25 Lakh Loan

A Rs. 25 Lakh personal loan can help you sail through any financial emergency be it home renovation, higher education, wedding, medical urgency, and so on. Personal loans are a great way to deal with any cash crunch as they do not require you to pledge any collateral in the form of a property, gold, etc. You can repay these loans in usually up to 5 years tenure and they come at affordable interest rates too. All you need to do is apply for the loan online and submit some basic documents.


Apply for Rs. 25 Lakh Personal Loan Online

You can easily avail of a Rs. 25 Lakh loan online through various modes like from the official website of the lender, mobile app, or MyMoneyMantra. Almost every bank and non-banking financial company (NBFC) in India offers personal loans to salaried as well as self-employed individuals. Applying for a personal loan of 25 Lakhs online is easy, instant and hassle-free. You just need to open the official website or mobile app of the loan provider, fill in the online application form, provide the required documents, and click on submit. Once your loan application is approved and you agree with the terms and conditions of the lender, the funds will be transferred to your bank account within a few hours.

Eligibility Criteria for Rs. 25 Lakhs Personal Loan

If you wish to apply for a personal loan upto 25 Lakhs, you will have to meet the following eligibility criteria first:

  • Age: You must be at least 21 years old or above when applying for the loan and below 65 years when the loan matures.
  • Employment: Usually most of the lenders offer personal loans to only salaried individuals as their income and job are more stable that non-salaried applicants. However, some lenders have specific personal loan products to cater to the needs of self-employed professionals and non-professionals. Usually the interest rate for self-employed are on a higher side than salaried applicants. 
  • Income: The minimum income requirement for salaried employees for a Rs. 25 Lac loan is usually Rs. 25,000 or above. For self-employed individuals, an annual income of Rs. 5 Lakhs is mandatory to be eligible for a personal loan.
  • CIBIL score: CIBIL score determines your creditworthiness and loan repayment eligibility and that is why lenders require yuo to have a credit score of 750 or above to be eligible for a personal loan. Some NBFCs may also allow personal loans to persons with a credit score of below 750. However, the interest rates for these loans are generally higher as the risk associated with such borrowers is higher for the lender.

*The eligibility criteria for Rs. 25 Lakhs personal loan, such as the age, income, and credit score requirements varies from lender to lender.

Documents Required for Rs. 25 Lakh Loan

If you need 25 Lakhs loan, you must meet the eligibility criteria mentioned above and furnish the following set of documents along with the duly filled in and signed application form and recent passport size photographs:

  • Identity proof: The identity proof documents typically include any photo identity document issued by the Indian government like a passport, PAN card, driving license, voter ID card, aadhar card, etc.
  • Address proof: The address proof includes documents like aadhar card, driving license, voter ID card, passport, etc.
  • Income proof for salaried employees: Salaried applicants must submit their last 2 months’ salary slips/ salary certificate issued by the current employer, Form 16, income tax returns, and bank statements of their salary bank account for the past 6 months as income proof. 
  • Income proof for self-employed: Self-employed persons must submit their trade license, GSR registration certificate, and last 2 years’ income tax returns and financial statements as income proof.

Top Banks for Rs. 25 Lakhs Personal Loan

BanksInterest Rates
PNB Personal Loan11.40%
SBI Personal loan11.15%
Navi Personal Loan9.9% onwards
ICICI Bank Personal Loan10.50%
Kotak Personal Loan10.50%
HDFC Personal Loan10.65%
Bajaj Finserv Personal Loan11% onwards

The Personal Loan Interest Rates given above may vary depending upon the borrower’s requirement for the loan, their age, income, occupation, credit score and other factors.

How to Apply for a Rs. 25 Lakh Personal Loan?

You can apply for a 25 Lakh loan for business or personal financial requirements by following the steps mentioned below:

  • Visit MyMoneyMantra or official website of the personal loan provider of your choice. 
  • Go to the personal loan page and select the desired product.
  • Fill in the online application form by entering all the required details like your name, contact number, email
  • address, income, required loan amount, repayment tenure, etc.
  • Submit the required documents including your KYC documents, income proof, residence proof, etc.
  • On approval by the lender, you will get the Rs. 25,00,000 loan credited to your bank account in a few hours.

What to Do with a Rs. 25 Lakh Personal Loan?

