₹2 Lakh Personal Loan in India

Apply for ₹2 Lakh Personal Loan in India

Loan up to 30 Lakh | Attractive Interest Rates | Quick Approval | Easy to Apply

Poonawalla Fincorp's ₹2 Lakh Personal Loan can be a stepping stone towards your financial aspirations. We offer you the funds at competitive interest rates and flexible repayment tenure, whether it's a home renovation, a memorable trip, or managing unexpected medical expenses.

Why Consider a ₹2 Lakh Personal Loan?

A ₹2 Lakh Personal Loan serves as a lifeline, offering flexibility with repayment and attractive interest rates. Additionally, it ensures a simple application process, ensuring quick disbursal.

Opting for a ₹2 Lakh Personal Loan is the practical solution to address immediate financial needs. Whether it's managing urgent medical bills, covering educational expenses, or handling unforeseen costs, our ₹2 Lakh Personal Loan is tailored to meet immediate financial requirements.


You can access an Instant Personal Loan of ₹2 Lakh from Poonawalla Fincorp with complete transparency and no hidden charges.

Check the table below for more details on applicable charges:

Instant Personal Loan Interest Rates 16%* p.a. onwards
Instant Loan Amount ₹50,000 to ₹5 Lakh
Instant Loan Processing Fees 2.5% to 3.5% plus applicable charges
Lowest Instant Loan EMI ₹1,962 for 36 months
Instant Loan Tenure 1 to 36 months
Foreclosure/Pre-Payment Charges 0%* If paid from own sources & 4% If paid from other sources
Default Interest 2% per month
Repayment Instrument Dishonor Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges

For a ₹2 Lakh Personal Loan, your Equated Monthly Instalments (EMIs) will vary based on the repayment tenure you choose: one year, two years, or three years. Plan your repayment easily with the help of an Instant Personal Loan EMI Calculator.

Check out the EMI amounts for a ₹2 Lakh Personal Loan calculated at an interest rate of 16% p.a. for each tenure below:

  • ₹2 Lakh Loan for 1 years - ₹18,146/month
  • ₹2 Lakh Loan for 2 years - ₹9,793/month
  • ₹2 Lakh Loan for 3 years - ₹7,031/month

An instant 2 Lakh Loan can help you fulfil your specific financial needs in no time without any hassle. You need to meet the eligibility criteria for a ₹2 Lakh Loan and submit relevant documents to apply. Once you fulfil the eligibility criteria and pass the verification, your ₹2 Lakh Loan will be disbursed in no time. Now, let’s check out the features and benefits of a ₹2 Lakh Loan.

How much EMI will I need to pay for a personal loan of ₹2 Lakh?

Tenor Approximate EMI at 16% interest rate
1 years ₹18,146/month
2 years ₹9,793/month
3 years ₹7,031/month

To apply for an instant Personal Loan, it's important to meet the specified eligibility criteria:

Age Requirement


Citizenship Status


Monthly Salary Required

Annual Household Income

  • Age - The applicant’s age should not be less than 25 years when he/she applies for the loan. Similarly, their age should not be more than 55 years.
  • Citizenship - The applicant should be a citizen of India.
  • Annual Household Income - Minimum Household annual income (declared) should be ₹3Lakhs.

You can easily secure a ₹2 Lakh Personal Loan by fulfiling our minimal documentation requirement. Here are the necessary documents for our ₹2 Lakh Personal Loan:

You can avail of a Personal Loan with us with the least amount of documentation possible.

Following are the required documents for our ₹2 Lakh Personal Loan:

  • KYC Documents

    KYC documents

  • Address Proof

    Current proof of address

Please note that the list above is merely indicative. More documents may be required when the loan is being processed.

At Poonawalla Fincorp, we aim to make it easy for our customers to get the instant financial support. When you opt for our Instant Personal Loan of ₹2 Lakh, you can enjoy a variety of excellent features and benefits.

  • Quick and easy online application process

    Quick and easy online application process

  • Unsecured loan


  • Speedy approval and rapid disbursal

    Swift Approval and Instant Disbursal

  • Attractive interest rates

    Attractive interest rates

  • Flexible repayment tenure

    Flexible EMIs

  • No hidden charges

    Zero hidden charges

You can apply for a Personal Loan by following the below-mentioned 5 easy steps.

  • Step 1: Click the 'Apply Now' button.
  • Step 2: Complete the loan application form with your details.
  • Step 3: Upload the required documents.

Upon successful verification, your loan amount will be instantly disbursed into your bank account.

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Apply Online

Click on ‘Apply Now’ and complete the application form

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Personal Details

Enter your DOB, qualification, and residential details

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Application Verification


Submit and upload all details for verification and assessment

What is the processing time for the ₹2 Lakh Personal Loan?

Poonawalla Fincorp ensures a quick turnaround, with many applicants receiving approval within a short period.

How can I apply for a ₹2 Lakh Personal Loan with Poonawalla Fincorp?

You can apply online on the Poonawalla Fincorp's website by filling out the application form and submitting the required documents.

How can I calculate the EMIs for my ₹2 Lakh Personal Loan?

To calculate your EMIs, follow these steps:

  • Step 1: Go to our website and access the Personal Loan EMI calculator.
  • Step 2: Fill in the details with your loan amount, term, and interest rate.
  • Step 3: Click the 'Calculate' button.
  • Step 4: Click on "Check Repayment Schedule" and know the exact EMI amount.
What are the factors affecting your EMI for a ₹2 Lakh Personal Loan?

The EMI for a ₹2 Lakh Personal Loan is influenced by factors such as the chosen loan tenure, interest rate and the amount borrowed. You can get a favourable interest rate by maintaining a good credit score.

How can I determine if I am eligible for a ₹2 Lakh Personal Loan with Poonawalla Fincorp?

Poonawalla Fincorp offers a ₹2 Lakh Personal Loan with basic eligibility requirements and minimal paperwork. Check our Personal Loan eligibility criteria on the official website or contact our online support team for further assistance.

What charges do I need to pay when applying for a ₹2 Lakh Personal Loan?

When you apply for a Personal Loan with Poonawalla Fincorp, you might have to pay a small processing fee, which can be up to 2% of the loan amount.

*Terms & Conditions Apply

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