Paisabazaar Logo - Compare loans and credit cards

Poonawalla Fincorp Personal Loan

Poonawalla Fincorp, a Paisabazaar partner, offers personal loans from Rs 50,000 to Rs 5 lakh at interest rates starting from 18% p.a.

Amazon Pay
Get up to ₹1,000*Amazon PayVoucher on disbursal
Valid till 15th November '25
Valid till 15th November '25*T&C Apply

Check Personal Loan Offers Online

Customer Rating

4.2/5

2839 Reviews

51M+Satisfied Customers
65+Lending Partners
800+Cities across India

Paisabazaar Exclusive Benefits

Icon image of Wide Choice

Wide Choice

Curated offers from 30+ lenders

Icon image of Quick Disbursal

Quick Disbursal

Money in your account instantly

Icon image of SmartMatch

SmartMatch

Offers ranked according to eligibility

Icon image of Digital Process

Digital Process

Hassle-free & paperless

Illustration

Find Best Personal Loan Offers

Sort by:

HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max. Loan Amt.Upto ₹25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee₹ 6,500
Axis Bank
Low Processing fee
Max. Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Lowest Income requirement100% Digital Process*
Max. Loan Amt.Upto ₹25L
Rate of Interest9.98% - 17.2%
Tenure upto1-5 Years
Processing Fee1.1% - 1.5%

Quick Links

Why Choose Paisabazaar?
image of Compare & Choose the <strong>Best Offer</strong>

Compare & Choose the Best Offer

image of Pre-approved Offers with <strong>Instant Disbursals</strong>

Pre-approved Offers with Instant Disbursals

image of Know Your <strong>Chances of Approval</strong>

Know Your Chances of Approval

image of End-to-End <strong>Digital Process</strong>

End-to-End Digital Process

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

About Poonawalla Fincorp Personal Loan

  • Interest Rate: 18%-36% p.a.
  • Loan Amount: Rs 50,000 to Rs 5 lakh
  • Repayment Tenure: 1 year to 3 years
  • Age Criteria Minimum: 21 years, Maximum: 55 years
  • Processing Fees: Up to 3% of the loan amount
  • Foreclosure/Pre-payment Charges: NIL (if prepaid from own sources), 4% (if prepaid from other sources)

Poonawalla Fincorp Personal Loan Interest Rate

Poonawalla Fincorp Personal Loan Interest Rate offered through Paisabazaar.com ranges between 18% p.a. and  36% p.a. The final personal loan interest rates offered to the loan applicant would vary according to the credit score, job profile, monthly income, employer’s profile, etc, of the personal loan applicant.

Fees and Charges of Poonawalla Fincorp Personal Loan

Processing fee

Poonawalla Fincorp charges a processing fee of up to 3% of the loan amount plus applicable taxes.

Prepayment/part prepayment/foreclosure charges

Foreclosure charges NIL (if prepaid from own sources)4% (if prepaid from other sources)
Prepayment charges NIL (if prepaid from own sources)4% (if prepaid from other sources)

Other fees and charges

Late payment charges 2% per month (24% p.a.) on the defaulted EMI amount
Cheque bounce charges Rs 500 per bounce + GST
Stamp duty At actuals

EMI Scenarios Based on Loan Amount, Tenure & Interest Rate

Here are EMI amounts based on different loan amounts, with an interest rate of 11% and tenure of 3 years and 5 years:-

Loan Amount Tenure Interest Rate (p.a.) EMI
Rs 1 lakh 3-5 11.00% Rs 3,274-Rs 2,174
Rs 5 lakh 3-5 11.00% Rs 16,369-Rs 10,871
Rs 10 lakh 3-5 11.00% Rs 32,739-Rs 21,742

Swipe to see more table data

Avail Personal Loan For
All Your Needs

Avail Personal Loan Banner

Types of Poonawalla Fincorp Personal Loans

Personal loan for Chartered Accountants (CA)

  • Purpose: It is a special personal loan scheme for Chartered Accountants for fulfilling their personal and professional needs such as expenses related to wedding, traveling, home renovation, office renovation, a professional course, etc.
  • Loan amount: Up to Rs 30 lakh
  • Repayment tenure: Up to 5 years

Personal loan for Company Secretaries (CS)

  • Purpose: It is a special personal loan scheme for Company Secretaries. Borrowers can use the loan proceeding for meeting their personal and professional needs such as wedding, traveling, office renovation, etc.
  • Loan amount: Up to Rs 30 lakh
  • Repayment tenure: Up to 5 years

Personal loan for Doctors

  • Purpose: It is a personal loan for doctors that can be used to fulfill various personal and professional needs such as home renovation, clinic expansion, traveling, child’s higher education, etc.
  • Loan amount: Up to Rs 30 lakh
  • Repayment tenure: Up to 5 years

