To apply for a ₹2 Lakh personal loan instantly, check your eligibility on the Moneyview app using your mobile number. Use the funds for a home repair, a family wedding, or to grow your small business!
With interest rates starting at 14% per annum, a ₹2 Lakh loan offers flexible repayment tenures of up to 60 months and requires zero physical documentation or asset security.
100% Paperless Eligibility Check
Attractive Loan Amount
Get loans from ₹5,000 to ₹10 Lakh based on your eligibility
Collateral Free Loans
You can get a personal loan through Moneyview without any collateral or a guarantor
Fast Disbursal
The loan amount is disbursed to your bank account within 24 hours of approval
Affordable Interest Rates
Interest rates starting from just 14% per annum
It is natural to want to know your EMI amount as this will help you plan out your finances. You can easily find out your EMI without any hassle by using the personal loan EMI calculator.
Just add in the relevant details and find out your EMI amount instantly.
Here’s an example of what the EMI for a ₹2,00,000 loan would be if availed at an interest rate of 18% per annum.
|
Loan Amount |
Interest Rate (p.a.) |
Tenure |
EMI in ₹ |
Who is it best for? |
|---|---|---|---|---|
|
₹2,00,000 |
18% |
1 year (12 months) |
₹27,503 |
High earners who want to clear debt quickly and pay the absolute lowest total interest. |
|
2 years (24 months) |
₹14,977 |
Balanced option for steady professionals who want freedom from debt without heavily strangling their monthly cash flow. |
||
|
3 years (36 months) |
₹10,846 |
The Sweet Spot: Best for perfectly balancing a low monthly interest while maintaining a safe cash backup. |
||
|
4 years (48 months) |
₹8,813 |
People whose monthly salary is around ₹25,000 to ₹30,000. |
||
|
5 years (60 months) |
₹7,618 |
People who need to keep their monthly commitment ultra-low to protect their savings. |
What will your EMI amount be?
1
Assess Your Eligibility
Quickly check if you are eligible on the Moneyview platform in only 2 minutes!
2
Pick Your Repayment Duration
Select the desired loan sum and repayment period from the options provided.
3
Share Your Documents Online
Share only essential documents for profile verification, easily uploading them digitally.
4
Funds Disbursed
Once your application is validated and the loan agreement finalized, funds will be transferred to your bank within 24 hours!
Vijay from Trichy earns ₹38,000 a month working at a logistics firm. A year ago, his mother required urgent medical treatment.
In a panic, Vijay swiped his credit card for ₹1.4 Lakh. Because he couldn't pay it back in full, he started paying only the minimum due amount every month.
However, with the high interest rates of credit cards on unpaid balances, his debts started piling up. To keep up with the ballooning card bills, he took two quick ₹30,000 loans from short-term lending apps.
By early this year, Vijay was shelling out nearly ₹16,000 every month just in interest and penalties, yet his actual loan balance wasn't dropping by a single rupee. He was completely trapped.
Finally, Vijay used a ₹2 Lakh personal loan from Moneyview’s lending partners at interest rates starting at 14% p.a. to clear his credit card and both loan apps in one single day.
If you are juggling multiple small payments across different apps, using a ₹2 Lakh loan to reset your financial slate is one of the smartest moves you can make.
Our lending partners provide some of the market's most fair and affordable interest rates. The fees for ₹2 Lakh personal loans are -
|
Fees and Charges |
Amount Chargeable |
|---|---|
|
Interest Rate |
Starting from 14% per annum |
|
Loan Processing Charges |
Starting from 2% of the approved loan amount |
|
Penal Charges on Overdue EMI |
24% per annum plus applicable taxes, if any |
|
NACH Bounce |
₹500/- each time |
Loan Amount
Min ₹5,000
Max ₹6,000,000
Rate of Interest
Min 6%
Max 36%
Loan Tenure
5
months
Min 3 months
Max 72 months
In order to get ₹2 Lakh personal loan through Moneyview, you will need to fulfill the following eligibility criteria -
The borrower should be between 21 and 57 years of age
They must earn a minimum of ₹25,000 or more monthly
Income must be credited directly to their bank account
They must have a minimum CIBIL score of 650
For a personal loan of ₹2 lakh, the bare minimum documentation is as follows:
Your PAN number
Your mobile number will have to be linked to your Aadhaar card for KYC verification
You must also enable the auto-debit facility on your bank account in order to permit automatic withdrawals from your account. Use a debit card, net banking, or a NACH form to finish this quick procedure.
The auto-debit facility will enable you to pay your EMIs automatically each month, eliminating the need for manual intervention.
Need Quick Cash?
A ₹2 Lakh loan gives you the leverage to plan big moves, whether that means clearing out minor debts that are draining your focus, or investing in your family's long-term comfort.
Getting a ₹2 lakh personal loan has never been easier. Take the simple, transparent route. Check out Moneyview’s partner lenders’ easy application process, minimal documentation, and affordable interest rates, anyone who fulfils the required eligibility criteria can avail affordable personal loans. Visit the Moneyview website or download the app and apply today.
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Disclaimer
The starting interest rate depends on factors such as credit history, financial obligations, specific lender's criteria and Terms and conditions. Moneyview is a digital lending platform; all loans are evaluated and disbursed by our lending partners, who are registered as Non-Banking Financial Companies or Banks with the Reserve Bank of India.
This article is for informational purposes only and does not constitute financial or legal advice. Always consult with your financial advisor for specific guidance.
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