₹20 Lakh Personal Loan
Starting at 9.99%* per annum
Minimal Documentation | Quick Approval | 100% Digital Process
Get Personal Loan of ₹20 Lakh with Quick Approval
Credit Success Personal Loans are easy to avail of and are available at the lowest interest rates. Your funding needs don’t have to wait, you can get a ₹20 Lakh Personal Loan almost instantly with Credit Success.
Our Personal Loans are collateral-free and come with no end-use restrictions. The eligibility criteria and documents required are also minimal, so that you don’t have to wait to achieve your financial goals.
₹20 Lakh Personal Loan Interest Rates & Charges
Our Personal Loans come with the lowest interest rates and without any hidden charges. If you wish to prepay your Personal Loan, you won’t have to pay any foreclosure charges. Personal Loan interest rates at Credit Success start at *9.99% p.a.
If you wish to get a ₹20 Lakh Personal Loan for 5 years, you can take advantage of the competitive interest rates offered by us. As Personal Loans are collateral-free and come with affordable interest rates, you can take care of your financial needs without any hassle.
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 Lakh for 60 months
|
Loan Tenure | 12-60 months |
₹20 Lakh Personal Loan EMI for up to 5 Years
Before applying for the loan, you can calculate your EMIs for the same. The table below shows your ₹20 Lakh Personal Loan EMIs for 5 years.
Tenure | Approximate EMI at 9.99% Interest Rate |
1 years | ₹1,75,822/month |
2 years | ₹92,281/month |
3 years | ₹64,525/month |
4 years | ₹50,716/month |
5 years | ₹42,484/month |
Eligibility Criteria to get a Personal Loan of ₹20 Lakh
The eligibility criteria for Credit Success Personal Loans are easy to fulfill. We have kept our requirements minimal so that your funding needs don’t have to wait. If you wish to get a ₹20 Lakh Personal Loan from Credit Success, you will have to fulfill the below-mentioned eligibility criteria.
Age
Citizenship
Employment
Work experience
Monthly Income
- Age– The applicant is required to be a minimum of 22 years old at the time of loan application and a maximum of 57 years old
- Citizenship– The applicant is required to be an Indian citizen
- Employment– The applicant should be an employee of the Central Government, PSU, MNC, Listed, Unlisted Public Ltd., Pvt Ltd., LLP, or companies that are listed internally
- Experience– The applicant should be employed at the current organization for at least 1 months or should have a minimum work experience of at least 12 months
- Monthly Income – The applicant is required to have a monthly income of at least ₹30,000
Documents Required for ₹20 Lakh Personal Loan
Since our Personal Loan application is completely digital, you just have to procure soft copies of the required documents. Here is the list of documents required for a Personal Loan.
KYC documents
We accept Aadhar card or PAN card as KYC document
Current address proof
We accept rent agreement/ utility bills/ Passport
Income documents
We accept latest salary slips
Financial documents
We accept salary credit bank statement for the last 3 months
Employment proof
We accept official email ID confirmation or EMP ID card (in case email ID is not available)
Features & Benefits of ₹20 Lakh Personal Loan
Credit Success Personal Loans are feature-rich and specially curated to cover your diverse financial needs. With Credit Success, you can leverage features and benefits such as:
High Loan Amount
Minimal documentation
No hidden charges
No foreclosure charges
Online processing
Quick disbursal
How to Apply for ₹20 Lakh Personal Loan
You can apply for a ₹20 Lakh Personal Loan for 5 years by following these simple steps:
Step 1: Visit our official website.
Step 2: Go to the dedicated page for Personal Loans
Step 3: Click on ‘Apply Now’
Step 4: Fill out the online application for Personal Loans
Step 5: Upload the supporting documents
Step 6: Wait for document verification and confirmation
Step 7: Get funds disbursed into your account
Apply for ₹20 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
₹10 Lakh
Personal Loan
₹15 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 ₹20 Lakh Personal Loan
What is the monthly EMI for ₹20 Lakh Personal Loan?
The monthly If you wish to apply for ₹20 Lakh Personal Loan for 5 years, your monthly EMI will be approximate ₹4,248*.EMI for a ₹15 Lakh Personal Loan can vary depending on its interest rate and repayment tenure. For example: If you get a ₹15 Lakh Personal Loan at 9.99% interest and wish to repay it over a period of 5 years, your approximate EMI will be ₹31,863*.
How to get a Personal Loan of Rs. ₹20 lahks?
Please check the eligibility criteria for Personal Loans which are mentioned above. If you successfully fulfill the eligibility criteria, you can get a ₹20 Lakh Personal Loan almost instantly.
Am I eligible to borrow a sum of ₹20 Lakh for Credit Success?
Kindly check the eligibility criteria for Personal Loans which is mentioned above. However, certain aspects like your bureau score and financial history also influence your eligibility for Personal Loans.
How to apply for a Personal Loan of ₹20 Lakh?
We offer online applications for Personal Loans. Click here to apply.
What is the processing time for an Rs ₹20 Lakh Personal Loan?
Post verification of your documents, our customer service executive will call you within an hour regarding your loan application approval.
What is the interest rate for ₹20 Lakh per month?
Our Personal Loan interest rates start at 9.99%* p.a.