Top Offers - Personal Loan up to Rs. 2 Lakh

LoanTap offers various customised Personal loans for Rs. 2 Lakh

EMI-free

EMI Free

Interest only payment every month (40% lower monthly installment versus regular EMI) coupled with Bullet Payment every 3/6 months towards Principal. Ideal when: You receive additional income or an incentive every 3-6 months
Apply Now
EMI-free

Step Up

Interest only Payment for 3 months followed by fixed EMI. Gives you space to manage expenses post an event. Ideal when: Heavy expenditure is involved in a particular event such as Wedding or a Medical Emergency.
Apply Now
EMI-free

Term Loan

Repayment done via Fixed Equated Monthly Installments, where EMI=Principal + Interest. Each Installment reduces both interest and Principal amount. Ideal when: You know the precise Loan Amount needed and your income is consistent.
Apply Now

Why take LoanTap’s Personal Loan for Rs. 2 Lakh?

For the aspiring millennial population of India, LoanTap brings a range of offers on Personal loan up to Rs. 2 lakh. Be it purchasing a new Laptop or furniture for a new home, this personal loan is most suitable to meet any kind of financial needs at the most cost effective terms. Avail Upto INR 2,00,000 in less than 24 hours !

Instant approval & disbursal

Instant approval & disbursal

Easy online process for loan sanction and fast disbursal within 24-36 hours
Flexible Repayment Option

Flexible Repayment Option

Flexibility to switch to EMI free loan, enhancement and accelerated repayment option after 6 months of disbursal
Higher Loan Amount

Higher Loan Amount

Option to choose from amount ranging from INR 50,000 to INR 10,00,000 basis your requirement
Longer Loan Tenure

Longer Loan Tenure

Flexibility to choose longer loan tenure from 6 months to 60 months making EMIs more affordable
Minimum documents

Minimum documents

We collect only what is basic minimum for all our custom personal loan products
Transparent Process

Transparent Process

No hidden charges, No pre-payment charges and secured processes
Eligibility criteria for Personal Loan Up to Rs. 2 Lakhs
  • Individuals with a minimum income of INR 30,000 are eligible to get a Loan Up to Rs. 2 Lakhs
  • Indian Citizen/Residents who are 21 years & above
Documents required for Availing a Personal loan up to Rs. 2 Lakhs
  • PAN Card
  • Salary Slips (last 3 months)
  • Salary Account Bank Statement (3/6 months)
  • Address Proof (If differs from permanent address)

Things you can Fund with Rs. 2 Lakh Personal Loan

Gadgets

Gadgets

Gadgets

If you are looking forward to purchasing the latest gadgets or wish to indulge in new upgrades, this personal loan up to Rs. 2 Lakh is a perfect fit for your financial needs. You can choose the personal loan EMI free offer to fund the purchases of the latest, top hand gadgets like Laptop or Play store console.

Apply Now

School fees

School fees

School fees

If you wish to pay the annual school fees of your child and do not want to strain your monthly budget at once, Personal loan Term is the best choice. You can pay off the school fees at once and pay in easy EMIs!

Apply Now

Furniture

Furniture

Furniture

If you wish to refurbish your home with the latest designed furniture and your purchases are priced up to INR 2,00,00 a Personal loan – Overdraft is a good option. You do not need to depend on credit cards for your purchases, instead enjoy credit card-like facilities at lower interest rates.

Apply Now

Your Personal Loan, Your Way!

Avail our personal loans through your preferred platform and enjoy unmatched convenience at your fingertips…

Apply Using
Website
Apply Using
Our App
iOS
Apply Using
WhatsApp

Blogs

Short term Personal loans - Answering a Few common questions
Short term Personal loans - Answering a Few common questions
03/07/2020
Arrow icon
Personal Loans to Meet your Financial Needs
Personal Loans to Meet your Financial Needs
26/10/2019
Arrow icon

LoanTap offers Personal Loans for amounts of Rs. 25K - 10L for tenures ranging from 3 Months - 5 Years.
We charge a Processing Fee of only 2% (+ taxes). Our interest rates range from 18% to 30% p.a., based on the type of loan, customer profile, and other related factors.

Example:
On a personal loan of Rs. 1 lakh at a rate of 18% per annum, for a tenure of 36 months, the EMI amount will be Rs. 3,615