Explore Airtel

    Get Flexi Credit up to ₹9 lakhs ✔️Instant disbursal ✔️100% online process

    Apply Now

    Personal Loan of ₹2 lakh

    Apply for the next ₹2 lakh loan from Flexi Credit by Airtel Finance, for a seamless and completely digital application process. Enjoy the low rate of interest offered by multiple partner banks, flexible repayment tenure and low processing fee with your personal loan. Get instant credit approval and use your personal loan the way you want to, 0 questions asked!

    Benefits of Personal Loan

    Get a loan on your terms. Choose from flexible EMI and tenure options.

    100% digital process

    Submit all your details and documents online.

    Instant Loan approval

    Get your Loan application approved!!

    Flexible EMIs and tenure

    Choose the loan tenure and EMI amount as per your need.

    How to apply for ₹2 lakh Loan?

    Follow the simple steps mentioned below

    Open Airtel Thanks App

    Find Shop > Airtel Finance

    Select Flexi Credit

    Fill in your basic details

    Get best offer

    Basis profile verification

    Complete the KYC

    Link your bank account

    ₹2 lakh Personal Loan EMI Calculator

    After applying for the ₹2 lakh personal loan, use the EMI calculator to understand how your monthly budget will be affected. Manage your finances with the Airtel EMI Calculator.

    Personal loan amount
    Enter the loan amount

     

    Tenure plan
    Choose your tenure plan

    Mo

    Rate of interest
    Adjust your interest rate

    %

    Principal

     

    Interest

     

    Features of ₹2 lakh Personal Loan

    With Airtel Flexi Credit, you get

    Personal loan amount

    ₹10,000 to ₹9,00,000

    Interest rates

    Starting from 11.5% p.a.

    Personal loan tenure

    03 to 60 months

    Credit disbursal

    Within 24 hours

    100% online

    No paperwork

    Low processing fee

    2% to 4% + GST

    ₹2 lakh Loan Eligibility Criteria

    To be eligible for an instant loan, borrowers need to meet some criteria:

    Age must be above 18

    The borrower must be at least 18 years old to be eligible for an instant loan.

    Stable Income Source

    The borrower must have a stable source of income, such as a salary or business income.

    Minimum Credit Score

    The borrower should have a decent credit score to be eligible for an instant loan.

    Other related pages that you might be interested in

    FAQs on 2 lakh Personal Loan

    What is the interest rate for ₹2 lakh personal loan?

    Airtel Flexi Credit offers the 2 lakh personal loan with competitive starting interest rates of 11.5%. Your loan interest rate, determined by the Airtel Thanks App, considers factors like eligibility and CIBIL Score.

    What is the repayment tenure for ₹2 lakh personal loan?

    Your unique eligibility influences the repayment tenure for ₹2 lakh personal loan.

    Can I apply for ₹2 lakh personal loan online?

    You can use the Airtel Thanks App or visit the Airtel Personal Loan website to apply for 2 lakh personal loan online. You need to follow few steps on the Thanks App to get 2 lakh loan


    •     Step 1: Download the Airtel Thanks App.

    •     Step 2: Login using your mobile number.

    •     Step 3: Enter your PAN number.

    •     Step 4: Enter your bank details to receive the loan amount.


    ·      Get your loan amount credited instantly!

    What are the eligibility criteria for obtaining the ₹2 lakh personal loan?

    The eligibility criteria for obtaining ₹2 lakh personal loan depends on having a good credit score, and a stable income record. You must be a resident of India and between the age of 21 to 60.

    How quickly can I expect approval for ₹2 lakh personal loan?

    You can get the ₹2 lakh personal loan immediately with Airtel Personal Loans offered by Airtel Flexi Credit.

    Are there any specific documents required for ₹2 lakh personal loan application?

    Documents required for ₹2 lakh personal loan application are PAN Card, Aadhaar Card, salary slips from the past three months (for salaried individuals), bank statements from the last 3-6 months, proof of income, and Income Tax Returns (for self-employed individuals), official mail ID, and residence proof.

