Piramal Finance Personal Loan

Avail of an instant personal loan up to Rs. 10 Lakhs in minutes with Piramal Finance at an attractive interest rate of 12.99% p.a. onwards. The Piramal Finance personal loan can be repaid with a flexible loan tenure of up to 60 months. You can use the loan amount for planning a dream wedding, getting the latest gadget, paying off school fees, or any other immediate financial need.


Piramal Finance Personal Loan Details

Following are the key details of Piramal Finance personal loan details: 

Minimum Loan AmountRs. 1 Lakh
Maximum Loan AmountRs. 10 Lakhs
Tenure12 to 60 months
Rate of Interest12.99% p.a. onwards
Processing FeeUp to 4% of loan amount + applicable taxes
CollateralNot required
Foreclosure ChargesNil
Minimum Income RequiredRs. 25,000

Piramal Finance Personal Loan Features

Following are the key features and benefits of Piramal Finance personal loan: 

  • Get instant personal loan varying from Rs. 1 Lakh to Rs. 10 Lakhs online within few minutes.
  • Processing fee is up to 4% of the sanctioned loan amount plus applicable taxes. 
  • Piramal Finance personal loan interest rate starts from just 12.99% p.a.
  • The loan can be repaid within a flexible tenure of 12 to 60 months in easy EMIs (Equated Monthly Instalments).
  • The loan involves zero prepayment and foreclosure charges.
  • This Personal loan for salaried individuals only.
  • Minimum documentation required to avail of the loan.
  • Quick sanction and instant disbursals.
  • Applicant can club their income with eligible co-applicants for higher loan eligibility.

Piramal Finance Personal Loan Interest Rate

Piramal Finance personal loan interest rates are fixed in nature and start from 12.99% per annum, depending on the loan amount to be borrowed, repayment tenure, and borrower’s eligibility. The applicant will also be required to pay a personal loan processing fee of up to 4% + applicable taxes along with the Piramal Finance loan interest.

Eligibility for Piramal Finance Personal Loan 

Following are the Personal Loan eligibility criteria at Piramal Finance:

  • Salaried individuals working under the following can apply:
    • Government institution
    • Public sector
    • Private sector
    • Multinational companies (MNCs) or related companies
    • Proprietorship concern
    • Partnership Firms
  • Age required: The applicant must be aged between 21 years to 60 years.
  • Required income: Minimum requirement of income is at least Rs. 25,000 per month.
  • Work experience: At least 6 months in the current organization.
  • Co-applicant: Only the spouse of the main applicant can become a co-applicant.

Piramal Finance Personal Loan Document Required

The documents required to apply for the Piramal personal loan are as follows:

  • PAN Card
  • Proof or identity (any one of the following):
    • Aadhaar
    • Passport
    • Driving License
    • Voter's Identity Card
  • Proof of address (any one of the following):
    • Registered Leave & Lease Agreement
    • Passport
    • Aadhaar Card or Aadhar Acknowledgement
    • Driving License
    • Voter's Identity Card
    • Utility Bills (not more than 3 months old) like Electricity Bill, Telephone Bill, etc. 
  • Proof of income: 
    • Last 1 month’s salary slip
    • Bank statements of the previous 3 months
  • Documents required for co-applicant: If you are clubbing your income with a co-applicant for higher loan eligibility, all above documents of the co-applicant will also be required at the time of application.

Piramal Finance Personal Loan Fees & Charges

Following are the fees and charges applicable when availing of a personal loan from Piramal Finance:

  • Processing fee: Up to 4% of loan amount + applicable taxes. 
  • Default interest: 2% p.m. on default of PEMII/EMI. 
  • Part payment/Foreclosure charges: Nil.
  • Loan pre-closure statement: Rs. 1,000 + applicable taxes.
  • Loan repayment instrument dishonour charges: Rs. 500 + applicable taxes.
  • Loan Repayment schedule (for physical copies): Rs. 500 + applicable taxes.
  • Photocopy of documents: Rs. 1,000 + applicable taxes.
  • Additional charges for non-compliance with any terms &conditions of the transaction documents: 2% p.m. on the outstanding amount.

How to Apply for Piramal Finance Personal Loan?

Getting a personal loan from Piramal Finance is easy and instant. Here are the steps you need to follow:

  • Visit the official website of Piramal Finance at https://uat2.piramalfinance.com/.
  • Open the personal loan page by clicking on the ‘Personal Loan’ tab on the landing page.
  • Click on the ‘Apply Now’ button.
  • A pop-up form will open on the screen where you will be required to fill in the basic details mentioned below: 
    • First name and last name
    • Mobile number
    • E-mail address
  • Select ‘Personal Loan’ from the dropdown menu under ‘I’m Interested In’.
  • Mention the desired loan amount.
  • Select the State you are living in from the dropdown list under ‘States’.
  • Choose the City of your residence from the dropdown list under ‘City’.
  • Enter the Captcha code.
  • Click on the box for confirmation and then click on the ‘Submit’ button.
  • You will soon get a call from Piramal Finance’s relationship manager.

Piramal Finance Personal Loan Contact Details

You can contact Piramal Finance for any queries, complaints, and feedback regarding their personal loan or other products and services at the following number: 
1800 266 6444.

You can also Visit or write to Piramal Finance at their following registered address: 
601, 6th Floor, Amiti Building,  
Agastya Corporate Park, Kamani Junction,  
Opp. Fire Station, LBS Marg,  
Kurla (W) Mumbai MH 400070

Piramal Finance Personal Loan FAQs

What are the benefits of a Piramal Finance personal loan?


Piramal Finance offers competitive interest rates on personal loans along with quick sanction and disbursal and flexible repayment tenure.

What are the documents needed to apply for a personal loan at Piramal Finance?


The documents required to apply for a Piramal Finance personal loan include PAN Card, identity proof, address proof and income proof.

Does my credit score impact my chances of getting a Piramal Finance loan?


Yes, your credit score is one of the most important factors considered by Piramal while approving your loan application. A good credit score increases your chances of getting hassle-free and quick approval for a personal loan from Piramal Finance.

How can I apply for a Piramal Finance personal loan?


You can apply for the loan online by visiting Piramal’s website and filling out the application form. Alternatively, you can also call them at 1800 266 6444 to apply for the loan.

Can I club my spouse’s income for higher loan eligibility?


Yes, Piramal Finance offers great flexibility of clubbing your spouse’s income for higher loan amount eligibility.

How much personal loan amount can I get from Piramal?


You can get anywhere between Rs. 1 Lakh to Rs. 10 Lakhs depending on your eligibility.