Instant 1.5 Lakh Loan- Get Loan within 48 Hours

Whenever unexpected expenses arise, an emergency fund saves your life. Choose an option of instant 1.5 lakh loan which is available based on credit score. Digital loan applicant that assures disbursement time within 48 hours.

We will reveal all details with eligibility criteria and a document list. Keep going down to learn more about this.

Instant 1.5 Lakh Loan Recap

Company	Faircent
Loan Amount	Rs. 50,000 to Rs. 1.5 Lakh
Loan Interest	12%  to 36% p.a.
Repayment	Up to 18 months
Credit Score	730+
Processing Fee	Up to 6% + Tax

Features of Instant 1.5 Lakh Loans

Rapid Approval: Borrower receives funds quickly within 48 hours of instant 1.5 lakh loan. The rapid loan approval from Faircent company.

Online Application: Lenders offer an online application journey to move the application faster.

Minimal Documentation: Instant loans are available at lower documents that come with zero paperwork. This makes it faster and hassle-free.

Loan Term: Borrower may choose a loan repayment term of up to 18 months. Lenders provide different loan terms depending on the loan amount.

No Collateral Required: Most instant loans are unsecured or collateral-free. The instant 1.5 lakh personal loan is also available without any security.

Competitive Rates: In most cases, the borrower gets interest rates depending on their credit profile. Financial institutes offer affordable rates to customers.

Eligibility Criteria

The instant 1.5 lakh loan comes with simple eligibility criteria. The requirement details borrowers should follow before applying:

Nationality	Indian
Age Required	21 to 58 years
Income Source	Salaried / Self Employed
Credit History	730+ (No Defaulter)

Also Read: Faircent Business Loan

Instant 1.5 Lakh Loan Interest & Charges

Interest Rate	12%  to 36% p.a.
Processing Charge	Up to 9% + Tax
Late Payment	Applicable

1.5 Lakh Instant Personal Loan EMI

The instant 1.5 lakh personal loan is available at 12% to 36% ROI. We break down the total EMI per month. It will help borrowers to easily understand.

Loan Amount	Tenure (Months)	Interest Rate (%)	EMI (Rs.)
1,50,000	6 Months	17%	26,255
1,50,000	8 Months	17%	19,965
1,50,000	10 Months	17%	16,194
1,50,000	12 Months	17%	13,681
1,50,000	18 Months	17%	9,500

Also Read: Instant Personal Loan for Salaried Employees

Required Documents for Instant 1.5 Lakh Loan

Borrowers must be aware of an instant personal loan of 1.5 lakh. The below list you must check out:

• Aadhaar Card copy of the borrower
• Pan Card copy of the borrower
• Copy of canceled cheque

Application Process of 1.5 Lakh Instant Loan

1. Start Process:  Simply fill out the application form online “Apply Now” tab.

2. Fill Details Information: Give the original information that have on Aadhaar Card & Pan Card.

3. Verify mobile number through OTP and submit after filling in all details.

4.  Faircent checks your instant eligibility and gives you instant loan approval.

5. If the loan amount is showing, you will get a call from customer care for the documents process.

6. The last step you must complete is the E-nach process and money will be credited within 2 hours.

 FAQs