How to get 2 lakh rupees instantly?

If you want Rs. 2 lakh rupees loan urgently, applying for a personal loan with quick approval from trusted lenders is the fastest way to get instant funds when you need them the most. Check your loan offer in just 2 steps and apply online to get the funds you need.

Can I get an Rs. 2 lakh personal loan on an Aadhar card?

Yes, you can apply for a Rs. 2 lakh loan on Aadhaar card as it is one of the essential documents required by Bajaj Finserv for a personal loan. Along with your Aadhaar card, you will need to provide document such as: KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card PAN card Employee ID card Salary slips of the last 3 months Bank account statements of the previous 3 months Piped gas bill Pension order Letter of Allotment of Accommodation Issued by Employer Property / Municipal tax receipt Utility bill Real-time image / photograph Ration card

What is the EMI for a Rs. 2 lakh personal loan for a tenure of 5 years?

The Rs. 2 lakh personal loan EMI varies with the interest rate and tenure. For a Rs. 2 lakh personal loan EMI for 5 years at an interest rate of 10%, the monthly EMI is approximately Rs. 4,247.

Can I get a Rs. 2 lakh loan without income proof?

No, lenders typically require income proof when you apply for a personal loan. For a Rs. 2 lakh loan without income proof, approval is unlikely. You will require documents such as: KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card PAN card Employee ID card Salary slips of the last 3 months Bank account statements of the previous 3 months Piped gas bill Pension order Letter of Allotment of Accommodation Issued by Employer Property / Municipal tax receipt Utility bill Real-time image / photograph Ration card

What is the monthly interest on a loan of Rs. 2 lakh?

Personal loan interest rates may vary based on the lender's eligibility requirements. However, you can use our EMI calculator to figure out the exact amount of interest you are liable to pay. Input a few key details about the credit borrowed to get in-depth information on monthly payments, total interest payments, and more.

How to get a Rs. 2 lakh in one day?

To get a Rs. 2 lakh loan in one day, apply online through a trusted financial platform that offers instant personal loans. Keep your documents ready—such as PAN, Aadhaar, bank statements, proof of income, and more. A strong credit score can help speed up the approval and disbursal process, often within a few hours.

What is the processing time for a Rs. 2 lakh personal loan?

You can get approval for a Rs. 2 lakh personal loan within minutes, and the amount is usually disbursed within 24 hours*.

Can I prepay my Rs. 2 lakh personal loan without any charges?

You can prepay your Rs. 2 lakh personal loan, but it may be subject to foreclosure or part-prepayment charges as per the policies.

Can I get a Rs. 2 lakh loan without a salary slip?

You can apply for a Rs. 2 lakh personal loan without salary slip by providing alternative documents, depending on lender policies. Lenders often accept bank statements, Income Tax Returns (ITR), proof of other income sources, or a guarantor’s support to evaluate your loan eligibility.

Can I get a Rs. 2 lakh loan without submitting any documents?

Getting a Rs. 2 lakh loan without documents is rare, but some lenders offer minimal paperwork loans with digital verification for faster approval.

Can I get a personal loan of Rs. 2 lakh without any collateral?

Yes, you can easily get a Rs. 2 lakh personal loan without pledging any collateral, as it is an unsecured loan based on your eligibility. Check your eligibility for personal loan using just mobile number and OTP – 100% online process.

Rs. 2 Lakh Personal Loan with Easy EMI Starting at 10% p.a.*

Rs. 40000 - Rs. 55 lakh

Calculate your EMIs

You may be eligible for a pre-approved offer

Check now

Enter mobile and OTP | Check offer | Apply online

Get a personal loan of Rs. 2 lakh instantly

Get a personal loan of Rs. 2 lakh instantly to meet your urgent financial needs. Whether it's for emergencies, home improvements, or personal expenses, a personal loan Rs. 2 lakh offers quick approval, minimal documentation, and flexible repayment plans.

You can also check if you already have a pre-approved loan offer, without even visiting a branch.

✅ Check your pre-approved loan offer with phone number and OTP → Apply online in 5 minutes → Receive funds within 24 hours*.

