Apply for ₹10 Lakh Personal Loan in India
Starting at 9.99%* per annum
Minimal Documentation | Quick Approval | 100% Digital Process
Get Personal Loan of ₹10 Lakh with Quick Approval
A Personal Loan is one of the best financial instruments that help you meet your various financial requirements. A ₹10 Lakh Personal Loan can be utilized for funding wedding expenses, higher education, home renovation, international travel, medical emergency, debt consolidation, etc. Hence, you can use the loan amount for any legitimate purpose as there is no end-use restriction.
Personal Loans are collateral-free loans, which is why they can offer flexibility and easier repayment options.
Loan applicants can easily avail of a Personal Loan of up to ₹10 Lakh (even up to ₹30 Lakh based on the eligibility criteria) from Credit Success. Many factors affect your loan eligibility. So, it would be wise to check the ₹10 Lakh Personal Loan eligibility, the required documents, and the application process in advance to get instant approval.
₹10 Lakh Personal Loan Interest Rates & Charges
Personal Loans are the best solution for meeting your planned and unplanned expenses. These collateral-free loans come with flexible loan tenure. Throughout the loan period, the borrowed amount can be paid back to the lender in EMIs (Equated Monthly Instalments). The interest payable on the loan is the cost of borrowing, and you should always prioritize affordability when you are planning to opt for a Personal Loan.
Credit Success has figured out what people need and so they’ve made their ₹10 Lakh Personal Loan really affordable and appealing. We offer some of the lowest Personal Loan interest rates so that borrowers are not burdened by hefty loan EMIs.
| Personal Loan Interest Rates |
9.99%* p.a. onwards
|
| Loan Amount |
₹1 Lakh to ₹30 Lakh
|
| Loan Processing Fees |
Up to 2% plus applicable taxes
|
| Lowest EMI Per Month |
Starting from ₹2124* per month for 60 months
|
| Loan Tenure | 1-5 Years |
₹10 Lakh Personal Loan EMI for up to 5 Years
You can calculate the ₹10 Lakh Personal Loan EMI either manually or with the help of the Personal Loan EMI Calculator. The formula for EMI calculation is as follows:
E = [P x r x (1 + r) ^ n] / [ (1 + r) ^ n – 1], where the variables are P, r, and n.
E = EMI amount
P = Loan amount
r = Rate of interest
n = Loan tenure
Calculating the EMI in advance can help you plan your finances in a better manner. However, manual calculations are time-taking and might leave room for error. Credit Success offers ₹10 Lakh loan EMI Calculator to make your loan calculation easier and simpler. You just need to enter the loan amount, interest rate, and tenure. The loan calculator will display the EMI amount instantly.
The EMI for a Personal Loan of ₹10 Lakh will depend on the loan tenure and interest rate. For example, ₹10 Lakh Personal Loan EMI for 5 years at 10% will be ₹21,247. You can use the ₹10 Lakh loan EMI Calculator to know the EMI amount for different loan tenures.
| Tenure | Approximate EMI at 9.99% Interest Rate |
| 1 years | ₹87,911/month |
| 2 years | ₹46,140/month |
| 3 years | ₹32,262/month |
| 4 years | ₹25,358/month |
| 5 years | ₹21,242/month |
Eligibility Criteria to get Personal Loan of ₹10 Lakh
A Personal Loan from Credit Success is just what you need to fulfill all your financial requirements in the best possible way. To ensure that the maximum number of people can benefit from this loan, we have kept our ₹10 Lakh Personal Loan eligibility criteria very easy and simple. The eligibility criteria that you need to fulfill are as follows:
Age
Citizenship
Employment
Work experience
Monthly income
Age
between 22 and 57 years
Citizenship
Indian
Employment
Full-time with a public limited, private limited company
Work experience
Overall at least 1 years with a minimum of 1 months in the current company
Monthly income
minimum ₹30,000
Documents Required for ₹10 Lakh Personal Loan
Gone are the days when you had to deal with lengthy paperwork. Credit Success offers a Personal Loan with minimal documentation requirements so that there are no delays or hassles when applying for a loan. You just need to provide the following list of documents:
KYC documents
Address Proof
Latest salary slip
Bank statement
Employment proof
Features & Benefits of ₹10 Lakh Personal Loan
At Credit Success, we strongly believe in helping our customers get the financing they require easily and quickly. Following are some of the salient features & benefits of a ₹10 Lakh Loan:
Attractive Interest Rates
We offer a loan at attractive interest rates as low as 9.99%* p.a. to lower the EMI burden.
