For Salaried Individuals
- Indian resident aged between 21 and 60 years
- Employed with a private company, public sector undertaking, or government organisation
- Minimum monthly income as per lender requirements
- Credit score of 700 or above
Today's Gold Rate
is₹15,513.02
+0.58%
Personal Loan
Apply for Personal Loan Online Starting at 9.99%* p.a.
- Get up to ₹50 Lakhs*
- Same-day disbursement
- No collateral required
- Multiple loans offers
Part of The Manipal Group
Built on 90+ years of trust and legacy
Fast Disbursal
Funds disbursed within 24 to 72 hours*
Unsecured Loan
No collateral or third-party guarantee required
24/7 Support
Expert assistance at every step of your journey
Online Personal Loan - Fast, Flexible and Fully Digital
Life is full of moments that require immediate financial support, whether it's an unexpected medical expense, a dream wedding, home renovation, travel plans, or a time-sensitive business opportunity. A personal loan can help you access funds quickly without dipping into your savings or pledging any assets. With Manipal Fintech, you can get an instant personal loan of up to ₹10 lakhs at attractive interest rates starting from 9.99% p.a. The entire process is completely digital, requiring only your Aadhaar and PAN details. No collateral, no branch visits, and no lengthy paperwork, just a seamless application process that takes only a few minutes. Designed for both salaried and self-employed individuals across India, our personal loan offers the flexibility to borrow anywhere from ₹50,000 to ₹10 lakhs. Choose a repayment tenure that suits your needs, ranging from 9 to 60 months, along with a convenient EMI date. Plus, with zero foreclosure charges, you have the freedom to repay your loan early whenever you're ready.
Benefits of Getting an Instant Personal Loan with Manipal Fintech
Every personal loan is unique, just like your financial needs. What distinguishes Manipal Fintech personal loans from traditional bank loans is the speed, ease, and flexibility to borrow without collateral. Here’s what you can expect when you apply with us.
Zero Foreclosure Charges
Repay your personal loan early, in full or in parts, without paying a single rupee in exit fees. No lock-in, no penalty. Close your loan the moment you’re ready.
Flexible Repayment Options
Choose a repayment tenure between 9 and 60 months. Set your own EMI date. Adjust the loan amount until the monthly payment fits your budget. Monthly payments (EMIs) can be set up via auto debit for convenience and timely payments, just ensure you maintain sufficient balance in your bank account to avoid penalties or late fees.
Swift Disbursal
30 Minutes* Once approved, the loan amount is credited directly to your linked bank account. No cheque, no waiting, no follow-up calls required. Processing fees are fully transparent and typically range from 0% to 5.9% of the loan amount, so you always know the total cost upfront.
Pre-Approved Personal Loan
Top-Up After you’ve repaid a portion of your loan, you may qualify for a pre-approved personal loan top-up – instant additional funds without a fresh application or credit check.
Bank-Grade Security
Your data is encrypted at every touchpoint. Manipal Fintech follows RBI-compliant data protection standards – your financial information is never shared without your consent.
Minimum Documentation
Your Aadhaar number, PAN number, and KYC are all you need to apply for a personal loan online. No uploading documents. No scanning. No courier. The process is fully transparent, and all costs are communicated before approval.
Apply for a Personal Loan Online in just 3 Easy Steps
STEP 1
Select Your Loan Type
Click 'Apply for Personal Loan' and enter your registered mobile number.
STEP 2
Fill Out the Application Form
Verify your identity with OTP and fill in your basic personal and income details.
STEP 3
Complete Prerequisites
Choose your loan amount, preferred tenure, and EMI date.
STEP 4
Get loan details
Once you complete and submit your loan application, our expert team connects with you for further process.
Do the calculations yourself for best results
Quickly calculate your loan amount, interest rate, and repayment schedule with our advanced AI-powered calculator.
Personal Loan EMI Calculator
₹
3 L5 Cr
%
5%30%
4 Years
1 Year30 Years
Estimate EMI ₹63,406*
*All rates and amounts are tentative and subject to change at any time.
