Piramal Finance Personal Loan

Piramal Finance, also known as Piramal Capital and Housing Finance Ltd., provides personal loans starting from 12.99% per annum. You can borrow up to Rs 10 lakh with a repayment period of up to 5 years. This housing finance company offers instant personal loans for various needs like weddings, travel, home renovation, and debt consolidation. Applying for a Piramal Finance Personal Loan is easy with minimal paperwork, and you can get the funds quickly. Additionally, Piramal Finance has teamed up with mybankingtips.com to offer pre-approved personal loans to selected customers.

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Piramal Finance

Max. Loan Amt.

Up to ₹50L

Rate of Interest

12.99%

Tenure up to

Upto 5 Years

Processing Fee

Up to 4%

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Quick Disbursal 100% Digital Process*

Piramal Finance Personal Loan Interest Rates

Piramal Finance Personal Loan rates begin at 12.99% per year. While specific details about how they determine rates based on factors like credit scores, monthly income, job type, and employer aren't openly shared, many lenders usually consider these aspects when deciding the interest rates for their borrowers.

Note: Interest rates as on 25 December 2026

Pre Approved Personal loan | Check Eligibility & Apply Online

Compare Interest Rate for Personal Loans from Top Banks and NBFCs

Also read: Best Personal Loan Interest Rate

Fees and Charges for Availing Piramal Finance Personal Loan

Here are the processing fees and other charges associated with Piramal Finance Personal Loans:

Processing Fees

Prepayment/Foreclosure Charges

Other Charges for availing personal loans from Piramal Finance

Also read: Best Personal Loan in India

Types of Piramal Finance Personal Loan

Personal Loan for Emergency

• Purpose: The lender, Piramal Finance, offers personal loans to applicants for both planned medical expenses and unexpected medical emergencies. Once approved, the loan is disbursed within 2 days.
• Interest Rate: 12.99% p.a. onwards
• Loan Amount: Rs 1 lakh to Rs 10 lakh
• Tenure: Up to 5 years

Personal Loan for Marriage

• Purpose: Piramal Finance provides personal loans for handling wedding expenses. The loan processing is quick, and you can expect the funds to be disbursed within 3 to 4 working days.
• Interest Rate: 12.99% p.a. onwards
• Loan Amount: Rs 1 lakh to Rs 10 lakh
• Tenure: Up to 5 years

Personal Loan for Women

• Purpose:  Piramal Finance offers personal loans specifically for women to support various financial needs, such as weddings, travel, higher education, debt consolidation, business expenses, or unforeseen emergencies.
• Interest Rate: 12.99% p.a. onwards
• Loan Amount: Rs 1 lakh to Rs 10 lakh
• Tenure: Up to 5 years

Personal Loan for Travel

• Purpose: Piramal Finance provides personal loans for travel expenses, ensuring fast processing and disbursal within 24 hours for eligible loan applicants.
• Interest Rate: 12.99% p.a. onwards
• Loan Amount: Rs 1 lakh to Rs 10 lakh
• Tenure: Up to 5 years

Personal Loan for Salaried

• Purpose:  The lender offers personal loans to employed individuals for personal or business expenses, ensuring quick loan approval and disbursal for those who are pre-approved.
• Interest Rate: 12.99% p.a. onwards
• Loan Amount: Rs 1 lakh to Rs 10 lakh
• Tenure: Up to 5 years

Personal Loan for Students

• Purpose: The lender offers personal loans to students to manage their education related expenses.
• Interest Rate: 12.99% p.a. onwards
• Loan Amount: Rs 1 lakh to Rs 10 lakh
• Tenure: Up to 5 years

Personal Loan for Debt Consolidation

• Purpose:  Piramal Finance provides personal loans for debt consolidation, helping applicants combine multiple credit card or loan commitments into one. This personal loan option from Piramal Finance allows individuals to lower their interest costs and streamline the management of EMIs and due dates for existing loans.
• Interest Rate: 12.99% p.a. onwards
• Loan Amount: Rs 1 lakh to Rs 10 lakh
• Tenure: Up to 5 years