Personal loan for Salaried Employees

  • Purpose: It is a personal loan for salaried employees that can be used for meeting various financial needs related to weddings, medical emergencies, home renovation, higher education, etc.
  • Loan amount: Up to Rs 30 lakh
  • Repayment tenure: Up to 5 years

Personal loan for Government Employees

  • Purpose: Personal loan for government employees can be used for meeting various financial needs related to medical emergencies, vehicle purchase, jewelry purchase, traveling, etc.
  • Loan amount: Up to Rs 30 lakh
  • Repayment tenure: Up to 5 years

Personal loan for Home Renovation

  • Purpose: Borrowers can use personal loan for home renovation to meet expenses related to refurbishing their home such as, flooring, painting, tiling, upgradation, remodeling, repair, improvement, extension etc.
  • Loan amount: Up to Rs 30 lakh
  • Repayment tenure: Up to 5 years

Personal loan for Wedding

  • Purpose: A personal loan for wedding can be used to meet expenses related to marriage.
  • Loan amount: Up to Rs 30 lakh
  • Repayment tenure: Up to 5 years

Personal loan for Travel

  • Purpose: Borrowers can use the proceeds of travel personal loan for financing travel related expenses like ticket booking, hotel booking, shopping, etc.
  • Loan amount: Up to Rs 30 lakh
  • Repayment tenure: Up to 5 years

Personal loan for Medical Emergency

  • Purpose: It is a medical loan that borrowers can use to finance their medical expenses.
  • Loan amount: Up to Rs 30 lakh
  • Repayment tenure: Up to 5 years

Personal loan for Women

  • Purpose: It is a loan facility for women that can be used to finance education, medical emergencies, wedding expenses, or any other important need or end goal.
  • Loan amount: Up to Rs 30 lakh
  • Repayment tenure: Up to 5 years

Poonawalla Personal Loan Eligibility Criteria

  • Age: Minimum 22 years at the time of loan application & maximum 58 years at the time of loan maturity.
  • Citizenship: Indian citizenship.
  • Employment: Borrowers must have a full-time job with central/state govt., PSUs, MNCs, listed/unlisted public limited companies, private limited companies, LLPs, schools and colleges.
  • Work experience: Minimum 1 year with at least 1 month employment at the current job.
  • Monthly income: Net take home salary should be Rs 30,000.

Poonawalla Personal Loan Documents Required

  • KYC Documents: Aadhaar Card/PAN Card
  • Address proof: Passport/ Utility bills/ Rent Agreement
  • Income documents: Latest salary slip
  • Financial documents: Salary Credit Bank Statement for the last 3 months
  • Employment proof: Official Email ID confirmation /Employee ID Card ( in case official email ID confirmation is not possible)

How to Improve Chances of Poonawalla Fincorp Personal Loan Approval

  • First, check the personal loan eligibility criteria before applying for a personal loan from Poonawalla Fincorp.
  • Lenders usually consider a credit score of 750 or above and offer lower interest rates to applicants having stronger credit score. Make timely repayments of your credit card bills/EMIs, periodically check your credit report and managing credit responsibly can help improve your credit score.
  • Submit complete documentation, such as recent salary slips, bank statements, identity proof and address proof.
  • Do not switch jobs too often, as it reduces your minimum job tenure criteria set by the NBFC. If you’re new to your job, it’s best to wait until you’ve completed minimum 1 year of job experience and 1 month of stable employment at your current job before applying for Poonawalla personal loan.

Poonawalla Fincorp Personal Loan vs Other NBFCs

NBFCs Poonawalla Fincorp Piramal Finance Tata Capital Aditya Birla Capital
Rates 18%-36% p.a. 12.90% p.a. onwards 11.99% p.a. onwards 10.99% p.a. onwards
Processing Fee Up to 3% if the loan amount Up to 5% of the loan amount Up to 4% of the loan amount Up to 4% of the loan amount
Max. Loan Amount Up to Rs 5 lakh Up to Rs 25 lakh Up to Rs 35 lakh Up to Rs 40 lakh
Min. Monthly Salary Required Rs 30,000 Rs 20,000 Rs 15,000 NA

Swipe to see more table data

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Explore Our Personal Loan Lenders

HDFC BANKHDFC BANKAxis BankAxis BankKotak Mahindra BankKotak Mahindra BankICICI BankICICI BankFederal BankFederal BankIDFC First BankIDFC First BankIndusind BankIndusind BankRBL BankRBL BankTata CapitalTata Capital
View All Partners

Avail Personal Loan For
All Your Needs

Avail Personal Loan Banner

FAQs

Personal Loan Articles

Importance of No Dues Certificate in Personal Loan Closure - Article image

Importance of No Dues Certificate in Personal Loan Closure

icon image of Paisabazaar
Paisabazaar02 Sept 2025
Loan rejected despite high income? Here’s what you need to know - Article image

