₹2,00,000 Personal Loan

Apply for a ₹2,00,000 Instant Personal Loan with Quick Approval

Need some funds to fulfil your dream of backpacking in Europe or set up a new business? Here’s how you can get a ₹2,00,000 personal loan from CASHe within minutes. All you need to do is download the CASHe app, complete the KYC process, decide your loan amount and tenure and you are set. Make all your dreams come true with competitive loan interest rates and a quick and easy loan disbursal process now.

holding bank notes

Features & Benefits of Getting a ₹2,00,000 Personal Loan with CASHe

Here are some of the key features and benefits of getting a ₹2,00,000 loan from CASHe:

  • Minimal paperwork compared to other loan establishments.
  • An easy online process with a few, simple clicks.
  • Quick and hassle-free loan approvals.
  • No collateral is required for an instant loan of ₹2 lakh.
  • Flexible loan tenures ranging from 2 months to 18 months.
  • There is no cap on how you use the funds.

How to Calculate Your ₹2,00,000 Personal Loan EMI?

Here’s how you can use the CASHe EMI calculator for a quick and easy understanding of your EMI structure – just adjust the three variables (personal loan amount, tenure and rate of interest) as per your requirement and get your EMI calculated within seconds.

Loan Amount

50K 1L 1.5L 2L 2.5L 3L
Interest Rate per annum (% )

18 24 31 37
Tenure (In months)

6 12 18 24 30

EMI Amount

Interest

Principal

Eligibility Criteria

What is the eligibility criteria for a ₹2,00,000 Personal loan?

Must Be An
Indian Citizen

Must Be At Least
18 Years Of Age

Must Be A Salaried
Professional

Must Have Monthly Salary Of
₹50,000 Or More

Must Have A Facebook Or
A Linkedin Account

Required Documents

What are the documents required for ₹2,00,000 Personal loan?

Photo Identity Proof
(Pan Card)

Income Proof
(Latest Salary Slip)

Identity Proof
(Aadhar Card)

Permanent Address Proof
(Accepted Documents)

Latest Bank Statement Showing
Salary Credit

How to Apply for a ₹2,00,000 Personal Loan with CASHe?

Follow these easy steps to avail a ₹2,00,000 loan from CASHe:

Step 1: Download the CASHe mobile app.

Step 2: Register and complete the KYC process.

Step 3: Click on ‘Get Loan’ and choose the ‘Instant Personal Loan’ option.

Step 4: Determine your instant personal loan amount and your loan tenure.

Step 5: Wait for CASHe to verify your details and approve your instant personal loan application.

Step 6: Once approved, your instant personal loan amount will instantly be disbursed to your bank account.

Frequently Asked Questions

The approval of a ₹2,00,000 personal loan becomes quick if one fits the eligibility criteria. Usually, factors like the individual’s credit score, salary, employment status and other important documents influence the approval process but CASHe uses a sophisticated algorithm that mines the borrowers’ social network and requests basic documentation to arrive at a Social Loan Quotient or the SLQ score and a loan eligibility amount, making way for an instant approval.

The longer the tenure, the lower the EMI amount with high interest rates and vice versa. You can easily calculate your EMI by using CASHe’s EMI calculator and get your desired EMI amount in mere seconds.

Typically, there are no tax benefits associated with a ₹2,00,000 personal loan but it may surely help in improving your credit score.

Since there is no cap or restriction on the usage of your funds, you can very much use a ₹2,00,000 personal loan for business purposes.

The processing time at CASHe is super quick and once the documents get verified, the loan gets approved within a few minutes since the entire process is 100% online.

Personal Loan For Different Budget

Types of Personal Loan: