Need quick funds for short-term expenses with affordable EMI and a flexible repayment schedule? A 1 lakh personal loan is what you need!.
Borrow smartly, borrow what you need, borrow an instant 1 lakh loan!
It takes less than 2 minutes
Enter your mobile number, and view the best loan offers available to you.
Apply for ₹1 Lakh Loan Now! →When is it the best option to get 1 lakh loan instantly?
I want 1 lakh rupees loan urgently. My Mudra has it covered!
Get access to personal loans starting at an attractive 9.99% p.a., helping you keep EMIs manageable and repayment stress-free.
Get 1 lakh loan instantly and confidently without pledging any assets. Your property, jewellery, and savings remain completely safe.
Choose a repayment plan that fits your monthly budget with tenures ranging from 12 to 84 months.
Enjoy a smooth application process on an instant loan of 1 lakh with rapid approval and funds transferred to your bank account within 24 hours.
Only basic KYC, bank statements, and income proof are needed, making the application process quick and straightforward.
Medical need, travel plan, home repair, education, or an urgent purchase - you’re free to use the personal loan upto 1 lakh any way you want.
Enter your phone number and view all the loan offers tailored to your requirements - check and compare all the offers quickly and select the best loan for you!
Check Personal Loan OffersKeep these documents ready when you opt for 1 lakh loan apply online:
Your EMI depends on the interest rate quoted to you and the tenure you chose.
Check out different EMI options for varying interest rates and tenures and make informed financial decisions!
| Tenure | 10% p.a. | 12% p.a. | 14% p.a. | 16% p.a. |
|---|---|---|---|---|
| 12 months | ₹8,792 | ₹8,885 | ₹8,978 | ₹9,073 |
| 24 months | ₹4,614 | ₹4,707 | ₹4,801 | ₹4,896 |
| 36 months | ₹3,227 | ₹3,321 | ₹3,418 | ₹3,516 |
Enter the interest rate and select the tenure to check your EMI within seconds.
Lenders are generally quick to approve an instant 1 lakh loan with a stable income and a clean credit history.
| Top Banks | Interest Rate | Processing Fee |
|---|---|---|
| HDFC Bank Personal Loan | 9.99% to 24% | ₹6,500 + GST |
| Kotak Bank Personal Loan | 10.99% to 30% | Up to 3% |
| ICICI Bank Personal Loan | 10.45% to 17% | Up to 3% |
| Axis Bank Personal Loan | 9.99% to 22% | Up to 2% |
| SBI Bank Personal Loan | 10.05% to 15.05% | Up to 3% |
Need 1 lakh urgently?
Compare loan offers from top banks in the country, check different EMI options, and apply for the loan you see fit!
You will find it on this 1 lakh loan page.
Provide all the details correctly.
Submit the required documents digitally.
With My Mudra, you can obtain approval and get 1 lakh loan instantly.
You will receive the funds within 24 hours.
An individual aged between 21 to 65 years and of Indian residency can apply. Salaried individuals may need a minimum monthly income of ₹15,000 with a minimum of 1 year of work experience. Self-employed individuals must meet the minimum business age (3 years) and annual turnover (generally a minimum of ₹3 lakh) requirement.
The EMI for 1 lakh personal loan will depend on the interest offered and the tenure selected. Higher interest rates and shortest tenures generally result in higher EMIs, and vice versa. Use My Mudra’s EMI calculator to check your EMI in seconds.
Provide the required details on My Mudra and upload the required KYC and business documents. If all eligible criteria are met, the loan can be disbursed within 24 hours.
In the absence of a salary slip, you still can get a loan. You may have to provide alternative documents, like bank statements, ITRs, or other proof of income.
You can instant 1 lakh loan on Aadhaar card. More documents, like income proof, might be required.
You can check out My Mudra’s instant 1 lakh loan app.
The chance of obtaining a 1 lakh loan without a CIBIL score is low, as banks evaluate your creditworthiness based on the score.
Make sure you meet all the eligibility criteria, maintain a CIBIL score of 700+, and submit all required documents.
The chance of students and unemployed individuals receiving a personal loan is low. A secured loan with collateral might be a better alternative.
Many banks provide instant approval. Find out the top banks offering instant approval on My Mudra.
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