APPLY FOR A PERSONAL LOAN
Quick approval, competitive rates, and flexible repayment options to help you achieve your financial goals.
Top NBFCs For Home Loan
CASHe Personal Loan
Interest Rate
27%
Loan Amount
₹1K - ₹4L
EMI Per Lakh
₹3054 - ₹3054
Processing Fees
We offer a 2.50% interest rate per month (Equivalent to reducing the balance interest rate to 3.71% per EMI) on the loan amount.
Pre Payment Charges
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Prefr Personal Loan
Interest Rate
15% - 36%
Loan Amount
₹50K - ₹5L
EMI Per Lakh
₹2379 - ₹3613
Processing Fees
3-5% with Minimum Proc. Fee of INR 1500 + GST
Pre Payment Charges
5% of Principal outstanding
Tata Capital Financial Services Ltd Personal Loan
Interest Rate
10.99% - 19%
Loan Amount
₹75K - ₹35L
EMI Per Lakh
₹2174 - ₹2594
Processing Fees
Up to 3.00%
Pre Payment Charges
- Part-prepayments can be made only after 6 months. They are allowed only once a year with a minimum gap of 6 months between two part-prepayments. Amount prepaid cannot exceed 25% of the principal outstanding and a charge of 2.5% (plus applicable taxes) will be applied amounts above 25% of the principal outstanding.
- Foreclosure is allowed only after 6 months. A foreclosure charge of 3.5% + GST is applicable on the principal outstanding after 6 months. In case of foreclosure within 6 months after a part-prepayment, a foreclosure charge of 3.5% (plus applicable taxes) will be levied on the principal outstanding plus part-prepayment amount.
- For loans above ₹ 7 lakhs, a 12-month clean payment track is a must for loan foreclosure and a charge of 3.5% + GST applies unless loan is closed with own funds.
- For overdraft cases, loan foreclosure is allowed only after 6 months and a charge of 4.5% + GST is applicable on the dropped-down limit amount.
Ujjivan Small Finance Bank Personal Loan
Interest Rate
24.25% - 25.5%
Loan Amount
₹1L - ₹30L
EMI Per Lakh
₹2891 - ₹2965
Processing Fees
Up to 2% of loan Amount
Pre Payment Charges
- Before completion of 12 EMIs: 2% of outstanding principal
- After completion of 12 EMIs: 1% of outstanding principal
Edelweiss Personal Loan
Interest Rate
18% - 25%
Loan Amount
₹2L - ₹20L
EMI Per Lakh
₹2539 - ₹2935
Processing Fees
--
Pre Payment Charges
--
Paysence Service Pvt Ltd Personal Loan
Interest Rate
16% - 36%
Loan Amount
₹5K - ₹5L
EMI Per Lakh
₹2432 - ₹3613
Processing Fees
--
Pre Payment Charges
- Late payment charges - Rs 500 + G.S.T
- Foreclosure charges - 4% charge on principal outstanding at the time of foreclosure.
MoneyWide Personal Loan
Interest Rate
16% - 32%
Loan Amount
₹20K - ₹3L
EMI Per Lakh
₹2432 - ₹3359
Processing Fees
Up to 4% of loan amount
Pre Payment Charges
- Up to 4% of the prepaid amount after 1st EMI
- Up to 4% of the outstanding amount after 1st EMI
Part payment charges
Foreclosure charges
Clix Capital Personal Loan
Interest Rate
14.99% - 24.99%
Loan Amount
₹1L - ₹10L
EMI Per Lakh
₹2378 - ₹2935
Processing Fees
Up to 10% of loan sanctioned
Pre Payment Charges
5% of Principal foreclosed (post 6-month lock-in)
Muthoot Finance Ltd Personal Loan
Interest Rate
14% - 22%
Loan Amount
₹50K - ₹10L
EMI Per Lakh
₹2327 - ₹2762
Processing Fees
Up to 2% of the loan amount
Pre Payment Charges
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InCred Financial Services Personal Loan
Interest Rate
13.99% - 42%
Loan Amount
₹50K - ₹7.5L
EMI Per Lakh
₹2326 - ₹4009
Processing Fees
2.00% - 5.00%
Pre Payment Charges
Applicable as per the loan agreement
Indiabulls Personal Loan
Interest Rate
13.99%
Loan Amount
₹1K - ₹15L
EMI Per Lakh
₹2326 - ₹2326
Processing Fees
3% onwards
Pre Payment Charges
>6 months: 5%
IIFL Finance Limited Personal Loan
Interest Rate
12.75% - 44%
Loan Amount
₹5K - ₹5L
EMI Per Lakh
₹2263 - ₹4144
Processing Fees
From 2% - 9% + GST*
Pre Payment Charges
Nill
FT Cash Personal Loan
Interest Rate
12.15%
Loan Amount
₹1L - ₹5L
EMI Per Lakh
₹2232 - ₹2232
Processing Fees
--
Pre Payment Charges
--
Shriram City Union Finance Personal Loan
Interest Rate
12% - 42%
Loan Amount
Up to ₹3L
EMI Per Lakh
₹2224 - ₹4009
Processing Fees
Upto 5% of the sanctioned loan amount
Pre Payment Charges
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Fullerton India Personal Loan
Interest Rate
11.99% - 25%
Loan Amount
₹50K - ₹25L
EMI Per Lakh
₹2224 - ₹2935
Processing Fees
Processing Fee:6.00%
Pre Payment Charges
Pre-closure fee - 3% - 7% of principal outstanding (plus applicable tax)
L&T Financial Services Personal Loan
Interest Rate
11.5% - 20%
Loan Amount
₹50K - ₹7L
EMI Per Lakh
₹2199 - ₹2649
Processing Fees
<ul><li>Consumer Loan: Up to 2% of principal outstanding plus applicable taxes</li><li>Micro Loan: 1% of loan amount plus applicable taxes</li></ul>
Pre Payment Charges
- Consumer Loan: Up to 5% of prepaid amount plus applicable taxes (Part prepayment of up to 25% allowed twice per year)
- Consumer Loan: 5% of outstanding principal amount plus applicable taxes
- Micro Loan: Nil
Part Prepayment Charges
Foreclosure Charges
Bajaj Finserv Personal Loan
Interest Rate
11% - 38%
Loan Amount
₹20K - ₹40L
EMI Per Lakh
₹2174 - ₹3743
Processing Fees
Up to 3.93% of loan amount
Pre Payment Charges
- Full Prepayment
- Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full prepayment.
- Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment.
- Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as of the date of full prepayment.
- Part-prepayment
- Term Loan: Up to 4.72% (inclusive of applicable taxes) of the principal amount of the loan prepaid on the date of such part-prepayment.
- Not Applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid.
- Foreclosure will be processed post clearance of first EMI
Loantap Credit Products Private Limited Personal Loan
Interest Rate
11% - 24%
Loan Amount
₹50K - ₹10L
EMI Per Lakh
₹2174 - ₹2877
Processing Fees
Processing: Online TAT: 1 Day to 4 Days
Pre Payment Charges
NIL After 6 Month
AU Small Finance Bank Personal Loan
Interest Rate
11% - 30%
Loan Amount
Up to ₹10L
EMI Per Lakh
₹2174 - ₹3235
Processing Fees
Up to 5% of the loan amount
Pre Payment Charges
Foreclosure charges
- 5% of the outstanding loan (if paid before 12 months)
- 3% of the outstanding loan (if paid after 12 months ) /ul>
- Not allowed
Part foreclosure
Tata Sons Limited Personal Loan
Interest Rate
10.99%
Loan Amount
Up to ₹35L
EMI Per Lakh
₹2174 - ₹2174
Processing Fees
Up to 2.75%of the loan amount
Pre Payment Charges
2% for payment of more than 25% of the outstanding principal balance.
Capital First Ltd. Personal Loan
Interest Rate
10.49%
Loan Amount
₹1L - ₹40L
EMI Per Lakh
₹2149 - ₹2149
Processing Fees
Up to 2.49% of the loan amount
Pre Payment Charges
Charges on pre-closure-Pre-closure permitted after 6 months. 5% of principal outstanding (plus applicable tax)
Aditya Birla Finance Limited Personal Loan
Interest Rate
10% - 30%
Loan Amount
₹1L - ₹30L
EMI Per Lakh
₹2125 - ₹3235
Processing Fees
Up to 3% of the loan amount
Pre Payment Charges
- Pre-closure Charges - Rs 1,000 + GST
- If part pre-payment is equal to 20% of the total amount disbursed- NIL
- If part pre-payment is greater than 20% of the total amount disbursed- 3% + GST
- No prepayment allowed in the first 12 months from the date of disbursement
- Part prepayment amount should be greater than or equal to total 3 EMIs
- No charges for payment through mobile apps/portal
- Part prepayment of loan facility towards limit reduction is not available
- For Term Loan: 4% of the principal outstanding + GST
- For Flexi Personal Loan: 4% of the withdrawn amount + GST
- Foreclosure is allowed only 12 months after the loan disbursal Also know the processing fee for personal loan
For Flexi Personal Loan:
Foreclosure Charges
Poonawalla Fincorp Limited Personal Loan
Interest Rate
9.99%
Loan Amount
₹1L - ₹30L
EMI Per Lakh
₹2124 - ₹2124
Processing Fees
one-time nominal processing fee up to 3% plus applicable taxes.
Pre Payment Charges
Pre-paying a Business Loan is a smart way to save on payment of additional interest, thereby keeping the overall costs low. With Poonawalla Fincorp’s Business Loan, you can prepay at your convenience and are not required to pay any fee for the same. This is because we levy zero prepayment charges on our Business Loan if paid from own sources. This helps you maximize your savings and focus on your business.
