Poonawalla Fincorp
BankCIBIL 730+
4.2

Poonawalla Fincorp Personal Loan

Zomint Verdict: Recommended for quick digital personal loans with minimal TAT.

Avail instant personal loan up to ₹10 Lakh with fully digital process, quick disbursal in 2-24 hours, competitive rates starting from 16%, for salaried and self-employed individuals aged 24-55 with min ₹15K income and CIBIL 730+.

Amount
0.5 L upto 10 L
₹50,000 to ₹10 Lakh
Interest
16% - 36%
From 16% p.a. onwards, depending on profile
Tenure
1 - 3 Years
Flexible Options
Speed
Min 2 hrs; Max 24 hrs
Digital Process

Highlights

Instant approval and disbursal in as little as 2 hours.
End-to-end digital journey with minimal docs.
Unsecured loan for personal needs.
Flexible EMIs and no hidden charges.
Fully Digital Process
Quick Disbursal (2-24 hrs)
No Collateral

Key Benefits

Fully digital application process with minimal documentation.

Quick disbursal within 2-24 hours.

Flexible tenure options from 12 to 36 months.

No collateral required.

Competitive interest rates starting from 16%.

Why Apply?

  • Fully digital process for fast approval.
  • Quick disbursal TAT (2-24 hrs).
  • Inclusive eligibility for salaried and self-employed.
  • Low minimum income threshold at ₹15K.

Considerations

  • −Higher interest rates starting from 16%.
  • −Processing fee up to 4.5%.
  • −Limited to 36 months tenure.
  • −Strict CIBIL requirement of 730+.

Eligibility & Requirements

1

Who Can Apply

  • Age 24-55 years
    Applicants must be between 24 and 55 years of age.
  • Income ₹15K+ monthly
    Minimum monthly income of ₹15,000 or more.
  • CIBIL 730+
    Minimum credit score of 730 required.
  • Salaried or self-employed
    Employment type includes salaried individuals and self-employed professionals.
2

Required Documents

Quick Checklist: Minimal documentation: KYC, address proof, income proof, bank statements., PAN, Aadhaar, salary slips, last 3 months bank statements..

  • KYCPAN Card, Aadhaar Card, Driving License, Voter ID, Passport
  • Address ProofPassport, Utility Bills, Rent Agreement
  • Income ProofLatest Salary Slip (last 1 month)
  • Financial ProofBank Statements (last 3 months)
  • Employment ProofOffice Email ID or Office ID Card

Fees & Charges

Transparency First
ChargeRateDetails
Processing FeeUpto 4.5%Plus applicable taxes

Application Process

Fully Digital

End-to-end online application with no branch visits.

Fast Disbursal

Approval and disbursal in min 2 hours to max 24 hours.

Minimal Documentation

Only essential KYC, income, and bank proofs required.

Disclaimer: While we do our best to ensure the information displayed is accurate and up-to-date, the latest information about this loan, including interest rates, fees, tenure, and terms, is available on the respective lender's official website. We recommend verifying all details directly with Poonawalla Fincorp before making any decisions.

Interest Rate

From 16%