How to Apply for a Personal Loan Online?

  1. Visit the lender’s official website or app.
  2. Fill in your basic details (name, income, employment type).
  3. Upload KYC documents.
  4. Get instant eligibility check and approval.
  5. Loan amount is disbursed directly to your bank account.

💡 Smart Tips to Get Lowest Interest Rate

  • Maintain a high credit score (750+)
  • Compare offers from multiple banks
  • Choose a shorter loan tenure
  • Apply during festive or pre-approved loan offers
  • Avoid multiple loan applications at once

🧮 Example EMI Calculation

Loan AmountTenureInterest RateMonthly EMI
₹1,00,00024 months11%₹4,660
₹5,00,00036 months10.5%₹16,291
₹10,00,00060 months11%₹21,739

(Use an EMI Calculator to plan your repayment smartly.)

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