
₹10 Lakh Personal Loan is Just a Click Away! Discover Fast Approval
₹10 Lakh Personal Loan is Just a Click Away! Discover Fast Approval
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A Rs. 10 lakh Personal Loan is understood as an unsecured loan, as you don't need to pledge any collateral to avail of it. Such a feature makes it a lucrative option for borrowers who might not have assets to use as security. Such a loan amount has zero restrictions on its usage. In addition, lenders usually prefer to approve personal loans to applicants having EMI/NMI ratio of up to 50-55%. Another factors that would considerably influence the loan approval process include the credit score, occupation as well as the employer’s profile.

Monthly Income: At least ₹30,000 per month

Employment Type: Salaried Individual

Credit Score: Minimum 700
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Work Experience: At least 1 year
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Age: 21 to 55 years
One Lakh

Your credit score plays a crucial role in personal loan approval. A score of 700+ is generally considered good.

Lenders prefer applicants with stable employment and a consistent income source.

Always apply for a loan amount that aligns with your repayment capacity and financial goals.

Incomplete documentation is one of the most common reasons for personal loan delays or rejection.

Try to stay clear of all the outstanding debt. If you repay your loans timely, then banks will prefer to lend more loans to you.
Instead of applying directly to multiple banks, apply through a reliable loan marketplace like LoansJagat.

Your credit score plays a crucial role in personal loan approval. A score of 700+ is generally considered good.

Lenders prefer applicants with stable employment and a consistent income source.

Always apply for a loan amount that aligns with your repayment capacity and financial goals.

Incomplete documentation is one of the most common reasons for personal loan delays or rejection.

Try to stay clear of all the outstanding debt. If you repay your loans timely, then banks will prefer to lend more loans to you.
Instead of applying directly to multiple banks, apply through a reliable loan marketplace like LoansJagat.
Click Apply Now and start your loan journey in minutes.
Enter your name, contact, and work information to proceed.
Get instant loan offers based on your profile and credit score.
Submit your PAN, Aadhaar, KYC, and income proof securely online.
Pick the best offer from multiple banks and NBFCs.
Receive quick approval and funds directly in your bank account.
Faqs
All frequently asked questions related to 10 lakh Personal loan