{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.indusind.com\/iblogs\/personal-loan\/how-to-get-3-lakh-personal-loan\/#BlogPosting","mainEntityOfPage":"https:\/\/www.indusind.com\/iblogs\/personal-loan\/how-to-get-3-lakh-personal-loan\/","headline":"Need a Personal Loan of \u20b93 Lakh? Here’s Your Guide to the Complete Process","name":"Need a Personal Loan of \u20b93 Lakh? Here’s Your Guide to the Complete Process","description":"A personal loan is one of the quickest and most flexible financial solutions available today. Whether you need funds for an emergency, home renovation, education expenses, a wedding, or even a dream vacation\u2014a \u20b93 lakh personal loan can help you handle it all with ease. What makes personal loans so appealing is that they\u2019re typically...","datePublished":"2024-08-01","dateModified":"2025-04-11","author":{"@type":"Person","@id":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/#Person","name":"IndusInd Bank","url":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"IndusInd","logo":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","width":201,"height":86}},"image":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/personal-loan-3lakh-min.jpg","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/personal-loan-3lakh-min.jpg","height":288,"width":764},"url":"https:\/\/www.indusind.com\/iblogs\/personal-loan\/how-to-get-3-lakh-personal-loan\/","about":["Personal Loan"],"wordCount":1013,"articleBody":"A personal loan is one of the quickest and most flexible financial solutions available today. Whether you need funds for an emergency, home renovation, education expenses, a wedding, or even a dream vacation\u2014a \u20b93 lakh personal loan can help you handle it all with ease.What makes personal loans so appealing is that they\u2019re typically unsecured, meaning you don\u2019t have to pledge any collateral. Plus, with lenders like IndusInd Bank that offer 100% digital application processes, getting a personal loan is more convenient than ever. IndusInd Bank even approves and disburses loans within hours, depending on your eligibility and credit score.Fast and Flexible: Get a \u20b93 Lakh IndusInd Bank Personal LoanWith flexible repayment tenures ranging from 12 to 48 months, competitive interest rates, 100% paperless application process, a \u20b93 lakh IndusInd Bank Personal Loan can provide just the right balance of financial freedom and repayment comfort.Before you begin the application process, you can also use the Personal Loan Calculator to check your EMI amount across different tenure ranges.Also read: How to Get a Personal Loan without Visiting the Bank?Why Use a Personal Loan CalculatorBefore applying for a loan, it\u2019s important to know how it will affect your monthly finances. That\u2019s where a personal loan EMI calculator comes in handy.This simple online tool helps you calculate your monthly EMI based on three key inputs:Loan amountInterest rateLoan tenureHere\u2019s why using one is essential:Budget Planning: Know exactly how much you\u2019ll pay each monthInformed Decisions: Experiment with tenures and rates to find the right fitNo Surprises: Be prepared for the total cost of borrowing upfrontComparison Tool: Easily compare loan offers from different lendersEligibility Criteria for a Personal Loan of \u20b93 LakhLenders usually have a defined set of eligibility criteria for approving a personal loan application. While it can vary slightly from one institution to another, most follow a common framework.To be eligible for a \u20b93 lakh IndusInd Bank Personal Loan, you typically need to meet the following:Age: Usually between 21 and 60 yearsCitizenship: Indian residentEmployment: Salaried or self-employed with a stable incomeCredit Score: Preferably 700 or above for better chances and lower ratesIncome: Minimum monthly income criteria (varies by lender and city)Interest Rates for a Personal Loan of \u20b93 LakhInterest rates are a crucial part of any loan decision. They determine your EMI and the total cost of borrowing. For a \u20b93 lakh personal loan, IndusInd Bank’s interest rates start from 10.49% per annum. However, the final interest rate depends on:Credit profile and credit scoreType of employment and income stabilityLoan tenure chosenExisting debt and repayment historyA good credit score and strong repayment history can help you negotiate better interest rates. Some banks, like IndusInd Bank, offer competitive starting rates and flexible repayment options, making the loan more affordable in the long run.How to ApplyWith IndusInd Bank, applying for a personal loan is now easier than ever. Here\u2019s how it goes:Visit the IndusInd Bank Personal Loan page and click ‘Apply Now’Provide details like PAN and mobile numberCheck eligibility and receive instant quotesUpload KYC documentsGet approval and receive the loan amount directly into your bank accountThe entire process is quick, secure, and can be done from the comfort of your home.Wrapping UpIf you require an urgent loan of \u20b93 lakh, IndusInd Bank Personal Loan can be your best bet. Whether it\u2019s for an urgent requirement or a long-planned milestone, it’s a perfect blend of flexibility and ease.With minimal documentation, quick disbursals, and competitive interest rates, it\u2019s now easier than ever to access funds without disrupting your routine. Just make sure to check your eligibility, compare offers, and use tools like EMI calculators to stay financially prepared.Share This:"}