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Get an online loan of ₹3 lakhs easily with Airtel Finance Personal Loan. Enjoy an online loan application process and instant disbursals. Get a multipurpose online loan which can be used for weddings, travel, medical emergencies, higher education, or any other personal need.
Fulfil all your financial requirements with a personal loan of ₹3 lakhs at your disposal. Plus, enjoy easy repayments with a flexible choice of tenure and affordable interest rates. With Airtel Personal Loan, getting a personal loan of ₹3 lakhs is as simple as ABC.
A personal loan of ₹3 lakhs can be the right solution for your financial needs. Some reasons to take the loan are as follows –
Airtel Finance offers affordable interest rates on its personal loan of ₹3 lakhs. The interest rates start from 12.75% p.a., making the loan affordable. You can get a good deal on the interest rate if you have a good credit score and favourable eligibility parameters.
| Year | Principal | Interest | TotalPayment | Balance | Loan Paid to Date |
|---|---|---|---|---|---|
| 2024 | ₹87,618 | ₹33,247 | ₹1,20,865 | ₹2,12,381 | 29.21% |
| 2025 | ₹99,466 | ₹21,399 | ₹1,20,865 | ₹1,12,916 | 62.36% |
| 2026 | ₹1,12,916 | ₹7,949 | ₹1,20,865 | 0 | 100% |
Calculate the expected EMIs of your instant personal loan of ₹3 lakhs before you apply. Adjust the loan details and find the most affordable EMIs for easy repayments.
Personal loan amount
Enter the loan amount
Tenure plan
Choose your tenure plan
Rate of interest
Adjust your interest rate
Principal
Interest
Personal loan amortization is the process of paying off a loan in regular installments over a specific time. Each payment includes both interest and principal, helping to lower the outstanding balance. An amortization schedule shows each payment, detailing how much goes toward interest and how much reduces the principal. This helps borrowers manage their repayments and plan their finances.
Here is the example of ₹3 lakhs loan for a tenure of 1 year at interest rate of 12.75%
| Year | Principal (A) | Interest (B) | TotalPayment (A+B) | Balance | Loan Paid to Date |
|---|---|---|---|---|---|
| 2024 | ₹3,00,000 | ₹21,120 | ₹3,21,120 | 0 | 100% |
| Jan | ₹23,573 | ₹3,188 | ₹26,760 | ₹2,76,427 | 7.86% |
| Feb | ₹23,823 | ₹2,937 | ₹26,760 | ₹2,52,605 | 15.80% |
| Mar | 24,076 | ₹2,684 | ₹26,760 | ₹2,28,528 | 23.82% |
| Apr | 24,332 | ₹2,428 | ₹26,760 | ₹2,04,197 | 31.93% |
| May | 24,590 | ₹2,170 | ₹26,760 | ₹1,79,606 | 40.13% |
| Jun | 24,852 | ₹1,908 | ₹26,760 | ₹1,54,754 | 48.42% |
| Jul | 25,116 | ₹1,644 | ₹26,760 | ₹1,29,639 | 56.79% |
| Aug | 25,383 | ₹1,377 | ₹26,760 | ₹1,04,256 | 65.25% |
| Sep | 25,652 | ₹1,108 | ₹26,760 | ₹78,604 | 73.80% |
| Oct | 25,925 | ₹835 | ₹26,760 | ₹52,679 | 82.44% |
| Nov | 26,200 | ₹560 | ₹26,760 | ₹26,479 | 91.17% |
| Dec | 26,479 | ₹281 | ₹26,760 | 0 | 100% |
Find out what makes Airtel Personal Loan stand out
Apply online and upload your documents for quick sanctions
Enjoy easy disbursals within minutes of applying for the online loan
Choose from a flexible tenure option for affordable EMIs
Are you eligible for a personal loan of ₹3 lakhs? Check out the important eligibility parameters to get your loan application easily approved.
You should be at least 18 years and above
You must have a stable source of income from employment or business
A good credit score is a must to apply for a personal loan
You have to submit some documents to get a personal loan of ₹3 lakhs. These documents are as follows -
| Aadhaar Card | PAN Card | KYC documents |
| Bank Statements | Salary Slips | Your Photo |
Check out some of the salient features of the instant personal loan from Airtel Finance -
Personal Loan
Low interest rates
Repayment tenure
Loan disbursal
100% digital process
Low processing fee
Applying for a personal loan of ₹3 lakhs from Airtel Finance is simple and quick. Just follow the below-mentioned process for easy loan applications:
The interest rates change based on principal and tenure. At Flexi Credit by Airtel Finance, the rate of interest starts at 11.5%.
You can choose your own loan repayment tenure for ₹3 lakh personal loan.
Yes, you can apply for ₹3 lakh instant personal loan online with the Airtel Thanks App.
There is no fixed eligibility criteria for obtaining a personal loan. However, ensure that you provide the right documents and the right information while applying for a personal loan.
When you are applying for a personal loan from Airtel Flexi Credit, you will get instant credit approval.
You will not need any specific documents for your personal loan application. Just your name, address information, PAN card number, and Aadhaar card number.
You will not need to provide any collateral for ₹3 lakh personal loan.
The EMI for ₹3 lakh personal loan depends on the rate of interest offered to you. Check for the EMIs using a personal loan EMI calculator.
Yes, you can always foreclose your ₹3 lakh personal loan, but you will have to pay a small fine for it. To know more, contact your bank.
There are no special discounts or offers available for ₹3 lakh personal loan.
Yes, self-employed individuals can also apply for ₹3 lakh personal loan.
Yes, self-employed individuals can also apply for ₹3 lakh short term personal loan.
No, the personal loan application procedure remains the same for everyone.
If you miss out on an EMI payment, you will have to pay fines. Regular non-payment of EMIs may lead to legal implications.
There are no restrictions. You can use the ₹3 lakh personal loan for any purpose.
No, insurance is not mandatory for a ₹3 lakh personal loan.
There are no hidden charges or fees with the ₹3 lakh personal loan. You will just have to pay a low processing fee of 2% to 5%+GST.
You can try to negotiate for a lower rate of interest. Otherwise, you may increase the loan tenure or principal to get a lower rate of interest with your personal loan.
It is important that you always repay your loan. Use a favourable EMI option so that you can easily pay back your loans.
The tenure on your personal loan depends on a lot of other factors. However, the maximum loan tenure for personal loans with Airtel Flexi Credit is set at 60 months.
Getting your next ₹3 lakh loan can now be a piece of cake. While there are multiple instances why you may need an instant credit boost, should applying for credit and getting it readily be really this difficult? Additionally, the current banking model – where you go to banks, fill up forms, wait in lines and finally get your loan – is quite tedious.
Introducing Personal Loan by Airtel Finance, the one answer to put all your loan application scares at ease. Now, you can apply for your next personal loan from the comfort of your home. Simply apply for ₹3 lakh personal loan from your phone, enter all the details and get instant credit approval. Apply for your next ₹3 lakh personal loan from the Airtel Thanks App and have the smoothest ever loan journey.
