Avail of a Short-term Personal Loan With Flexible EMIs
Handling financial emergencies is never easy unless you have access to easy credit facilities with favourable terms. From meeting your urgent medical expenses to covering your higher education costs, meet all your immediate expenses with a short-term loan from Poonawalla Fincorp. Get a collateral-free loan of up to ₹50 Lakh with no end-usage restrictions, competitive interest rates and no hidden charges. Apply now!
Features and Benefits of a Short-term Loan
EMI Calculator for a Short-term Personal Loan
Plan your monthly repayments with our online EMI calculator. Just enter the loan amount, interest rate, and tenure. 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 Short-term Personal Loan
Meet our simple eligibility criteria:
- Age: Between 21 and 60 years.
- Citizenship: Indian.
- Employment: Full-time job at specified organisations (Central Govt, PSU, MNCs, etc.)
- Work Experience: 1 year or more with at least 1 month at current organisation.
- Net Monthly Salary: At least ₹30,000.
Documents Required for a Short-term Loan
Submit just a few documents to apply for the loan:
- KYC Documents: PAN Card, Aadhaar Card, Driving License, Voter ID or Passport.
- Address Proof: Passport, Rent Agreement or Utility Bills.
- Income Documents: Last 3-month salary slips.
- Financial Documents: Bank statement from the last 3 months.
- Employment Proof: Employee ID card or Official mail ID confirmation.
Note: The list of loan documents mentioned above is indicative. You may have to submit additional documents during the loan processing stage.
Short-term Personal Loan Interest Rate and Charges
Get a short-term unsecured loan at attractive interest rates and nominal 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
Why Get a Short-term Personal Loan
- Covering emergency medical expenses: Manage the costs arising from urgent medical bills with a short-term Personal Loan.
- Financing your higher education goals: Pay for your or your family member’s higher studies with our short-term loan.
- Managing your travel expenses: Go to your favourite holiday destination easily with our collateral-free loan.
- Consolidating high-interest debt: Combine all your existing debts into a single loan at a lower interest rate and reduce your monthly repayment obligations.
- Paying for home renovation: Avail of a short-term loan to cover your home refurbishment costs.
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
Yes. Your net monthly income plays an important role in securing loan approval, as a higher income reflects a better repayment capacity. The minimum net monthly income for our loan for short-term is ₹30,000.
No, our short-term unsecured Personal Loan is available only for salaried employees and salaried doctors, Chartered Accountants (CA) and Company Secretaries (CS).
Many factors influence the interest rate of your short-term Personal Loan, including your credit score, monthly income, work experience, repayment capacity, etc.