Personal Loan of ₹7 Lakh

A personal loan is a type of unsecured loan that can be used for various personal expenses such as home renovations, medical bills, travel expenses, etc. A personal loan of ₹ 7 Lakh is available at 9.99% interest rate with minimal documentation and budget-friendly EMIs.

**The interest rates are subject to change with lending institutions' norms and policies.

₹7 Lakh loan can fulfil various fund requirements depending upon your necessity and priority list. However, one of the major advantages of a personal loan is that there is no specific restriction or guideline on the usage of the loan amount. Thus enabling you to spend or use the loan amount as per your requirement and comfort. Some of the purposes that ₹ 7 Lakh personal loan generally serves include -

• Wedding Expenses

• Repayment of Debts

• Education (includes fees and other expenses)

• Vacation

• Renovation of the House or Office

• Medical Emergency

• Purchase of an Appliance or Household Item

• Purchase of any Assets

• Downpayment of any Investment

• Debt Consolidation

To avail of the benefit of ₹ 7 lakhs personal loan, there are certain eligibility parameters that one must fulfil to ensure seamless and hassle-free loan approval -

• You must be a resident of India

• You must be between 18 -65 years of age

• You must have a stable source of income

• Your CIBIL score should be 750 or above

You can quickly get your loan application approved with the submission of certain mandatory documents mentioned below -

• Passport-size photographs

• Identity Proof 

Aadhaar card, PAN card, etc.

• Address Proof 

Passport, Utility bills, etc.

• Income Proof 

Salary slips, bank statements, etc.

The answer to ‘I need 7 Lakh rupees urgently’ is an online loan application procedure. You can apply online for a personal loan from anywhere at any point in time, even during emergencies. 

Bajaj Markets renders digital application procedure with instant fund disbursal on loan approval.

Follow these quick and simple steps to apply online for a ₹ 7 Lakh personal loan -

• Click on ‘APPLY NOW’ on this page.

• Fill in all the personal and professional details in the application form

• Mention the loan amount and loan tenure 

Once the authentication and verification procedure is completed, the loan amount will be sanctioned.