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A ₹1 Lakh personal loan can bridge a sudden expense or fund a planned upgrade without draining your savings. Airtel Finance brings you a fully digital way to compare offers from RBI‑regulated lending partners, complete a paperless application, and receive funds in your account – often within hours. Everything happens on the Airtel App, with transparent terms and flexible repayment choices designed for your cash flow.
Estimate your EMIs for a ₹1,00,000 instant personal loan before applying. Customise loan details to find the most affordable EMIs for easy repayments!
| EMI for 1 year | EMI for 3 years | EMI for 5 years | |
|---|---|---|---|
| Equated Monthly Instalments (EMI in ₹) | 8,838 | 3,274 | 2,174 |
| Principal Amount (₹) | 1,00,000 | 1,00,000 | 1,00,000 |
| Interest Amount (₹) | 6,058 | 17,859 | 30,455 |
| Total Amount Payable (₹) | 1,06,058 | 1,17,859 | 1,30,455 |
Discover how our personal loans can be tailored to meet your specific needs. Whether you need a personal loan online for travel, education, emergencies, or any other purpose, find the right loan option that fits your unique situation.
Here's what makes a ₹1 Lakh personal loan through Airtel Finance a practical choice for small‑value borrowing.
Personal loan interest rates starting at 12.75% p.a. help keep your repayment burden manageable from day one.
Choose a repayment window ranging between 3 months to 60 months and align your EMIs with your monthly budget.
Once approved, the loan amount is credited within 24 hours, so urgent needs don't have to wait.
The facility is unsecured – you don't need to pledge any asset, and there are no hidden charges.
Complete the entire journey online, from application to disbursal, with zero paperwork.
Basic KYC documents and income proof are enough – long checklists are a thing of the past.
A ₹1 Lakh personal loan can meet a wide range of short‑term needs. Here are some of the most common ways our users put the funds to work.
When a sudden health crisis strikes, having immediate access to funds can make all the difference. Use the loan to cover hospital admission costs, diagnostic tests, or pharmacy bills without having to dip into your savings.
Weddings often come with unexpected, last-minute costs that can strain your budget. Whether it's a final change in décor, a pending payment to the caterer, or a trousseau upgrade, a quick loan helps you handle these gracefully.
You don't always need a major overhaul to make your living space feel new. A quick loan can help you give a room a stylish upgrade, fix a leaking ceiling, or take care of urgent electrical repairs without waiting.
Investing in learning is crucial for staying ahead, but course fees can sometimes be steep. Cover the cost of a certification program, a professional workshop, or essential tools like a high-performance laptop with easy financing.
A well-planned trip should be about relaxation, not financial stress. You can book discounted flight tickets and secure your preferred accommodation now, and repay the amount in comfortable installments later.
Managing multiple small, high-interest debts can quickly become overwhelming. By consolidating them into a single loan with a structured repayment plan, you simplify your finances and potentially reduce your monthly outgo.
Check the key parameters that lending partners evaluate before approving your ₹1 Lakh personal loan application.
You must be an Indian citizen with valid KYC documents.
Applicants should be between 21 and 60 years of age.
A credit score of 650 or above is typically expected. A higher score can improve your chances of approval and may help you get better loan terms.
Both salaried and self‑employed professionals can apply. Applicants should have a stable source of income.
A minimum net monthly income of ₹25,000 is required. Some lending partners may have different requirements depending on your type of employment, city of residence, and overall financial profile.
Keep your PAN, Aadhaar, and income documents handy – they help to streamline the verification.
You have to submit a few documents to get a personal loan of ₹1,00,000. These include:
Aadhaar Card, PAN Card, and a recent photograph are accepted.
Aadhaar Card (with current address) or other valid KYC documents serve as valid address proof.
Salary slips for the last 3 months and bank statements establish your repayment capacity.
Most lenders accept your salary slip or an employment certificate as sufficient.
Below are the key charges associated with an instant personal loan ₹1 Lakh. All figures are indicative and finalised by the lending partner at the time of sanction.
| Fee Type | Details |
|---|---|
| Processing Fee | 2% to 5% of the loan amount + GST |
| Interest Rate | Starting from 12.75% per annum |
| Late Payment Penalty | As per the loan agreement |
| Penal Charges | 2% to 3% as per lender terms, levied as a charge and not capitalised, in line with RBI's fair lending norms |
| Bounce Charges | Up to ₹1,200 per instance, as per lender terms |
| Foreclosure Charges | Vary by lender. For example, DMI Finance levies 2% plus GST on the outstanding balance after 5 days, and Credit Saison levies 5% plus GST after 3 days |
| Loan Cancellation Charges | Nil within the cooling-off period, and approximately ₹2,500 to ₹3,000 thereafter, as per lender terms |
| Other Charges | Repayment and duplicate certificate charges of ₹250 to ₹500, and verification charges as levied by third-party agencies |
Applying for a ₹1 Lakh personal loan from Airtel Finance is quick and completely digital. Follow the steps below.
Go to Shop > Airtel Finance.
Enter your basic details and the desired loan amount.
The app fetches lender offers based on your profile.
Verify your identity and link your bank account.
Applying for a Airtel personal loan has never been easier. Follow these simple steps to quickly complete your application and get your loan disbursed directly into your bank account.
Fast approval for medical, travel or urgent payments.
