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Poonawalla Fincorp Personal Loan

पूनावाला फिनकॉर्प पर्सनल लोन

Poonawalla Fincorp digital personal loan for salaried professionals up to ₹30 Lakhs starting from 9.99% p.a.

Max Loan Amount

₹50,000 to ₹30,00,000 (100% digital loan)

Interest Rate

9.99% - 22.00% p.a. (competitive prime pricing)

Tenure

12 to 60 months

Processing Fee

Up to 2.00% of loan amount + GST

✦ What It Is: Product Architecture & Regulatory Scope

Poonawalla Fincorp's digital instant personal loan for salaried professionals, featuring competitive prime interest rates starting from 9.99% p.a. and 100% paperless onboarding.

What is Missing: Honest MITC Policy Gaps, Hidden Clauses & Extra Charges

Eligo consumer protection notice: Bank brochures, DSA telecallers, and comparison portals rarely disclose these conditions. Read carefully before signing.

• Strict income barrier: Minimum net take-home salary of ₹30,000/month. • Minimum CIBIL score requirement of 750 for 9.99% base rate. • Foreclosure penalty of up to 4% + GST applies after 6 months.

✦ Key Benefits & Features

• Industry-leading interest rates starting from 9.99% p.a. for prime salaried borrowers • 100% digital paperless processing via website and mobile app • High loan quantum up to ₹30 Lakhs without pledging assets • Disbursal in under 24 hours.

✦ Prepayment, Part-Payment & Foreclosure Rules

Prepayment allowed after 6 months; 3% to 4% foreclosure charges apply.

✦ Eligibility Requirements

Salaried employees in private limited companies, MNCs, and public sector organizations. Min Age: 22, Max Age: 58. Min Net Monthly Salary: ₹30,000. Min CIBIL: 750.

Min Age22 Years

Max Age58 Years

Min Monthly Income₹30,000

Min CIBIL Score750+

✦ Documents Required

• Identity Proof: PAN Card and Aadhaar Card • Employment Proof: Employee ID Card • Income Proof: Last 3 months payslips • Bank Statement: Last 3 months bank statement.

✦ Exact How-To-Apply Process (3 Pathways)

Depending on your current relationship with the bank, select the corresponding application journey:

Pathway A

Existing / Pre-Approved Customers

1. Apply via Poonawalla Fincorp App with instant digital verification.

Pathway B

New Online Applicant (Fresh Digital)

1. Visit poonawallafincorp.com > Personal Loans. Submit PAN, verify salary via Account Aggregator, and e-sign.

Pathway C

Branch Walk-In Application

1. Visit nearest Poonawalla Fincorp branch with payslips and bank statement.

Official Sourcing & MITC Verification

180-Day Re-Verification SLA · Last Verified: 2026-09-28

Eligo does not collect personal loan applications, sell user data to DSA telecallers, or receive affiliate commissions. All terms shown are extracted directly from official bank circulars, Most Important Terms and Conditions (MITC), and Key Fact Statements (KFS) under RBI guidelines.

Visit Official Lender Portal (Poonawalla Fincorp Official Portal)View Official MITC / Schedule of Charges RBI Key Fact Statement (KFS) Reference

Frequently Asked Questions on Poonawalla Fincorp Personal Loan

How can I get the 9.99% interest rate?

The lowest 9.99% rate is available to prime salaried applicants with CIBIL score of 750+ working in top-tier corporate firms.

What is the maximum loan limit?

Up to ₹30 Lakhs depending on your net monthly salary and credit score.

What is the minimum income needed?

A minimum net monthly salary of ₹30,000.