Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation! Apply Now

There may be times you might require funds to meet your financial needs and you may have to get a personal loan. This is where Privo Personal Loan comes in handy. Privo provides personal loans of up to Rs. 5 Lakhs at low rates of interest without any collateral submission. 

Privo Personal Loan Details

Interest Rate

9.99% p.a. Onwards

Loan Tenure

3 months to 5 year

Loan Amount

Up to ₹5 Lakhs

Disbursal time

Less than 5 minutes

Processing Fee

1%-3% of the loan amount +GST

Prepayment Charges


Foreclosure Charges


*Disclaimer: The information mentioned above is subject to change as per the financial institution's policies.

Once the loan gets approved, the money will be disbursed in as little as 5 minutes. So, why wait, apply for a Privo Personal Loan at Bajaj Markets.

Privo Personal Loan Interest Rates

Privo’s personal loan interest rate starts from 9.99% which is very low compared to the interest rate of other loans in the market. Privo Personal Loans come with zero preclosure fees, making it an affordable option.

Calculate Your EMI for Privo Loan

Loan Amount
  • Months
  • Years
Rate of Interest

Monthly EMI

at % interest rate for months

Total Amount Payable
Principal Amount
Total Interest Amount
Year Principal Interest Balance

Eligibility Criteria & Documents Required for a Privo Instant Loan

Eligibility Criteria:

The eligibility criteria for Privo Personal Loans are as follows:

  • Your age must be between 21 and 57 years.
  • You must have a minimum monthly income of Rs. 20,000.
  • You must have a minimum CIBIL Score of 700
  • You must be an Android user


Documents Required: 

The basic documents that you need to apply for a Privo Loan are Aadhar card, bank statement and PAN card.

Features and Benefits

Loan Amount

Loan Amount

With Privo, you can get a personal loan ranging from ₹20,000 to ₹5 Lakhs to meet all your financial needs. All you have to do is open a credit line and you can keep borrowing whenever you want until the total loan reaches the credit limit.






Paperless process

Paperless process

The entire application process is online. The entire journey from application to approval can be completed in minutes.
Flexible repayment period

Flexible repayment period

The repayment tenure for this personal loan ranges from 3 months to  5 years.
Minimal documentation

Minimal documentation

Since the application process is online, the documentation required is very minimal.
Quick disbursal

Quick disbursal

The key highlight of Privo Personal Loan is that once the loan gets approved, disbursement takes less than 5 minutes.
Interest only on what is borrowed

Interest only on what is borrowed

Another feature that Privo Personal Loan offers is that you only need to pay interest for what you borrow. The rest of the amount can be used as per your needs.

Know How Privo Personal Loans Can Help You

A Privo Personal Loan can be used to fund the following requirements:

  • For wedding

  • For vacations

  • For home renovation

  • For medical emergencies

  • For higher education

How to Apply for Privo Personal Loan

You can apply for an Privo Personal Loan on Bajaj Markets by following the steps mentioned below:

  • Fill the application form: Enter the necessary professional and personal details in the online form.

  • Select the lending partner: Select “Privo” from the list of personal loan providers.

  • Specify the loan details: Choose the repayment tenure and loan amount.

  • Approval and disbursal: After you have filled the necessary details and your loan application is verified, the loan will be approved and disbursed in 5 minutes..

Comparison of Privo Personal Loan with other Partner Lenders

Partner Bank/NBFC

Interest Rate*

Axis Bank

10.49% p.a. Onwards

Bajaj Finance Limited

12% p.a. Onwards


30% p.a. Onwards


14% p.a. Onwards


15.95% p.a. Onwards

IIFL Finance

16.50% p.a. Onwards


21% p.a. Onwards

Kotak Mahindra Bank

10.99% p.a. Onwards


15% p.a. Onwards

L&T Finance

11% p.a. Onwards


24% p.a. Onwards

Muthoot Finance

14.50% p.a. Onwards

PaySense Partners

14% p.a. Onwards


2% p.m. Onwards

SMFG India Credit

12% p.a. Onwards


1.5% p.m. Onwards


10.99% p.a. Onwards

* Interest rates are subject to change as per the financial institution’s policies.

FAQs for Privo Personal Loan

The interest rate for personal loans by Privo starts from 9.99% p.a.

The repayment tenure for Privo Personal Loans ranges from 3-60 months.

You can apply for a Privo Personal Loan through Bajaj Markets.

Privo provides credit line based loans with which you can borrow whenever you want up till the credit line. Another key feature is that you have to pay interest only for what you borrow.

You can repay Privo personal loans within 3 months-60 months.


Once the loan is approved, disbursement happens within 5 minutes.


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