Privo Personal Loan
Interest Rate
9.99% - 39.99%
Loan Amount
₹2L
EMI Per Lakh
₹2124 - ₹3875
Processing Fees
Up to 5%
Pre Payment Charges
- No pre-closure charges or hidden costs are involved.
Hero FinCorp Personal Loan
Interest Rate
Up to 25%
Loan Amount
₹50K - ₹5L
EMI Per Lakh
₹2935 - ₹2935
Processing Fees
2.5% of the loan amount + applicable taxes
Pre Payment Charges
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Personal Loan Overview
Personal loans are versatile financial solutions designed to meet a variety of personal and professional needs. Whether you're planning a wedding, consolidating debt, financing a home renovation, or managing unexpected expenses, personal loans offer quick access to funds without requiring collateral. At Pluto Money, we bring you multiple personal loan options to help you find the best fit for your financial needs. Our platform simplifies the process of exploring, and applying for loans with trusted lenders, ensuring a seamless and transparent experience.
Personal Loan Calculator
Your EMI Amount
Total Payment
₹ 0
Interest Payable
₹ 0
Loan Categories
Wedding Loan
Make your dream wedding a reality with our special wedding loan packages.
Home Renovation
Transform your living space with our home renovation loan options.
Medical Emergency
Get immediate financial assistance for medical emergencies.
Education Loan
Invest in your future with our education loan solutions.
Debt Consolidation
Simplify your finances by consolidating multiple debts.
Travel Loan
Plan your dream vacation with our travel loan options.
Features and benefits of Instant Personal Loan
Pre-assigned limits
No need to complete the entire application process to know how much loan you will get.
Check offer
You can check your Insta Personal Loan offer by entering your mobile number and OTP.
Immediate processing
Our Insta Loans work like a green channel with no documentation required* and money in your account in just 30 minutes*.
Flexible loan tenures
Manage your loan repayment with options ranging from 12 months to 87 months.
No hidden charges
You can read our Insta Personal Loan fees and charges on this page and on our loan documents. There are no hidden charges.
Eligibility criteria and documents required
If you are an existing customer
- Since you are an existing customer with a pre-approved offer, there are no additional eligibility criteria that apply to you.
- Some of our existing customers may be asked to submit additional documents, such as your income proof, KYC documents, and bank statement to apply for instant personal loan.
Documents required
- 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
Age: 21 years to 80 years*
*Higher age limit applicable at the time of loan maturity.
How to Apply
Fill Application
Complete the online application form with your personal and professional details
Upload Documents
Submit the required KYC and income documents online
Get Approval
Receive instant approval and loan disbursement
Fees and charges on Insta Personal Loan
Rate of Interest: The annual percentage of the loan amount charged by the lender for borrowing. Typical Range: 10% to 24% per annum. Disclaimer: The exact rate depends on the borrower’s credit score, income, loan tenure, and lender policies.
Processing Fees: A non-refundable fee charged by lenders to process the loan application. Typical Amount: 1% to 3% of the loan amount (plus applicable taxes). Disclaimer: This fee varies between lenders and loan products.
Documentation Charges: Fees for verifying and handling documents required for the loan. Typical Amount: ₹500 to ₹2,000. Disclaimer: Some lenders may waive this fee for eligible borrowers.
Bounce Charges: Penalty charged for dishonored EMI payments due to insufficient funds. Typical Amount: ₹300 to ₹1,000 per bounce. Disclaimer: Amounts depend on the lender’s policies.
Penal Charges: Additional penalty for delayed EMI payments. Typical Amount: 2% to 4% of the overdue amount per month. Disclaimer: The rate and conditions may vary based on the lender.
| Type of fee | Applicable charges |
|---|---|
| Rate of interest | 16% to 32% p.a. |
| Processing fees | Up to 3.93% of the loan amount (inclusive of applicable taxes) |
| Documentation charges | Not applicable |
| Bounce charges | Rs. 700/- per bounce |
| Penal charge | Rs. 8 per day per instalment |
Frequently Asked Questions
What is the maximum loan amount I can get?
The maximum loan amount depends on your income, credit score, and other eligibility factors. You can check your pre-approved offer by entering your mobile number.
What is the processing time for loan disbursement?
For pre-approved customers, loans can be disbursed within 30 minutes* after document verification. For new customers, it may take up to 24 hours.
Can I prepay my loan?
Yes, you can prepay your loan after paying the first EMI. Prepayment charges may apply as per the terms and conditions.
What is the minimum credit score required?
While we don't have a strict minimum credit score requirement, a score above 750 increases your chances of approval with better interest rates.
Can I change my EMI date?
Yes, you can request to change your EMI date once during the loan tenure through our customer portal or by contacting customer service.