You can utilise a personal loan upto 25 Lakhs for a variety of purposes including the ones mentioned below:

Vacation: You can get a personal loan for travel and go to any destination of your choice across the world. The loan covers all your travel expenses including visa & passport, air fare, local transportation, hotel accommodation, meals, activities, and so on. 
Wedding: You can utilise a personal loan for planning a wedding of yourself or your children. In India, you can turn your wedding into a grand celebration with a personal loan for wedding. These Marriage Loans help you cover expenses like venue booking, accommodation of guests, gifts for relatives, shopping, jewelry, catering, and so on. 
Home improvement: If you wanted to give your home a new look a personal loan can be a great option for home improvement. You can ustilise the loan amount for paint, repair work, remodeling, buying new household equipment, furniture shopping, and so on.  
Balance transfer: You can transfer you high-interest personal loan loan to a new lender at attractive interest rate. This facility is called Personal Loan Balance Transfer. Most banks and NBFCs offer this facility. This facility helps in reducing the interest rate on the loan or changing the tenure of the loan. 
Medical emergency: Medical emergencies can occur any time and insurance money may not be enough to cover expensive treatments and checkups. Personal loans are a great tool to cover any unexpected medical emergencies. These loans are instant and easy to get, making it a perfect choice during medical emergencies. 
Debt consolidation: If you have multiple ongoing EMIs and credit card bills, you can opt for a Debt Consolidation Loan (which is a type of personal loan) and conclude all your obligations under a single loan. It is a gret way to pay a single EMI for all your loans each month.

How Do I Calculate My Rs. 25 Lakh Personal Loan EMI?

You can calculate your EMI for 25 Lakhs personal loan for different interest rates and tenures with an online Personal Loan EMI Calculator. Follow the steps given below for EMI calculation: 

  • Open the Personal Loan EMI Calculator available online for 25 Lakh personal loan EMI calculation. 
  • Enter the required loan amount (i.e. Rs. 25 Lakhs in this case).
  • Enter the interest rate as as charged by the lender. 
  • Enter the required tenure of repayment to get the instant personal loan EMI and the amortization schedule.

25 Lakh Personal Loan EMI for 5 Years & 10 Years

Following is the table for 25 Lakh personal loan EMI for 5 years and 25 Lakh loan EMI for 10 years for different banks:

BanksInterest Rates25 Lakh Loan EMI for 5 Years25 Lakh Loan EMI for 10 Years
SBI Personal loan10.30% to 12.30%Rs. 53,487 to Rs. Rs. 55,991Rs. 33,454 to Rs. 36,303
PNB Personal Loan9.80% to 14.15%Rs. 52,872 to Rs. 58,365Rs. 32,761 to Rs. 39,042
ICICI Bank Personal Loan10.25% to 19%Rs.53,426 to Rs. 64,851Rs. 33,385 to Rs. 46,668
HDFC Personal Loan11.25% to 16%Rs. 53,735 to Rs. 67,633Rs. 33,734 to Rs. 49,983
Kotak Personal Loan10.99% to 24%Rs. 54,344 to Rs. 71,920Rs. 34,423 to Rs. 55,120
Bajaj Finserv Personal Loan13% onwardsRs. 56,883 onwardsRs. 37,328 onwards

Additional Info: Check Personal Loan for Women & Apply.

Apply Best Personal Loans offer starting from 10.50%

Now get IDFC First Bank personal loan of Rs. 50000 to Rs. 40 Lakhs ( Rs. 75 Lakhs as per eligibility norms) at lowest interest rate starting from just 10.50% per annum and the processing fee is 0.5% to 2.50% of the sanctioned limit + GST.

25 Lakh Personal Loan FAQs

Which bank is best to get a Personal Loan of Rs. 25 Lakh?


SBI, ICICI, HDFC and PNB are some of the best lenders to avail of personal loans of Rs. 25 Lakhs right now as they offer low-interest rates and long tenure compared to the ther lenders.

What is the interest rate for Rs. 15 Lakh personal loan in India?


Rs. 25 lakh personal loan interest rate varies from 10.50% to 36% p.a. in India.

I want a 25 lakh rupees loan. How to get it immediately?


The best way to get Rs. 25 lakhs immediately is by applying for the loan online through the lender’s website or from our online portal. 

How to get the lowest interest rate on a Rs. 25 Lakh loan?


You can avail of the lowest interest rate on 25 lakhs loan by adding more source of income (like freelance, rent, deposits, spouse's income, etc.). You can also enhance your credit score to get the cheapest interest rate on the loan.

What is the interest rate for SBI Rs. 25 Lakh Loan?


The interest rate for SBI personal loan 25 Lakh ranges from 11.15% to 36%, depending on various eligibility factors and personal loan scheme opted by you.