Skip to Content
 Personal Loan

Plan your expenses 
with a Personal 
Loan of upto ₹1 Cr

Manage your unexpected expenses with ease — flexible tenure and instant digital approval.

  • Tenure upto 108 months
  • No hidden charges
  • Offers for new customers
  • Loan of upto ₹1 Cr
  • No guarantor / no collateral
  • Flexible options as per your need

EMI Calculate    Apply Now

Personal Loan EMI & Eligibility Calculator
Smart Lending Logo

Personal Loan EMI Calculator

₹
50K25L50L75L1Cr
%
7%14%21%28%35%
Tenure auto-adjusted to valid limits (Min: 6 Months, Max: 8 Years / 96 Months).
Monthly EMI
₹0
Total Interest₹0
Total Payable₹0
EMI Start Date—
EMI End Date—
Includes full month-by-month repayment schedule
Smart Lending · Personal Loan Calculator

Eligibility

  • Indian citizen
  • Age: 21–60 years*
  • Salaried employee (Public, Private, or MNC)
  • CIBIL Score: 650+
  • Minimum monthly salary: ₹25,001* (*Subject to city and lender criteria)

Required Documents

  • Aadhaar / Passport / Voter ID / Driving Licence / NPR Letter / NREGA Card
  • PAN Card
  • Employee ID
  • Last 3 months' salary slips
  • Last 3 months' bank statements

About Personal Loan

A Personal Loan is an unsecured loan that helps individuals meet financial requirements such as medical expenses, travel, education, wedding costs, home renovation and other planned or urgent needs. Since no collateral is required, approval is generally based on income, repayment capacity and credit history. Personal Loans come with flexible repayment tenure, competitive interest rates and convenient EMI options.

Maintaining a healthy CIBIL score may improve loan eligibility and approval chances.

Minimum CIBIL Score Required

A good CIBIL score plays an important role in Personal Loan approval and interest rate eligibility. While the minimum required score may vary depending on the applicant profile, a higher credit score generally improves the chances of approval. A score of 750 and above is preferred.

What can a Personal Loan be used for?

  • Medical emergencies and hospital expenses
  • Wedding-related expenses and celebrations
  • Home renovation or interior upgrades
  • Domestic or international travel plans
  • Higher education or skill development courses
  • Purchase of gadgets, appliances or lifestyle products
  • Managing unexpected financial requirements

Do's and Don'ts

Do's


  • Check EMI affordability using a Personal Loan EMI Calculator
  • Maintain a healthy credit score for better eligibility
  • Read the applicable fees, charges and repayment terms carefully
  • Submit accurate income and employment details during application
  • Pay EMIs on time to maintain a strong repayment history


Don'ts

  • Avoid borrowing more than your repayment capacity
  • Do not apply for multiple loans simultaneously without requirement
  • Avoid delaying EMI payments or missing due dates
  • Do not ignore the total borrowing cost including charges and interest
  • Avoid sharing sensitive banking or OTP details with unknown sources

Documents required to apply online

Salaried individuals

  • Proof of identity and residence
  • Latest 3 months' bank statement (where salary is credited)
  • Salary slips for the last 3 months
  • PAN Card and Aadhaar Card


Self-employed individuals

  • Proof of identity and residence
  • Income proof (audited financials for the last 2 years)
  • Latest 6 months' bank statement
  • Office address proof
  • Proof of residence or office ownership
  • Proof of continuity of business