₹ 7 Lakh personal loan @10.49% p.a
- EMI for 1-7 years Tenure*
- Multiple Banks & NBFCs*
- ₹25K+ salary Required*
- 700+ Cibil Score Required*
Rs.7 Lakh Personal Loan
A ₹7 lakh personal loan is a practical solution for funding large expenses like education, medical emergencies, home renovations, or weddings. Offering flexible repayment options and competitive interest rates, this loan caters to varied financial needs.
Bank Interest rates for 7 Lakh Personal Loan
Comparison of Personal Loan Interest Rates of Banks (2025)
| Bank | Interest Rate | Loan Amount | Apply |
|---|
| DBS Bank | From 10.99% | Up to ₹15 Lakhs | Apply |
| HDFC | From 10.85% | Up to ₹40 Lakhs | Apply |
| Axis Bank | From 10.49% | Up to ₹40 Lakhs | Apply |
| ICICI Bank | 10.75% – 19% | Up to ₹40 Lakhs | Apply |
| Bank of Baroda | 10.75% – 18.5% | Up to ₹5 Lakhs | Apply |
| SBI | From 11% | Up to ₹30 Lakhs | Apply |
| IndusInd | From 10.49% | Up to ₹50 Lakhs | Apply |
| Yes Bank | From 10.99% | Up to ₹40 Lakhs | Apply |
| Standard Chartered | From 11.5% | Up to ₹50 Lakhs | Apply |
| IDFC | From 10.49% | Up to ₹50 Lakhs | Apply |
| Kotak Mahindra | From 10.99% | Up to ₹40 Lakhs | Apply |
| PNB | From 11.40% | Up to ₹20 Lakhs | Apply |
| Bandhan Bank | From 11.55% | Up to ₹25 Lakhs | Apply |
Comparison of Personal Loan Interest Rates of NBFCs (2025)
| NBFC | Interest Rate | Loan Amount | Apply |
|---|
| Piramal Finance | From 12.99% | Up to ₹35 Lakhs | Apply |
| Shriram Finance | From 14% | Up to ₹35 Lakhs | Apply |
| Tata Capital | From 10.99% | Up to ₹35 Lakhs | Apply |
| InCred | From 18% | Up to ₹3 Lakhs | Apply |
| Finnable | From 16% | Up to ₹10 Lakhs | Apply |
| PaySense | From 16.8% | Up to ₹5 Lakhs | Apply |
| Poonawalla | From 9.99% | Up to ₹30 Lakhs | Apply |
| Fullerton | From 11.99% | Up to ₹25 Lakhs | Apply |
| LendingKart | From 12% | Up to ₹3 Lakhs | Apply |
| Axis Finance | From 13% | Up to ₹25 Lakhs | Apply |
| Mahindra Finance | From 10.99% | Up to ₹10 Lakhs | Apply |
| Aditya Birla | From 11.99% | Up to ₹50 Lakhs | Apply |
| Bajaj Finance | From 11% | Up to ₹50 Lakhs | Apply |
₹7 Lakhs Personal Loan EMI for 1–7 Years
| Tenure (Years) | Monthly EMI (₹) | Total Interest (₹) | Total Payment (₹) |
|---|
| 1 Year | ₹61,788 | ₹38,462 | ₹7,38,462 |
| 2 Years | ₹32,552 | ₹76,089 | ₹7,76,089 |
| 3 Years | ₹22,692 | ₹1,14,726 | ₹8,14,726 |
| 4 Years | ₹17,864 | ₹1,52,191 | ₹8,52,191 |
| 5 Years | ₹15,038 | ₹1,77,734 | ₹8,77,734 |
| 6 Years | ₹13,425 | ₹2,55,893 | ₹9,55,893 |
| 7 Years | ₹11,848 | ₹2,97,476 | ₹9,97,476 |
Key Features of ₹7 Lakhs Personal Loan
- Loan Amount: ₹7 lakh, perfect for mid to high-range expenses.
- Interest Rates: Starting at 49% p.a., depending on the lender.
- Repayment Tenure: Ranges from 12 months to 84 months.
- No Collateral Required: An unsecured loan without asset pledging.
- Quick Disbursal: Receive funds in 24-48 hours upon approval.
Eligibility Criteria for ₹7 Lakh Personal Loan
| Eligibility Criteria | Details |
|---|
| Age | 21 to 60 years (varies by lender) |
| Employment | Salaried or self-employed |
| Minimum Monthly Income | ₹20,000 (salaried), ₹30,000 (self-employed) |
| Work Experience | At least 1 year (salaried), 2 years (self-employed) |
| Credit Score | 750 or above for favorable interest rates |
Documents Required for ₹7 Lakh Personal Loan (Salaried Individuals)
| Document Type | Details |
|---|
| Identity Proof | Aadhaar Card, PAN Card, Passport, Voter ID, Driving License |
| Address Proof | Utility Bills (Electricity, Water, Gas), Aadhaar Card, Passport, Rent Agreement |
| Income Proof | Latest Salary Slips (last 3 months) |
| Bank Statements | Bank Statements (last 3–6 months) |
| Employment Proof | Offer Letter, Employment Certificate |
| Photographs | Recent Passport-sized photographs |
Are you Looking for 7 Lakh Personal loan? Why Wait? Apply Today!
Don’t wait any longer; apply for your personal loan today and turn your dreams into reality!
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