Year | Principal | Interest | Balance |
---|
You can easily calculate your monthly instalment for a personal loan of ₹1 Lakh with the help of an EMI calculator. Let us explore the impact of various tenures on your monthly instalment. For this consider the interest rate to be 11% p.a.
Tenure |
EMI Amount |
Total Interest |
Total Repayment Amount |
12 months |
₹8,838 |
₹6,052 |
₹1,06,052 |
24 months |
₹4,660 |
₹11,848 |
₹1,11,848 |
36 months |
₹3,273 |
₹17,842 |
₹1,17,842 |
48 months |
₹2,584 |
₹24,035 |
₹1,24,035 |
60 months |
₹2,174 |
₹30,425 |
₹1,30,425 |
Our Partners
|
Maximum Loan Tenure
|
Maximum Loan Amount
|
Minimum Interest Rate
|
|
---|---|---|---|---|
Bajaj Finance Limited |
72 months |
₹35 Lakhs |
12.00% p.a. |
|
CASHe |
12 months |
₹4 Lakhs |
27.00% p.a. |
|
Fibe |
36 months |
₹5 Lakhs |
14.00% p.a. |
|
Finnable |
60 months |
₹10 Lakhs |
15.95% p.a. |
|
IIFL Finance |
42 months |
₹5 Lakhs |
18.00% p.a. |
|
InCred |
72 months |
₹10 Lakhs |
16.00% p.a. |
|
KreditBee |
24 months |
₹4 Lakhs |
18.00% p.a. |
|
Kotak Mahindra Bank |
60 months |
₹25 Lakhs |
10.99% p.a. |
|
L&T Finance |
48 months |
₹15 Lakhs |
11.00% p.a. |
|
moneyview |
60 months |
₹5 Lakhs |
16.00% p.a. |
|
Muthoot Finance |
60 months |
₹15 Lakhs |
14.50% p.a. |
|
PaySense Partners |
60 months |
₹5 Lakhs |
15.00% p.a. |
|
Privo |
60 months |
₹5 Lakhs |
9.99% p.a. |
|
Olyv |
12 months |
₹5 Lakhs |
1.50% p.m. |
|
SMFG India Credit |
60 months |
₹25 Lakhs |
12.00% p.a. |
|
Upwards |
36 months |
₹5 Lakhs |
1.50% p.m. |
|
YES BANK |
72 months |
₹50 Lakhs |
10.99% p.a. |
|
Zype |
12 months |
₹5 Lakhs |
18.00% p.a. |
|
*Disclaimer: The aforementioned details and charges are subject to change at the lender’s discretion.
Make sure to meet the following criteria to qualify for a personal loan of ₹1 Lakh:
Age: 21 years and above
Credit Score: 600 or higher
Minimum Monthly Income: ₹15,000
Work Experience: 2-3 years
Citizenship: Indian
Employment Type: Salaried or self-employed
Also, keep the documents handy for a seamless loan application process:
ID Proof: Any one of the following
PAN card
Aadhaar card
Voter ID
Driving licence
Passport
Address Proof: Any one of the following
Voter ID
Passport
Aadhaar card
Driving licence
Utility bill
Income Proof: Salary slip or bank statement of the last 3 months
Also Check Other Instant Personal Loan Options |
|
You can get a ₹1 Lakh loan without income proof. However, for this, you will be required to meet certain conditions like offering collateral.
You can apply for a personal loan of ₹1 Lakh through Bajaj Markets by following these simple steps:
Click on the ‘Apply Now’ option on this page
Enter your personal and professional details
Choose a lender from the list provided
Select the required loan amount and preferred tenure
Check the information entered and submit the application
Following this, a representative will reach out to you for further proceedings.
You can secure a loan of ₹1 Lakh at interest rates starting from just 9.99% p.a. by applying for it on Bajaj Markets
Since personal loans are collateral-free, you can get a personal loan without offering any security.
You can get a personal loan instantly within minutes by applying for it on Bajaj Markets. Here, multiple lending partners like Fibe, KreditBee, Privo, and Kissht send the amount to your account within 5 to 15 minutes, once your application is approved.
You can enjoy tenures ranging from a couple of months to 6 years by applying for a personal loan of ₹1 Lakh on Bajaj Markets.