Personal Loan
Quick, unsecured funding for life's important moments — medical needs, weddings, travel, education or debt consolidation.
Apply NowLoan Amount
₹50,000 – ₹15,00,000
Tenure
6 – 60 months
Interest Rate (APR)
14% p.a.
Processing Fee
Up to 3% of loan amount + GST
Disbursal Time
As fast as 24 hours after approval*
Prepayment/Foreclosure
Part-prepayment not permitted; full foreclosure allowed after 3 EMIs, charges as per policy
*Indicative figures. Actual interest rate, fees and tenure depend on credit assessment and are disclosed in your loan agreement. See our Interest Rate & Fees Policy for full details.
Eligibility Criteria
- • Indian resident aged 21–58 years
- • Salaried or self-employed with regular income
- • Minimum net monthly income of ₹20,000 (indicative)
- • Credit score of 650 or above preferred
- • At least 6 months with current employer/business
- • Valid PAN and Aadhaar
- • Active bank account
Documents Required
- • Identity Proof: PAN Card, Aadhaar Card or Passport
- • Address Proof: Aadhaar Card, utility bill or rent agreement
- • Income Proof: Latest 3 months' salary slips, or ITR for self-employed applicants
- • Bank Statement: Last 3–6 months
- • Photograph: Recent passport-size photo
All documents are collected digitally during the application process — no physical paperwork or branch visit required.
What You Can Use a Personal Loan For
Medical Emergency
Cover unplanned hospital bills or treatment costs without dipping into savings.
Wedding Expenses
Fund wedding costs with a fixed EMI you can plan around.
Travel
Book that trip now and repay comfortably over time.
Education
Pay for courses, certifications or a child's education fees.
Debt Consolidation
Combine multiple high-interest debts into a single, simpler EMI.
Home Renovation
Renovate or furnish your home without a secured loan.
Factors That Affect Your Loan Approval
Credit History
A higher credit score and clean repayment history improve your chances of approval and a better interest rate.
Debt-to-Income Ratio
Lenders prefer your total EMIs (existing + new) to stay within roughly 40% of your monthly income.
Employment Stability
A stable job or consistent business income for 6+ months strengthens your application.
Requested Amount vs. Income
Requesting an amount proportionate to your income leads to faster, smoother approval.
Representative Example
For a loan of ₹2,00,000 at an interest rate of 18% p.a. (APR) for a tenure of 24 months, with a processing fee of 2% + GST:
- • Monthly EMI: approx. ₹9,987
- • Total amount payable: approx. ₹2,39,688
- • Total interest + fees: approx. ₹39,688
This is an illustrative example only. Your actual rate, fees and EMI will depend on your credit profile and will be shared before loan acceptance. Use our EMI Calculator for a personalised estimate.
Personal Loan FAQs
Depending on your income and credit profile, you can borrow between ₹50,000 and ₹15,00,000 through Adarsh Capital.
Yes. Self-employed applicants can apply using ITR and bank statements in place of salary slips.
No, checking your indicative eligibility does not impact your credit score. A credit check is only run once you formally submit your application.
Part-prepayment is not permitted. Full foreclosure is allowed after at least 3 EMIs have been paid; applicable charges are disclosed in your loan agreement and our Interest Rate & Fees Policy.
You may reapply after addressing the reason for rejection (e.g. improving your credit score or providing additional income proof), subject to the Company's credit policy.