Bankstore is a great option for both self-employed people and salaried workers because it offers a ₹20,00,000 personal loan with no collateral requirements. This loan gives you the flexibility to reach your objectives without depleting your savings, whether you need money for a lavish wedding, urgent medical bills, home improvements, education, or business expansion.
A ₹20,00,000 personal loan is an unsecured loan i.e. you are not required to pledge any assets. It is perfect for major life events and expenses with flexible tenure and no usage restrictions.
| Tenure (years) | EMI (₹) | Total Interest (₹) | Total Repayment (₹) |
|---|---|---|---|
| 1 | 1,78,000 | 2,16,000 | 22,16,000 |
| 3 | 66,480 | 3,93,280 | 23,93,280 |
| 5 | 44,500 | 6,70,000 | 26,70,000 |
Optional coverage costs 1-2% of loan amount. Protects against job loss or disability. Choose from Bankstore’s partnered insurers.
Check if you meet the simple eligibility criteria to get your loan approved:
21–65 year
ITRs or audited statements for 2–3 years, plus business bank statements
At least 2–3 years of continuous operationn
700+ recommended
Active account with regular transactions
Instantly calculate your EMI for Home, Personal, Business, Car, Education, or Gold Loans.
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Loan breakup – Principal vs Interest