Get Rs 10 Lakh Persoanl Loan (2024)

To enable you to fulfil your dreams, we offer Personal Loans at competitive interest rates starting at 9.99%*p.a. Here is the interest rate, processing fees, and other charges: 

You can calculate the ₹10 Lakh Personal Loan EMI either manually or with the help of the Personal Loan EMI Calculator. The formula for EMI calculation is as follows:
E = [P x r x (1 + r) ^ n] / [ (1 + r) ^ n – 1], where the variables are P, r, and n.
E = EMI amount
P = Loan amount
r = Rate of interest
n = Loan tenure

Calculating the EMI in advance can help you plan your finances in a better manner. However, manual calculations are time-consuming and might leave room for error. Poonawalla Fincorp offers an EMI Calculator to make your interest rate calculation easier and simpler. You just need to enter the loan amount, interest rate, and repayment tenure. The loan calculator will display the EMI amount instantly.
The EMI for a Personal Loan of ₹10 Lakh will depend on the loan tenure and interest rate. For example, ₹10 Lakh Personal Loan EMI for 5 years at 10% will be ₹21,247. You can use the EMI Calculator to know the EMI amount for different loan tenures.

A Personal Loan from Poonawalla Fincorp is just what you need to fulfil all your financial requirements in the best possible way. To ensure that the maximum number of people can benefit from this loan, we have kept our ₹10 Lakh Personal Loan eligibility criteria very easy and simple. The eligibility criteria that you need to fulfil are as follows:

Gone are the days when you had to deal with lengthy paperwork. Poonawalla Fincorp offers a Personal Loan with minimal documentation requirements, so that there are no delays or hassles when applying for a loan. You just need to provide the following list of documents:

At Poonawalla Fincorp, we strongly believe in helping our customers get the financing they require easily and quickly. Here’s a list of features and benefits of a ₹10 Lakh Personal Loan:

• Competitive Interest Rates: We offer a loan at competitive interest rates starting at 9.99%* p.a.
• Collateral-Free Loan: This is an unsecured loan, and you can get it without pledging any collateral.
• Flexible Repayment Tenure: We provide a flexible repayment tenure that ranges from 12 to 84 months. You can choose the repayment tenure as per your repayment capacity.
• High Loan Amount: We offer a Personal Loan of up to ₹50 Lakh based on the eligibility criteria. You can avail of a high loan amount to meet your financial requirements without any compromise.
• Online Application Process: We have simplified the Personal Loan application process. You can apply for a ₹10 Lakh Loan online in just a few clicks.

Getting a Personal Loan from Poonawalla Fincorp is easy. You just need to follow the steps mentioned below to apply for a ₹10 Lakh Personal Loan: