Home Banking Loan personal loan Rs.2 lakh Personal Loan

Personal Loan of Rs.2 Lakh
Apply now!

Are you in need of immediate financial assistance? Get the financial boost you need by availing a Personal Loan of Rs. 2 Lakhs with minimal documentation. Apply now!


Get Instant


Direct Cash



Interest Rates



Personal Loan of Rs.2 Lakh

Are you in need of immediate financial assistance? Personal Loans are designed to provide you with the funds you require to meet your various personal needs, whether it’s for a medical emergency, home renovation, education expenses, or any other purpose. The interest rates for personal loan of 2 Lakhs start from 10.49% and the tenure goes upto 5 years. Certain banks and NBFCs may offer better deal on tenure and rate of interest. However, the ability to procure a loan at the best interest rates is reliant on your credit score. Most lenders expect a credit score of 750+ in order to approve loan. Other than his repaying ability, his organization category, job profile is also taken into consideration by the lenders.

Features and Benefits of Rs. 2 Lakh Personal Loan

Flexible Repayment Plans: Get loans that fit your lifestyle. Get flexible repayment plans from lenders to make sure you’re in control of your budget

Competitive Interest Rates: We believe in fair deals. Enjoy some of the best interest rates in the market. Get to compare rates from multiple lenders and ensure you get the loan at the most favourable term

No Hidden Charges: Transparency is our policy. We do not lend money out of our packet; we act as a distributor in tie-up with the bank/NBFCs and ensure you get the loan required. We negotiate with lenders to get you the most favourable deal

Quick Disbursal: Once approved, the money will reach your account in the shortest possible time.

Bank Interest rates for Rs.2 Lakh Personal Loan

InstitutionInterest ratesLoan amount
HDFCFrom 10.5%Upto 40 Lakhs
Axis BankFrom 10.49%`Upto 40 Lakhs
ICICI bank10.75%-19%Upto 40 Lakhs
Bank of Baroda10.75% – 18.5%Upto 5 Lakhs
SBIFrom 11%Upto 30 Lakhs
IndusIndFrom 10.49%Upto 50 Lakhs
Yes BankFrom 10.99%Upto 40 Lakhs
Standard CharteredFrom 11.5%Upto 50 lakhs
IDFCFrom 10.49%Upto 50 Lakhs
Kotak MahindraFrom 10.99%Upto 40 Lakhs
PNBFrom 11.40%Upto 20 Lakhs
Bandhan bankFrom 11.55%Upto 25 Lakhs

NBFCs Interest rates for Rs.2 Lakh Personal Loan

Institution Interest rates Loan amount
Tata Capital From 10.99% Upto 35 Lakhs
InCred From 18% Upto 3 Lakhs
Finnable From 16% Upto 10 Lakhs
PaySense From 16.8% Upto  5 Lakhs
Poonawalla From 9.99% Upto 30 Lakhs
Fullerton From 11.99% Upto 25 Lakhs
LendingKart From 12% Upto 3 Lakhs
Axis Finance From 13% Upto 25 Lakhs
L&T Finance From 12% Upto 7 Lakhs
Mahindra Finance From 10.99% Upto 10 Lakhs
Aditya Birla From 11.99% Upto 50 Lakhs
Bajaj Finance From 11% Upto 50 Lakhs

Rs.2 Lakh Personal Loan EMI for up to 5 Years

Loan Amount: Rs.2 Lakh

ROI: 10.5%

TenureEMI amount at Interest rate of 10.5%
1 yearRs.17630
2 yearsRs.9275
3 yearsRs.6500
4 yearsRs.5121
5 yearsRs.4299
6 yearsRs.3756
7 yearsRs.3372

Applying for a Personal Loan of 2 Lakhs @ Fincover

  • A personal loan can be of immense help during sudden financial situations. While there are a number of lenders in the market today, finding the perfect loan that matches your requirements requires some effort and we at Fincover.com have a cutting edge platform that can help get the loan without any hassles.
  • You can apply for a personal loan of 2 lakhs at Fincover, where you can get to compare loan quotes from multiple banks
  • The loan application process is simple and hassle-free. All you need to do is provide a few personal and professional details. Our algorithms will throw the results after matching the quotes that fits your budget
  • Even if banks reject your application for any reason, we can still negotiate with NBFCs to get the perfect loan that you’ve always wanted. We will try our best to get the loan amount you require at a reasonable rate of interest. However, the final decision lies in the hands of the lender
  • Personal loan can be obtained without any collateral as it is a unsecured loan that is given based on your credit strength and repaying ability.

Eligibility Criteria for 2 Lakh Personal Loan

  • The Borrower should be an Indian resident.
  • Age limit must be in the bracket of 21-65 years
  • Salaried/Self-Employed
  • Banks expect a credit score of 750 and above to sanction personal loan of Rs 2 lakhs

Documents Required for 2 Lakh Personal Loan

  • Identity Proof (Aadhaar, Passport, Voter ID)
  • Address Proof (Utility Bill, Passport, Aadhaar)
  • Income Proof (Salary Slips, ITR for self-employed)
  • Bank Statements (Last 3 to 6 months)
  • Passport-sized Photographs

Why Choose Us?

  • Customer-Centric Approach: Your needs come first. We’re here to make your journey smooth and stress-free. Get to compare loan quotes from multiple lenders and select the one that fits your requirement
  • Secure and Confidential: Your data is your business. We ensure your personal and financial information is treated with the utmost confidentiality and security.
  • Personalized Assistance: Need help? Our dedicated team is just a call away. Our team would be supportive to you from application to disbursing
Personal Loans by Bank