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Last updated on: July 10, 2025

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₹ 6 Lakh personal loan @10.49% p.a

  • EMI for 1-7 years Tenure*
  • Multiple Banks & NBFCs*
  • ₹25K+ salary Required*
  • 700+ Cibil Score Required*

Rs.6 Lakh Personal Loan

A ₹6 lakh personal loan is an ideal solution to meet your financial needs, whether for medical emergencies, home renovation, education, or weddings. With competitive interest rates and flexible repayment options, this loan offers a convenient way to manage significant expenses.

Bank Interest rates for 6 Lakh Personal Loan

Comparison of Personal Loan Interest Rates of Banks (2025)

BankInterest RateLoan AmountProcessing FeeProcessing TimeApply
DBS Bank10.99% – 30.00%₹25,000 to ₹15 Lakhs1%–3% + GST24–48 hrsApply
HDFC Bank10.90% – 24.00%₹50,000 to ₹40 LakhsUp to ₹6,500 + GST (~1–3%)24–48 hrsApply
Axis BankFrom ~11.25%₹50,000 to ₹15 Lakhs1.5%–2% + GST24–72 hrsApply
ICICI Bank10.80% – 16.65%Up to ₹50 Lakhs0.5%–2% + GST24–48 hrsApply
Bank of Baroda10.49% – 18.75%₹30,000 to ₹20 LakhsUp to 2% + GST48–72 hrsApply
SBI10.30% – 15.30%₹10,000 to ₹35 LakhsUp to 1.5% + GST2–3 working daysApply
IndusInd BankFrom 10.49%₹30,000 to ₹50 LakhsUp to 3.5% (2% online) + GST24–48 hrsApply
Yes Bank10.99% – 21%₹100,000 to ₹40 LakhsUp to 2.5% + GST24–48 hrsApply
Standard Chartered11.49% – 17%₹1 Lakh to ₹50 LakhsUp to 2.25% + GST48–72 hrsApply
IDFC FIRST Bank9.99% – ~10.75%₹1 Lakh to ₹50 LakhsUp to 3.5% + GST24–48 hrsApply
Kotak Mahindra BankFrom 10.99%₹50,000 to ₹40 Lakhs1%–2.5% + GST24–48 hrsApply
Punjab National Bank11.50% – 17.05%Up to ₹20 LakhsUp to 1% + GST2–3 daysApply
Bandhan Bank10.50% – 12.55%₹50,000 to ₹25 LakhsUp to 3% + GST48–72 hrsApply

Comparison of Personal Loan Interest Rates of NBFCs (2025)

NBFCInterest RateLoan AmountProcessing FeeProcessing TimeApply
Piramal FinanceFrom 12.99%Up to ₹35 Lakhs2%–3% + GST24–72 hrsApply
Shriram FinanceFrom 14%Up to ₹35 LakhsUp to 3% + GST2–3 daysApply
Tata CapitalFrom 10.99%Up to ₹35 LakhsUp to 2.5% + GST24–48 hrsApply
InCredFrom 18%Up to ₹10 Lakhs2%–4% + GSTInstant to 24 hrsApply
FinnableFrom 16%Up to ₹10 LakhsUp to 3% + GST24–48 hrsApply
Poonawalla FincorpFrom 9.99%Up to ₹30 Lakhs1%–2% + GST24–72 hrsApply
Fullerton IndiaFrom 11.99%Up to ₹25 LakhsUp to 3% + GST1–2 working daysApply
Axis FinanceFrom 13%Up to ₹25 LakhsUp to 2.5% + GST1–2 daysApply
Mahindra FinanceFrom 10.99%Up to ₹10 LakhsUp to 3% + GST2–3 daysApply
Aditya Birla FinanceFrom 11.99%Up to ₹50 LakhsUp to 2.5% + GST48–72 hrsApply
Bajaj FinanceFrom 11%Up to ₹50 LakhsUp to 4% + GST24–72 hrsApply

₹6 Lakh Personal Loan EMI (1 to 7 Years)

Tenure (Years)Monthly EMI (₹)Total Interest (₹)Total Payment (₹)
1 Year₹52,746₹32,960₹6,32,960
2 Years₹27,902₹66,942₹6,66,942
3 Years₹19,438₹99,767₹6,99,767
4 Years₹15,312₹1,32,163₹7,32,163
5 Years₹12,869₹1,72,149₹7,72,149
6 Years₹11,506₹2,19,314₹8,19,314
7 Years₹10,157₹2,53,851₹8,53,851

Key Features of ₹6 Lakhs Personal Loan

  • Loan Amount: ₹6 lakh, tailored for mid-sized financial requirements.
  • Interest Rates: Starting from 10.49% per annum (varies by lender).
  • Flexible Tenure: 12 months to 84 months, based on your repayment capacity.
  • Unsecured Loan: No collateral or guarantor required.
  • Quick Processing: Approval and disbursal within 24–48 hours for eligible applicants.

Eligibility Criteria for ₹6 Lakhs Personal Loan

Eligibility CriteriaDetails
Age21 to 60 years (varies by lender)
EmploymentSalaried or self-employed
Minimum Monthly Income₹20,000 (salaried), ₹30,000 (self-employed)
Work Experience1 year (salaried), 2 years (self-employed)
Credit Score750 or above for favorable interest rates

Documents Required for a ₹6 Lakh Personal Loan (Salaried Individuals)

Document TypeDetails
Identity ProofAadhaar Card, PAN Card, Passport, Voter ID, Driving License
Address ProofUtility Bills (Electricity, Water, Gas), Aadhaar Card, Passport, Rent Agreement
Income ProofLatest 3 months’ salary slips
Bank StatementsLast 3–6 months’ bank statements
Employment ProofOffer Letter, Employment Certificate
PhotographsRecent passport-sized photographs

Are you Looking for 6 Lakh Personal loan? Why Wait? Apply Today!

Don’t wait any longer; apply for your personal loan today and turn your dreams into reality!

Apply 6 Lakh Personal Loan

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Prem Anand
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Prem Anand
10 + years Experienced content writer specializing in Banking, Financial Services, and Insurance sectors. Proven track record of producing compelling, industry-specific content. Expertise in crafting informative articles, blog posts, and marketing materials. Strong grasp of industry terminology and regulations.
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Written by Prem Anand, a content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors.

Who is the Author?

Prem Anand is a seasoned content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors. He has a strong command of industry-specific language and compliance regulations. He specializes in writing insightful blog posts, detailed articles, and content that educates and engages the Indian audience.

How is the Content Written?

The content is prepared by thoroughly researching multiple trustworthy sources such as official websites, financial portals, customer reviews, policy documents and IRDAI guidelines. The goal is to bring accurate and reader-friendly insights.

Why Should You Trust This Content?

This content is created to help readers make informed decisions. It aims to simplify complex insurance and finance topics so that you can understand your options clearly and take the right steps with confidence. Every article is written keeping transparency, clarity, and trust in mind.