A personal loan of ₹15,000 can serve as a valuable resource for various needs in case of emergencies. From addressing unforeseen medical expenses to managing unexpected home repairs, this loan provides the adaptability required in challenging times. Explore the eligibility criteria and nuances of the loan to equip yourself with the knowledge to make effective financial choices.
Year | Principal | Interest | Balance |
---|
Our Partners
|
Maximum Loan Tenure
|
Maximum Loan Amount
|
Minimum Interest Rate
|
|
---|---|---|---|---|
Bajaj Finance Limited |
6 years |
₹35 Lakhs |
11% p.a. |
|
CASHe |
1 year |
₹4 Lakhs |
27% p.a. |
|
Fibe |
3 years |
₹5 Lakhs |
14% p.a. |
|
Finnable |
5 years |
₹10 Lakhs |
15.95% p.a. |
|
IIFL Finance |
3.5 years |
₹5 Lakhs |
18% p.a. |
|
InCred |
6 years |
₹10 Lakhs |
16% p.a. |
|
KreditBee |
2 years |
₹4 Lakhs |
18% p.a. |
|
Kotak Mahindra Bank |
5 years |
₹25 Lakhs |
10.99% p.a. |
|
L&T Finance |
4 years |
₹15 Lakhs |
11% p.a. |
|
moneyview |
5 years |
₹5 Lakhs |
16% p.a. |
|
mPokket |
120 days |
₹45,000 |
24% p.a. |
|
Muthoot Finance |
5 years |
₹15 Lakhs |
14.50% p.a. |
|
PaySense Partners |
5 years |
₹5 Lakhs |
15% p.a. |
|
Privo |
5 years |
₹5 Lakhs |
9.99% p.a. |
|
Olyv |
12 months |
₹5 Lakhs |
1.5% p.m. |
|
SMFG India Credit |
5 years |
₹25 Lakhs |
12% p.a. |
|
Upwards |
3 years |
₹5 Lakhs |
1.5% p.m. |
|
YES BANK |
6 years |
₹50 Lakhs |
10.99% p.a. |
|
Zype |
1 Year |
₹5 Lakhs |
18% p.a. |
|
The common eligibility criteria for a personal loan of ₹15,000 are as follows:
Most lenders require you to have the following list of documents handy when applying for a personal loan:
Proof of Identity: Any one of the following
PAN card
Aadhaar card
Passport
Voter ID, etc.
Proof of Residence: Any one of the following
Aadhaar card
Passport
Voter ID
Driving licence
Utility bills for electricity, water, gas, etc.
Proof of Income:
Salaried Individuals: Bank statements of your salary account of the last 3 months, latest Form 16, etc.
Self-employed Individuals: Bank statements of the last 3 months, Profit and Loss statement of the previous year, latest ITR filings, etc.
Here is how you can apply for a personal loan of ₹15000 online on Bajaj Markets:
Click on the ‘Apply online’ option on this page
Fill in your personal and professional details
Choose your lender from a list of personal loan providers
Enter the loan amount you wish to borrow and the preferred loan tenure
Cross-check all details and submit the application
Following this, a representative will reach out to you for further proceedings.
Also Check Other Instant Personal Loan Options |
|
One of the eligibility criteria for personal loan application approval is the credit score. Since personal loans are usually unsecured loans, the lenders check the credit score of the applicant to determine the payback ability. In the case of a salaried individual who has an income of around ₹15,000, the minimum credit score needs to be 750.
Yes, you can get a personal loan if your salary is ₹15000. This is the minimum baseline of many banks that offer personal loans. As per your eligibility, you can take a loan of up to Rs. 25 Lakhs.
The personal loan application can be approved without a collateral. Since personal loans are unsecured loans, the lenders do not mandate the inclusion of collateral.
Almost all banks, financial institutions, and NBFCs offer instant personal loans to salaried individuals who are a part of the salary slab of ₹15,000. At Bajaj Markets, you can explore different personal loans offered by various banks and choose one as per eligibility and interest rate.