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60 Lakh Personal Loan

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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
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto ₹25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Why Choose Paisabazaar?
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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

Features of Rs 60 Lakh Personal Loan

  • Interest Rates starting from 9.98% p.a.
  • Loan tenure ranging from 5-7 years
  • For personal purposes including wedding, travel, education, medical emergency, etc.
  • Collateral-free loans with no end usage restriction
  • Pre-approved loans with instant disbursal
  • Digital processing with minimum or no documentation

Interest Rates for Rs 60 Lakh Personal Loan

Lenders usually offer personal loans at interest rates starting from 9.98% p.a. depending on the credit profile of the applicants. Personal loan interest rates are set after factoring in the monthly income, credit score, job profile and EMI/NMI ratio of the applicant. Note that, some PSU banks might offer lower interest rates as well.

Fees and Charges for Personal Loan of Rs 60 Lakh

  • Processing Fees- Up to 4% of the loan amount
  • Foreclosure Charges- 1% to 5% of outstanding loan amount
  • Penal Charges- 2% per month
  • EMI Bounce Charges- Rs 400 approx.

EMI Calculation for Personal Loan of Rs 60 Lakh for Different Tenures

Below-mentioned is the EMI calculation of personal loan of Rs 60 lakh offered at 9.99% p.a. for different tenures. Applicants planning to avail a personal loan can calculate the EMI and total interest cost payable throughout the loan tenure using online personal loan EMI calculator.

Loan Amount Loan Tenure Interest Rate (p.a.) EMI (Rs)
Rs 6000000 1 year 9.99% 5,27,467
Rs 6000000 2 years 9.99% 2,76,842
Rs 6000000 3 years 9.99% 1,93,575
Rs 6000000 4 years 9.99% 1,52,147
Rs 6000000 5 years 9.99% 1,27,453

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Who can Avail a Personal Loan of Rs 60 Lakh

Lenders usually set their personal loan eligibility criteria depending on the age, monthly income, credit score, employment profile and EMI/NMI ratio of the applicants. Below-mentioned is theeligibility criteria of personal loan applicantsplanning to avail a personal loan of Rs 60 lakh.

  • Age- 18 to 60 years
  • Employment Profile-Salaried and Self-employed
  • EMI/NMI ratio-50-55% including the existing EMIs and EMIs of the proposed personal loan.
  • Credit Score- Usually 750 and above

Documents Required for Availing a Personal Loan of Rs 60 Lakh

Applicants should have the below-mentioned documents while applying for a personal loan:

  • KYC Documents- ID proof and address proof
  • Salary Slip for last 3 months
  • Bank statement for last 6 months
  • ITR for self-employed

Personal Loan Options for Different Loan Amounts

1 Lakh Personal Loan 2 Lakh Personal Loan
4 Lakh Personal Loan 5 Lakh Personal Loan
6 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

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FAQs

The EMI for Rs 60 lakh personal loan offered at 9.99% p.a. for a tenure of 7 years would be Rs 99,576.

Personal loans are unsecured loans. Hence, you need not submit any collateral while availing a personal loan of Rs 60 lakh. However, personal loans are offered at higher interest rates due to their collateral-free nature.

Applicants planning to avail a loan amount of up to 60 lakh should have a very high income in order to repay the loan. However, the minimum income requirement is not specified by any lender, but the EMI/NMI ratio of the applicant should be 50-55% including the existing EMIs and the EMI of the proposed personal loan.

You can avail a personal loan of Rs 60 lakh at low interest rates if you have a credit score of 750 and above. However, individuals having a low credit score can also avail personal loans but at a higher interest rate.

You can avail a personal loan of Rs 60 lakh for a tenure of up to 5 years. However, some lenders also offer personal loans for longer tenure.

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What our customers say

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026

Meri shaddi thi

Shadi mai bht kharche hote hai. Maine shaddi ke liye personal loan paisabazaar se liya tha. Process smooth tha or interest bhi sahi milla.

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Sadia KhatunJan 15, 2026

Travel ke liye personal loan liya tha

Mai bohot din se out of India ghumne jana chahti thi lekin jab jane ka time mila toh budget kaam padh raha tha, Paisabazaar se personal loan leke bht acha trip kiya. Maza agaya. Mere upar koi burden bhi nhi padha

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Tarini RoyJan 14, 2026

Easy personal loan available

Took personal loan. Good experience.

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Ruchika TiwariJan 14, 2026

Medical Emergency thi, loan jaldi mil gya

Muhje ek medical emergency ke liye personal loan lena padha. Paisabazaar pe bht jaldi or smooth process tha. time pe kaam agaya.

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Raj SinghJan 13, 2026

Compare karke sahi rate mila

Loan offers jab comapre kiya toh pata chala konse loan lene se muhje sahi mai faida hoga. Isiliye Paisabazaar muhje best laga.

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Akrity PandeyJan 5, 2026

Personal loan fatfat mai mil gaya

Muhje paiso ki urgent need thi. Paisabazaar se loan jaldi or sahi rate pe mil gaya.

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Riya MehraJan 5, 2026

Loan from Paisabazaar was actually paperless

I always used to think that the paperless loan is a myth. But on Paisabazaar, I applied for the pre approved loan from IDFC Bank and all documentation was already done. I just filled the form, did kyc and my loan was approved and disbuursed one the same day.

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Tanmay BorkatakiDec 12, 2025

Best place for a small loan

I have take loan of 60-70000 three times from paisabazaar in 4 years and every time it has been a very good experience. They provide the loan without failure and have also helped me improve my cibil.

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Aridaman Singh ParhichaDec 11, 2025
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