    Is collateral required for ₹2 lakh personal loan?

    No, collateral is not required for ₹2 lakh personal loan.

    What is the Equated Monthly Installment (EMI) for ₹2 lakh personal loan?

    You can use the EMI Calculator on the Airtel Thanks App or on the Airtel personal loan website to determine your monthly EMI for the ₹2 lakh personal loan.

    Can I prepay or foreclose a ₹2 lakh personal loan, and are there any penalties for doing so?

    If you choose to prepay or foreclose your ₹2 lakh personal loan, banks might charge a foreclosure fee usually between 1%-4%.

    Are there any special discounts or offers available for ₹2 lakh personal loan?

    At present, there are no special discounts or offers available for ₹2 lakh personal loan.

    Can self-employed individuals also apply for a ₹2 lakh personal loan?

    Self-employed individuals can apply for ₹2 lakh personal loan. They need to provide bank statements from the last 3-6 months, proof of income, and Income Tax Returns.

    Is there a difference in the application process for salaried and self-employed individuals for ₹2 lakh personal loan?

    The differentiation in the personal loan application process for the individuals is that the salaried employees need to provide salary slips for the last 3 months and the self-employed individuals need to provide bank statements of the last 3-6 months, proof of income, and Income Tax returns.

    What are the consequences of missing an EMI for the ₹2 lakh personal loan?

    If you fail to make an EMI payment, the borrower adds a penalty charge. If you intend to settle your loan early, banks typically impose a foreclosure fee, typically ranging from 1% to 4%. It’s advisable to address these terms before finalizing your loan agreement.

    Can I use the ₹2 lakh personal loan for any purpose, or are there restrictions?

    There are no restrictions. You can use the ₹2 lakh personal loan for any purpose.

    Can I use the ₹2 lakh personal loan for any purpose, or are there restrictions?

    There are no restrictions. You can use the ₹2 lakh personal loan for any purpose.

    Is insurance mandatory for a ₹2 lakh personal loan?

    The lender wants to be sure that someone borrowing money can pay it back. To make sure of this, they might suggest getting an insurance plan along with ₹ 2 lakh personal loan. This helps ensure that the borrower can repay the loan.

    Are there any hidden fees or charges associated with a ₹2 lakh personal loan?

    With Airtel Personal Loans, there are no hidden fees or charges associated with ₹2 lakh personal loan.

    Can I negotiate the interest rate for a ₹2 lakh personal loan?

    Unfortunately, there is no option to negotiate the interest rate for ₹2 lakh personal loan.

    What happens if I face difficulty in repaying the ₹2 lakh personal loan?

    You may contact the bank if you face difficulty in repaying the ₹2 lakh personal loan.

    What is the maximum loan tenure available for a ₹2 lakh personal loan?

    You have the option to request a greater loan amount, up to ₹9 lakhs with Airtel Personal Loan by Airtel Flexi Credit.

    Personal Loan Lending Partner - Airtel Flexi Credit

    Get ₹2 lakh Personal Loan

    If you are looking for ₹2 lakh personal loan, consider using the Airtel Thanks App for a hassle-free application process. With just a few taps on your smartphone, you can initiate your loan request. The Airtel Personal Loan offered through Airtel Flexi Credit serves as a complete solution to meet your financial challenges. Keep in mind that the maximum loan amount you can secure is dependent upon your eligibility.

    Simply enter your information and get various offers to find your loan eligibility. Once you have identified the best loan offer, proceed to choose your desired loan amount and repayment period. The maximum duration for loan repayment will be influenced by your unique eligibility.

    Eligibility Criteria for 2 lakh Personal Loan


    Here are some of the eligibility criteria for 2 lakh personal loan:

    1. Age: You need to be above 18 years old to apply for the 2 lakh loan.

    2. Employment Stability: Consistent employment is an important point. A stable job history is necessary for salaried individuals, while a steady income flow is required for self-employed persons.

