1 Lakh Loan

1 Lakh Rupees Personal Loan

Rs. 1 Lakh Personal Loan

Apply for Rs. 1 Lakh Loan with Minimal Documentation

Have you been planning a holiday or coveting something for a long time? In that case, a personal loan might be just what you need! 

If you are searching for something like ‘I want 1 Lakh rupees loan urgently’ or ‘1 Lakh loan’, read ahead to know why you should get a loan from Moneyview. The best part? The documentations requirements are minimal.

Personal Loans for Every Need

Collateral Free Personal Loans up to ₹10 Lakh

Personal Loan

Top features and benefits of Personal Loan

loan amount

Impressive Loan Amount

Loan amount ranging from ₹5,000 up to ₹10 Lakh

Loans Without Collateral

Loans Without Collateral

No collateral or guarantor required

Rapid Processing

Rapid Processing

Receive your loan within one day

interest rates

Reasonable Interest Rates

Low interest rates starting at 14% p.a.

Eligibility Criteria for Rs. 1 Lakh Loan from Moneyview

You can check if you are eligible for a Moneyview loan in just two minutes by checking the eligibility criteria listed below - 

  • You must be between 21 years and 57 years

  • You must receive a minimum in-hand income of Rs. 13,500, if you are salaried

  • If you are self employed, your minimum in-hand income must be Rs.15,000

  • Income must be credited directly to your bank account

  • You should have a minimum CIBIL score or an Experian score of 650

Documents Required for Rs. 1 Lakh Personal Loan from Moneyview

To apply for a personal loan from Moneyview, you need only three documents: your identity, address, and income proof. The documents that you can submit under each category are listed here - 

  • Confirm/enter your PAN number
  • Ensure that your mobile number is linked to your Aadhaar card for KYC verification
  • Provide a clear selfie taken in a well-lit area

Please note that the documentation requirements will vary based on your profile. We may require proof of address, bank statement, and other supporting documents.

In case we require proof of address, any one of the following documents will suffice -

  • Aadhaar Card
  • Valid Indian Passport
  • Valid Voter ID
  • Valid Driver’s License
  • Utility Bills (Electricity, Water, Gas) dated within the last 60 days

* If we require income proof, you must furnish your bank statement for the last three months. This statement must also show your salary credits.

Personal Loan Calculator

Your monthly EMI is

10,201

per month for 5 months

Total Interest

1,004

Total Amount

51,004

Loan Amount

Min ₹10

Max ₹25,000

Rate of Interest

%

Min 5%

Max 25%

Loan Tenure

Min 3 months

Max 72 months

Rs. 1 Lakh Personal Loan EMI 

Before you apply for any loan, it is a great idea to check your EMI. That way you can plan your finances beforehand, and pay the loan comfortably. 

You can easily check your EMIs by using the Moneyview personal loan EMI calculator. Just input the necessary information, and voila! You’ll have the answer in seconds.

The following is a table describing how much your Rs.1 Lakh personal loan EMI will be depending on the tenure you chose. For this example, let us assume that the rate of interest is 16% per annum.

Loan Amount Interest Rate (p.a.) Tenure (in months) EMI Total Interest Paid

Rs.1,00,000

16%

6

Rs.17,453

Rs.4,718

12

Rs.9,073

Rs.8,877

24

Rs.4,896

Rs.17,511

36

Rs.3,516

Rs.26,565

48

Rs.2,834

Rs.36,033

60

Rs.2,432

Rs.45,908

As you can see, with a longer tenure, your EMI decreases but the total interest you pay increases. Thus, you need to take this into account while deciding the perfect tenure according to your requirement. 

Need Quick Cash?

Conclusion

Personal loans are versatile and easy to avail. While the amount offered varies from one lender to another, Moneyview provides loans from Rs. 5,000 to Rs. 10 lakhs with minimal documentation requirements. Not only that - the entire application process is online and can be done from anywhere across India. So what are you waiting for? Visit the Moneyview loan app or on the website within a timeframe of 2 business hours.

Personal Loan Based on Your Budget

Personal Loan Based on Your Salary

Personal Loan Based on City

Frequently Asked Questions

If you take a Rs.1 Lakh personal loan at an interest rate of 16% per annum for 2 years, your EMI will be Rs.4,896. You can use our personal EMI calculator to find this out.
Getting a loan depends on a lot of factors like your credit score, your income, and your employment status. If you meet the required criteria, you can easily get a loan of any amount. 
Once your loan application has been processed, your loan amount will be disbursed to your account within 24 hours, in most cases. 
At Moneyview, we use a unique algorithm to understand a borrower’s creditworthiness. You can easily get a personal loan from Moneyview with a CIBIL score or an Experian score of 650.
You may be able to get a personal loan without income proof depending on your eligibility. Your credit score also plays a role in determining if you qualify for a loan without income proof.

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