Paisabazaar Logo - Compare loans and credit cards

6 Lakh Personal Loan

Icon image of Wide Choice

Wide Choice

Icon image of Quick Disbursal

Quick Disbursal

Icon image of SmartMatch

SmartMatch

Icon image of Digital Process

Digital Process

Illustration

Apply Personal Loan Online

Customer Rating

4.2/5

2839 Reviews

51M+Satisfied Customers
65+Lending Partners
800+Cities across India

Find Best Personal Loan Offers

Sort by:

HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max. Loan Amt.Upto ₹25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee₹ 6,500
Axis Bank
Low Processing fee
Max. Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Lowest Income requirement100% Digital Process*
Max. Loan Amt.Upto ₹25L
Rate of Interest9.98% - 17.2%
Tenure upto1-5 Years
Processing Fee1.1% - 1.5%

Quick Links

Why Choose Paisabazaar?
image of Compare & Choose the <strong>Best Offer</strong>

Compare & Choose the Best Offer

image of Pre-approved Offers with <strong>Instant Disbursals</strong>

Pre-approved Offers with Instant Disbursals

image of Know Your <strong>Chances of Approval</strong>

Know Your Chances of Approval

image of End-to-End <strong>Digital Process</strong>

End-to-End Digital Process

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Interest Rates for 6 Lakh Personal Loan

Lenders usually offer personal loan interest rates starting from 9.98% p.a. onwards to applicants availing a loan amount of Rs 6 lakh. However, some PSU banks might offer a lower interest rate to their personal loan applicants. Lenders usually set their interest rates after factoring in the monthly income, credit score, EMI/NMI ratio, job profile, etc.

6 Lakh Personal Loan Eligbility

The personal loan eligibility criteria of individuals depends on the age, monthly income, credit score, employment profile, employer’s profile and nationality of the applicant. Below-mentioned is the common eligibility criteria set by most lenders for their personal loan applicants.

  • Minimum age at the time of loan application- 18 years
  • Maximum age at the time of loan maturity- 60 years
  •  Minimum Monthly Income- Rs 25,000
  • Employment Profile- Salaried and Self-employed
  • EMI/NMI ratio- 50-55% including the EMI of the existing loan and the proposed loan
  • Credit Score- Usually 750 and above

Documents Required for 6 Lakh Personal Loan

  • ID Proof- Aadhaar card, PAN card, Passport, Driving License, Voter ID
  • Address Proof- Aadhar card, PAN card, Utility bills, Voter ID, Driving License
  • Salary slips for last 3 months and bank statement for last 6 months
  • ITR for self-employed individuals

EMI of Rs 6 Lakh Personal Loan

Loan Tenure  Loan Amount (Rs) Interest rate (p.a.) EMI (Rs)
1 Year 600000 9.99% 52,747
2 Years 600000 9.99% 27,684
3 Years 600000 9.99% 19,357
4 Years 600000 9.99% 15.215
5 Years 600000 9.99% 12,745

Swipe to see more table data

Avail Personal Loan For
All Your Needs

Avail Personal Loan Banner

How to Apply for 6 Lakh Personal Loan through Paisabazaar

Prospective borrowers can apply for 6 lakh personal loan either through the official website of Paisabazaar or through Paisabazaar app. Applicants planning to apply for 6 lakh personal loan can follow the below-mentioned steps.

Through the Official Website of Paisabazaar:

  • Visit the official website of Paisabazaar
  • Enter your mobile number and employment type
  • Enter the OTP and fill in the required details
  • View curated offers from various lenders

Through the Paisabazaar app:

  • Log in to Paisabazaar app
  • Check the pre-approved offers on the dashboard
  • Click on personal loans and fill in the required details
  • View curated offers from our partner lenders and choose the best-suited offer.

Explore Personal Loan Offers for Various Loan Amounts

1 Lakh Personal Loan 2 Lakh Personal Loan
4 Lakh Personal Loan 5 Lakh Personal Loan
3 Lakh Personal Loan 10 Lakh Personal Loan
15 Lakh Personal Loan 20 Lakh Personal Loan
30 Lakh Personal Loan 40 Lakh Personal Loan
50 Lakh Personal Loan 75 Lakh Personal loan

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Explore Our Personal Loan Lenders

HDFC BANKHDFC BANKAxis BankAxis BankKotak Mahindra BankKotak Mahindra BankICICI BankICICI BankFederal BankFederal BankIDFC First BankIDFC First BankIndusind BankIndusind BankRBL BankRBL BankTata CapitalTata Capital
View All Partners

Avail Personal Loan For
All Your Needs

Avail Personal Loan Banner

FAQs

The total interest cost of Rs 6 lakh personal loan at 9.99% p.a. for tenure of 5 years is Rs 1,64,716.

