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How to Get ₹5 Lakh Personal Loan?

Apply for an instant ₹5 lakh personal loan online in 10 minutes.

Personal Loan Up to ₹5 Lakhs

Unexpected expenses or some major occasion coming up? We offer a streamlined way to access a ₹5 lakh personal loan without the usual paperwork and delays. Our digital platform simplifies borrowing by connecting you with trusted lenders, including our in-house NBFC, KrazyBee Services Private Limited, who understand your urgent needs.



From consolidating debt to tackling that dream home renovation, our personal loans empower you to take charge of your money. They are also ideal for handling an emergency, ensuring you manage unexpected expenses without unnecessary stress.

Features and Benefits That Make Borrowing Effortless

At KreditBee, we've designed our personal loans with your convenience in mind. Experience a borrowing journey that's as smooth as it is swift:

How to Calculate your ₹5 Lakh personal loan EMI?

To calculate your EMIs for a ₹5 lakh personal loan, use the slider or enter the loan amount, interest rate, and tenure numbers you want. Click on ‘view EMI schedule’ to know more about the EMIs you may be paying with the breakup of the principal and interest.

Equated Monthly Installments (EMI)

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Total Amt Payable

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How Much EMI Will I Need to Pay for a ₹5 Lakh Personal Loan?

Your monthly EMI on a ₹5 lakh loan will vary based on the chosen loan tenure. Here's an approximate estimate at a 17% interest rate per annum:
Loan Tenure Approximate EMI (₹)
2 Years ₹24,721
3 Years ₹17,826
5 Years ₹12,426
Remember, these are just estimates. Your actual EMI will depend on the specific lender, your credit profile, and any additional fees. KreditBee's platform allows you to compare offers from multiple lenders to find the best fit for your budget and repayment preferences.

Why Opt for a ₹5 Lakh Personal Loan?

A personal loan of up to ₹5 lakh can be your ticket to turning aspirations into reality. Here's how this financial tool can empower you:
  1. Wanderlust Adventures: Plan your dream vacation, explore new cultures, and create unforgettable memories.
  2. Educational Pursuits: Invest in your future or your child's education, opening doors to career advancements and personal growth.
  3. Unforeseen Events: Be prepared for life's unexpected twists and turns, whether it's a medical emergency or urgent repairs.
  4. Retail Therapy: Treat yourself to that long-desired product, upgrade your gadgets, or refresh your wardrobe.
  5. Celebrating Milestones: Make your wedding day truly special, or welcome a new addition to your family without financial stress.
  6. Home Makeover: Transform your living space, adding value and comfort to your home.
With a ₹5 lakh personal loan with KreditBee, you have the flexibility to choose how you utilise the funds. It's not just a loan, it's an investment in your dreams and aspirations.

How to Get ₹5 Lakhs Loan Immediately with KreditBee?

Getting your personal loan should be a smooth process. With KreditBee, it's a simple, six-step process:
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Sign up using your mobile number.

Eligibility and Documents

Criteria to Avail ₹5 Lakh Personal Loan Online

Eligibility Criteria

  • Indian Citizen
  • Age Limit: 21 - 60 years
  • Monthly Income: minimum ₹10,000

Documents Required

  • Photograph (Selfie)
  • Identity Proof (PAN)
  • Address Proof (Aadhaar, Passport)

A single loan for everything you need

Purpose And Uses

Reason or uses a personal loan of ₹5 lakh

Our Loan Products

A loan for every unique need

Flexi Personal Loan

Our Flexi Loan, ranging from ₹1,000 to ₹10,00,000, offers adaptable repayment terms to suit your financial needs, with tenures extending from 6 to 60 months. Apply online, choose your repayment plan, and breathe easy.

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Personal Loan for Self-Employed

Launch new ventures or empower your freelance or gig work with a Personal Loan for Self-Employed. This loan caters to borrowers' financial requirements by offering amounts from ₹1,000 to ₹4 Lakhs and a flexible repayment tenure ranging from 3 to 24 months.

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Personal Loan for Salaried

With a minimum salary of ₹10,000, secure a Personal Loan for Salaried professionals. Access instant online loans ranging from ₹6,000 to ₹10 Lakhs with a hassle-free application process and flexible repayment tenures of up to 6 to 60 months.

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Business Loan

Fuel your business dreams with Business Loans specially designed for small and medium-sized businesses. Get ₹6,000 to ₹5 Lakhs for growth and investment with an easy online application, flexible repayment tenures (6 to 48 months), and fast funding.

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Frequently Asked Questions

Check Eligibility to know your Credit Limit

Get disbursal into your bank account

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Achieve more, worry less. Start your loan journey today with KreditBee