Personal Loan for Pensioners

• Purpose: The lender gives personal loans for retirees to help with their money matters like medical bills, travel, children's weddings, and everyday expenses.
• Interest Rate: 12.99% p.a. onwards
• Loan Amount: Rs 1 lakh to Rs 10 lakh
• Tenure: Up to 5 years

Also read: Best Personal Loan Status

Eligibility Criteria for Availing Piramal Finance Personal Loan

Here are the eligibility criteria for individuals applying for Piramal Finance Personal Loans:

Personal Loan for Marriage

1. Salaried applicants must be aged between 21 to 60 years and should have a minimum work experience of 1 year.

2. For Piramal Finance Marriage Loans, applicants with a credit score of 750 and above have better chances of approval.

3. The minimum monthly income required for both Piramal Finance Marriage Loans is Rs 25,000.

Personal Loan for Travel

1. Applicants must be aged 21 years and above with a minimum work experience of 6 months.

2. Those with credit scores of 750 and above are more likely to be approved for Piramal Finance Personal Loans.

3. The minimum monthly income required for applicants seeking Piramal Finance Personal Loans for Travel is Rs 25,000.

4. Existing customers of Piramal Finance can benefit from pre-approved personal loans from the lender.

Personal Loan for Emergency

1. Eligibility is open to prospective loan applicants aged 21 years and above.

2. Those applying for Piramal Personal Loans specifically for medical emergencies must have a minimum monthly income of Rs 25,000.

Personal Loan for Pensioners

1. For Government Pensioners:

• The pensioner should be aged 76 years or below.
• Possession of a well-maintained pension payment order.
• The guarantor for this loan can be any third party or the applicant’s spouse (family pensioner).

2. For Family Pensioners:

• The family pensioner should be aged 76 years or below.
• Authorization to receive the pension after the death of the original pensioner.
• Access to the pension account details is necessary.

3. For Defence Practitioners:

• The loan applicant should be a pensioner of the Indian Armed Forces (Army, Navy, or Air Force).
• The applicant should be aged 76 years or below at the time of loan application.
• A well-maintained pension payment order is required.

Personal Loan for Women

1. Salaried applicants must be aged between 21 to 60 years and possess a minimum work experience of 1 year.

2. Applicants with credit scores of 750 and above are more likely to be approved for this loan facility.

3. The minimum monthly income required for both loan applicants availing Piramal Finance Marriage Loan is Rs 25,000.

Personal Loan for Salaried

1. Salaried applicants must be Indian residents.

2. Applicants should be aged between 21 to 60 years and have a minimum work experience of 1 year.

3. Those with credit scores of 750 and above are more likely to be approved for this loan facility.

4. The minimum monthly income required for both loan applicants availing Piramal Finance Personal Loan for Salaried is Rs 25,000.

Personal Loan for Students

1. Loan applicants must be Indian residents and should not have any outstanding education loans.

2. The course pursued should be approved by the Indian government, UGC, or AICTE.

3. The loan applicant should have secured at least 50% marks in both board examinations and the graduation course.

Also read: Best Personal Loan Eligibility

Piramal Finance Personal Loan Documentation Required

The documents required for applicants seeking Piramal Finance Personal Loans include:

1. PAN card (mandatory)2. Passport-sized photograph3. Identity proof (choose one): Aadhaar, Driving License, Voter’s Identity Card, Passport4. Address proof (choose one): Aadhaar, Driving License, Voter’s Identity Card, Passport, utility bills (telephone, electricity, etc.)5. Income documents for salaried professionals: Salary slips and Form 166. Income documents for self-employed professionals: Income Tax returns, Profit & Loss statements, and Balance Sheet7. Pension account statement and pension payment order (for pensioners)8. Bank statements from the last 6 months

Documents Required for Personal Loan for Students

1. Demand letter from the University2. Copy of the admission letter3. Mark sheets for 10th & 12th standard and college4. Bank statements for the last 6 months5. Proof of identity6. Proof of address7. Proof of income8. Loan agreement signed by the applicant and co-applicant9. Disbursement request form (signed by the applicant and co-applicant)

Also Read: Best Personal Loan Documents Required

EMI Calculator

EMI Calculator 

Also read: Best Personal Loan EMI Calculator