Get 1 Lakh Personal Loan | Apply Now at Finnable

Making Young India Financially Able

Need a ₹1 Lakh Personal Loan? Finnable offers quick approval, minimal paperwork, and instant disbursal perfect for medical emergencies, home repairs, or personal needs. Apply now for hassle-free funds when you need them most.

Paperless

15 minute disbursal

No collateral

Check Eligibility

Personal Loan Amount Limit

Monthly Salary

₹

₹10,000₹5,00,000

Credit Score

600900

Current Monthly EMI (if any)

₹

₹0₹50,000

I don't have any credit score.

You are eligible for Loan Amount

₹2,25,000

Key Features & Benefits

Low EMI’s

Enjoy lower EMIs with interest charged on the reducing balance method. As opposed to a Flat rate of interest, reducing balance ensures the EMI amount remains low.

Quick Disbursal

Enjoy the convenience of fast processing and quick approval, with funds directly credited to your bank account.

Flexible Loan Amount and Tenure

Choose a loan amount and repayment tenure that best fit your needs and financial capabilities.

Personal Loan Assistant

Please write to your loan assistant at makeiteasy@finnable.com for any support. We aim to provide you with a seamless and hassle-free experience.

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Documents Required for the Loan

Identity Proof

To verify your identity, you can submit any one of the following documents: Aadhaar Card, Passport, Voter ID Card, Driving License, or PAN Card.

Address Proof

For address verification, Finnable accepts documents such as the Aadhaar Card, Passport, Voter ID Card, recent utility bills including electricity, water, or gas bills, and a bank account statement.

Income Proof

If you are a salaried individual, you will need to provide salary slips for the last three to six months. Self-employed applicants are required to submit bank statements from the past six months along with Income Tax Returns for the last two to three years.

Employment Proof

Salaried professionals must include an employment certificate or an offer letter from their current organization. Self-employed individuals need to present proof of business continuity.

Other

You will also need to provide a passport-size photograph. Depending on your specific loan application and profile, Finnable may request additional supporting documents.

Interest Rates & Charges

Finnable offers competitive interest rates for personal loans:

Interest Rate Range: 16% to 35.99% per annum
Loan Tenure: 6 months to 60 months
Processing Fee: 4% to 5% +GST

Factors influencing your interest rate include credit score, income, loan tenure, type of interest rate and debt-to-income ratio.

Why Choose Finnable for a Personal Loan?

Instant approval and fast disbursal within 24 hours
No need for collateral or guarantors
Simple mobile application process
Transparent terms with minimal documentation

Who Can Apply for a ₹1 Lakh Personal Loan?

To be eligible, you must:

Be aged between 21– 55 years
Have a full-time job in the government or private sector
Be employed at your current organization for at least 3 months with total experience of 6+ months
Receive your salary in a bank account (cash salaries not eligible)
Have a minimum monthly salary of ₹15,000

Secure & Confidential Process

Your privacy and security are of utmost importance to us. Finnable employs 256-bit SSL encryption to ensure that all your personal and financial information remains protected throughout the loan application and disbursal process.

Why Finnable Stands Out?

Trusted by thousands of satisfied customers across India
Transparent pricing with no hidden fees
Quick and hassle-free application process
24/7 customer support for all your queries
User-friendly online portal for loan tracking and EMI payments

How to Apply for a Loan with Finnable?

Getting a personal loan through Finnable is straightforward and efficient. Here’s how it works:

Setup Profile

Sign up with your name, email, and mobile number. Verify your mobile number with an OTP and fill in your address and job details.

Choose Your Loan

Pick the loan amount you need, select the product, and choose a repayment period that suits you.

Upload Documents

Upload your ID proof, income proof, and address proof. Make sure the documents are clear, then submit them for verification.

EMI Options for ₹1 Lakh Personal Loan

Here’s the EMI breakdown for a ₹1,00,000 personal loan at 16% annual interest rate, using standard EMI calculations (monthly compounding):

Loan Tenure	EMI Amount	Total Interest Paid	Total Repayment (Principal + Interest)
12 months	₹9,072	₹8,860	₹1,08,860
24 months	₹4,896	₹17,843	₹1,17,843
36 months	₹3,516	₹26,576	₹1,26,576
48 months	₹2,833	₹36,301	₹1,36,301
60 months	₹2,434	₹45,720	₹1,45,720

Factors Affecting Your EMI:

Interest Rate – Higher interest rates increase your EMI.
Loan Tenure – A longer tenure reduces your EMI but increases total interest.

Common Uses of a ₹1 Lakh Personal Loan

A ₹1 Lakh personal loan from Finnable can be used for:

Shopping expenses
Wedding or marriage-related costs
Education or tuition fees
Medical emergencies
Travel or holiday planning
Any personal financial requirement

Apply Now and Get ₹1 Lakh in Your Account Today

With Finnable, securing a ₹1 lakh personal loan is just a few clicks away. There’s no need for lengthy paperwork, endless waiting, or multiple visits to the bank.