    3. Salary Criteria: It is crucial to look at your salary to guarantee that you can repay the loan.

    4. Good Credit Score: A good credit score is important since it represents your creditworthiness. A higher score enhances your loan acceptance.

    5. Indian Nationality: You need to be a resident of India to apply for 2 lakh personal loan.


    How to apply for 2 lakh personal loan?


    To apply for 2 lakh personal loan on the Airtel Thanks App, just follow these simple steps:

    •     Step 1: Download the Airtel Thanks App on your mobile phone.

    •     Step 2: Login using your mobile number.

    •     Step 3: Fill in your PAN number.

    •     Step 4: Enter your bank details to receive the loan amount.

    •     Your loan amount will be credited instantly!


    To apply for 2 lakh personal loan on the Airtel website, follow these steps:

    •     Step 1: Visit the Airtel Personal Loan website.

    •     Step 2: Scroll down to find the QR code to initiate your loan application.

    •     Step 3: Scan the QR code.

    •     Step 4: The QR code will redirect you to the Airtel Personal Loan page.

    •     Step 5: Start filling out your application by entering your details like name, DOB, etc.

    •     Step 6: Input your employment details with PAN and Aadhaar number.

    •     Step 7: Confirm the details you have entered.

    •     Step 8: You will immediately see the loan offers you are eligible for. If not, your online personal loan application will be rejected.

    •     Step 9: Choose one of the loan offers and proceed with the application.

    •     Step 10: Complete the KYC process.

    •     Follow the instructions shown on the screen and complete the personal loan application online.

    •     After getting the approval, the loan amount will be credited to your account within 24 hours.

    •     Open the Airtel personal loan page on your smartphone.

    •     Tap on the ‘Apply for Airtel personal loan’ button.


    Key Features and Benefits of 2 lakh Personal Loans


    Here are the key features of the 2 lakh personal loan:

    •     Flexi credit up to ₹10,000 to ₹9,00,000.

    •     Rate of interest starting from 11.5%.

    •     Personal loan tenure up to 3 to 60 months.

    •     Credit disbursal within 24 hours.

    •     The whole process is paperless.

    •     Low processing fee of 2% to 5% + GST.


    Benefits of the 2 lakh personal loan:

    •     Customise your loan amount, tenure, and EMI according to your requirements.

    •     Easy and seamless money transfer directly to your account.

    •     Fast and hassle-free cashless transaction process.


    Key Documents Required to Apply for 2 lakh Personal Loan


    Key loan documents required to apply for your 2 lakh personal loan are:

    •     Name, address, PAN card, and Aadhar Card number.

    •     Employment information.

    •     Bank details.

    •     Further, you need to complete your online KYC process.


    Fees and Charges for 2 lakh Personal Loan


    Airtel Flexi Credit’s 2 lakh personal loan features a minimal processing fee ranging from 2% to 5%, plus GST. Failure to pay an EMI implies a penalty, and should you wish to settle your loan early, banks may impose a foreclosure fee between 1% and 4%. It is advisable to discuss these terms before proceeding with the loan application.

    What is the Interest Rate of 2 lakh Personal Loan?


    Personal loan interest rates as low as 11.5% are available from Airtel Flexi Credit lending partners. Based on your eligibility, credit score, and other parameters, the Airtel Thanks App will determine an interest rate for you. The Personal Loan EMI Calculator can assist you in calculating your monthly payment based on the short term loan and interest rate.

    Things to Avoid while Applying for 2 lakh Personal Loan



    •     Applying to many lenders: Applying for multiple loans in a short period will drastically harm your credit score.

    •     Failure to make timely credit card payments: If you have other loans or a credit card with a large balance, your loan application will most likely be denied. Other EMIs and credit card fees lower your take-home pay. Keep your credit utilisation to a minimum to get approved for a instant personal loan.


    ·      Ignoring your loan repayment capacity: Make certain that the overall reduction in interest costs overcomes any prepayment fees imposed by your lender, if any.