₹9 Lakh Personal Loan EMIs Starting as low as @11% p.a.

Get Personal Loan for ₹ 9 Lakh

If you are thinking, I need 9 Lakh rupees urgently, a 9 Lakh Personal Loan can offer immediate financial support for planned or unplanned expenses. At L&T Finance, you can apply online and get a loan of up to ₹ 30 Lakh with interest rate starting as low as 11% p.a.* for a tenure extending up to 72 months. Be it a child’s wedding, home upgrade, higher education, or emergency medical bills, this amount is ideal to handle all your needs without dipping into your savings.

Why Opt for a ₹ 9 Lakh Personal Loan?

A 9 Lakh loan is useful for funding your urgent needs. Here are some common reasons to choose this loan amount:

Medical procedures and emergency treatments
Destination weddings or religious ceremonies
Paying fees for foreign university admissions
Planning a vacation
Consolidating your debts

Key Features and Benefits of a ₹ 9 Lakh Personal Loan

Simple Online Process – Apply online anytime and from anywhere
Quick Approval and disbursal– Approvals happen in 2 minutes* with immediate funds disbursal
No Collateral Required – You can apply without pledging any asset
Fixed EMIs – Know exactly how much you will pay each month
Flexible Tenures – Repayment periods ranging up to 72 months
Transparent Charges – Know your fees & charges upfront without any hidden surprises

Eligibility Criteria for ₹ 9 Lakh Personal Loan

Type	Criteria
Residency	Indian resident
Age requirement	21 to 58 years
Profession	Salaried or self-employed individuals

Documents Required for ₹ 9 Lakh Personal Loan

Document Type	Required Document & Checks
Identity Proof	Passport \| PAN Card \| Driver License \| Voter ID \| Aadhaar Card
Address Proof	Utility bill of any service provider not more than 2 months old (Electricity, Telephone, Post-paid Mobile Phone, Piped Gas, Water Bill) \| Passport \| Voter ID Card \| Driving License
Income Proof	Income proofs vary for different professionals across salaried and self employed.

Please find the easy detailed list of required documents here

Type	Document
Salaried	Last 3 month's salary slips / Form 16 / Last 3 month's bank statement reflecting salary credits / Salary Certificate
Self Employed	Latest Income Tax Return (ITR)
Bank Statement	Last 3 month's statement is mandatory
Residence Ownership Proof	Not mandatory

Interest Rates & Charges for ₹ 9 Lakh Personal Loan

Type	Interest Rate and Charges
Loan Processing Fees (non-refundable):	Up to 3%* of Loan Amount + applicable taxes
EMI Dishonour/Bounce Charge* *A bounce charge is a charge for (i) dishonour of any repayment instrument; or (ii) non-payment of instalment(s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate	As shown in the table below
Sanctioned Loan Amount	Charges
< ₹ 5 Lakh	₹ 500
₹ 5 Lakh - ₹ 30 Lakh	₹ 1000
Late Payment Charges (LPC)/ Penal Charges:	2% (p.m.) on EMI overdue + applicable taxes
	*LPC revised from 3% to 2% per month on overdue EMI w.e.f. 4th Dec'23
	*Taxes applicable on LPC w.e.f. 1st Apr'24
Part Payment Charges:	Up to 5% of pre-paid amount + applicable taxes
Foreclosure Charges:	5% of POS (Principal Outstanding) + applicable taxes
Legal/ Recovery Charges:	As per actuals
Duplicate NOC Charges:	First 3 paper copies - free of cost
Duplicate NOC Charges:	From 4th Paper copy - ₹250 + applicable taxes
Repayment Swap charges (per swap):	₹500 + applicable taxes (applicable only for branch walk-ins)
Loan Cancellation Charge:	Nil - for 3 days from date of disbursal
Loan Cancellation Charge:	From 4th day - 5%+ applicable taxes (on the outstanding loan amount)
Document Charges:	Nil for Statement of Account (SOA), Repayment Schedule, Foreclosure Letter, Welcome Kit
Annual Maintainance Charges (AMC):	Nil

*Terms & Conditions Apply. All actual charges will be as per Key Fact Statement (KFS) shared by the company.

₹ 9 Lakh Personal Loan EMI for Different Tenures

The table below shows estimated EMIs for different tenures at an interest rate of 11% p.a.:

Loan Amount	Interest Rate (p.a.)	Tenure	EMI (approx.)
₹ 9 Lakh	11%	1 year	₹ 78,709
₹ 9 Lakh	11%	2 years	₹ 42,018
₹ 9 Lakh	11%	3 years	₹ 29,554
₹ 9 Lakh	11%	4 years	₹ 23,437
₹ 9 Lakh	11%	5 years	₹ 19,575

How to Use an EMI Calculator for ₹ 9 Lakh Personal Loan

Using an EMI calculator is simple and effective. Here is how:

Input loan amount (₹ 9 Lakh), interest rate, and desired tenure
Adjust the tenure to see how EMI changes
Review the monthly EMI and total repayment
Check if your salary or business income can comfortably cover the EMI
Use this to fine-tune your application before you apply

It saves time and prevents budget surprises during the loan period.

How to Apply for a ₹ 7 Lakh Personal Loan

Apply for Personal Loan with these steps

1. Apply online in just few minutes

Select Personal Loan and click the 'Apply Now' button to start your seamless digital loan journey.

2. Fill in your details

Enter your personal details, such as income details, current address, and more, to instantly check your loan eligibility.

3. Get your customised offer

Explore personalised loan offers to match your needs. You may also get an option to enhance your offer.

4. Set up E-mandate

Securely provide your bank details to easily register for an E-mandate, ensuring smooth loan repayments.

5. Complete KYC

Verify your identity easily and securely with a quick KYC process from the comfort of your home.

6. Get loan disbursement

Get your loan disbursement directly in your bank account, ensuring fast and seamless access to funds.

FAQs & Support

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What Credit Score Do I Need For an instant 9 Lakh Loan?

A good score is required to apply for an instant 9 Lakh Loan.

How to get an instant 9 Lakh loan?

Apply online with L&T Finance, upload documents, and get approval in minutes. After document verification, your loan will be disbursed quickly into your bank account.