Need an Instant ₹80,000 Personal Loan Urgently?
EMI Starting at just ₹45/- per day
Get ₹80,000/- instantly in your bank account in minutes.
Features & Benefits of Getting a ₹80,000 Personal Loan through Kreditbazar
Your ₹80,000 Quick Personal Loan Solution
Instant Loan Approval Process
Access a ₹80,000 personal loan quickly through Kreditbazar’s streamlined approval process. With the support of our NBFC partners, we ensure a hassle-free experience, so you can handle your financial needs on time with minimal effort.
Easy Online Application Process
Forget the lengthy paperwork and visit requirements! Kreditbazar offers a completely online application process, so you can apply for your ₹80,000 personal loan conveniently from anywhere, anytime.
Minimal Documentation Required
Our NBFC partners simplify the process by asking for only essential documents, such as ID proof, income proof, and recent bank statements, ensuring a faster and more efficient loan application.
No Collateral Required
No collateral? No problem! Kreditbazar partners with NBFCs that provide unsecured personal loans, meaning you don’t need to pledge any assets to secure a ₹80,000 loan.
Fast Disbursement Within Hours
Time is money, and with Kreditbazar, you won’t lose either. Approved ₹80,000 loans are disbursed within hours, allowing you to meet your financial obligations without unnecessary delays.
Flexible Repayment Tenure
Choose from a range of repayment options that suit your budget. With Kreditbazar’s NBFC partners, you have the flexibility to pick the tenure that works best for your financial planning.
Easy EMI Calculator for ₹80,000 Personal Loan
Estimate your EMIs instantly with Kreditbazar’s user-friendly calculator and plan your loan repayment with precision.
Loan EMI
₹ 24,959
Total Interest Payable
₹ 34,90,279
Total Payment
(Principal + Interest)
₹ 59,90,279
Your monthly instalment:
₹888
Purpose & Uses of a ₹80,000 Personal Loan
A ₹80,000 personal loan can be used for:
Fees & Interest Rates for ₹80,000 Personal Loan
Kreditbazar offers access to personal loans with competitive interest rates and transparent fee structures. By partnering with multiple NBFCs, we provide a range of loan options tailored to your financial requirements.
| Fee Type | Amount |
|---|---|
| Rate Of Interest | Starting from 16% p.a. on a reduced balance basis |
| Processing Fee | Starting from 2% of the loan amount plus GST |
| Tenure | 3 to 36 months |
| APR | Starting from 18% |
| Bounce Charge | ₹500 plus GST |
| Late Payment Charges | ₹500 plus GST or 3% of the total loan amount, whichever is higher as per the overdue amount |
| Stamp Duty | 0.1% of the loan amount |
| Mandate Rejection Charges | ₹250 plus GST |
| Pre-Clouser Charges | Nil |
Documents Required to Avail of a ₹80,000 Personal Loan
Keep the following documents ready for a smooth process:
Identity Proof
Passport/Aadhaar card/ PAN card/driver's license
A Selfie
A clear picture of yours with proper lighting
Address Proof
Passport/rent agreement/ utility bills/voter’s ID
Proof Of Income
Bank statements/salary slips for the last 3 months
Eligibility Criteria for ₹80,000 Personal Loan
To apply for a ₹80,000 personal loan through Kreditbazar’s NBFC partners, you must:
Age
Above 21 and below 55 years
Minimum In-Hand Salary
Metors - ₹25,000 | Non-Metors-₹30,000
Resident
A resident of India
FAQs on ₹80,000 Personal Loan
Get Answers to All Your Questions About Applying for and Managing a ₹80,000 Personal Loan.
-
How can I apply for a ₹80,000 personal loan through Kreditbazar?
You can apply online by filling out the application form on the Kreditbazar website, which connects you with partnered NBFCs.
-
What are the eligibility criteria for a ₹80,000 personal loan?
Eligibility typically includes having a stable income, a good credit score, and meeting the documentation requirements set by the partnered NBFCs.
-
What documents do I need to provide for a ₹80,000 personal loan?
Required documents usually include identity proof, address proof, income proof, and bank statements.
-
How long does it take to get approval for my loan application?
Approval times can vary but are typically quick, often within a few hours to one business day.
-
Is there any processing fee for the loan?
Yes, Kreditbazar's partnered NBFCs may charge a processing fee, which will be disclosed during the application process.
-
What interest rates can I expect on a ₹80,000 personal loan?
Interest rates vary among partnered NBFCs but are generally competitive; specific rates will be provided during your application.
-
Can I prepay my personal loan?
Most partnered NBFCs allow prepayment, but check for any applicable prepayment penalties.
-
What happens if I miss a payment?
Missing a payment may result in late fees and could negatively impact your credit score. It's best to contact your lender immediately if you're unable to make a payment.
-
Is Kreditbazar a direct lender?
No, Kreditbazar acts as an intermediary connecting you with multiple NBFCs that provide loans.
-
How secure is my personal information when applying for a loan?
Kreditbazar employs strong security measures to protect your personal information throughout the application process.
-
Can self-employed individuals apply for a ₹80,000 personal loan?
Yes, self-employed individuals can apply, provided they meet the income and documentation requirements set by the NBFCs.
-
Do I need a guarantor to apply for this loan?
Typically, no guarantor is required as these are unsecured loans; however, this may depend on the specific NBFC's policies.
-
How is my credit score affected by applying for a personal loan?
Applying for a personal loan may result in a hard inquiry on your credit report, which could temporarily lower your score.
-
What is the repayment tenure for a ₹80,000 personal loan?
Repayment tenures vary but generally range from 6 months to 5 years depending on the terms offered by the NBFCs.
-
Can I get my funds transferred directly to my bank account?
Yes, once approved, the funds will be transferred directly to your bank account promptly.
-
What should I do if my loan application is rejected?
If rejected, review the reasons provided and consider improving your credit score or addressing any issues before reapplying.
