10 Lakh Personal Loan
Making Young India Financially Able
Need funds urgently? Finnable offers instant personal loans of up to ₹10 lakhs with minimal documentation and a quick online process. Whether it’s a medical emergency, home repair, or personal project, get fast approvals and hassle-free disbursal. Apply now and access funds when you need them most!
Paperless
Loan in 60 Minutes
No collateral
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.
Documents Required for the Loan
- PAN Card
- Identity proof
- Address proof
- Signature Proof (PAN card, Passport, etc.)
- Salary slip for the last month
Interest Rates & Charges
Here's a breakdown of the costs to help you understand the applicable interest rates and charges:
- Interest Rate: Starts from 16% to 35.99% per annum (varies based on credit score)
- Processing Fee: 4% to 5% +GST
- Loan Tenure: 6 months to 60 months
Why Choose Finnable for Personal Loan?
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Instant Loan Disbursement: Get your ₹10 lakh loan in just 24 hours
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Affordable Interest Rates: We offer competitive rates tailored to your needs
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Minimal Documentation: Apply with ease, without the need for extensive paperwork
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Flexible Repayment Plans: Select a repayment schedule that works best for your budget
Who Can Apply for a ₹10 Lakh Personal Loan?
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Indian citizens between 21 and 55 years of age
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Full-time employees in government or private companies with a minimum of 6 months of experience
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Monthly income of at least ₹15,000, credited directly to the bank account
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 ₹10 Lakh Personal Loan
Here’s the EMI breakdown for a ₹10,00,000 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 |
₹90,717 |
₹88,600 |
₹10,88,600 |
|
24 months |
₹48,962 |
₹1,78,426 |
₹11,78,426 |
|
36 months |
₹35,158 |
₹2,65,760 |
₹12,65,760 |
|
48 months |
₹28,328 |
₹3,63,015 |
₹13,63,015 |
|
60 months |
₹24,342 |
₹4,57,195 |
₹14,57,195 |
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 ₹10 Lakh Personal Loan
A ₹10 lakh personal loan can be used for various purposes such as:
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Wedding Expenses: Fund your dream wedding without worry
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Education: Pay for tuition fees or study abroad expenses
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Home Renovation: Improve or renovate your home
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Medical Emergencies: Cover medical bills during urgent health crises
Apply Now and Get ₹10 Lakh in Your Account Today
With Finnable, securing a ₹10 lakh personal loan is just a few clicks away. There’s no need for lengthy paperwork, endless waiting, or multiple visits to the bank.
Ready to Get Started?
Click on Apply Now to begin your application today.
