25 Lakh Personal Loan
A personal loan of Rs. 25 Lakhs can be helpful in many ways. You can use a 25 Lakh loan to pay off hospital bills, a foreign trip, a wedding, business expenses, and so on. In India, many banks and other financial institutions provide a personal loan of Rs. 25 Lakhs at affordable interest rates starting from as low as 10% p.a., for a flexible tenure of up to 96 months. You can use the 25 Lakh personal loan EMI calculator to know your EMI before applying for the loan online.
Best Banks & NBFCs for ₹25 Lakh Loan
Below are the top lenders in India that offer 25 lakh personal loans, along with their interest rates and other features:
| Bank/NBFC | Loan Amount | Rate of Interest | Processing Fee | Maximum Tenure |
|---|---|---|---|---|
| HDFC Bank | Rs. 50,000 - Rs. 40 Lakhs | 10.85% - 24% p.a. | Up to Rs. 6,500 + GST | 60 months |
| ICICI Bank | Rs. 50,000 - Rs. 50 Lakhs | 10.85% - 16.65% p.a. | Up to 2% of the loan amount + applicable taxes | 72 months |
| Kotak Mahindra Bank | Rs. 50,000 - Rs. 35 Lakhs | 10.99% - 16.99% p.a. | Up to 5% of the loan amount + taxes | 72 months |
| SBI | Rs. 1 Lakh - Rs. 35 Lakhs | 11.45% - 14.60% | Nil till 31st January 2025 | 84 months |
| Axis Bank | Rs. 50,000 - Rs. 40 Lakhs | 11.1% - 22% p.a. | Up to 2% of the loan amount + GST | 84 months |
| Yes Bank | Rs. 50,000 - Rs. 50 Lakhs | 11.25% - 21% p.a. | Up to 2.5% of the loan amount | 72 months |
| HSBC | Rs. 75,000 - Rs. 30 Lakhs | 10.15% - 16% p.a. | Up to 2% of the loan amount | 60 months |
| Bajaj Finserv | Rs. 20,000 - Rs. 55 Lakhs | 10% - 31% p.a. | Up to 3.93% of the loan amount | 96 months |
| Tata Capital | Rs. 40,000 - Rs. 35 Lakhs | 11.99% - 29.99% p.a. | Up to 5.5% of the loan amount + GST | 72 months |
| Aditya Birla Capital | Rs. 1 Lakh - Rs. 40 Lakhs | 10% - 32% p.a. | Up to 4% of the loan amount | 84 months |
| L&T Finance | Rs. 50,000 - Rs. 30 Lakhs | 11% p.a. onwards | Up to 3% of the loan amount + applicable taxes | 72 months |
Benefits of 25 Lakh Personal Loan
The following are the benefits of taking a personal loan of 25 lakhs:
- No need to pledge any collateral/security to avail of a personal loan.
- You can upload the required documents online for faster approval.
- 25 lakh loan interest rates are highly affordable, starting at just 10% p.a.
- Pre-approved customers can get a personal loan of Rs. 25,00,000 with minimal or even no documents.
- The approved loan limit is disbursed to your bank account instantly.
- You can get a flexible tenure for repayment ranging from 12 to 96 months.
- An instant personal loan takes less processing time than regular loans.
You can calculate your 25 lakh personal loan EMI instantly with the online personal loan EMI calculator.
₹25 Lakh Personal Loan EMI Table (1–10 Years)
Below is the EMI calculation for a ₹25 lakh personal loan at 10% p.a. for tenures from 1 to 10 years:
| Loan Amount | Tenure | Monthly EMI (Approx.) |
|---|---|---|
| ₹25 Lakh | 1 year | ₹2,19,790 |
| ₹25 Lakh | 2 years | ₹1,15,362 |
| ₹25 Lakh | 3 years | ₹80,668 |
| ₹25 Lakh | 4 years | ₹63,406 |
| ₹25 Lakh | 5 years | ₹53,118 |
| ₹25 Lakh | 6 years | ₹46,315 |
| ₹25 Lakh | 7 years | ₹41,503 |
| ₹25 Lakh | 8 years | ₹37,935 |
| ₹25 Lakh | 9 years | ₹35,197 |
| ₹25 Lakh | 10 years | ₹33,038 |
₹25 Lakh Personal Loan EMI for 5 Years
Detailed breakdown for a 5-year tenure:
- Loan Amount: ₹25,00,000
- Rate of Interest: 10% p.a.
