Poonawalla Fincorp Personal Loan App 2024 - Best Low Interest Loan App In India - Trusted Loan App - Best High Amount Low Interest Loan App

Poonawalla fincorp give easy personal loan upto 5 lakhs instantly - without any document - easy steps to apply - low interest - quick process loan

                               POONAWALA FINCORP

Types of loan providing from poonawala fincorp

1. Personal Loan
2. Business Loan
3. Professional Loan
4. Pre-Owned Car Loan
5. Loan Against Property
6. Medical Equipment Loan
7. Machinery Loan

Highlights for Instant Personal Loan

• Loan amount: Rs. 50,000 to Rs. 5 Lakh
• Competitive interest rates starting from 16% to 36%. APR varies from 20% to 40% 
• Processing Fee: 2.5% of sanction            amount  + GST
• 100% Digital process
• Minimal documentation
• No collateral/securites
• Flexible tenure: from 3 month to 36 months
• Quick Approvals
• Quick loan disbursal

LOAN OVERVIEW 

• LOAN AMOUNT - ₹1 Lakh to ₹30 Lakh
• LOAN TENURE - 12 to 60 months
• INTEREST RATE - 0.83% onward p.m.(9.99% p.a onwards)
• PROCESSING FEES - 0% to 2 % Plus Tax
• FORECLOSURE CHARGES - ₹0* Foreclosure Charges

No charges for prepayment or foreclosure of the loan, If paid from own sources & 4% If paid from other sources

• DEFAULT INTEREST - 3% per month
• REPAYMENT INSTRUMENT DISHONOUR CHARGES -₹500 per bounce plus applicable taxes
• STAMP DUTY -At actuals (as per state)

Personal Loan Eligibility Criteria

✓ Age - Between 22 to 57 years.

✓ Citizenship - The applicant must be an Indian citizen.

✓ Employment - Full-time job at specified organisations (Central Govt, PSU, MNCs, etc.) required for eligibility.

✓ Work Experience - Minimum 1 year, with at least 1 month in the current job.

✓ Monthly Income - Net salary of at least ₹30,000 per month.

Documents Required

✓ KYC documents - Government-issued IDs such as PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport.

✓ Income proof - Latest salary slips for the last 3 months and bank statement of the past three months.

✓ Address proof - Rent agreement, utility bills, or passport.

✓ Proof of Employment - Employee ID card or official mail ID.

Poonawala fincorp Offer Personal Loans For

• Salaried individuals
• Chartered Accountants
• Salaried Chartered Accountants
• Doctors
• Salaried Doctors
• Company Secretaries
• Salaried Company Secretaries

Example:

• Loan Amount: ₹50,000
• Tenure: 12 months
• Interest Charged: ₹ 4,441 (16% per annum)
• Processing Fee: ₹1475 (2.5% of Loan Amount: ₹1250 + GST @18%: ₹225)
• APR: 24.6%
• Stamp Duty: ₹100
• Broken Period Interest*: ₹700
• Amount Disbursed: ₹47,725
• EMI Amount: ₹ 4,537
• Loan amount is ₹ 50,000. Disbursed amount is ₹ 47,725. Total loan repayment amount is ₹ 
• 54,441

*Real Time Loan Example:

• Eligible amount - RS 1,03,000 ( 50K upto eliglible amount )
• Rate of interest - 29% per annum
• repayment tenures - 12 to 24 months
• Fees and charges - RS 4,450
• Net disbursal amount - RS 98,550

Steps to Apply for a Personal Loan

1.Apply Online

Click on Apply Now and enter all your required contact details.

2.Personal Details

Enter your DOB, PAN card details, monthly income and residential details.

3.Verification

Application will then proceed for verification and assessment

CLICK BELOW LINK FOR APPLYING LOAN ( YOUTUBE )

        Apply Here Website click here to apply

Apply Here Playstore App

 

Disclaimer

        We are not responsible anything from this personal loan so please take your won risk before applying loan

thank you.