Poonawalla Fincorp

The Poonawalla Fincorp app is here to manage all your financial needs. You can apply for Instant Loan, Personal Loan, Business Loan, Professional Loan, Medical Equipment Loan, Loan Against Property and Pre-owned Car Loan with this app. You can also check your CIBIL score using this Poonawalla Fincorp app. Instant Personal Loan Poonawalla Fincorp’s Instant Small Personal Loan is an extremely convenient product for a borrower who is looking for a quick small-ticket loan. This loan is helpful for borrowers who need small financial assistance for achieving their immediate goals. 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/security • Flexible tenure: from 1 month to 36 months • Quick Approvals • Quick loan disbursal • Easy process 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 *Example: Loan Disbursement Date: 14th July First EMI Date: 5th September Interest component to be calculated: 5th August to 5th September BPI to be calculated from 14th July to 5th August No. of days for BPI: 21 BPI Amount: ₹700 Personal Loan Apply for Personal Loan online up to Rs. 30 Lakhs. Whether you want to fund your medical bills without dipping into your savings or pay for your wedding expenses, you can apply for a personal loan through our personal loan app. Highlights for Personal Loan • Loan amount up to 30 Lakhs • Competitive interest rates starting at 9.99% p.a. • Processing Fee: Up to 2% plus taxes • 100% Digital process • No collateral/security • Flex