What is the EMI on a ₹1,00,000 personal loan?

At 14.5% p.a. reducing balance over 24 months, the EMI is shown in the repayment table on this page. A longer tenure lowers the EMI and raises total interest; the calculator lets you compare both before applying.

How fast can ₹1,00,000 be disbursed?

Approved loans are credited to your own bank account in as little as 10 minutes after you digitally sign the agreement. The application itself takes about three minutes.

Can I get ₹1,00,000 without a salary slip?

Yes. Three to six months of bank statements, UPI cash-flow history or platform payout statements are accepted in place of a salary slip.

Yes. Foreclosure and part-prepayment are free after the first EMI is paid, and either reduce your EMI or shorten your tenure.

₹1,00,000 instant personal loan

A ₹1,00,000 personal loan through CredBean's RBI-registered lending partners runs for 24 months at interest from 14.5% p.a. reducing balance, with a one-time processing fee of up to 2%. You need a PAN, an Aadhaar-linked mobile number, a bank account in your own name and verifiable income. Disbursal can reach your account in as little as 10 minutes after digital signing.

Check your eligibility Calculate your EMI

Eligibility

Indian resident, age 21 to 58
Valid PAN and an Aadhaar-linked mobile number
A bank account in your own name
A verifiable income source — salaried, self-employed, gig or household income

Documents you need

PAN card number
Aadhaar-linked mobile number for OTP-based eKYC
Bank account details in your own name
Income proof — salary slip, bank statement or UPI cash-flow history

Everything is submitted online — there is no branch visit and no physical paperwork.

Example EMI — ₹1,00,000 over 24 months

Illustrative repayment schedule for ₹1,00,000 over 24 months
Loan amount	₹1,00,000
Tenure	24 months
Interest rate	14.5% p.a. reducing balance
Monthly EMI	₹4,825
Total interest	₹15,799
Total repayable	₹1,15,799
Processing fee	Up to 2%, one time, deducted at disbursal

Illustrative only, at the lowest available rate. Your actual APR (14.5%–34% p.a.) and every charge are stated in the lending partner's Key Fact Statement before you sign.

Who borrows ₹1,00,000, and what for

₹1,00,000 covers a larger medical event, a wedding contribution, business working capital, a full course fee, or a significant home upgrade.

Choosing the tenure

At this level the tenure decision matters most. A longer tenure makes the EMI comfortable but adds materially to total interest — compare the two totals below before choosing. Lending partners will also weigh your existing obligations: if EMIs plus this one exceed roughly half your take-home income, expect a smaller sanction.

What it costs, in full

Interest from 14.5% p.a. on a reducing balance, plus a one-time processing fee of up to 2% deducted at disbursal. There is no charge for foreclosure or part-prepayment after the first EMI, and CredBean never charges an advance or membership fee. Your exact all-inclusive APR and every charge appear in the lending partner's Key Fact Statement before you sign — nothing outside that document can be charged to you.

Frequently asked questions

Apply in about three minutes

₹5,000 to ₹5,00,000, 3–60 months, interest from 14.5% p.a. reducing balance. The eligibility check is a soft credit pull and does not affect your credit score.

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CredBean is a brand of Privena Financial Services Private Limited. CredBean is a technology platform and does not lend on its own account. Loans are offered by RBI-registered lending partners. Interest from 14.5% p.a. reducing balance; processing fee up to 2%. Representative example: ₹75,000 for 18 months at 14.5% p.a. — EMI ₹4,661, total interest ₹8,902. Credit at sole discretion of the lending partner. Questions: hello@credbean.com · +91 98990 20223.