₹2 Lakhs Personal Loan

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Get a Personal Loan for ₹2 Lakhs Instantly

Whether it's an unexpected emergency, medical expenses, home makeover, or a special celebration, Tata Capital is ready to help with instant personal loans of up to ₹2 lakh, giving you the financial freedom you need when you need it most. With a smooth and quick application process, attractive interest rates, and fast disbursal, you can fulfil your financial needs efficiently. Our loan options are designed to provide convenience and quick approvals, ensuring you can meet your goals without delay. Achieving your aspirations is now more accessible than ever.

Apply for ₹ 2 Lakhs Personal Loan in India

Use Tata Capital’s online personal loan EMI calculator to easily compute your monthly payments. Simply input the loan amount, interest rate, and repayment tenure to get an estimate of your EMIs before applying.

Loan amount

₹

₹75,000 ₹35,00,000

Loan duration

1 Years 6 Years

Rate of interest

10% p.a 19% p.a

Monthly EMI

Total Amount Payable

0*
Total Interest Payable

0*

Total Amount Payable

Total Interest Payable

Apply Now

Features and Benefits of Personal Loans for ₹2 Lakhs

Flexible EMI

Choose an EMI plan that fits your financial situation. With repayment options available for up to 6 years, you can select a pace that is comfortable for you.

Digital Process

Enjoy a hassle-free, completely digital application process. Skip the paperwork and save time with our user-friendly online system, making applying for your loan quick and efficient.

Attractive Interest Rates

Benefit from competitive interest rates, making loan repayments manageable and stress-free. Pay affordable monthly instalments without financial strain.

Minimum Documentation

We require minimal paperwork to begin. You’ll only need essential documents like proof of income, KYC details, and employment records to get started.

No Collateral

Our Rs. 2 lakh personal loan is unsecured, meaning no collateral is necessary. This ensures a fast and straightforward process for securing your funds.

Eligibility Criteria for ₹2 Lakhs Personal Loan

In order to qualify for a Rs. 2 lakh personal loan with Tata Capital, salaried individuals must meet certain requirements, including steady income, employment status, and other key factors.

1. Age: Applicants must be between 21 and 58 years old.

2. Monthly Income: A minimum monthly income of ₹15,000 is required.

3. Work Experience: A minimum of 1 year of professional experience is necessary.

Documents Required for ₹2 Lakh Personal Loan

Photo ID Proof: (Voter ID, Passport, Driving License, or Aadhaar Card)

Address Proof: (Voter ID, Passport, Driving License, or Aadhaar Card)

Bank Statement: (previous 3 months)

Proof of at least one year of consistent employment

Salary Slips: (previous two months)

Interest Rates of ₹2 Lakhs Personal Loan

Processing Fees	Up to 4% of the amount + GST.
CCOD Annual Maintenance Charges (For customers opting for a flexible funding option like PL Overdraft)	The charges include 0.25% of the reduced assigned limit or Rs. 1,000 (whichever is higher), payable at the end of the 13th month.
Collection Charge	If a cheque issued for payment is from a non-local branch, Tata Capital levies outstation collection charges on an "At Actuals" basis.
Statement of Accounts (hard copy for branch walk-in requests)	Rs. 250 + GST. You can download the statement for free from the online portal.
Loan Cancellation Charges (post disbursement)	2% of the loan amount or Rs. 5,750 (whichever is higher).
Payment Instrument Swapping Charges (eMandates/post-dated cheques from another account for EMI repayment)	Rs. 550 + GST per instance.
Duplicate Repayment Schedule	Rs. 550 + GST per instance.
Duplicate No Objection Certificate (NOC)	Rs. 550 + GST per instance.

How to Apply for a Personal Loan for ₹2 Lakhs?

Visit the website

Go to Tata Capital’s official website and enter your mobile number other card details.

Enter Loan Requirements

Choose your desired loan amount within the pre-approved limit.

Fill in Personal Details

Provide your personal and banking information.

Set Up E-Mandate

Authorise a one-time eMandate for EMI payments.

Opt for Insurance

Choose to opt for insurance that covers loan liabilities in case of an emergency.

Loan Disbursement

Review the e-Agreement, verify the details, and receive your loan amount promptly.

Apply Personal Loan by Amount

FAQs on ₹2 Lakhs Personal Loan

You must be between 21 and 58 years old, earning at least Rs. 15,000 monthly, and have at least one year of professional experience.

If you meet Tata Capital's eligibility criteria, including income, age, employment status, and credit score, you can secure your loan.

The EMI for your Rs. 2 lakh loan will be dependent on the loan amount, interest rate, and tenure. Use our online EMI calculator for an estimate.

While Tata Capital requires minimal documents, you’ll still need essential ones like identity proof, income verification, and employment details to get started.

You can use alternative documents such as Form 16, bank statements showing salary deposits, or the most recent ITR acknowledgment as proof of income in the absence of salary slips.

At Tata Capital, we offer personal loans of up to Rs. 2 lakh with no collateral required, allowing you to access urgent funds without putting your assets at risk.

To confirm your financial stability, simply provide valid documents like your recent salary slips, bank statements showing salary deposits, Form 16, or the latest ITR acknowledgment. These documents will hasten up the approval process and ensure everything goes smoothly.

Although you can apply for a personal loan with a low credit score, it may reduce your chances of approval since your credit score reflects your financial reliability. A higher credit score, especially one above 725, offers several benefits:

1. Quicker loan approval.

2. Longer repayment periods with smaller, more manageable EMIs.

3. Access to better interest rates.

4. Increased chances of securing a pre-approved loan.

You can apply for an instant loan using your Aadhaar card and PAN card as part of the required documentation at Tata Capital. For salaried individuals, the necessary documents include:

1. Completed application form with a recent photograph

2. Proof of identity and address

3. Self-attested copy of your PAN card

4. Proof of income

5. Bank statements

Tata Capital’s pre-approved loan service offers quick access to funds. Apply online and receive the loan amount quickly after approval.