Collateral-Free Loan
This is an unsecured loan, and you can get it without pledging any collateral.
Flexible Repayment Tenure
We provide a flexible repayment tenure that ranges from 12 to 60 months. You can choose the repayment tenure as per your repayment capacity.
High Loan Amount
We offer a Personal Loan up to ₹10 Lakh (even up to ₹30 Lakh based on the eligibility criteria). You can avail of a high loan amount to meet your financial requirements without any compromise.
Online Application Process
We have simplified the Personal Loan application process. You can apply for a ₹10 Lakh Loan online in just a few clicks.
How to Apply for ₹10 Lakh Personal Loan
Getting a Personal Loan from Credit Success is very easy and simple. You just need to follow the steps mentioned below to apply for a ₹10 Lakh Personal Loan:
Step 1: Click on the “Apply Now” button.
Step 2: Fill up the application form with the required details. Make sure that the information does not contain any errors.
Step 3: Upload the list of documents
Step 4: Once you are done, our loan expert will verify your documents
Step 5: On successful verification of your documents, you will be approved for the loan
Step 6: The loan amount will be disbursed to your bank account instantly.
Apply for ₹10 Lakh Personal Loan within 5 Minutes
Personal Loan by Amount
Now you can avail of instant Personal Loan by amount. We offer Personal Loan catering to categories ranging from 1 lakh. Please check out the below-mentioned options to avail Personal Loan by amount:
₹1 Lakh
Personal Loan
₹2 Lakh
Personal Loan
₹3 Lakh
Personal Loan
₹5 Lakh
Personal Loan
₹15 Lakh
Personal Loan
₹20 Lakh
Personal Loan
₹25 Lakh
Personal Loan
₹30 Lakh
Personal Loan
₹40 Lakh
Personal Loan
₹50 Lakh
Personal Loan
₹60 Lakh
Personal Loan
₹70 Lakh
Personal Loan
₹80 Lakh
Personal Loan
₹90 Lakh
Personal Loan
₹1 Crore
Personal Loan
₹1.2 Crore
Personal Loan
₹1.3 Crore
Personal Loan
₹1.5 Crore
Personal Loan
₹1.8 Crore
Personal Loan
₹2 Crore
Personal Loan
₹2.5 Crore
Personal Loan
₹3 Crore
Personal Loan
₹3.5 Crore
Personal Loan
₹4 Crore
Personal Loan
₹4.5 Crore
Personal Loan
₹5 Crore
Personal Loan
₹6 Crore
Personal Loan
₹7 Crore
Personal Loan
₹8 Crore
Personal Loan
₹9 Crore
Personal Loan
₹10 Crore
Personal Loan
₹11 Crore
Personal Loan
₹12 Crore
Personal Loan
Frequently Asked Questions on ₹10 Lakh Personal Loan
What is the monthly EMI for ₹10 Lakh Personal Loan?
The ₹10 Lakh Personal Loan EMI will depend on the interest rate and the chosen repayment tenure. For example, ₹10 Lakh Personal Loan EMI for 5 years at 10% will be ₹21,247. Please note that this amount will change as the interest rate or tenure changes. You can use the ₹10 Lakh Loan EMI Calculator to calculate the loan EMI by yourself.
What is the salary for a ₹10 Lakh loan?
The borrower needs to have a monthly salary of ₹30,000 to be eligible for a ₹10 Lakh loan.
Am I eligible to borrow a sum of ₹10 Lakh Personal Loan from Credit Success?
Yes, you can borrow a loan from Credit Success provided you meet our ₹10 Lakh Personal Loan eligibility criteria.
How to apply for a Personal Loan of ₹10 Lakh?
To apply for a ₹10 Lakh Personal Loan from Credit Success, follow these steps:
Step 1: Click on the “Apply Now” button on our website.
Step 2: Fill up the application form with the required details.
Step 3: Upload the required documents.
Step 4: Await application assessment.
Step 5: Get confirmation on loan approval.
Step 6: Approve & authorize Personal Loan online disbursal.
What is the interest rate levied on a ₹10 Lakh Personal Loan?
The rate of interest for ₹10 Lakh Personal Loan is 9.99%* per annum and upwards.
What is the processing time for a ₹10 Lakh Personal Loan?
We generally process applications promptly and send approved sanctions almost instantly, provided you meet our eligibility criteria and submit the required documents.