LoanSetu

Rates from 10.49% p.a.

Personal Loan — up to ₹40 Lakh

Unsecured loans for weddings, travel, medical needs or debt consolidation. No collateral, fast disbursal.

  • Loan amount ₹50,000 to ₹40 Lakh
  • Tenure up to 7 years
  • No collateral or guarantor
  • Minimal documentation, digital process
  • Disbursal in as little as 24 hours

Get personal loan offers

100% free. No impact on your credit score to check offers.

Compare personal loan lenders

LenderRate fromMax amountTenureProc. feeDisbursal
HD

HDFC Bank

Fast approvals for salaried

10.5%₹40 L7 yr1.5%24h
BJ

Bajaj Finserv

Flexi loan options

11%₹40 L8 yr2%24h
AX

Axis Bank

Competitive salaried rates

10.49%₹40 L7 yr1.5%48h
IC

ICICI Bank

Wide product range

10.75%₹50 L7 yr1.5%48h
TC

Tata Capital

10.99%₹35 L6 yr1.75%48h
RF

Ram Fincorp

Approves thin credit files

13.5%₹5 L3 yr2.5%12h
Indicative
Rates are starting rates and subject to lender approval, profile and credit score.

Eligibility

  • Age 21–60 years
  • Salaried or self-employed with steady income
  • Minimum monthly income ₹20,000+
  • Credit score ideally 700+

Documents required

  • PAN card
  • Aadhaar / address proof
  • Last 3 months salary slips
  • Last 6 months bank statement

Frequently asked questions

How fast can I get a personal loan?+

Pre-approved offers can disburse within 24 hours; fresh applications typically take 1–3 working days after document verification.

What is the minimum credit score?+

Most lenders prefer 700+, but some NBFC partners approve scores from 650 with a slightly higher rate.

Are there prepayment charges?+

Many lenders allow foreclosure after 6–12 EMIs; charges range 0–4% of the outstanding principal.