Loan up to
₹ 2 Lakh
Quick
Approval
Quick Disbursal in
Bank Account
All-time
customer support

Specific features and types of 1 lakh personal loan

With easy application application, fast approval and disbursal, and affordable and competitive interest, the personal loan can be applied for multiple purposes, especially related to household needs.

Household Emergency

Shopping Loan

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Travel Loan

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Emergency Loan

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Home Renovation Loan

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Loan for Clear Bil

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1 Lakh Loan Interest Rates and Charges

The interest rate applied on a 1 lakh personal loan can vary based on the credit score and income of the borrower, where you can apply for a loan with lower interest, especially when you have a higher income. So, it can vary and can be negotiable.

1 Lakh Loan EMI and Interest Rate For 1 Yearr


1,00,000

Loan Amount

11%

Rate of Interest

1,06,058/-

Total Repayment Amount

6058/-

Total Interest

8838/-

EMI Amount

1 Lakh Loan EMI and Interest Rate For 2 Year


1,00,000

Loan Amount

11%

Rate of Interest

1,11,859/-

Total Repayment Amount

11859/-

Total Interest

4661/-

EMI Amount

Eligibility Criteria for 1 Lakh Personal Loan

The eligibility criteria for a personal loan always depend on certain factors, such as the monthly income of customers along with the credit score. Customers'age, residential status, and other factors. Therefore, the eligibility criteria for a loan depend on the following.

1
Age
The age of borrower must reside between 23 to 65 years old
2
Employment
The per-month income must be Rs 45,000 as per the desired loan amount, especially when you are a salaried person.
3
CIBIL score
Credit Score must be higher like 650 and above.
4
Documents
Some essential required documents are Aadhar Card, PAN, Salary slip, ITR( for self-employed), Bank Statement, Rent agreement, other utility bills, etc.

How to apply for a 1 Lakh Loan

With the application process and going through the following steps you can apply for a personal loan.

1
Go to the application page by clicking Apply Now
2
Enter the personal details including Name, contact details, and all
3
Submit your form after uploading the documents.
4
Get the executive's response for approval
5
Get the disbursal amount and use it for your required purpose
6
As per your tenure repay the amount

Personal Loan in different cities

Delhi
Ahmedabad
Chennai
Hyderabad
Mumbai
Pune
Kolkata
Gurgaon
Noida
Ghaziabad

Frequently Asked Questions

You can go through the application page where you have to enter all the details like name, address, email, and loan amount with all the required documents, and then submit the form and get the approval and disbursal

If your documents are complete and you are eligible, your loan will be approved and disbursed shortly. However, it may take a few hours, especially when you have to go for the physical document verification.

Yes, if your desired loan amount is higher and you have a good CIBIL you can borrow a higher loan amount also.

Yes, you can apply for a loan with multiple EMIs where you can choose a longer tenure. But, you can also select a one-time payment as a short-term loan.

It's competitive and affordable, and the rate of interest can vary as per the credit score and income. It can be negotiable also.

Goodskill Securities And Services Ltd. | Registered Under RBI B-14.01552

GRIEVANCE REDRESSAL CELL

  • We strictly follow the RBI directive and have set up an effective Grievance Redressal Cell to handle and address all manner of grievances.
  • We always endeavour to carry out responsible lending, whereby we give just the loan which we know you will find convenient to pay back, but also recover our dues ethically. We never believe in any manner of high-handed or coercive recovery methods.
  • But in case you have any complaints we will take up the matter seriously and address the issue within 5 working days.
    • Email us at : grievance@gssasl.com
  • Helpline : 84482 88113 | Mr. Ajay Verma (Timing 10:00 Am to 6:30 PM)
Important* - As a registered NBFC with the Reserve Bank of India and following all the guidelines of the regulatory authorities, EverydayloanIndia provides loans to all eligible customers, where we accomplish our lending services through our website and CRM. Apart from this, we would like to inform our customers and the general public that we don’t have any app on android or appstore, and we are not disbursing through any mobile app. Therefore, please beware of any lending application that is copying our name and disbursing loans in our name through mobile apps, and please inform us in such circumstances where someone is trying to cheat through the unauthorized loan app by copying our name and logo.