₹ Personal Loan

Fast Personal Loan
No Collateral Needed

From medical emergencies to dream vacations — get funds in 48 hours. Compare offers from 30+ lenders and choose the best rate.

₹50K–₹50L
Loan Amount
10.5%+
Starting Rate
12–84 Months
Flexible Tenure
48 Hours
Avg. Disbursal
EMI Calculator

Personal Loan at a Glance

Loan Amount ₹50,000 – ₹50,00,000
Interest Rate 10.5% – 36% p.a.
Tenure 12 – 84 months
Processing Fee 0.5% – 3% (one-time)
Prepayment Allowed (charges may apply)
Disbursal Time 24 – 72 hours
Collateral None required
Why BharatFincred

Features That Make the Difference

No Collateral

Fully unsecured loan — no property, gold, or guarantor required.

Quick Approval

Get in-principle approval within minutes. Funds in 24–48 hours.

Minimal Documents

PAN, Aadhaar, 3 months salary slips, 6 months bank statement.

Balance Transfer

Already have a high-rate loan? Transfer it to save thousands.

30+ Lenders

Compare offers from top banks and NBFCs — one application, many offers.

Flexible Tenure

Repay over 12 to 84 months — choose an EMI that suits your income.

Eligibility & Documents

Check if you qualify — takes 2 minutes.

Eligibility Criteria

Age 21 – 60 years (at loan maturity)
Employment Salaried or Self-Employed
Min. Monthly Income ₹25,000 (salaried) / ₹30,000 (self-employed)
CIBIL Score 700 or above (higher = better rates)
Work Experience 1 year in current job / 2 years in business
Residence Indian citizen with stable address proof
Check My Eligibility Free →

Required Documents

1
Identity Proof PAN Card (mandatory)
2
Address Proof Aadhaar Card / Passport / Driving Licence
3
Income Proof 3 months salary slips or 2 years ITR
4
Bank Statement Last 6 months statement
5
Employment Proof Offer letter / Employee ID (salaried)
6
Photograph Recent passport-size photo
💡 Tip: Keep soft copies of all documents ready before starting your application for faster processing.
Free Tool

Personal Loan EMI Calculator

Adjust sliders to calculate your EMI instantly.

Loan Parameters

₹50,000₹50 Lakhs
10%36%
12 months84 months
Principal
Interest

Your EMI Summary

Monthly EMI
Total Interest
Total Payable
⚠ Disclaimer: Results are indicative. Actual EMI subject to lender terms.

Personal Loan Interest Rates

As of July 2026 — rates vary by profile. Check your personal rate →

Lender Interest Rate Processing Fee
HDFC Bank 10.5% – 21% 0.5% – 2.5%
ICICI Bank 10.65% – 19% 0.5% – 2%
Axis Bank 10.49% – 22% 1% – 2%
Kotak Mahindra 10.99% – 24% 1% – 3%
Bajaj Finserv 11% – 35% 1% – 3%
Tata Capital 10.99% – 28% 0.75% – 2.5%
Rates are indicative and subject to change. Actual rate depends on credit profile. Check your CIBIL score to get your best rate.
FAQ

Personal Loan Questions

Most banks require a minimum monthly salary of ₹20,000 to ₹25,000 for salaried individuals. NBFCs may approve for ₹15,000+ with a CIBIL score above 700. A higher income generally means a higher loan amount and better interest rate.

It is difficult but not impossible. Some NBFCs and digital lenders approve loans for scores between 650–700 at higher interest rates. If your score is below 650, it's advisable to improve it first. Use our free CIBIL check to know your score.

The loan amount depends on your monthly income, existing EMIs, CIBIL score, and employment type. Generally, lenders allow a total EMI (including the new loan) of up to 50% of your net monthly income. Use our eligibility calculator for an estimate.

Yes. After 6–12 EMIs, most lenders allow prepayment. Some charge a foreclosure fee of 1%–5% of the outstanding principal. Banks regulated by RBI cannot charge foreclosure penalties on floating-rate loans. Check your loan agreement for details.

With BharatFincred's partner lenders, in-principle approval is given within 30 minutes to a few hours for clean profiles. Final disbursal after document submission and verification takes 24–72 hours.

A personal loan gives you a lump sum that you repay over a fixed tenure. An overdraft (OD) gives you a credit limit that you can draw from and repay multiple times — you pay interest only on what you use. OD is generally better for working capital needs.

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Our Lending Partners

HDFC Bank
ICICI Bank
Axis Bank
SBI
Kotak
Bajaj Finserv
Tata Capital
IDFC First
L&T Finance
Fullerton
HDB Financial
Yes Bank