Getting a ₹3 lakh personal loan with a 5-year repayment tenure offers several practical personal loan benefits:

• Affordable Monthly EMIs
  Spread your ₹3 lakh loan across 60 months for manageable monthly payments.
• Quick Digital Approval
  Get loan approval and disbursal within 24 hours through a 100% online process.
• Competitive Interest Rates
  Interest rates starting from 12.75% p.a. with transparent pricing.
• Flexible Usage
  Use funds for any personal need without restrictions or end-use monitoring.
• No Collateral Required
  Avail the loan without pledging any asset or security.

Airtel Finance offers personal loans up to ₹3 lakh with repayment tenures ranging from 3 to 60 months, making a 5-year EMI plan perfect for borrowers seeking lower monthly outflows. The platform leverages partnerships with established financial institutions to provide competitive rates and seamless digital lending.

With minimal documentation and no hidden charges, you get complete transparency on processing fees (2-5% + GST) and loan terms upfront.

Applying for a ₹3 lakh personal loan is straightforward and completely digital:

Step 1: Download and Open the Airtel Thanks App
Access the app on your smartphone to begin your loan journey.

Step 2: Go to the Finance Section
Select ‘Personal Loan’ from the available finance options.

Step 3: Enter Loan Details
Set your loan amount to ₹3 lakh and choose a 5-year repayment tenure.

Step 4: Fill in Personal and Employment Info
Provide basic details to check instant pre-approval eligibility.

Step 5: Upload Required Documents
Use your phone to upload ID, address, and income proofs securely.

Step 6: Complete E-Verification
Verify your application digitally for a quick approval process.

Step 7: Get ₹3 Lakh Disbursed
Receive the loan amount directly in your bank account within 24 hours.

Some crucial personal loan features are as follows:

• Loan Amount Range
  Borrow anywhere from ₹10,000 to ₹9,00,000 based on your eligibility and requirements.
• Flexible Tenure Options
  Choose repayment periods from 3 months to 60 months to suit your financial capacity.
• Competitive Interest Rates
  Enjoy attractive rates starting from 12.75% per annum based on your credit profile.
• 100% Digital Process
  Complete your entire loan journey online without visiting any branch or office.
• Quick Disbursal
  Get the loan amount credited to your account within 24 hours of approval.
• Transparent Pricing
  Clear upfront disclosure of processing fees (2-5% + GST) with no hidden charges.

To qualify for a ₹3 lakh personal loan with a 5-year EMI tenure, you need to meet these personal loan eligibility criteria:

• Age: Must be between 21 and 65 years old
• Citizenship: Indian citizen with valid identification documents
• Income: Monthly income of ₹25,000 or above (salaried or self-employed)
• Work Experience: Minimum 1 year of stable employment or business operation
• Credit Score: Good CIBIL score demonstrating responsible credit behaviour
• Banking: Active bank account for salary credits and loan disbursal

Here are the crucial personal loan documents required for a ₹3 lakh loan for 5 years: