Principal Amount
₹
- 3000
- 5L
Total Interest Payable
- 6
- 38
Loan Term (in months)
- 3
- 72
Your Monthly EMI Is
₹ 0.00
Total Interest
₹ 0.00
Total Amount Payable
₹ 0.00
Get Personal Loans up to 2 Lakhs in 6 minutes
Get Personal Loans up to 2 Lakhs in 6 minutes
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A ₹2 lakh personal loan is an unsecured loan that offers quick access to funds for a variety of needs, such as emergencies, home renovations, or important purchases. Whether it’s a medical emergency, or a financial plan you’ve been saving for, not having the funds available at the right time can leave you in stress.
Today getting a 2 lakh loan has been easier than ever. Thanks to online platforms, you can apply in just a few simple steps. No more long queues or extensive paperwork. Many lenders even provide the option of a loan of 2 lakh without income proof, making it more accessible for individuals who may not have formal documentation at hand. With fast approval and minimal paperwork required, you can get the money you need quickly and securely.
And if you need bigger support like funding a wedding, travel, or higher education, Zype also offers ₹2 lakh loan on Aadhaar card. Get approved in just 60 seconds, enjoy competitive rates starting from 1.5% per month, and repay later with flexible EMIs. Easy to avail, easier to manage!
An instant loan can help you meet all your needs & dreams that come at a price, and this is how it can make that an even better experience for you:
Say goodbye to waiting for days for a loan approval because with our unique underwriting, you can get approved for a loan in 60 seconds.
You can borrow the money you need now & pay later in 6, 9, 12 or 18 EMIs based on your preference.
We offers personal loans at a very competitive interest rate starting at just 1.5% (monthly)
All we need is your PAN & Aadhaar. Apply for a personal loan up to ₹2 lakh in less than 6 minutes without any document uploads or paperwork.
Get instant access to the cash you need without having to worry about your assets because we offers unsecured loans.
Calculating EMI for your personal loan can help you choose your personal loan repayment tenure and compare loan offers across various lenders.
Here is the formula you can use to calculate EMI for a ₹2 lakh loan:
E = 200000 x R x (1+R)^N / [(1+R)^N-1], where
E is your personal loan EMI amount
R is the monthly interest rate
N is the no. of months of EMI payment
Repaying your loan with us is as easy & flexible as applying for it.
We offers personal loan repayment options that are realistic and well suited to your budget so you can comfortably manage your finances. You can borrow the money you need now and pay later in 6, 9, 12 or 18 EMIs, based on your preference.
For example: This is what your repayment tenure will look like when you take a ₹2 lakh instant loan at an 18% annual interest rate.
| Loan Amount (₹) | Interest Rate (%) | Tenure (in months) | EMI (₹) |
|---|---|---|---|
| 200,000 | 18 | 6 | 35,105.04 |
| 200,000 | 18 | 9 | 23,921.96 |
| 200,000 | 18 | 12 | 18,336.00 |
| 200,000 | 18 | 18 | 12,761.16 |
Note: The above table is just for illustration purposes. The actual number may differ.
| Fees & Charges | Amount Chargeable |
|---|---|
| Interest Rate | Starting at as low as 1.5% (monthly) |
| Loan Processing Charges | Processing fees from 2% to 6% on every loan |
| Penalty on Overdue EMIs | Late payment penalty charges & overdue interest will be charged to your total outstanding loan on a daily basis |
Looking for a quick & simple way to get a personal loan? Check out a few simple eligibility criteria of us for getting approved for an instant ₹2 lakh loan!
21 years or above
Indian with a valid PAN & Aadhaar card.
Salaried individual
Monthly income of at least ₹15,000
You only need these to complete your application for an instant loan on our app:
You only need to enter your PAN & Aadhaar number along with a few other details to get a loan offer & to complete your KYC. (Physical copy not required)
You will need to do a selfie-based verification after you’re approved for a loan from us. Since this is real-time photo verification, you don’t need to upload any documents.
You can apply for a higher loan limit here just by uploading your bank statement for the last 4 months.
You can use a ₹2 Lakh Personal Loan for various purposes such as :
Provides quick funds for emergency or planned medical treatments without collateral.
Covers home improvement expenses, letting you upgrade your space without depleting savings.
Helps fund travel expenses, whether domestic or international, allowing you to pay over time.
Specifically designed to finance wedding expenses, from venues to arrangements, easing financial stress on your big day.
Applying for a ₹2 lakh personal loan is quick and hassle-free with Zype. Whether you’re planning a wedding, funding higher education, managing home renovations, or handling medical expenses, Zype makes the process simple. Enjoy a 100% digital journey, instant approvals in minutes, and fast disbursals straight to your bank account. No paperwork or long waits. Just easy access to funds when you need them most. Here’s a simple step-by-step guide to get started:
To calculate the EMI for a ₹2 lakh personal loan on Zype, use the formula EMI = [P × R × (1+R)^N] / [(1+R)^N – 1], where P is ₹2,00,000, R is the monthly interest rate, and N is the tenure in months. Your exact EMI will depend on Zype’s interest rate and the repayment period you choose.
Getting a 2 lakh loan without CIBIL score can be tough, but it’s still possible. Lenders, including Zype, may check other documents like income proof or salary slips to assess your repayment capacity before approving the loan.
You can’t get a ₹2 lakh loan completely without documents due to RBI rules, but with Zype, the process is minimal and paperless. Just provide basic KYC like Aadhaar and PAN, along with your credit score, and if salary slips aren’t available, bank statements or alternative income proof can work.
Yes, you can still get a ₹2 lakh personal loan with a credit score below 700, but the interest may be higher with stricter terms. With Zype, approval also depends on your income and financial profile, and its flexible digital process makes it easier compared to many traditional lenders.
Yes, you can get a ₹2 lakh personal loan if your salary is ₹15,000 but approval depends on your credit score, repayment history, and overall profile. With Zype, you can check your eligible loan limit instantly through a 100% digital process.
You can apply for a ₹2 lakh personal loan easily on the Zype app. Just download it, complete a quick online process with PAN and Aadhaar, and get instant approval with fast disbursal to your bank account.
Your ₹2 lakh personal loan EMI on Zype can be affected by the loan tenure, interest rate offered based on your credit profile, and the repayment structure you choose. A longer tenure lowers EMI but increases total interest, while a shorter tenure means higher EMI but faster repayment.
On Zype, you can take a ₹2 Lakh personal loan and choose a repayment plan that works best for you. The repayment tenure ranges from 6 to 18 months. A shorter tenure helps you clear the loan faster with less total interest, while a longer tenure makes EMIs lighter on your monthly budget. Zype gives you the flexibility to pick what fits your needs.
For a ₹2,00,000 personal loan on Zype, your EMI will depend on the chosen tenure 6, 9, 12 or 18 months) and the applicable interest rate (starting from 1.5% per month). You can use Zype’s app to check the exact EMI instantly before borrowing.
You can get up to ₹2,00,000 instantly with Zype by applying on the app. Complete the 100% digital process in just 6 minutes and, once approved, the funds are credited to your bank account within 24 hours.
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