Poonawalla fincorp instant loan apply: Yes, you can take a loan of up to 5 lakhs from Poonawalla while sitting at home, for which you will need to provide very minimal documents, there is no need to run around for this, you can take a Poonawalla loan sitting at home with just a few easy steps,
Poonawalla fincorp instant loan
| Description | Information |
|---|---|
| Loan Amount | ₹10,000 to ₹5,00,000 |
| interest rate | Starting from 11.99% |
| Type of loan | Personal Loan |
| Payment term | 12 to 60 Months |
| playstore rating | 4.2/5 |
| Required Documents | Aadhaar Card, PAN Card, Bank Statement, Salary Slip |
| Application Process | Online application, instant approval |
Poonawalla Fincorp is an NBFC (Non-Banking Financial Company) that offers personal loans, business loans, product loans, credit loans, etc., based on customer eligibility. Their registered office is in Pune, Maharashtra.
Eligibility Criteria Age: 21 to 60 years
Employment: Minimum 1 year of work experience
Income: Minimum ₹25,000 monthly salary
Credit Score: 750 or above (good credit score)
Indian Citizenship: Mandatory
Aadhaar-linked Mobile Number: Required for online agreement signing
Applicants meeting these requirements can apply for a Poonawalla
Fincorp Instant Loan.
Required Documents
- Identity Proof: Aadhaar Card or PAN Card
- Address Proof: Passport, Driving License, Voter ID, or Latest Utility Bill
- Income Proof: Last 3 months’ salary slip or ITR (Income Tax Return)
- Bank Statement: Last 6 months’ bank statement
- Photograph: Passport-size color photo
- In some cases, loans are approved instantly with just KYC verification.
Interest Rates & Charges
- Interest Rate: 11.99% to 24% per year
- Processing Fee: 1% to 2% of the loan amount or minimum ₹1,000
- Prepayment Charges: 4% to 5%
- Late Payment Fee: 2% of EMI or minimum ₹500
- Stamp Duty: As per state government regulations
- GST: 18% GST on all loan-related charges
- Applicants should carefully review all charges before applying.
How to Apply for a Loan?
- Visit the official website or mobile app of Poonawalla Fincorp.
- Register as a new user or log in with an existing account.
- Fill out the application form with personal, employment, and income details.
- Upload necessary documents like Aadhaar Card, PAN Card, Salary Slip, and Bank Statement.
- Processing & Verification: The submitted information will be reviewed.
- Approval: Once approved, the loan amount will be credited to your bank account.
- Repayment: Pay monthly EMIs as per the loan terms.