EMI calculator. Plan your monthly budget to embark on a journey to financial flexibility.
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
Meet a few basic eligibility criteria to avail of a Personal Loan with quick approval:
- Age: Between 21 and 60 years.
- Citizenship: Indian.
- Employment: Full-time at Central Govt, PSU, MNC, Listed, Unlisted Public Ltd, Pvt Ltd, LLP, or companies listed internally.
- Work Experience: At least 1 year of job experience and at least 1 month of stable employment at their current job.
- Monthly Income: At least ₹30,000.
Documents Required for a Personal Loan
Submit a few necessary documents to successfully apply for a Personal Loan:
- KYC Documents: PAN Card, Aadhaar Card, Driving License, Voter ID, Passport.
- Address Proof: Passport, Utility Bills, Rent Agreement.
- Income Proof: Salary slips for the last 3 months.
- Financial Proof: Bank statement for the last 3 months.
- Employment Proof: Office email/ Office ID card (in case office email ID is not confirmed).
Interest Rates and Charges for a Personal Loan
Get personal use loan at attractive interest rate and 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
Get a Personal Loan for Various Needs
Redesign your home with a loan for home renovation and improvement. Give your home a fresh look to reflect your taste and personality. Turn your abode into your dream home.
Weddings in India are grand affairs, and Personal Loans often help cover the significant costs associated with venue bookings, catering, decorations, and clothing.
Finance your higher education, be it tuition fees or living expenses for domestic and international courses with our Personal Loan.
In the absence of adequate health insurance, Personal Loans provide a quick financial solution for unexpected medical emergencies or costly medical procedures.
Give yourself and your family a well-deserved break. Travel in India or abroad with a loan for personal use. Refresh, rejuvenate, and spend quality time with yourself and your loved ones.
Buy high-value consumer goods like electronics, furniture, and appliances, especially during festive seasons with our loan.
While specific vehicle loans exist, some prefer a loan to purchase a two-wheelers or a used car due to no end-use restriction and quick approval.
Festivals are significant in India, and a loan can help in managing expenses related to festivities, including buying gifts, home decor, and other ceremonial expenses.
If you have multiple high-interest debts, it's better to consolidate them into a single loan with a lower interest rate. Our Personal Loan with a competitive interest rate is your perfect way out of multiple debt. Moreover, it is always easier to remember the loan EMI due dates and other details for a single loan.
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.
Discover More with
Other Loan Options to Suit Your Needs




























































































































































Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s
FinHub
Frequently Asked Questions
A Personal Loan is offered by lending institutions to help borrowers meet any urgent financial need or fulfil their aspirations. It is unsecured, meaning the borrowers do not pledge collateral. Also, a Personal Loan does not come with end-usage restrictions. Borrowers can use this loan to address any immediate requirements.
Apply for a Personal Loan from Poonawalla Fincorp in just 3 steps:
- Step 1: Click on ‘Apply Now’.
- Step 2: Enter your personal details.
- Step 3: Upload the required documents.
A Personal Loan is a collateral-free loan, and it is used for:
- Medical emergencies
- Home renovation
- Wedding
- Higher education
- Vacation
In other words, a Personal Loan is used to fulfil any urgent financial requirement.
In other words, a Personal Loan is used to fulfil any urgent financial requirement.
The documentation requirements for a Personal Loan from Poonawalla Fincorp are:
- KYC Documents - PAN card, Aadhaar card, Driving license, Voter ID, Passport.
- Address Proof - Passport, Utility bills, Rent agreement.
- Income Proof - Salary slips for the last 3 months.
- Financial Proof - Bank statement for the last 3 months.
- Employment Proof - Office email, Office ID card (in case office email ID is not confirmed).
The minimum credit score required for availing of a Loan for personal usage from Poonawalla Fincorp is 750.
Poonawalla Fincorp is one of the largest and fastest-growing Non-Banking Financial Services Companies with a rich legacy of trust, transparency, and a customer-first approach. Here are a few benefits and features of a Personal Loan from Poonawalla Fincorp:
- High loan amount: Get up to ₹50 Lakh.
- Complete transparency: No hidden charges.
- Hassle-free application: Digital process with minimal documentation.
- Quick approval and disbursal: No need to wait for days to get the loan.
- Competitive interest rates: Personal Loan interest rates start at 9.99% p.a.
- Flexible EMIs: With a loan tenure of 12-84 months, choose your EMIs at your convenience.
- No foreclosure charges: Prepay the Personal Loan without paying any charges.