Rs.2 Lakh Personal Loan @10.49%* Pre-Approved*
Need ₹2 Lakh personal loan Urgently? Apply at 10.49%* p.a. interest rates. Minimum salary requirement of ₹25K.
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
Comparison of Personal Loan Interest Rates of Banks (2025)
| Bank | Interest Rate | Loan Amount | Processing Fee | Processing Time | Apply |
|---|
| DBS Bank | From 10.99% | Up to ₹15 Lakhs | 1-2% of loan amount | 24-48 hours | Apply |
| HDFC | From 10.85% | Up to ₹40 Lakhs | Up to 2.5% | 24-48 hours | Apply |
| Axis Bank | From 10.49% | Up to ₹40 Lakhs | 1.5% to 2% | 24-72 hours | Apply |
| ICICI Bank | 10.75% – 19% | Up to ₹40 Lakhs | Up to 2.5% | 24-48 hours | Apply |
| Bank of Baroda | 10.75% – 18.5% | Up to ₹5 Lakhs | 1%-2% | 48-72 hours | Apply |
| SBI | From 11% | Up to ₹30 Lakhs | Up to 1.5% | 2-3 working days | Apply |
| IndusInd | From 10.49% | Up to ₹50 Lakhs | Up to 2.5% | 24-48 hours | Apply |
| Yes Bank | From 10.99% | Up to ₹40 Lakhs | Up to 2.5% | 24-48 hours | Apply |
| Standard Chartered | From 11.5% | Up to ₹50 Lakhs | Up to 2.25% | 48-72 hours | Apply |
| IDFC | From 10.49% | Up to ₹50 Lakhs | Up to 3% | 24-48 hours | Apply |
| Kotak Mahindra | From 10.99% | Up to ₹40 Lakhs | 1% to 2.5% | 1-2 days | Apply |
| PNB | From 11.40% | Up to ₹20 Lakhs | Up to 1% | 2-3 days | Apply |
| Bandhan Bank | From 11.55% | Up to ₹25 Lakhs | Up to 2% | 48-72 hours | Apply |
Comparison of Personal Loan Interest Rates of NBFCs (2025)
| NBFC | Interest Rate | Loan Amount | Processing Fee | Processing Time | Apply |
|---|
| Piramal Finance | From 12.99% | Up to ₹35 Lakhs | 2%-3% | 24-72 hours | Apply |
| Shriram Finance | From 14% | Up to ₹35 Lakhs | Up to 3% | 2-3 days | Apply |
| Tata Capital | From 10.99% | Up to ₹35 Lakhs | Up to 2.5% | 24-48 hours | Apply |
| InCred | From 18% | Up to ₹3 Lakhs | 2% to 4% | Instant to 24 hrs | Apply |
| Finnable | From 16% | Up to ₹10 Lakhs | Up to 3% | 24-48 hours | Apply |
| PaySense | From 16.8% | Up to ₹5 Lakhs | Up to 2.5% | 24-48 hours | Apply |
| Poonawalla | From 9.99% | Up to ₹30 Lakhs | 1% to 2% | 24-72 hours | Apply |
| Fullerton | From 11.99% | Up to ₹25 Lakhs | Up to 3% | 1-2 working days | Apply |
| LendingKart | From 12% | Up to ₹3 Lakhs | 2% to 3% | 24-48 hours | Apply |
| Axis Finance | From 13% | Up to ₹25 Lakhs | Up to 2.5% | 1-2 days | Apply |
| Mahindra Finance | From 10.99% | Up to ₹10 Lakhs | Up to 3% | 2-3 days | Apply |
| Aditya Birla | From 11.99% | Up to ₹50 Lakhs | Up to 2.5% | 48-72 hours | Apply |
| Bajaj Finance | From 11% | Up to ₹50 Lakhs | Up to 4% | 24-72 hours | Apply |
₹2 Lakh Personal Loan EMI for up to 1–7 Years
Loan Amount: ₹2,00,000
Rate of Interest (ROI): 10.5% per annum
| Tenure | EMI Amount @ 10.5% Interest |
|---|
| 1 year | ₹17,630 |
| 2 years | ₹9,275 |
| 3 years | ₹6,500 |
| 4 years | ₹5,121 |
| 5 years | ₹4,299 |
| 6 years | ₹3,756 |
| 7 years | ₹3,372 |
Application Process 2 Lakh Personal Loan @ Fincover
- Visit the Fincover Website: Go to the official Fincover website
- Select ‘Personal Loan’: Navigate to the ‘Loans’ section and choose ‘Personal Loan’ from the available options.
- Fill Out the Application Form: Enter your personal and financial details, such as your income, employment status, and the loan amount you wish to apply for.
- Upload Necessary Documents: Provide the required documents like ID proof, address proof, income proof, and bank statements. Fincover typically allows you to upload these online, so no physical paperwork is needed.
- Review and Submit: Double-check all the details you have entered, then submit your application.
- Wait for Approval: Fincover will review your application. If approved, you’ll receive a confirmation.
- Loan Disbursement: Once approved, the loan amount will be transferred directly to your bank account, often instantly.
For any assistance, you can contact Fincover’s customer support.
Eligibility Criteria for ₹2 Lakh Personal Loan
| Eligibility Criteria | Details |
|---|
| Minimum Age | 21 years |
| Maximum Age | 60 years (at the time of loan maturity) |
| Minimum Monthly Salary | ₹25,000 |
| Employment Type | Salaried* |
| Minimum Work Experience | 1 year for salaried |
| Credit Score | 650 or above |
| Resident Status | Indian citizen |
| Required Documents | ID proof, Address proof, Income proof, Bank statements |
Documents Required for ₹2 Lakh Personal Loan
| Document Type | Details |
|---|
| Identity Proof | Aadhaar Card, PAN Card, Passport, or Voter ID |
| Address Proof | Aadhaar Card, Utility Bill, Rent Agreement, or Passport |
| Income Proof | Latest 3 months’ salary slips |
| Bank Statements | Last 6 months’ bank statements |
| Employment Proof | Employment ID card or Offer Letter |
| Photographs | Recent 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
Apply 2 Lakh Personal Loan
