Poonawalla Fincorp
- Interest rateFrom 9.99%
- Loan amount₹1 lakh to ₹50 lakh
- Tenure1 year to 7 years
Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.
At a Glance
- Interest rate
- From 9.99%
- Loan amount
- ₹1 lakh to ₹50 lakh
- Tenure
- 1 year to 7 years
- Processing fee
- Up to 4% + taxes
- Type
- Personal
- Min salary
- ₹25,000 a month
- Age
- 21 to 60 years
- CIBIL score
- 720+
- Collateral
- Not required
What you get
- Personal loan from Rs 1 lakh to Rs 50 lakh at rates from 9.99% a year, repaid over 12 to 84 months, applied for online with quick approval.
Fees and charges
- Processing fee up to 4% + taxes. Documentation Rs 500 + taxes. No prepayment or foreclosure charge when you repay from your own money; 4% if you repay with money from another lender. Late EMI: 24% a year on the overdue EMI. Bounce Rs 500.
Who can apply
- 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 you will need
- KYC and address proof, salary slips for the last 3 months, bank statement for the last 3 months, and office email or ID card.
How to apply
- Enter your details and PAN online, upload documents, and get the money after verification.
Eligibility
- Minimum monthly income
- ₹25,000
Loan fees and charges
- Prepayment charges
- Nil from own funds; 4% if repaid from another loan
- Late payment
- 24% a year on the overdue EMI; bounce ₹500
Eligibility
- Min monthly salary
- ₹25,000
- Min age
- 21 years
- Max age at maturity
- 60 years
- Employment
- Salaried
- Min credit score
- 720+
Common Questions
Does applying through SkyloFin cost more?
No. You pay the same fees you would pay applying directly. We earn a commission from the bank when someone applies through our link, and that is how the site is funded.
SkyloFin is not a bank and does not approve applications. Fees, rewards and eligibility rules are set by the provider and can change without notice. Always read the terms on the provider's site before you apply.
Other options worth a look
See all loans
Loans
All Loans guidesGuides in Plain Words
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 →