- Loan Tenure: 5 years (60 months)
- Monthly EMI: ₹53,118
- Total Interest: ₹6,87,057
- Total Repayment: ₹31,87,057
₹25 Lakh Personal Loan EMI for 10 Years
Detailed breakdown for a 10-year tenure:
- Loan Amount: ₹25,00,000
- Rate of Interest: 10% p.a.
- Loan Tenure: 10 years (120 months)
- Monthly EMI: ₹33,038
- Total Interest: ₹14,64,522
- Total Repayment: ₹39,64,522
25 Lakh Personal Loan EMI Calculator
Lenders use the formula mentioned below for calculating the EMI for 25 lakh personal loan:
EMI = [P x R x (1+R)^N]/[(1+R)^N-1]
Here,
- P = Principal loan amount
- N = Tenure in months
- R = Monthly interest rate
The EMI for a personal loan of Rs. 25 Lakhs depends on the principal loan amount, interest rate, and repayment tenure.
For example, Rs. 25 Lakh personal loan EMI for 5 years tenure at 10% p.a. interest rate will be Rs. 53,118. However, a 25 Lakh loan EMI for 7 years, at an interest rate of 10% p.a. will be Rs. 41,501.
This calculation can be done faster using the personal loan EMI calculator available on our web portal.
25 Lakh Personal Loan Eligibility Criteria
Below are some basic eligibility criteria for a personal loan of Rs. 25 Lakhs:
- Minimum age: 21 years
- Nationality: Indian resident
- Occupation: Salaried or self-employed
- Income: Minimum Rs. 15,000 monthly income
- Credit score: At least 700
Documents Required for 25 Lakhs Loan
The list of documents for a personal loan of Rs. 25 Lakhs is mentioned below:
Documents for Salaried Applicants
- ID & address proof: Aadhaar Card/ Driving License/ Passport/ Voter ID Card/ PAN Card/ Ration Card/ Utility Bills (not older than 3 months)
- Income proof: Salary account statements for the last 6 months, salary slips of the previous 3 months, and ITR/Form 16
Documents for Self-employed Applicants
- ID & address proof: Aadhaar Card/ Driving License/ Passport/ Voter ID Card/ PAN Card/ Ration Card/ Utility Bills (not older than 3 months)
- Income proof: Last 3 years’ bank account statements, last 2 years ITR along with P&L Account Statement, balance sheet & income computation of the last 2 years
- Business proof: Form 26 AS, Income Tax Challan/ TDS certificate (Form 16A) for income tax declared
How to Apply for a ₹25 Lakh Personal Loan
I need 25 lakhs urgently - does this question cross your thoughts too? If yes, below are the steps to apply for a personal loan of Rs. 25 Lakhs online:
- Open the personal loan page on our web portal and choose a personal loan partner based on your requirements and eligibility.
- Click the ‘Apply Now’ button and fill in the online application form by mentioning some basic details.
- After conducting a pre-assessment of your eligibility for the loan of 25 Lakhs, the lending partner will require you to upload some basic documents for the loan application.
- After successfully verifying the provided details, your loan application will be approved by the preferred lender.
- The loan amount will then be disbursed to your bank account.
FAQs
The EMI for Rs. 25 lakhs personal loan depends on the interest rate and tenure. For instance, at a 10% p.a. interest rate for 5 years tenure, the EMI would be approximately Rs. 53,118.
Yes, if you meet the lender’s eligibility criteria and have sufficient documentation, you can easily avail of a 25 lakh personal loan.
The interest rate on a personal loan of 25 Lakhs varies from lender to lender. Usually, the borrower’s eligibility, income, and credit score determine their personal loan interest rates.
The government of India offers a loan of up to Rs. 25 lakhs under the Prime Minister's Employment Generation Programme (PMEGP), for working capital, machinery, and facility construction.
The minimum salary required to apply for a Rs. 25 Lakh loan is at least Rs. 15,000 per month.
The EMI for a 25 lakh personal loan for 5 years may vary depending on the applicable interest rate. For instance, the 25 lakh personal loan EMI for 5 years at 11% p.a. interest rate will be Rs. 54,356.
The EMI for a 25 lakh personal loan for 10 years may vary depending on the applicable interest rate. For instance, the 25 lakh personal loan EMI for 10 years at 10% p.a. interest rate will be Rs. 33,038.