Get instant approval on your online Personal Loan at lowest Interest Rates through IndiaLends. If you are looking for a loan with minimal paperwork required, then availing an online personal loan from IndiaLends can be the best choice for you.
Personal loan can also be used for various purposes, and hence it is also known as multi-purpose loan. Be it a wedding, remodeling your home, paying for your higher education fees or planning for a holiday, an instant personal loan can help you fulfil all your requirements. As the loan has varied advantages, it caters to the need of every section of individuals. Personal loan can also be availed without collateral, and hence can be availed by salaried individuals, as well as students.
With IndiaLends Online Personal Loan you can find a variety of loan options with the interest rates starting from 10.75% and Loan amount starting from 25k to 25Lacs. There is no requirement of comparing the best offers as we have algorithms with machine learning which will find the best suitable BANKs/NBFCs offering minimal interest rate best suited for your profile. These are the unique features and benefits which differentiate IndiaLends from other online Personal Loan comparison portals.
Popular Personal Loans :
BANK/NBFC Interest Rate Loan Amount Processing Fees Foreclosure Charges Locking Period Tenure
IDFC Bank 11.69% - 15.00% Per Annum 1Lakh to 20Lakhs
1.5% of the loan amount
Allowed after 1 EMIs, 2 - 2.5% of outstanding amount 3 Months 3 to 60 Months
HDFC Bank 10.99% - 20.00% Per Annum 50k to 40Lakhs
From Rs. 1500/- Up to 2.5% of the loan amount
Allowed after 12 EMIs, Prepayment charges vary by year: 2nd year - 4%; 3rd year - 3%, after 3 years - 2% 1 Year 12 to 60 Months
ICICI Bank 10.99% - 17.99% Per Annum 50k to 25Lakhs
From Rs. 999/- Up to 2.0% of the loan amount and applicable Service Tax
Allowed after 6 EMIs, up to 5% 6 Months 12 to 60 Months
Bajaj Finserv 12.00% - 16.00% Per Annum 1Lakh to 20Lakhs
Up to 2.0% of the disbursed loan amount
For Flexi Product 0% and Normal PL Upto 4% 1 Month 12 to 60 Months
Kotak Bank 11.00% - 24.00% Per Annum 1Lakh to 30Lakhs
Up to 2.50% of the loan amount and applicable Service Tax
Upto 4% 1 Year 12 to 48 Months
Tata Capital 11.49%-19.00% Per Annum 75k to 20Lakhs
From Rs. 999/- Up to 2.0% of the loan amount and applicable Service Tax
Upto 4% 6 Months 12 to 72 Months
Indusind Bank 11.49% - 20.00% Per Annum 1Lakh to 20Lakhs
Up to 2% of the loan amount
Upto 4% 1 Year 12 to 60 Months
Capital First 12.00% - 35.00% Per Annum 1Lakh to 15Lakhs
Up to 2.0% of the loan amount and applicable Service Tax
5% of principal outstanding 1 Year 12 to 60 Months
Fullerton 17.25% - 35.00% Per Annum 65k to 20Lakhs
Up to 3.5% of the loan amount
Upto 4% 6 Months 12 to 60 Months
IIFL 12.00% - 20.00% Per Annum 1Lakh to 20Lakhs
Up to 2%
Upto 5% 9 Months 12 to 60 Months
RBL Bank 14.00% - 20.00% Per Annum 1Lakh to 20Lakhs
Up to 2.0% of the loan amount and applicable Service Tax
Upto 2.0 to 4.0% 1 Year 12 to 60 Months
Yes Bank 10.75% Per Annum 1Lakh to 25Lakhs
Up to 2.50% of the loan amount subject to a minimum of Rs. 999/- plus taxes
Foreclosure of Loan is allowed post repayment of 12 EMI’s 12 to 60 Months
*The figures provided in the table are indicative subject to change from time.
Representative Example:
With a representative 11.49% APR based on borrowing ₹ 10 lacs and repaying over 60 months with 60 monthly repayments. Monthly repayments of ₹ 21988.
Types of Personal Loan:
Personal Loan for Home Improvement
Personal Loan for wedding
Personal Loan for Travel
Fresh Funding
Top Up Personal Loan
Personal Loan Balance Transfer
Personal Loan Calculator:
Calculate your Personal Loan Equated Monthly Instalment (EMI) and know how much you need to pay per month for the said Personal Loan amount.
Personal Loan Eligibility:
There is, however, a minimum eligibility for borrowers. One must meet following basic criteria to borrow from us:
The borrower must be an Indian Resident
Minimum age - 21 years
Valid government issued identity proof
Valid bank account
Documents Required for Personal Loan:
PAN Card
Address proof by showing any one of these - Passport, driving licence, Voter ID, post-paid/landline bill, utility bills (electricity/water/gas)
Bank statements - where your salary is deposited, for the last 3 months
Pay slips of the last 3 months
Why IndiaLends?
IndiaLends is an online marketplace which offers low-interest personal loans best suited for your needs. If you are seeking a Personal Loan, you can simply fill up an online loan application form after checking your Personal Loan Eligibility. Moreover, you can use an online Personal Loan EMI calculator available at our website to calculate your affordability.
Personalised Loan Offers: At IndiaLends, you can receive personalised loan offers and best deals at the best rate of interest. This is due to a tie-up with several banks and NBFCs, which helps you get the best deal on your personal loan as per your profile.
Instant Approval: You will get an instant approval on your personal loan after you fill in an easy online application form. Your application would be sent to a suitable financial institution after careful analysis of your credit profile.
Cash within 2 days: Soon after the loan is approved, the funds are transferred right into the borrower’s bank account within two working days. Thus, we need no room for delay.
Real Time Tracking Facility: After submission of your loan application at IndiaLends, you can track your application online and moreover, will receive updates of your submitted application form using both email and SMS.