Lenders usually offer personal loan interest rates starting from 9.99% p.a. depending on the credit profile of the applicant with some PSU banks offering lower interest rates, irrespective of the loan amount.

Personal loan lenders usually offer a tenure of up to 5 years with some lenders offering a loan tenure of up to 7 years as well.

You can apply for a personal loan of Rs 6 lakh through the official websites of banks and NBFCs or through their mobile apps. Prospective borrowers can also visit Paisabazaar app to compare the interest rates and other offers by various lenders and apply for the one best suiting your requirements.

Personal Loan Articles

Importance of No Dues Certificate in Personal Loan Closure - Article image

Importance of No Dues Certificate in Personal Loan Closure

icon image of Paisabazaar
Paisabazaar02 Sept 2025
Loan rejected despite high income? Here’s what you need to know - Article image

Loan rejected despite high income? Here’s what you need to know

icon image of Paisabazaar
Paisabazaar19 Aug 2025
Personal Loan for First Time Borrowers: What Customers Must Know - Article image

Personal Loan for First Time Borrowers: What Customers Must Know

icon image of Paisabazaar
Paisabazaar04 Aug 2025
How I Saved Rs 22,000 on My Personal Loan through Prepayment - Article image

How I Saved Rs 22,000 on My Personal Loan through Prepayment

icon image of Bhumika Khandelwal
Bhumika Khandelwal31 Jul 2025
How Have Personal Loans Advanced Over the Past few Years - Article image

How Have Personal Loans Advanced Over the Past few Years

icon image of Paisabazaar
Paisabazaar17 Jul 2025
Factors To Consider While Selecting a Personal Loan Lender - Article image

Factors To Consider While Selecting a Personal Loan Lender

icon image of Paisabazaar
Paisabazaar16 Jul 2025
Instant Personal Loan Apps: Avoid These 5 Pitfalls - Article image

Instant Personal Loan Apps: Avoid These 5 Pitfalls

icon image of Bhumika Khandelwal
Bhumika Khandelwal16 Jul 2025
Reasons for Delay in Personal Loan Processing - Article image

Reasons for Delay in Personal Loan Processing

icon image of Paisabazaar
Paisabazaar09 Jul 2025
APR vs Interest Rate in Personal Loans: What’s the Difference? - Article image

APR vs Interest Rate in Personal Loans: What’s the Difference?

icon image of Bhumika Khandelwal
Bhumika Khandelwal07 Jul 2025
Tips to Choose an Ideal Personal Loan Tenure - Article image

Tips to Choose an Ideal Personal Loan Tenure

icon image of Paisabazaar
Paisabazaar07 Jul 2025
View All Articles
quotes icon

What our customers say

Excellant EMI calculator and expert assistance available

The EMI calculator helped me choose the right repayment plan. Clear guidance at every step made the loan process really easy.

icon image of avatar
Mohit YadavDec 3, 2025

Fully Digital Process for Real.

Loved the real-time loan status updates.Everything was handled online — didn’t have to visit any branch.

icon image of avatar
Gautam BakshiDec 3, 2025

Lower Rate than My Own Bank

Got a lower interest rate than my bank was offering.Smooth digital verification and quick disbursal.

icon image of avatar
Shivani SuryaDec 3, 2025

Pre-approved offers with quick approval

I liked how Paisabazaar showed pre-approved offers without affecting my credit score. Customer support was prompt and helped me close the loan quickly.

icon image of avatar
Suraj VermaDec 3, 2025

Same day approval. wow.

The loan was approved the same day — super smooth and transparent process.

icon image of avatar
Shiv KumarDec 3, 2025

Multiple offers in Minutes

Paisabazaar helped me compare multiple loan offers in minutes, and I got the best rate without any paperwork.

icon image of avatar
Ankita BajajDec 3, 2025

Itna Badhiya Rate and Service Hai!

Apke yaha itna acha interest rate mil gya market mei sabse kum and service toh aur bhi achi h. thank you.

icon image of avatar
Mohit SinghDec 2, 2025

Best Interest Rate Offer

Got the best interest rate on your website. Best assistance and seamless experience.

icon image of avatar
Aniket SinghDec 2, 2025

Best Marketplace to Shop for Loans

Your website is the best to apply for a personal loan. Got my loan disbursed within 3 days. So easy and hassle-free.

icon image of avatar
Nikita SharmaDec 2, 2025

Fast loan approval

I got my loan approved within 24 hours. The process was fast, transparent, and reliable, exactly what I was looking for.

icon image of avatar
Pragati ShuklaDec 2, 2025
View All Testimonials
Vandana Punj profile
Written ByLinkedIn icon
Vandana Punj
Shamik Ghosh profile
Reviewed ByLinkedIn icon
Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers