Bajaj Finance Personal Loan vs Poonawalla Fincorp Compared
Which loan suits you? Side by side on the numbers that decide it. A blank means the provider has not published that figure, not that it is zero.
| Feature |  Bajaj Finance Personal LoanBajaj Finserv |  Poonawalla Fincorp | |
|---|---|---|---|
| Loan identity | |||
| Loan typesame | Personal | Personal | |
| Rate type | Fixed | - | |
| Interest and amount | |||
| Interest rate from | 10% | 9.99% | |
| Interest rate to | 30.5% | - | |
| Minimum amount | ₹40,000 | ₹1,00,000 | |
| Maximum amount | ₹55,00,000 | ₹50,00,000 | |
| Minimum tenuresame | 1 year | 1 year | |
| Maximum tenure | 9 years | 7 years | |
| Fees and charges | |||
| Processing fee | Up to 4.13% (incl. taxes) | Up to 4% + taxes | |
| Prepayment charges | Full prepayment up to 4.72% (incl. taxes); part-prepayment free | Nil from own funds; 4% if repaid from another loan | |
| Late payment charges | Penal charge up to 36% a year on the overdue instalment; bounce Rs 700 to Rs 1,200 | 24% a year on the overdue EMI; bounce Rs 500 | |
| Eligibility | |||
| Min monthly salary | ₹35,000 | ₹25,000 | |
| Min agesame | 21 years | 21 years | |
| Max age at maturity | 80 years | 60 years | |
| Employment type | Both | Salaried | |
| Min credit scoresame | 720 | 720 | |
| Page content | |||
| Eligibility | Indian citizen, age 21 to 80 (80 or younger at the end of the loan). Salaried or self-employed, working for a public sector, private or multinational company. CIBIL score 650 or higher. | Indian, age 21 to 60, working full time at a government body, PSU, MNC or private or public limited company, earning at least Rs 25,000 a month. | |
| Documents needed | KYC (Aadhaar, passport, voter ID, driving licence, NPR letter or NREGA job card), PAN card, employee ID card, salary slips for the last 3 months, bank statements for the last 3 months. | KYC and address proof, salary slips for the last 3 months, bank statement for the last 3 months, and office email or ID card. | |
| Apply | Apply Now | Apply Now | |
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Short reads that explain how it works before you decide.
Personal LoansPersonal Loan True Cost: Flat vs Reducing Rate, Fees and APRTwo personal loans can quote rates that look close and cost very different amounts. Here is how flat and reducing rates differ, what the processing fee adds, and how to read the APR on the Key Fact Statement.Read the guide →
LoansWhat Is a Good CIBIL Score, and How to Raise ItYour CIBIL score runs from 300 to 900, and 750 or more opens most doors. Here is what moves it, what does not, and how to raise it step by step.Read the guide →
