Best Personal Loan
Instant Personal Loans Tailored for Your Needs
RS Credit Mantra makes getting a personal loan quick, transparent, and stress-free.
Through our digital platform, we connect you to multiple banks, ensuring you find the best offer in one go.
Why Borrowers Prefer Us:
One form, multiple loan offers
Transparent interest rate comparison
Fast approval & disbursal
End-to-end guidance

- Key Highlights
- Features
- Types of Loan
- Eligibility
- Documents Required
- Points to Keep in Mind
- The current lowest personal loan interest rates start from 10.50% p.a.
- Compare 100+ personal loan banks at RS Credit Mantra and choose the best one.
- Check fees & charges of all top banks offering personal loans in India.
- Get a flexible tenure of 36 to 84 months to repay the loan.
- Submit an online loan application and get instant loan approval
- Personal Loan amount can be used for any personal purpose, including marriage, education, medical emergency, shopping, travel, etc.
- No collateral or security is required as personal loans are unsecured loans.
- You can get a personal loan through the best instant loan app in India or online lending marketplaces.
- The rate of Interest: The rate of interest on personal loans starts at 10.50% depending on your credit score, income, and so forth.
- Loan amount: You can get a loan online for as low as 20,000 and as high as Rs. 1 Cr. depending on your requirements and eligibility.
- Loan tenure: Personal loans are available for periods as short as 12 months. The average tenure for a Personal Loan is between 12 and 60 months, depending on the loan amount.
- Security: Due to its unsecured nature, collateral is not required.
- Loan turnaround time: A Personal Loan typically has the fastest turnaround time in the industry. Many banks personal loans online approval within 48 hours after submission of the online application.
- Processing fees: It depends on the individual bank. It is usually 3.5% of the loan amount.
- Prepayment penalty: Banks charge a prepayment penalty if you repay your Personal Loan before the determined period. The charges range between 1-2% of the outstanding amount on the date of closure.
- Travel Loan: These personal loan schemes are for people who love travelling. This loan is called by many names, including travel loan, vacation loan, and holiday loan. You can avail of this loan to travel around the world and pay the bills latrine affordable EMIs. You can also get travel insurance as an added benefit with this loan.
- Wedding Loan: Weddings in India come with a long list of expenses. It's once in a lifetime experience for everyone and to make it more memorable many people often need financial support. Therefore, many lenders have started providing personal loans for weddings These loans are availed by the would-be brides and grooms or their family members to pay for the wedding-related expenses like venue booking, catering, honeymoon vacation, etc.
- Festival Loan: These loans are offered for celebrating festivals, parties, and functions. Festival loans help you in preparing for the festivities and host parties.
- Consumer Durable Loan: As the name suggests, this personal loan variant is availed for the purchase of appliances or consumer durables.
- Pension Loan: Pension loans can be availed by retired personnel to fulfill their financial needs like paying medical bills, meeting daily expenses, etc. Under pension loans, banks provide a few times the amount of pension the pensioner has drawn in previous months before submitting the loan application.
- Home Renovation Loan: These loans are provided for the purpose of renovation, repair, purchase of new material, and other house-related expenses.
- Education Loan: You can use these loans for paying the tuition fees of your child, or any other big academic requirements like going abroad.
- Computers and Mobile Phones Loan: Many lenders nowadays are offering computer loans and mobile phone loans for the purchase of computers, laptops, and smartphones. Some lenders even offer insurance with the loan.
Occupation | Salaried employees, self-employed professionals, self-employed non-professionals, and business owners |
Age | Minimum 21 years at loan application and maximum 60 years at loan maturity |
Monthly Income | 20,000 |
Job/Business Continuity | 2 years continuous job or 3 years continuity in business |
ITR | Last 2 years IT returns |
Credit Score | 700 & above |
Documents Required
KYC Documents |
|
Income Documents for Salaried |
|
Income Documents for Self-employed |
|
Other Documents |
|
- Keep your credit score high: A credit score represents your creditworthiness based on your past repayment history. Try to repay your existing debts on time and regularly. Clear your existing loan before applying for a new loan. This will improve your credit score. To avail a personal loan you should have a good credit score (preferably 700 or above).
- Compare all the offers before application: Make sure you compare the interest rates, eligibility, and other features of all personal loan options available for you before applying for a loan. This will ensure you get the low-interest rate personal loan and the best available deal.
- Assess the entire cost: Before finalising the deal make sure you have assessed the entire cost of your loan, including interest rates, processing fees, prepayment charges, and so on.
- Analyse your needs: Don't take a personal loan to fulfill any of your fancy. Remember that it's only you who is going to repay the loan and that too with an added interest. Consider borrowing a personal loan to finance your needs and not your wants.
- Evaluate your repayment capacity: Before borrowing, evaluate how capable you are for its repayment. Make sure your income is enough to repay EMIs each month for a few years without creating any financial burden.
- Don't fall for fake offers: All that glitters is not gold. Someone may offer you a concession on the interest rate on online loans but can trick you with other additional costs, making your instant loan a more expensive deal.
Personal Loan Products
Whether you’re funding a wedding, a vacation, medical expenses, or a personal project — our personal loan partners offer quick, collateral-free options.