Rs. 2 lakh personal loan

A loan up to Rs. 2 lakh is a convenient way to manage urgent expenses such as medical bills, home repairs, or other personal needs. With minimal paperwork and quick approval, a Rs. 2 lakh loan ensures fast access to funds when you need them most.

Enjoy flexible repayment terms and competitive interest rates designed to suit your financial goals. You can easily apply for a personal loan online and experience a hassle-free borrowing process from start to finish.

Show Less

Features and benefits of Rs. 2 lakh personal loan

High loan amount

Manage both small and large expenses with quick personal loans ranging from Rs. 40000 to Rs. 55 lakh—perfect for business investments, property purchases, or major life events.
Flexi loans

Make multiple withdrawals from a dropline limit and pay interest only on the withdrawn funds, with our Flexi loans.
Pre-approved offers

You can check if you have a pre-approved offer for a personal loan with just your phone number and OTP – no need to visit the branch.
Convenient repayment tenures

Manage your loan easily with flexible repayment options ranging from 12 months to 96 months, allowing you to choose EMIs that fit your income cycle and budget.
Approval in just 5 minutes*

Complete your entire personal loan application online from the comfort of your home or office and get an instant personal loan with lightning-fast approval.
Money in account within 24 hours*

Your bank account will be credited with your loan amount within 24 hours* of approval, or in some cases, on the same day—ideal for urgent business or personal needs.
Complete transparency - no hidden charges

Our fees and charges are mentioned clearly on this page and in all loan documents. We maintain complete transparency, allowing you to make informed financial decisions.
No guarantor or collateral needed

You don't need to provide any collateral such as gold ornaments, property papers, or have someone stand as a guarantor—completely unsecured financing.

*Terms and conditions apply.

These features make this one of the best personal loans in India.

Show Less

How to apply for personal loan

Step-by-step guide to apply for a personal loan
1. Click on ‘CHECK ELIGIBILITY’ on this page.
2. Enter your 10-digit mobile number and the OTP sent to your phone.
3. Check if you have an offer. If not, fill in the application form with your basic loan details, such as your full name, PAN, date of birth, and PIN code.
4. Now, click on ‘PROCEED’ to visit the loan selection page.
5. Enter the offer or loan amount that you need. Choose from our personal loan variants.
6. Choose the repayment tenure and click on ‘PROCEED’.
7. Complete your KYC and submit your application.
Our representative will contact you for further steps.

Check your eligibility for personal loan using just mobile number and OTP – 100% online process.

Show Less

Personal loan interest rates for Rs. 2 lakh

The interest rate for a Rs. 2 lakh personal loan depends on factors like the lender’s policy, your credit score, and repayment capacity. Maintaining a strong credit history can help you secure better terms and reduce overall borrowing costs.

If you're planning to apply, it’s important to check the applicable charges. This ensures you choose an affordable loan option that fits your needs. For more details, refer to the updated personal loan interest rates before applying.

Show Less

Uses of Rs. 2 lakh personal loan

A Rs. 2 lakh rupees personal loan provides the flexibility to cover both urgent and planned expenses effortlessly. Whether you need funds for a dream vacation or a medical emergency, a Rs. 2 lakh personal loan offers fast and reliable financial assistance when you need it most.

Travel expenses

Use a personal loan for travel to cover flight tickets, hotel stays, and other travel-related costs. A Rs. 2 Lakh Loan helps you enjoy your vacation without impacting your savings.

Marriage expenses

Fund your wedding expenses effortlessly with a personal loan for wedding. From venue bookings to jewellery shopping, a Rs. 2 lakh instant loan can make your big day stress-free.

Education expenses

Manage tuition fees, books, and living expenses with a personal loan for higher education. A Rs. 2 lakh instant loan ensures your academic dreams are never held back due to financial constraints.

Home renovation

Upgrade your home easily using a personal loan for home expenses. Renovations, repairs, or buying new furniture can all be covered without straining your finances.

Medical emergency

Handle unexpected healthcare costs smoothly with a personal loan for medical emergency. Quick access to a Rs. 2 Lakh Loan lets you prioritise treatment without financial worries.