Payable Amount:
₹30,43,510.01
Principal:
₹25,00,000.00
Interest:
₹5,43,510.01
Personal Loan Eligibility
Getting a personal loan with Manipal Fintech is simple and hassle-free. To be eligible, applicants must meet the following criteria:
For Self-Employed Individuals
- Indian resident aged between 21 and 65 years
- Self-employed professional, business owner, or freelancer with a stable source of income
- Business operational for the minimum period specified by the lender
- Credit score of 700 or above
Factors that influence eligibility
Age and employment status
Monthly income and repayment capacity
Credit score and credit history
Existing loan and credit card obligations
Stability of employment or business
Factors that influence eligibility
- Age and employment status
- Monthly income and repayment capacity
- Credit score and credit history
- Existing loan and credit card obligations
- Stability of employment or business
Applicants with a CIBIL score below 700 may still qualify under select partner schemes. A higher income, co-applicant, or strong repayment history on existing obligations can improve your chances.
Documents Required For Online Personal Loan
We are proud to partner with India’s most trusted banks and NBFCs to provide hassle-free financial services to everyone.
Aadhaar Number
It is used for application and identity verification
PAN Card Number
It is used for checking your credit bureau score and credit related details.
ITR/Form 16
For salaried individuals, provide income proof of the last 2 years' ITR/Form 16 and the latest 3 months' salary slip.
Address Proof
Driving license, Passport, Aadhaar, etc.. (Office / business )
Bank Account
It will be used to disburse the personal loan amount
Personal Loan Interest Rates & Charges
No hidden charges. No fine print surprises. Manipal Fintech always shows you the complete cost before you commit.
| Charges | Amount |
|---|---|
| Interest Rate | 9.99% – 35% p.a. (Interest rates vary based on creditworthiness; higher credit scores generally qualify for lower rates) |
| Processing Fees | 0% – 5.9% of loan amount + applicable GST |
| Foreclosure Charges | May apply based on outstanding loan amount and lender policy (Many lenders allow pre-closure/foreclosure with a cooling-off period and specific charges) |
| Part-Payment Charges | May apply based on outstanding loan and lender terms |
| Late Payment Penalty | As per lender terms |
| Cheque Bounce Charges | As per lender terms |
| Loan Cancellation | Nil (within cooling-off period) |
Get the Best Interest Rate on Your Personal Loan
The interest rate on your personal loan is determined by several factors, including your CIBIL score, monthly income, repayment capacity, and chosen loan tenure. A strong credit profile reflects responsible borrowing behavior and can help you secure more competitive interest rates and quicker approvals.
Applicants with a CIBIL score of 750 or above and a stable income generally have a better chance of qualifying for interest rates at the lower end of the available range. Maintaining a healthy credit score, low existing debt, and a consistent repayment history can help you access more favorable loan terms.
Use our Personal Loan EMI Calculator to estimate your monthly instalments and understand the overall cost of borrowing based on different loan amounts, tenures, and interest rates.
Interest rates are indicative and subject to change. The final rate offered will be determined by the lending partner based on its credit assessment and underwriting policies at the time of loan sanction.
Real Stories. Real Trust. Real Finance.
Hear from business owners across India who found the right funding - without any delays.
Customer testimonials scroll automatically.
I applied for a personal loan at 9.99% and honestly didn’t expect it to be this smooth. The sales officer Priya called me within 10 minutes, walked me through everything, and the money was in my account before lunch. No runaround, no waiting. Manipal Fintech made what I thought would be a stressful process completely effortless.
Harish M
Mumbai
I applied for a personal loan at 9.99% and honestly didn’t expect it to be this smooth. The sales officer Priya called me within 10 minutes, walked me through everything, and the money was in my account before lunch. No runaround, no waiting. Manipal Fintech made what I thought would be a stressful process completely effortless.
