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
• Flexible tenure
• Minimum documentation
• Quick Approvals

Business Loan
Empower your business and take it to new heights with Poonawalla Fincorp's fast and hassle-free loan app. You can fund your business expansion, boost working capital, buy new business equipment, and expand your workforce with Poonawalla Fincorp’s app.
Highlights for Business Loan
• Loan amount up to 50 Lakhs
• Competitive interest rates starting at 15% p.a.
• Processing Fee: Up to 3% of sanction amount plus taxes
• 100% Digital process
• No collateral/security
• No hidden charges
• Minimal documentation
• Quick Approval process

Professional Loan
Poonawalla Fincorp offers a wide range of benefits and features in Professional Loan. You can expand your practice, enhance your professional skills and renovate your office space with Poonawalla’s Professional Loan.

Highlights for Professional Loan
• Multi-purpose sanction up to ₹50 Lakh
• Competitive professional loan interest rates starting at 9.99% p.a.
• Processing Fee: