Filters
Amount
(Tap to Select)Tenure
(In Months)Loan Type
(Tap to Select)17 Results Found
EMI: Rs. 11,250
INSTANT APPROVAL
LOWEST EMI
Enter your 10-digit mobile number
EMI: Rs. 11,250
INSTANT APPROVAL
LOWEST EMI
Mobile Number Disclaimer Text
EMI: Rs. 11,250
INSTANT APPROVAL
LOWEST EMI
Mobile Number Disclaimer Text
All about Flexi Loan
EMI: Rs. 11,250
Mobile Number Disclaimer Text
EMI: Rs. 11,250
Mobile Number Disclaimer Text
EMI: Rs. 20,339
Mobile Number Disclaimer Text
EMI: Rs. 23,010
Mobile Number Disclaimer Text
EMI: Rs. 27,076
Mobile Number Disclaimer Text
EMI: Rs. 33,935
Mobile Number Disclaimer Text
EMI: Rs. 47,777
Mobile Number Disclaimer Text
EMI: Rs. 89,552
Mobile Number Disclaimer Text
EMI: Rs. 19,291
Mobile Number Disclaimer Text
EMI: Rs. 21,993
Mobile Number Disclaimer Text
EMI: Rs. 26,089
Mobile Number Disclaimer Text
EMI: Rs. 32,976
Mobile Number Disclaimer Text
EMI: Rs. 46,840
Mobile Number Disclaimer Text
EMI: Rs. 88,615
Mobile Number Disclaimer Text
Get Rs. 10 lakhs personal loan easily
If you require immediate funds, a Rs. 10 lakh personal loan can help manage expenses such as medical needs, education, home improvements, or travel. This loan option is generally available through digital processes with minimal documentation, subject to eligibility criteria.
When exploring options such as a Rs. 10 lakh personal loan from Bajaj Finance, applicants may review their credit score, income, and repayment capacity to understand their eligibility. Knowing how to apply for a Rs. 10 lakh loan can help you prepare the required details and documents in advance.
With online platforms, accessing a personal loan has become more streamlined, allowing individuals to complete the application process and track their application status conveniently.
Why get a Rs. 10 lakh personal loan from Bajaj Finance
A personal loan up to Rs. 10 lakh can be the right financial solution when you are short of funds. Whether it is for wedding expenses, medical treatment, or higher education, a personal loan up to Rs. 10 lakh ensures quick access to money with flexible repayment options. The EMIs on a Rs. 10 lakh personal loan are structured to fit your budget, allowing you to repay comfortably over your chosen tenure.
Features and benefits of a 10 Lakh personal loan
00:53
Features and benefits of Personal Loan
Discover the features and benefits of a Personal Loan—quick approval, minimal paperwork, flexible repayment options, and no collateral required.Explore the features and benefits of a personal loan from Bajaj Finserv. Flexible terms, easy approval.
-
3 unique variants
Pick the loan variant that suits you best: Term loan, Flexi Term Loan, and Flexi Hybrid Term Loan.
-
No part-prepayment charge on Flexi Term Loan (Flexi Dropline) and Flexi Hybrid Term Loan
Repay a part of your loan in advance, at no extra cost. You can part-pay as many times as you want.
-
Loan of up to Rs. 55 lakh
Manage your small or large expenses with quick personal loans ranging from Rs. 40,000 - Rs. 55 lakh.
-
Convenient tenures
Manage your loan easily with repayment options ranging from 12 months to 108 months.
-
Approval in just 5 minutes
Complete your entire personal loan application online from the comfort of your home or wherever you are and get an instant personal loan with fast approval.
-
Money in your account in 24 hours*
Your bank account will be credited with your loan amount within 24 hours* or, in some cases, on the same day of approval.
-
No hidden charges
Our fees and charges are mentioned clearly on this page itself and also on our loan documents. We advise you to read these in detail before applying.
-
No guarantor or collateral needed
You do not need to provide any collateral such as gold ornaments, property papers, or have someone stand as a guarantor.
-
*Terms and conditions apply.
These features make this one of the best personal loans in India. Still haven’t found what you’re looking for? Click on any of the links at the top of this page.
Eligibility criteria for personal loan up to Rs. 10 lakh
To get a Rs. 10 lakh personal loan, applicants must meet specific requirements. Check the eligibility and documents for personal loan for a hassle-free application process.
Nationality | Indian |
Age | 21 years to 80 years |
Employed with | Public, private, or MNC. |
CIBIL Score | 650 or higher. |
Customer profile | Self-employed or Salaried |
*You should be 80 years or younger, at the end of the loan tenure.
Documents required for Rs. 10 lakh loan
Documentation requirements for a Bajaj Finance Personal Loan are minimal. Five document categories are required at the time of application:
Document Category | Accepted Options |
KYC proof | Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card |
Identity proof | PAN card, Real-time image / photograph |
Employment proof | Employee ID card, Letter of Allotment of Accommodation Issued by Employer |
Income proof | Salary slips — last 3 months, Bank account statements — last 3 months |
Others | Pension order, Utility bill, Phone bill, Piped gas bill, Property / Municipal tax receipt |
Know more about the personal loan documents required during application.
Rs. 10 lakh personal loan interest rate, fees & charges
When applying for a Rs. 10 lakhs personal loan, it is crucial to check the applicable personal loan interest rate before making a decision. The personal loan interest rate on Rs. 10 lakh depends on factors like your credit score, income stability, and repayment capacity. Along with the interest, borrowers should also review processing fees, prepayment charges, and other applicable costs.
Charges | Details |
Interest rate | Usually ranges from 10% to 30% p.a. , depending on eligibility and lender policies |
Processing fee | Up to 3.93% of the loan amount (inclusive of applicable taxes). |
Loan tenure | Typically ranges from 12 months to 108 months |
Bounce charges | Rs. 700 to Rs. 1,200/- per bounce |
Prepayment/foreclosure charges | Up to 4.72% (Inclusive of applicable taxes) |
Stamp duty (as per respective state) | Payable as per state laws and deducted upfront from loan amount |
Rs. 10 lakh personal loan emi and repayment overview
The Rs. 10 lakh personal loan EMI depends mainly on the interest rate and repayment tenure chosen by the borrower. A longer tenure reduces the monthly EMI but increases the total interest payable over the loan period. Before applying, borrowers can use a personal loan EMI calculator to estimate monthly instalments and choose a repayment plan that suits their budget.
Repayment Tenure | Approximate EMI* |
1 year | Rs. 87,915 |
2 years | Rs. 46,145 |
3 years | Rs. 32,267 |
4 years | Rs. 25,363 |
5 years | Rs. 21,247 |
6 years | Rs. 18,528 |
*EMIs are indicative and may vary based on the applicable interest rate and lender policies. Use a personal loan EMI calculator to get an accurate estimate based on your preferred loan terms.
How to apply for a Rs. 10 Lakh personal loan
To apply for a personal loan of Rs. 10 Lakhs, follow these steps:
- Click on ‘APPLY’ at the top of this page to open our online personal loan application form.
- Enter your 10-digit mobile number and the OTP sent to your phone.
- Fill in the application form with your basic loan details, such as your full name, PAN, date of birth, and PIN code.
- Now, click on ‘PROCEED’ to visit the loan selection page.
- Enter the loan amount that you need. Choose from our three personal loan variants – Term, Flexi Term, and Flexi Hybrid Term Loan.
- Choose the repayment tenure – you can select tenure options of 12 months to 108 months and click on ‘PROCEED’.
- Complete your KYC and submit your application.
Smart tips to manage your Rs. 10 Lakh personal loan
- Plan your monthly budget to ensure EMI payments remain manageable and do not affect essential expenses.
- Set up auto-debit instructions to avoid missed payments and maintain repayment discipline.
- Avoid taking additional loans during the tenure to reduce financial burden.
- Regularly review your finances to stay aligned with repayment goals
How to choose the right repayment tenure for a Rs. 10 lakh loan?
Choosing the right repayment tenure for a Rs. 10 lakh loan is important because it affects both your monthly EMI and the total interest paid over the loan period. A shorter tenure helps reduce overall interest costs, while a longer tenure can make EMIs more manageable. Consider these factors before selecting a repayment period:
- Check your monthly income and repayment capacity.
- Compare EMIs for different tenure options.
- Calculate the total interest payable over the loan term.
- Account for existing EMIs and other financial commitments.
- Use an EMI calculator to find a balance between affordability and total borrowing cost.
Explore personal loan options
Also read:
Frequently asked questions
Here is how you can get a Rs. 10 lakh personal loan:
- Click on ‘APPLY’ to open our online application form.
- Enter your 10-digit mobile number and verify the OTP sent to your phone.
- Fill in the application form with your basic details, such as your full name, PAN, date of birth, and PIN code.
- Click on ‘PROCEED’ to visit the loan selection page.
- Enter the loan amount that you need. Choose from our three personal loan variants – Term, Flexi Term, and Flexi Hybrid Term Loan.
- Choose the repayment tenure – you can select tenure options of 12 months to 108 months and click on ‘PROCEED’.
- Complete your KYC and submit your application.
The Bajaj Finance Personal Loan can be disbursed within 24 hours of approval.
*Terms and conditions apply.
The EMI depends on the interest rate and tenure. Use a personal loan EMI calculator for accurate calculations.
Yes, personal loans are typically unsecured and do not require collateral, subject to your creditworthiness and lender policies.
The minimum salary requirement varies depending on the lender and your overall loan eligibility.
It may be difficult to get a Rs. 10 Lakh loan with a Rs. 25,000 salary, as lenders assess repayment capacity and financial obligations. However, eligibility may vary depending on credit score, employer profile, and other factors considered during the evaluation process.
For a Rs. 10 Lakh loan with a 5-year tenure, the EMI depends on the interest rate. At around 10% per annum, the EMI may be approximately Rs. 21,247, though actual values may vary based on lender terms and applicant profile.
The salary requirement for a Rs. 10 lakh personal loan depends on the lender's policies and eligibility criteria. Generally, lenders assess the applicant's income, financial stability, and repayment capacity to determine the minimum income needed.
The EMI of your personal loan usually depends on the loan repayment tenure and the interest rate charged by the lender. You can use a personal loan EMI calculator to find out the EMI of Rs. 10 lakh personal loan.
For instance, if you borrowed Rs. 10 lakh at an interest rate of 10%, the following is your EMI.
Tenure | Approximate EMI at of 10%, interest rate |
2 years | Rs. 4,614 |
3 years | Rs. 3,226 |
5 years | Rs. 2,125 |
Use the formula: Interest = (Loan Amount × Interest Rate × Tenure)/100. For ₹10 lakh, multiply by annual rate and years to get total interest.
Bajaj Finance offers personal loans starting from 10% p.a.
Disbursal timelines may vary depending on verification and approval processes. In some cases, funds may be transferred within a short duration after approval, subject to completion of documentation and internal checks as per Bajaj Finance policies.
Students typically cannot get a Rs. 10 lakh personal loan without a stable income or guarantor, but they may explore education loans with co-applicants.
Loan tenure directly affects the EMI on a Rs. 10 lakh loan because a longer tenure reduces the monthly EMI, while a shorter tenure increases it. However, longer tenures generally result in higher total interest payments over the loan period. Borrowers should choose a tenure that balances affordability with the overall cost of borrowing.
Yes, a Rs. 10 lakh personal loan can be used for higher education, subject to the lender's eligibility criteria and terms. Since personal loans are usually unsecured and come with minimal documentation, borrowers can use the funds for tuition fees, study materials, living expenses, or other education-related costs without providing collateral.
A Rs. 10 lakh personal loan can be disbursed within 24 hours* in some cases, subject to eligibility, documentation, and lender policies. The exact timeline depends on factors such as the applicant's credit profile, income verification, and the completeness of the application. Digital applications and pre-approved offers may help speed up the process.
The maximum tenure available for a Rs. 10 lakh loan is generally up to 108 months, depending on the lender and the borrower's eligibility. A longer repayment period can reduce the monthly EMI, but it may increase the total interest payable over the loan term. Borrowers should compare tenure options before applying.