Show Less

Rs. 2 lakh personal loan EMI for 5 years

When you opt for a Rs. 2 lakh personal loan with a 5-year tenure, your monthly EMI will vary based on the interest rate and loan terms. Below is the breakdown of your EMI for a Rs. 2 lakh personal loan over 5 years, starting from an interest rate of 10%:

Loan amount	Interest rate	Tenure	EMI	Total payment
Rs. 2,00,000	10% p.a.	5 years	Rs. 4,249	Rs. 2,54,940
Rs. 2,00,000	11% p.a.	5 years	Rs. 4,316	Rs. 2,59,000
Rs. 2,00,000	12% p.a.	5 years	Rs. 4,440	Rs. 2,66,400

The EMI amounts may vary depending on your chosen interest rate and loan terms. You can use this breakdown as a reference to estimate your monthly repayments for a Rs. 2 lakh personal loan.

Show Less

Personal loan of different amounts

Check out personal loans of different amounts to see which suits your needs and repayment budget.

Rs. 1 Lakh Personal Loan	Rs. 3 Lakh Personal Loan	Rs. 5 Lakh Personal Loan
Rs. 6 Lakh Personal Loan	Rs. 7 Lakh Personal Loan	Rs. 8 Lakh Personal Loan
Rs. 9 Lakh Personal Loan	Rs. 10 Lakh Personal Loan	Rs. 12 Lakh Personal Loan
Rs. 15 Lakh Personal Loan	Rs. 20 Lakh Personal Loan	Rs. 25 Lakh Personal Loan
Rs. 30 Lakh Personal Loan	Rs. 35 Lakh Personal Loan	Rs. 40 Lakh Personal Loan

Show Less

Type of fee	Applicable charges
Rate of interest per annum	10% to 31% p.a.
Processing fees	Up to 3.93% of the loan amount (inclusive of applicable taxes).
Flexi Facility Charge	Term Loan – Not applicable Flexi Loans – Up to Rs 1,999 to Rs 12,999/- (Inclusive of applicable taxes) Will be deducted upfront from loan amount.
Bounce charges	Rs. 700 to Rs. 1,200/- per bounce “Bounce charges” shall mean charges for (i) Dishonor of any payment instrument; or (ii) Non-payment of instalment (s) on their respective due dates due to dishonor of payment mandate or non-registration of the payment mandate or any other reason.
Part-prepayment charges	Full Pre-payment: • Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment. • Flexi Term (Dropline) Loan: Up to 4.72% (Inclusive of applicable taxes) of the Dropline limit as per the repayment schedule as on the date of full prepayment. • Flexi Hybrid Term Loan: Up to 4.72% (Inclusive of applicable taxes) of the Dropline limit as per the repayment schedule as on the date of full prepayment. Part-prepayment • Up to 4.72% (Inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-Payment. • Not Applicable for Flexi Term (Dropline) Loan and Flexi Hybrid Term Loan.
Penal charge	Delay in payment of instalment(s) shall attract Penal Charge at the rate of up to 36% per annum per instalment from the respective due date until the date of receipt of the full instalment(s) amount.
Stamp duty (as per respective state)	Payable as per state laws and deducted upfront from loan amount.
Annual maintenance charges	Term Loan: Not applicable Flexi Term (Dropline) Loan: Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit (as per the repayment schedule) on the date of levy of such charges. Flexi Hybrid Term Loan: Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit during Initial Tenure. Up to 0.295% (Inclusive of applicable taxes) of Dropline limit during Subsequent Tenure

Flat vs Reducing Interest Rate

Nov 18, 2025

how-outstanding-debt-affects-your-credit-score 2

How is Your CIBIL Score Calculated?

May 25, 2021

E-Aadhaar card: Everything you need to know

May 25, 2021

why-should-you-use-a-bajaj-finserv-personal-loan-to-finance-your-next-vacation 4

Use the Bajaj Finserv Personal Loan to finance your next vacation

May 25, 2021

Disclaimer

Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.

Personal Loan of Rs. 2 lakh

Loan Types

Calculator

FAQs