Compare & Apply
₹ 7 Lakh personal loan @10.49% p.a
- EMI for 1-7 years Tenure*
- Multiple Banks & NBFCs*
- ₹25K+ salary Required*
- 700+ Cibil Score Required*
Get Instant
Approval
Direct Cash
Transfer
Lowest
Interest Rates
Minimal
Documentation
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
Banks
Institution | Interest Rates |
---|---|
HDFC Bank | 10.85% – 24.00% |
Axis Bank | 11% – 24.00% |
Bandhan Bank | 11.90% Onwards |
ICICI Bank | 10.85% – 16.25% |
DBS Bank | 10.99% – 24.00% |
Bank of Baroda | 11.05% – 18.75% |
SBI | 11.45% – 14.85% |
IndusInd Bank | 10.49% – 24.00% |
Yes Bank | 11.25% – 21.00% |
Standard Chartered | 11.50% – 24.00% |
IDFC First | 10.99% – 23.99% |
Kotak Mahindra Bank | 10.99% – 24.00% |
PNB | 11.40% – 17.95% |
Indian Bank | 10.90% – 24.00% |
NBFCs Interest rates for 6 Lakh Personal Loan
NBFCs
NBFC Name | Interest Rate |
---|---|
InCred Interest Rate 2025 | 16% – 42% |
Finnable Interest Rate 2025 | 16% – 28% |
L&T Finance Interest Rate 2025 | 11% – 24% |
Aditya Birla Interest Rate 2025 | 10% – 32% |
Shriram Finance Interest Rate 2025 | 11% – 42% |
Bajaj Finserv Interest Rate 2025 | 10.75% – 31% |
Piramal Interest Rate 2025 | 12.99% onwards |
Tata Capital Interest Rate 2025 | 11.99% – 35% |
Poonawalla Interest Rate 2025 | 11.49% – 19% |
SMFG Interest Rate 2025 | 13% – 36% |
Axis Finance Interest Rate 2025 | 13% onwards |
Mahindra Finance Interest Rate 2025 | 12% – 36% |
Paysense Interest Rate 2025 | 16.8% – 33% |
₹7 Lakhs Personal Loan EMI for 1-7 Years
Tenure (Years) | Monthly EMI (₹) | Total Interest (₹) | Total Payment (₹) |
1 | ₹61,788 | ₹38,462 | ₹7,38,462 |
2 | ₹32,552 | ₹76,089 | ₹7,76,089 |
3 | ₹22,692 | ₹1,14,726 | ₹8,14,726 |
4 | ₹17,864 | ₹1,52,191 | ₹8,52,191 |
5 | ₹15,038 | ₹1,77,734 | ₹8,77,734 |
6 | ₹13,425 | ₹2,55,893 | ₹9,55,893 |
7 | ₹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 Lakhs Personal Loan
Eligibility Criteria | Details |
Age | 21 to 60 years (varies by lender) |
Employment | Salaried or self-employed |
Minimum Monthly Income | ₹20,000 for salaried, ₹30,000 for 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 a 7 lakh personal loan for 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!
Personal Loans by Bank
- Personal loan
- What is Personal loan
- Unsecured Loans
- Pre-Approved Loans
- Personal Loan in 10 Mins
- NBFC Personal Loan
- Personal loan documents
- Personal loan eligibility Check
- FOIR Calculator
- Personal loan Interest Rates
- Lowest interest Personal Loan
- Personal loan EMI calculator
- PL Balance Transfer
- Instant Personal loans
- Paperless Personal loans
- Best Personal Loans 2025
- Flexi Personal loans
- Best Personal Loan Apps
- RBI Approved Loan Apps
- Rs.50 lakh Personal Loan
- Rs.40 lakh Personal Loan
- Rs.30 lakh Personal Loan
- Rs.25 lakh Personal Loan
- Rs.20 lakh Personal Loan
- Rs.15 lakh Personal Loan
- Rs.12 lakh Personal Loan
- Rs.10 lakh Personal Loan
- Rs.8 lakh Personal Loan
- Rs.7 lakh Personal Loan
- Rs.6 lakh Personal Loan
- Rs.5 lakh Personal Loan
- Rs.4 lakh Personal Loan
- Rs.3 lakh Personal Loan
- Rs.2 lakh Personal Loan
- Rs.1 lakh Personal Loan
- Rs.50,000 Personal Loan
- Personal loan for salaried
- PL for IT Professionals
- Personal Loan for CA
- Personal Loan For Marriage
- Personal Loan For Women
- Personal Loan for Doctors
- Personal Loan for Pensioners
- PL for Defence Personnel
- Personal Loan for Low Salary
- PL for Home Renovation
- PL for Medical Emergency
- Personal Loan for NRI
- Personal Loan for CA
- PL for Debt Consolidation