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Apply for a personal loan of Rs 20 lakh through paisabazaar. Check the interest rates and other offers by various lenders. Explore the pre-approved offers by our partner lenders and apply according to your requirements.
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Voucher on disbursalCheck Personal Loan Offers Online
Customer Rating
2839 Reviews
Wide Choice
Curated offers from 30+ lenders
Quick Disbursal
Money in your account instantly
SmartMatch
Offers ranked according to eligibility
Digital Process
Hassle-free & paperless
Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
End-to-End Digital Process
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
Individuals applying for a personal loan of Rs 20 lakh can avail interest rates starting from 9.98% p.a. Some PSU banks might offer personal loans at a lower interest rate as well. The interest rates are offered depending on the credit profile of the applicants.
Below mentioned is the eligibility criteria of personal loan applicants set by banks and NBFCs.
Applicants should have the below-mentioned documents during personal loan application:
Personal loan applicants can use the online Personal Loan EMI Calculator to calculate the EMI and interest cost payable throughout the loan tenure. Below-mentioned is the EMI of Rs 20 lakh personal offered for various tenures at 9.99% p.a.
| Tenure | Loan Amount (Rs) | Interest Rate (p.a.) | EMI (Rs) |
|---|---|---|---|
| 1 year | 2000000 | 9.99% | 1,75,822 |
| 2 years | 2000000 | 9.99% | 92,281 |
| 3 years | 2000000 | 9.99% | 64,525 |
| 4 years | 2000000 | 9.99% | 50,716 |
| 5 years | 2000000 | 9.99% | 42,484 |
Swipe to see more table data
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 BANK
Axis Bank
Kotak Mahindra Bank
ICICI Bank
Federal Bank
IDFC First Bank
Indusind Bank
RBL Bank
Tata Capital
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Last updated: 15 September, 2025
Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners
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