Harish M
Mumbai
I applied for a personal loan at 9.99% and honestly didn’t expect it to be this smooth. The sales officer Priya called me within 10 minutes, walked me through everything, and the money was in my account before lunch. No runaround, no waiting. Manipal Fintech made what I thought would be a stressful process completely effortless.
Harish M
Mumbai
I applied for a personal loan at 9.99% and honestly didn’t expect it to be this smooth. The sales officer Priya called me within 10 minutes, walked me through everything, and the money was in my account before lunch. No runaround, no waiting. Manipal Fintech made what I thought would be a stressful process completely effortless.
Harish M
Mumbai
I applied for a personal loan at 9.99% and honestly didn’t expect it to be this smooth. The sales officer Priya called me within 10 minutes, walked me through everything, and the money was in my account before lunch. No runaround, no waiting. Manipal Fintech made what I thought would be a stressful process completely effortless.
Harish M
Mumbai
Most Asked Questions in General
We got answers to your questions related to our personal lon offers.
Who is eligible to apply for a personal loan through Manipal Fintech?
Anyone between 21 and 60 years of age, with a CIBIL score of 700 or above, who is either salaried or self-employed is eligible to apply for a personal loan online through Manipal Fintech. Indian citizenship or residency is required.
Can I get a personal loan for a low CIBIL score?
A CIBIL score of 700 and above is the standard eligibility requirement. However, applicants with low CIBIL score situations - between 650 - 699,may qualify under select partner schemes, particularly if they have high income, a co-applicant, or income statement.
Check your eligibility →What is the interest rate on a personal loan?
Personal loan interest rates at Manipal Fintech start from 9.99% p.a. - among the lowest interest rates available on personal loans in India. Your exact rate depends on your CIBIL score, income, loan amount, and tenure. A higher score and stable income typically qualify for a rate at the lower end of the range.
How quickly can I get an instant personal loan?
Once your application is submitted and verified, instant personal loan approval typically takes under 30 minutes to 1 hour.. Disbursal to your linked bank account follows within 30 minutes. The entire process - application to money in account, is completed online, without a branch visit. Please note: the application process and turn around time depends on the different lenders.
Can I apply for a personal loan online on my phone?
Yes. The entire personal loan application process is mobile-first and takes under 10 minutes. Download the Manipal Fintech personal loan app or visit website www.maniaplfintech.com navigate to personal loan section, enter your details and submit required documents.
What is the maximum amount I can borrow as a personal loan?
You can borrow up to ₹10 lakhs through Manipal Fintech. The exact amount sanctioned depends on your monthly income, CIBIL score, existing obligations, and the lending partner's assessment criteria.
Are there any foreclosure or prepayment charges?
None. Manipal Fintech personal loans come with zero foreclosure and part-payment charges after the cooling-off period. You can repay your loan in full or in part at any time during the tenure without additional cost. However, if you choose to close the loan during the cooling-off period, applicable charges may apply and are calculated based on your outstanding loan amount or outstanding principal at the time of closure, as is standard with many lenders.
What documents do I need to apply for a personal loan?
To apply, you need to submit the correct personal loan documents, which include your Aadhaar number and PAN number for identity verification, as well as income proof such as bank statements or salary slips. These loan documents—identity proof, address proof, and income proof—are essential for meeting eligibility criteria and ensuring quick approval and fund disbursal.
Is there a personal loan EMI calculator available?
Yes. Use Manipal Fintech personal loan EMI calculator, to estimate your monthly payment before you apply. Enter the loan amount, interest rate, and tenure to see your EMI, total interest payable, and total repayment amount — instantly. You can also use the quick calculator in the widget above.
Which is the best personal loan app in India for instant disbursal?
Manipal Fintech is trusted by over 4.5 lakh customers across the country, making it one of the best online personal loan app in India for instant approval, transparent process, and high customer satisfaction. Backed by the 90+ year legacy of the Manipal Group, we offer secure, transparent, and reliable financial services.