Highlights:
Instant approval & disbursal
Tenures up to 5 years
Minimal documentation
Best-in-class interest rates
Best Personal Loan
Instant Personal Loans Tailored for Your Needs
RS Credit Mantra makes getting a personal loan quick, transparent, and stress-free.
Through our digital platform, we connect you to multiple banks, ensuring you find the best offer in one go.
Why Borrowers Prefer Us:
One form, multiple loan offers
Transparent interest rate comparison
Fast approval & disbursal
End-to-end guidance

- Key Highlights
- Features
- Types of Loan
- Eligibility
- Documents Required
- Points to Keep in Mind
- The current lowest personal loan interest rates start from 10.50% p.a.
- Compare 100+ personal loan banks at RS Credit Mantra and choose the best one.
- Check fees & charges of all top banks offering personal loans in India.
- Get a flexible tenure of 36 to 84 months to repay the loan.
- Submit an online loan application and get instant loan approval
- Personal Loan amount can be used for any personal purpose, including marriage, education, medical emergency, shopping, travel, etc.
- No collateral or security is required as personal loans are unsecured loans.
- You can get a personal loan through the best instant loan app in India or online lending marketplaces.
- The rate of Interest: The rate of interest on personal loans starts at 10.50% depending on your credit score, income, and so forth.
- Loan amount: You can get a loan online for as low as 20,000 and as high as Rs. 1 Cr. depending on your requirements and eligibility.
- Loan tenure: Personal loans are available for periods as short as 12 months. The average tenure for a Personal Loan is between 12 and 60 months, depending on the loan amount.
- Security: Due to its unsecured nature, collateral is not required.
- Loan turnaround time: A Personal Loan typically has the fastest turnaround time in the industry. Many banks personal loans online approval within 48 hours after submission of the online application.
- Processing fees: It depends on the individual bank. It is usually 3.5% of the loan amount.
- Prepayment penalty: Banks charge a prepayment penalty if you repay your Personal Loan before the determined period. The charges range between 1-2% of the outstanding amount on the date of closure.
- Travel Loan: These personal loan schemes are for people who love travelling. This loan is called by many names, including travel loan, vacation loan, and holiday loan. You can avail of this loan to travel around the world and pay the bills latrine affordable EMIs. You can also get travel insurance as an added benefit with this loan.
- Wedding Loan: Weddings in India come with a long list of expenses. It's once in a lifetime experience for everyone and to make it more memorable many people often need financial support. Therefore, many lenders have started providing personal loans for weddings These loans are availed by the would-be brides and grooms or their family members to pay for the wedding-related expenses like venue booking, catering, honeymoon vacation, etc.
- Festival Loan: These loans are offered for celebrating festivals, parties, and functions. Festival loans help you in preparing for the festivities and host parties.
- Consumer Durable Loan: As the name suggests, this personal loan variant is availed for the purchase of appliances or consumer durables.
- Pension Loan: Pension loans can be availed by retired personnel to fulfill their financial needs like paying medical bills, meeting daily expenses, etc. Under pension loans, banks provide a few times the amount of pension the pensioner has drawn in previous months before submitting the loan application.
- Home Renovation Loan: These loans are provided for the purpose of renovation, repair, purchase of new material, and other house-related expenses.
- Education Loan: You can use these loans for paying the tuition fees of your child, or any other big academic requirements like going abroad.
- Computers and Mobile Phones Loan: Many lenders nowadays are offering computer loans and mobile phone loans for the purchase of computers, laptops, and smartphones. Some lenders even offer insurance with the loan.
Occupation | Salaried employees, self-employed professionals, self-employed non-professionals, and business owners |
Age | Minimum 21 years at loan application and maximum 60 years at loan maturity |
Monthly Income | 20,000 |
Job/Business Continuity | 2 years continuous job or 3 years continuity in business |
ITR | Last 2 years IT returns |
Credit Score | 700 & above |
Documents Required
KYC Documents |
|
Income Documents for Salaried |
|
Income Documents for Self-employed |
|
Other Documents |
|
- Keep your credit score high: A credit score represents your creditworthiness based on your past repayment history. Try to repay your existing debts on time and regularly. Clear your existing loan before applying for a new loan. This will improve your credit score. To avail a personal loan you should have a good credit score (preferably 700 or above).
- Compare all the offers before application: Make sure you compare the interest rates, eligibility, and other features of all personal loan options available for you before applying for a loan. This will ensure you get the low-interest rate personal loan and the best available deal.
- Assess the entire cost: Before finalising the deal make sure you have assessed the entire cost of your loan, including interest rates, processing fees, prepayment charges, and so on.
- Analyse your needs: Don't take a personal loan to fulfill any of your fancy. Remember that it's only you who is going to repay the loan and that too with an added interest. Consider borrowing a personal loan to finance your needs and not your wants.
- Evaluate your repayment capacity: Before borrowing, evaluate how capable you are for its repayment. Make sure your income is enough to repay EMIs each month for a few years without creating any financial burden.
- Don't fall for fake offers: All that glitters is not gold. Someone may offer you a concession on the interest rate on online loans but can trick you with other additional costs, making your instant loan a more expensive deal.
Personal Loan Products
Whether you’re funding a wedding, a vacation, medical expenses, or a personal project — our personal loan partners offer quick, collateral-free options.
Highlights:
Instant approval & disbursal
Tenures up to 5 years
Minimal documentation
Best-in-class interest rates