Poonawalla Fincorp vs Bajaj Finance Personal Loan 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 |  Poonawalla Fincorp |  Bajaj Finance Personal LoanBajaj Finserv | |
|---|---|---|---|
| Loan identity | |||
| Loan typesame | Personal | Personal | |
| Rate type | - | Fixed | |
| Interest and amount | |||
| Interest rate from | 9.99% | 10% | |
| Interest rate to | - | 30.5% | |
| Minimum amount | ₹1,00,000 | ₹40,000 | |
| Maximum amount | ₹50,00,000 | ₹55,00,000 | |
| Minimum tenuresame | 1 year | 1 year | |
| Maximum tenure | 7 years | 9 years | |
| Fees and charges | |||
| Processing fee | Up to 4% + taxes | Up to 4.13% (incl. taxes) | |
| Prepayment charges | Nil from own funds; 4% if repaid from another loan | Full prepayment up to 4.72% (incl. taxes); part-prepayment free | |
| Late payment charges | 24% a year on the overdue EMI; bounce Rs 500 | Penal charge up to 36% a year on the overdue instalment; bounce Rs 700 to Rs 1,200 | |
| Eligibility | |||
| Min monthly salary | ₹25,000 | ₹35,000 | |
| Min agesame | 21 years | 21 years | |
| Max age at maturity | 60 years | 80 years | |
| Employment type | Salaried | Both | |
| Min credit scoresame | 720 | 720 | |
| Page content | |||
| Eligibility | 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. | 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. | |
| Documents needed | KYC and address proof, salary slips for the last 3 months, bank statement for the last 3 months, and office email or ID card. | 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. | |
| Apply | Apply Now | Apply Now | |
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