Quick Answer: Can I Get Personal Loan Of 20 Lakhs?

Can I get a loan of 1 lakh?

1 lakh personal loan from Bajaj Finserv.

Enjoy instant approval and disbursal within only 24 hours, hassle-free application process and easy to meet eligibility criteria for instant financing.

1 lakh amount.

You can select a flexible repayment tenor ranging up to 60 months to repay the loan with ease..

How much loan can I get if my salary is 15000?

Personal Loan Eligibility Criteria for Top Banks and NBFCsLendersEligible Loan AmountMinimum Eligible IncomeTata CapitalRs. 75,000 to Rs. 25 LakhRs. 15,000 per monthUnion Bank of IndiaUp to 10 LakhRs. 15,000 per monthYES BankRs 1 Lakh to Rs 40 LakhOn a case by case basis24 more rows•Nov 19, 2020

How much loan can I get if my salary is 70000?

The loan amount you can avail depends on criteria like your credit score, salary, age, location, current obligations, etc….How much home loan can I get on my salary?Net Monthly incomeHome Loan AmountRs.30,000Rs.22,37,206Rs.40,000Rs.29,82,941Rs.50,000Rs.37,28,676Rs.70,000Rs.52,20,1461 more row

What is the EMI for 3 lakhs personal loan?

Calculated Monthly EMI for 300000 of loan amount for 3 years at various rate of Interest :Loan AmountRate of InterestPer Month EMI3 Lakh14.00%Rs.10253.293 Lakh15.00%Rs.10399.63 Lakh16.00%Rs.10547.113 Lakh18.00%Rs.10845.721 more row

How can I get a 20000 personal loan?

Where to get a $20,000 personal loanBanks or credit unions: If you’re already a customer of a bank or credit union, your relationship may help you qualify for better terms than what you can find elsewhere. … Online lenders: Online lenders are often the best place to get a personal loan of this size.

Can I get personal loan if my salary is 10000?

Usually, you need to have a high CIBIL score and meet your lender’s minimum eligibility criteria to get approval on your personal loan application. … 10,000, you may have to convince your lender that you have alternative sources of income that can help you cover the repayment of the loan amount.

How can I get 2 lakh loan in one day?

2 lakh cash loan from Bajaj Finserv.Instant approval. Meet the basic eligibility criteria to avail this short-term loan. … Loan disbursed within only 24 hours. … Simple documentation. … Up to 45% less EMIs. … Pre-approved offers. … Zero hidden charges. … Flexible repayment tenor. … Collateral free credit.More items…

How can I get a quick loan?

How to get a quick loan:Apply for one of the quickest personal loans. The quickest personal loan provider, LightStream, can fund and approve loans as soon as the same day you apply. … Apply for a secured personal loan. Secured personal loans require collateral for approval. … Borrow from family/friends. … Use a credit card. … Use a HELOC.

What is the EMI for 20 lakhs personal loan?

Formula of Calculation of EMILoan amountInterest RateEMI per month5 Lakh8.35%Rs. 6,15910 Lakh8.50%Rs. 9,84715 Lakh8.60%Rs. 13,11220 Lakh8.70%Rs. 17,610

Can I get 10 lakh loan?

Affordable Loan Of High Value With Bajaj Finserv, you can avail a high-value Mortgage Loan of up to Rs. 10 Lakh at affordable rate of interest. Both salaried and self-employed individuals can avail the loan.

How much loan can I get on 35000 salary?

If you are taking a home loan for 35,000 salary, you can get a maximum loan amount of Rs. 20,16,481 at say an 8.5% interest rate for a tenure of 20 years. In this situation, the home loan EMI amount you would pay is not more than Rs. 17,500.

How much are payments on a 50000 loan?

One way to get an estimated loan payment is to use a loan repayment calculator. For example, using the calculator, we determined that a $50,000 personal loan with an interest rate of 10.45 percent and a 60-month repayment schedule would equate to about $1,073 per month.

What credit score is needed for a 20000 loan?

640 to 699Adam McCann, Financial Writer. The best places to get a $20,000 loan with fair credit include LightStream, SoFi and Marcus. Most major personal loan providers have minimum credit score requirements that are within the fair credit range (640 to 699). Most also offer loans of $20,000 or more.

What are the 4 types of loans?

There are 4 main types of personal loans available, each of which has their own pros and cons.Unsecured Personal Loans. Unsecured personal loans are offered without any collateral. … Secured Personal Loans. Secured personal loans are backed by collateral. … Fixed-Rate Loans. … Variable-Rate Loans.

How can I get 6 lakh loan?

6 lakh Personal Loan, follow these simple steps mentioned below:Enter your employment, financial, and personal information.Select the loan amount and repayment tenor to avail the funding rapidly.Submit the required documents with our representative, who will get in touch with you.More items…

Which type of loan is cheapest?

Secured personal loans often come with lower interest rates than unsecured personal loans. That’s because the lender may consider a secured loan to be less risky — there’s an asset backing up your loan.

What is the EMI for 10 lakhs personal loan?

Personal Loan EMI Calculator:PERIODRATE OF INTERESTCALCULATED EMI24 months15%48,487/-32 months11.99%36,666/-48 months20%30,430/-

What is the interest for 1 lakh?

Currently, the interest rate on savings bank deposits on balance up to Rs 1 lakh is 3.5 per cent. On balance above Rs 1 lakh, the interest rate is 3 per cent per annum, which is set at 2.75 per cent below RBI’s Repo Rate, with a minimum of 3 per cent for the entire balance.

How much personal loan can I get if my salary is 25000?

If your earning Rs. 25,000 per month, your maximum EMI towards a personal loan can be up to Rs. 12,500. Most lenders determine the maximum loan amount up to 10 times of your monthly salary.

How much can I borrow for a personal loan?

Typically, most lenders offer personal loans up to $50,000 — although you can find loans up to $100,000 if you have excellent credit and a high income.

Where can I get a low interest loan?

Best low-interest personal loans in October 2020LenderBest forLoan termLightStreamGenerous repayment terms2 to 12 yearsPayoffPaying credit card debt2 to 5 yearsBest EggLow APRs3 to 5 yearsSoFiUnemployment protection2 to 7 years8 more rows