Loan rejected despite high income? Here’s what you need to know

icon image of Paisabazaar
Paisabazaar19 Aug 2025
Personal Loan for First Time Borrowers: What Customers Must Know - Article image

Personal Loan for First Time Borrowers: What Customers Must Know

icon image of Paisabazaar
Paisabazaar04 Aug 2025
How I Saved Rs 22,000 on My Personal Loan through Prepayment - Article image

How I Saved Rs 22,000 on My Personal Loan through Prepayment

icon image of Bhumika Khandelwal
Bhumika Khandelwal31 Jul 2025
How Have Personal Loans Advanced Over the Past few Years - Article image

How Have Personal Loans Advanced Over the Past few Years

icon image of Paisabazaar
Paisabazaar17 Jul 2025
Factors To Consider While Selecting a Personal Loan Lender - Article image

Factors To Consider While Selecting a Personal Loan Lender

icon image of Paisabazaar
Paisabazaar16 Jul 2025
Instant Personal Loan Apps: Avoid These 5 Pitfalls - Article image

Instant Personal Loan Apps: Avoid These 5 Pitfalls

icon image of Bhumika Khandelwal
Bhumika Khandelwal16 Jul 2025
Reasons for Delay in Personal Loan Processing - Article image

Reasons for Delay in Personal Loan Processing

icon image of Paisabazaar
Paisabazaar09 Jul 2025
APR vs Interest Rate in Personal Loans: What’s the Difference? - Article image

APR vs Interest Rate in Personal Loans: What’s the Difference?

icon image of Bhumika Khandelwal
Bhumika Khandelwal07 Jul 2025
Tips to Choose an Ideal Personal Loan Tenure - Article image

Tips to Choose an Ideal Personal Loan Tenure

icon image of Paisabazaar
Paisabazaar07 Jul 2025
View All Articles
quotes icon

What our customers say

Highly recommended platform

I applied for a personal loan for medical emergency through Paisabazaar and got amazing service like nowhere else. The team was extremely cooperative and followed up with me until I had my loan amount in my account. My loan was disbursed within 24 hours. It is indeed an excellent platform for taking loans.

icon image of avatar
Sunil YadavOct 29, 2025

Instant loan disbursal

I applied for a personal loan through Paisabazaar and got my loan disbursed in no less than 24 hours. The team was extremely cooperative, guided me through the entire process and followed up with me until I had my loan amount in my account. I highly recommend this platform to everyone looking for an urgent loan.

icon image of avatar
Neha JainOct 29, 2025

Excellent platform

Excellent platform for personal loan comparison! Their EMI calculator helped me pick the best tenure & my monthly emi.

icon image of avatar
Manish KumarOct 23, 2025

Got personal loan instant

I was a medical emergency &amp; need funds instantly I applied for loan at Paisabazaar &amp; see I have a pre approved offers &amp; apply to it &amp; amount disbursed in 48 hours thanks to paisabazaar teams

icon image of avatar
Mansi SharmaOct 17, 2025

Got loan yesterday

I got a loan of 2 lakh from Paisabazaar. Until now, I didn&#x27;t know that it was so easy to get loan through Paisabazaar. They helped me with all documents and process and my loan was sanctioned yesterday itself.

icon image of avatar
Priyanka SharmaOct 15, 2025

Got personal loan in a few minutes

I had pre-approved offers. When I applied through Paisabazaar, I got my personal loan approved within a few minutes. The process was very hassle-free and the team was extremely cooperative.

icon image of avatar
Preeti SinghSep 26, 2025

Cibil kam tha fir bhi loan dila diya

Mera cibil kam tha fir bhi paisabazaar walo ne loan dila diya mujhe jo bohot jaruri tha.

icon image of avatar
Pawan SehrawatSep 25, 2025

Personal loan quick approved

My personal loan was quick approved on Paisabazaar. Everything was online and I was not required to submit any more documents.

icon image of avatar
Vivaan ShahSep 24, 2025

Loan Approved in on day

I confused between HDFC & Axis personal loans, but Paisabazaar showed me all the offers side by side. I apply in 10 minutes and got approval the next day!

icon image of avatar
Rahul MehtaSep 23, 2025

Personal loan mila yahaan se

Mujhko personal loan mila yahaan se bina koi dikkat hue. Maine toh online apply kiya aur 3 lakh ka loan mila 2 saal ke liye.

icon image of avatar
Pankaj SinhaSep 22, 2025
View All Testimonials
Vandana Punj profile
Reviewed ByLinkedIn icon
Vandana Punj
Shamik Ghosh profile
Written ByLinkedIn icon
Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers