Instant 1.5 Lakh Loan

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

Loan AmountRs. 50,000 to Rs. 1.5 Lakh
Loan Interest12%  to 36% p.a.
RepaymentUp to 18 months
Credit Score730+
Processing FeeUp 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:

Age Required21 to 58 years
Income SourceSalaried / Self Employed
Credit History730+ (No Defaulter)

Also Read: Faircent Business Loan

Instant 1.5 Lakh Loan Interest & Charges

Interest Rate12%  to 36% p.a.
Processing ChargeUp to 9% + Tax
Late PaymentApplicable

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 AmountTenure (Months)Interest Rate (%)EMI (Rs.)
1,50,0006 Months17%26,255
1,50,0008 Months17%19,965
1,50,00010 Months17%16,194
1,50,00012 Months17%13,681
1,50,00018 Months17%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.


  1. Could I obtain a loan of 1.5 lakhs instantly?

    This is a 100% online process. Users must get an instant 1.5 lakh loan within 48 hours.

  2. What is the processing fee for a 1.5 lakh loan?

    The processing charge of a 1.5 lakh loan is up to 9% plus GST.

  3. What is the tenure of an instant 1.5 lakh loan?

    The repayment tenure of a 1.5 lakh loan is up to 18 months.

  4. Who will be eligibile for a 1.5 lakh personal loan?

    The user with a 730+ credit score holder with a 1 year old credit score is eligibile for a personal loan of 1.5 lakh.

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