Mumbai, the financial capital of India, has an undeniable cosmopolitan charm. The capital of Maharashtra has a major contribution toward the GDP of India. The standard of living in Mumbai is quite high, and you might need a personal loan to keep up with your expenses.

If you require personal loans in Mumbai, Piramal Finance is your ideal place. With favourable interest rates and EMIs, our personal loan will cover all your financial requirements. Apply for a personal loan from us for a quick approval and a fast disbursal.

Benefits of Personal Loan in Mumbai

Loan Amount Limit

When you take a Personal loan in Mumbai, you can borrow any amount between Rs 1 lakh to Rs 10 lakh. This can help you and your family with all their financial needs

Attractive Interest Rates

The personal loan interest rates in Mumbai for salaried and self-employed individuals start from 12.99*%pa. We offer reasonable and competitive interest rates based on the customers’ profiles and convenience.

Hassle-Free Documentation Process

We at Piramal Finance offer a seamless and hassle-free customer experience in terms of paperwork and documentation. You can apply for an instant personal loan in Mumbai within seconds via our personal loan page and submit all documentation in PDF format.


Everyone wants to get the loan amount disbursed into their bank account as soon as possible, and we understand that. Get an instant personal loan in Mumbai from Piramal Finance within a few minutes. Once approved, we will disburse the amount within the next few minutes.

Documents Required for a Personal Loan in Mumbai

SalariedSelf Employed
Last 3 months' salary slip, stating employer's name, salary break up, and bank details
Business registration certificates issued by government authorities such as GST certificates, Shop and Establishment licenses, etc.
Valid identity proof such as Aadhaar card/Voter’s ID/Driving License/Passport
Last 3 years Income Tax Return along with computation of Income, Balance sheet, and Profit & Loss Account statement certified by a Chartered Accountant
Latest 6 months Bank statement
Latest 6 months Bank statement
Form 16 or Income tax return (ITR) for the last 2 years, if applicable.
Proof of continuity of business i.e., the partnership deed or proprietorship letter etc. in case of self-employed professional for more than 1 year, if applicable

Eligibility Criteria for a Personal Loan in Mumbai

To become eligible for an instant personal loan in Mumbai, you must meet the following criteria:

  • You should be an Indian citizen to apply for a Piramal Finance personal loan in Mumbai.
  • Your age should range between 21 years to 60 years.
  • You must have an ongoing employment status in either the public or private sector.
  • If you’re a resident of Mumbai, your monthly income should be no less than Rs. 15,000.

How to Apply for a Personal Loan in Mumbai

If you need an instant personal loan in Mumbai, visit any physical branch of Piramal Finance in Mumbai and submit the application with the required documentation. However, you can apply faster by visiting our online portal.

Here are the steps to follow when applying for a personal loan from Piramal Finance:

Step 1: Check Your Eligibility

Before filling out the application form, ensure you’re eligible for our personal loan. See if you meet all the eligibility criteria that we mentioned on this page or not. If yes, proceed to the next step.

Step 2: Fill Out the Application & Submit It

Fill out all the necessary information, including your professional, personal and income details. Ensure you fill in the correct information, as any wrong input will result in rejection. Once done, submit it.

Step 3: Submit Documentation

Scan and upload all the necessary documents required for the personal loan application. Submit documents such as your income, photo ID, and address proof.

Step 4: Verification

Once you submit the application and documents, wait for the experts at Piramal Finance to assess and verify it.

Step 5: Approval & Disbursal

Once the verification is done, we will approve your application and disburse the personal loan amount on the same day

Personal Loan Interest Rate in Mumbai

Personal loan interest rates in Mumbai from Piramal Finance start from 12.99*%pa. for both self-employed and salaried individuals. The interest rate, as well as our processing fee, combines to generate the total loan cost.

At Piramal Finance, we offer the lowest personal loan interest rates in Mumbai based on the applicant’s income, credit score, employment status, and other factors. We ensure the interest rate is convenient enough for you, making repayments easy.

Uses of Personal Loans in Mumbai

You can use a personal loan in Mumbai for various purposes. From your wedding to medical to travel expenses, a personal loan can be a saviour on many occasions.

1. Wedding

Are you planning a big wedding but don’t have the budget? Do you have to cut back on vacations and other things to save money for the wedding? No need for that anymore.

With Piramal Finance, you can have or throw the best wedding of your life. We take care of the finances, and you worry about the wedding plans. Our personal loan extends its support to every parent or bride or groom who wants to have a wonderful wedding.

2. Travel

If you’re not going on a vacation for a long time due to the heavy expenses, say no more. With Piramal Finance personal loan, you can plan your ever-desired family, solo, or romantic vacation away.

Our personal loan for travel will provide you with the funds you need to visit your dream destination. Fulfil your travel lust with an instant personal loan from us.

3. Medical Emergency

Get an instant loan in Mumbai from Piramal Finance and pay your unexpected medical expenses within a day. Whether it’s an unexpected hospitalisation, accident, or operation, our instant personal loan can help you cover all medical emergency costs.

4. Home Renovation

With a Personal Loan in Mumbai, you can renovate your home and give it a new definition. If you’ve always wanted to change the interior design or paint the exterior of your house, the time has come. Use a personal loan to fulfil your wish to renovate, repair, or revamp the home.

Nearest Branches of Piramal Finance where you can visit and apply for a Personal loan in Mumbai.

Andheri (East)
The Andheri (East) branch of Piramal Finance is located on the 5th Floor of Express Chambers. Room Nos. 501 & 502. You can reach this branch easily by taking a train, as Andheri Station is just a few minutes away. You can apply for a personal loan in Andheri without any hassle.
Boisar (West)
The Boisar (West) branch of Piramal Finance is located at Shop no.127 to 130 at Ostwal Empire, opposite IDBI Bank. You can take a local bus from nearby locations like Palghar or Thane to get here. Applying for a personal loan in Boisar is simple and hassle-free
Borivali (East)
The Borivali (East) branch of Piramal Finance is just 10 minutes away from Borivali Station. It is located at Shop No. 18 - 20, Opp. Bhor Industry. You can apply for a personal loan in Borivali without any issues.
Dahisar (East)
The Piramal Finance branch in Dahisar (East) is located at Diamoda, Unit No. 706, 7th Floor. Make a right onto Link Road for an effortless two-minute drive to the branch located near Dahisar Station. Get the best personal loan solutions in Dahisar from experienced professionals at this location.
Piramal Tower, Lower Parel
The Piramal Tower branch is located at Peninsula Corporate Park on the 4th floor of Piramal Tower. If you want to get here, you can take a bus, train or taxi to Lower Parel and then walk to Piramal Tower. Obtaining a personal loan in Lower Parel from this branch is effortless and stress-free.

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Frequently Asked Questions

Who can avail of a Personal Loan in Mumbai?
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How much can I borrow when I apply for a personal loan in Mumbai?
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What is the maximum Personal Loan in Mumbai you are eligible for?
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How to get a personal loan balance transfer from Piramal Finance in Mumbai?
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Why should you choose Piramal Finance Personal Loan in Mumbai?
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What are the documents required for availing of a Personal Loan in Mumbai?
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