Rs. 15 Lakh Loan

Get a Rs. 15 Lakh loan using ESOPs, bonds, mutual funds, shares, or insurance with an easy process, attractive interest rates, and flexible repayment plans.
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3 mins read
12-August-2025

A Rs. 15 lakh loan can be a lifesaver when you need funds quickly for important expenses. Whether it’s covering urgent medical bills, giving your home a much-needed makeover, expanding your business, or paying for higher education, this amount can provide the financial boost you need. There are many ways to borrow this amount from ESOP financing and loans against investments to other secured loan options. The key is to choose the one that fits your needs and repayment comfort.

Big plans? A Rs. 15 lakh loan can make them happen without selling your investments. Explore now

6 ways to get a Rs. 15 lakh loan

The table below outlines the most popular loan options, along with interest rates, tenure, and application links.

Loan product

Interest rate

Loan tenure

ESOP Financing

Up to 15% p.a.

Up to 36 months

Loan Against Bonds

8–15% p.a.

Up to 36 months

Loan Against Insurance Policy

Up to 24% p.a. (compounding interest for lock-in policies; simple interest for lock-in free)

Up to 96 months

Loan Against Mutual Funds

8–15% p.a.

Up to 36 months

Loan Against Shares

8–15% p.a.

Up to 36 months

 

Compare options, check rates, and choose the loan that works best for you. Get started

Eligibility criteria for a Rs. 15 lakh loan

To get a Rs. 15 lakh loan, you will need to meet some basic requirements. These may vary slightly between lenders, but here’s what is usually needed:

  • Age: Between 18 and 65 years.

  • Income: A stable source of income from a salary, self-employment, or investments.

  • Employment status: Salaried professionals, self-employed individuals, or business owners can apply.

  • Asset ownership: Existing investments such as bonds, shares, mutual funds, or insurance policies are required for secured loans.

Some lenders may also have additional conditions depending on the type of loan and the security offered. Checking these in advance makes the process faster and easier.

Loan Against Shares
Loan Against Mutual Funds

Documents required for a Rs. 15 lakh loan

Having your paperwork ready can speed up the approval process. Here’s what you will typically need:

  • Identity proof: Aadhaar Card, PAN Card, Voter ID, Passport, or Driving License.

  • Address proof: Utility bills, Aadhaar Card, Passport, or Driving License.

  • Income proof: Salary slips (last 3 months), bank statements (last 6 months), or ITR returns (last 2 years for self-employed).

  • Employment proof: Offer letter, employment certificate, or business registration papers.

  • Loan-specific documents: For loans against investments mutual fund statements or shareholding proof.

How to apply for a Rs. 15 lakh loan?

Applying is straightforward. Just follow these steps:

  1. Compare loan options – Look at interest rates, repayment terms, and benefits.

  2. Check eligibility – Use an online calculator to see if you qualify.

  3. Choose a lender – Compare offers from banks and NBFCs.

  4. Prepare documents – Keep your KYC, income proof, and investment statements ready.

  5. Apply online or offline – Submit your form via the lender’s website or branch.

  6. Verification and approval – The lender reviews your application and verifies details.

  7. Loan disbursement – Once approved, funds are credited to your account quickly.

Apply today and get your Rs. 15 lakh loan in days sometimes hours. Get started

Benefits of Rs. 15 lakh loans against investments

Loans against investments offer some big advantages over regular personal loans:

  • Lower interest rates – You save more over the loan tenure.

  • No strict income proof needed – In some cases, your investments are enough.

  • Flexible tenure – Repay in 1 to 5 years based on your comfort.

  • Quick approvals – Minimal paperwork and faster disbursals.

  • Keep your investments – Assets stay in your name and continue earning returns.

  • High loan-to-value (LTV) – Borrow up to 50–90% of your asset value.

EMI calculation for a Rs. 15 lakh loan

Before you commit, calculate your Equated Monthly Instalment (EMI) to understand the repayment amount. Most lenders provide an online EMI calculator where you can adjust the loan amount, interest rate, and tenure to find a repayment plan that fits your budget.

Know your EMI in minutes and plan your repayments with confidence using our loan against securities calculator.

Tips to improve your chances of approval

  • Maintain a good repayment history and credit score.

  • Keep your investment documents updated and easy to access.

  • Choose a shorter tenure if you can manage higher EMIs — it saves interest.

  • Avoid multiple loan applications at the same time, as they may affect your profile.

Conclusion

A Rs. 15 lakh loan can be a smart way to meet big expenses without selling your assets. By choosing the right loan type whether it’s ESOP financing, loan against bonds, insurance, mutual funds, or shares, you can enjoy lower interest rates, flexible repayment terms, and quick processing. Compare your options, check your eligibility, and keep your documents ready to make the process smooth. With the right approach, you can get the funds you need while keeping your investments intact.

Your investments can unlock the funds you need without losing their growth potential. Apply now

Frequently asked questions

How to get a 15 Lakh Loan immediately?
To get a Rs. 15 lakh loan instantly, choose a lender offering quick approval, like loans against mutual funds, or shares. Ensure you meet the eligibility criteria, submit required documents online, and opt for digital verification for faster processing.

What is the minimum salary for a 15 Lakh loan?
There is no minimum salary requirement to avail of a Rs. 15 lakh loan against your investments. Instead, your eligibility depends on the value and type of securities you pledge such as shares, mutual funds, or insurance policies—approved by your lender. As long as your pledged investments meet the lender’s criteria, you can access funds without income-based restrictions.

What is the interest rate for a 15 Lakh Loan per month?
Interest rates for a Rs. 15 lakh loan may vary, depending on the lender and applicant profile. Monthly interest is calculated based on the annual rate, loan tenure, and repayment type. Secured loans offer lower rates than unsecured personal loans.

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