Piramal Finance Ltd offers personal loans @12.90% p.a. onwards for loan amounts of up to Rs 25 lakhs and repayment tenures of up to 5 years. The Piramal Finance provides instant personal loans to loan applicants for taking care of expenses related to wedding, travel, home renovation, education, etc. Loan applicants can avail Piramal Finance Personal Loans with minimal documentation and quick loan disbursal. Piramal Finance has also partnered with Paisabazaar to offer pre-qualified personal loans to its select customers.
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Piramal Finance Personal Loan Highlights |
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| Interest rates | 12.90% p.a. onwards;
14% p.a. for Instant personal loans |
| Loan amount | Up to Rs 25 lakh for personal loans;
Up to Rs 5 lakh for instant personal loans |
| Loan tenure | Up to 5 years |
| Processing Fees | Up to 5% of the total loan amount plus applicable taxes |
Note: Rates as of 29 April 2025
Piramal Finance Personal Loan interest rates start from 12.90% p.a. onwards. Although Piramal Finance has not disclosed offering different personal loan interest rates for its loan applicants based on factors like credit scores, monthly income, occupation profile, employer’s profile, etc., most lenders consider these factors while setting the personal loan interest rates of their loan applicants.
| Personal Loan Schemes | Interest Rate (p.a.) |
| Personal Loan | 12.90% onwards |
| Instant Personal Loan | 14.00% onwards |
The processing fees and other charges for availing Piramal Finance Personal Loans are as follows:
| Loan Product | Interest Rates (p.a.) |
| Processing fees | Up to 5% of the total loan amount plus applicable taxes |
| Application/login processing fees (Non-refundable) | Rs 3,500 + applicable taxes |
| Loan Product | Interest Rates (p.a.) |
| Part-prepayment/pre-closure charges | Up to 3% of principal outstanding plus applicable GST |
| Loan Pre-Closure Statement | NIL |
| Loan Product | Interest Rates (p.a.) |
| Penal Charges | – 24% p.a. (2% p.m.) on EMI defaults from the date of default till the date of actual payment – 2% p.m. on the outstanding amount for the non-compliance of the terms and conditions for the period beginning the date of such non-compliance until the same is rectified per Piramal Finance |
| Admin Charges | Up to Rs 5,000 |
| EMI date change | Rs 1,000 |
| EMI/PEMII collection charges (Only for NPDC cases) |
Rs 500 plus applicable taxes per month (excluding the first 3 months from the date of disbursement) |
| Rate of Interest conversion charges | 0.50% of the Loan outstanding + applicable taxes |
| Loan repayment instrument dishonor charges |
Rs 750 per instance |
| CERSAI charges | Rs 500 plus applicable taxes |
| Documentation Charges | Up to Rs 1,000 plus Interest accrued & due |
| Repayment schedule (applicable only for physical copies) | Rs 500 plus applicable taxes |
| Change of loan repayment mode | Rs 500 plus applicable taxes |
| Statement of Account Charges (Only applicable for the physical copy of the statement) |
Rs 500 plus applicable taxes |
| Loan cancellation after cheque handover | Rs 3,000 plus Interest accrued & due plus applicable taxes |
| Duplicate No Due Certificate/NOC issuance charges |
Rs 500 plus applicable taxes |
The personal loan eligibility criteria set for loan applicants availing Piramal Finance Personal Loans are as follows:
The personal loan documents required for loan applicants availing Piramal Finance Personal Loans are mentioned below:
| KYC Documents | Aadhaar Card, PAN Card, Voter ID/Passport |
| Income/Salary Proofs | Bank Statements & Salary Slips for the last 3 months |
To help you plan your repayments, here are sample EMI amounts based on different loan amounts, with a tenure of 5 years and an interest rate of 12.00% p.a..
| Loan Amount | Tenure | Interest Rate (p.a.) | EMI |
| Rs 1 lakh | 5 | 12.00% | Rs 2,224 |
| Rs 5 lakh | 5 | 12.00% | Rs 11,122 |
| Rs 10 lakh | 5 | 12.00% | Rs 22,244 |
You can apply for a personal loan from Piramal Finance through their website or through Paisabazaar’s website. Piramal Finance has partnered with Paisabazaar to offer pre-qualified personal loans to its select customers. On Paisabazaar, you can compare Piramal Finance offers with other partners and benefit from expert advice that help you access a personal loan at the best interest rates and easy digital processes.
You can contact Piramal Finance customer care via:
| NBFCs | Piramal Finance | Tata Capital | Axis Bank | ICICI Bank |
| Rates | 12.90% p.a. onwards | 11.99% p.a. onwards | 11.25% p.a. onwards | 10.85%-16.65% p.a. |
| Processing Fee | Up to 5% of the loan amount | Up to 4% of the loan amount | Up to 2% of the loan amount | Up to 2% of the loan amount |
| Max. Loan Amount | Up to Rs 25 lakh | Up to Rs 35 lakh | Up to Rs 10 lakh | Up to Rs 50 lakh |
| Min. Monthly Salary Required | Rs 20,000 | Rs 15,000 | Rs 15,000 for Axis Bank customers; Rs 25,000 for non-Axis Bank customers | Rs 30,000 |
The interest rate on personal loans from Piramal Finance starts at 12.90% p.a., depending on your credit score and other ascepts of your credit profile.
Piramal Finance offers personal loans ranging from Rs 25,000 to Rs 25 lakh, depending on your occupation profile, income, credit score, etc.
Piramal Finance offers personal loans to individuals aged between 21 to 63 years. Eligible applicants include salaried employees (both private and government) with a minimum monthly salary of Rs 20,000, and self-employed individuals with an annual income of a minimum Rs 3 lakh. The NBFC has set a credit score requirement of 700 and above.
The documents required for a Piramal Finance personal loan include bank statements and salary slips for the past 3 months. For KYC verification, you will need to provide Aadhaar card, PAN card, and either a Voter ID or Passport.
The EMI for a Rs 5 lakh personal loan depends on the interest rate and loan tenure. For example, for a loan amount of Rs 5 lakh with an interest rate of 13.50% p.a. and a tenure of 5 years, the estimated EMI would be approximately Rs 11,505.
The minimum CIBIL score required for a personal loan from Piramal Finance is 700 or above. A higher score increases your chances of getting a loan at a lower interest rate.
You can foreclose your Piramal personal loan, subject toa foreclosure charge of up to 3% of the outstanding loan amount plus applicable taxes.
Piramal Finance offers loan tenures ranging from 1 year to 5 years, depending on the loan amount and applicant’s eligibility.
Piramal Finance offers instant personal loan disbursal for eligible salaried applicants at an interest rate of 14% p.a. onwards for a repayment period of 9 to 5 years. The loan amount ranges from Rs 50,000 to Rs 5 lakh. The NBFC claims to disburse loans within 24 hours once approved.
You can contact Piramal Finance customer care via their toll-free number at 1800 266 6444 (available from 9 am to 6:30 pm, excluding Sundays and public holidays). Alternatively, you can email them at customercare@piramal.com. For in-person assistance, visit their branch from 10 am to 4 pm, excluding national holidays, Sundays, and the 1st & 2nd Saturdays of the month. Additionally, you can start a conversation via WhatsApp by scanning the QR code in the support section of their website.
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