Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation! Apply Now

We often run into unexpected expenses and bills that are impossible to predict. These unexpected expenses can throw us off financially, particularly if you’re on a tight budget. During these stressful times, a personal loan of ₹3000 can be a huge lifesaver. 

Calculate EMI for ₹3000 Personal Loan

Loan Amount
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Monthly EMI

at % interest rate for months

Total Amount Payable
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Total Interest Amount
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Interest Rates for ₹3000 Personal Loan

Our Partners
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Maximum Loan Tenure
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Maximum Loan Amount
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Minimum Interest Rate
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Bajaj Finance Limited

6 years

₹35 Lakhs

11% p.a.

4.7
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CASHe

1 year

₹4 Lakhs

27% p.a.

4.4
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Fibe

3 years

₹5 Lakhs

14% p.a.

4
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Finnable

5 years

₹10 Lakhs

15.95% p.a.

4
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IIFL Finance

3.5 years

₹5 Lakhs

18% p.a.

4.1
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InCred

6 years

₹10 Lakhs

16% p.a.

4.3
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KreditBee

2 years

₹4 Lakhs

18% p.a.

4.1
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Kotak Mahindra Bank

5 years

₹25 Lakhs

10.99% p.a.

4.2
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L&T Finance

4 years

₹15 Lakhs

11% p.a.

4.6
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moneyview

5 years

₹5 Lakhs

16% p.a.

4.2
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mPokket

120 days

₹45,000

24% p.a.

4.1
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Muthoot Finance

5 years

₹15 Lakhs

14.50% p.a.

4
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PaySense Partners

5 years

₹5 Lakhs

15% p.a.

4.3
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Privo

5 years

₹5 Lakhs

9.99% p.a.

4.5
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Olyv

12 months

₹5 Lakhs

1.5% p.m.

4.1
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SMFG India Credit

5 years

₹25 Lakhs

12% p.a.

4.2
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Upwards

3 years

₹5 Lakhs

1.5% p.m.

4.3
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YES BANK

6 years

₹50 Lakhs

10.99% p.a.

4.2
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Zype

1 Year

₹5 Lakhs

18% p.a.

4
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Disclaimer: Kindly note that these interest rates are subject to change at the discretion of the respective providers. Ultimately, your interest rates would depend on the age, income levels, CIBIL score, etc. 

Eligibility Criteria for ₹3000 Personal Loan

Generally, you’d have to meet a few basic eligibility criteria in order to qualify for a personal loan of ₹3000 . This eligibility criteria can vary for one partner to another. However, here are some basic eligibility criteria to help you get started. 

  • Nationality: Most loan providers require that their applicants are citizens of India to be eligible for a personal loan of ₹3000.  

  • Employment: Personal loan providers will require that you are engaged in a profession or a business in order to be eligible for a personal loan of ₹3000.  This includes both salaried employment in private or public organisations or self-employment. 

  • Income Levels: Broadly speaking, you would need to be earning a minimum net monthly income of ₹15,000 to be eligible for personal loans. 

  • Credit Score: You need a minimum credit score of 600 to get a personal loan. 

  • Age: Generally, people who are 21 years of age or above are eligible to apply for a personal loan of ₹3000.   

  • Work Experience: You would need to have been employed for a minimum of 2 to 3 years to be eligible for a personal loan of ₹3000. 

Documents Required for ₹3000 Personal Loan

There are a few documents that you would need to submit when you apply for a personal loan of ₹3000, this may vary from one loan provider to another. However, here are some documents that will be required by Bajaj Markets partner. 

  • Identity Proof: You can submit any of these documents as a proof of identity - Voter’s ID, PAN Card, passport, Aadhaar card and driving licence. 

  • Residential Proof: You may submit any of these documents as a residential proof - Voter’s ID, Aadhaar card, driving licence, electricity bill, passport and telephone bill.

  • Income Proof: You may submit your bank statement or salary slip for the past three months as proof of income. 

  • Photographs: Two passport size photographs will also be required to process your application. 

How to Apply for a Personal Loan of ₹3000?

Applying for a personal loan on Bajaj Markets is quick and can be done from the comfort of your home. You can get started on applying for a personal loan of ₹3000 on Bajaj Markets by following these simple steps:

  • Tap on ‘Apply Now.’ You will now be taken to a form which you need to fill out.

  • You will need to fill in your basic details such as age, income, type of employment, etc.

  • Once you’re done with this, you will be presented with a number of personal loan options. You may compare and contrast these options and choose a personal loan option and provider that suits you best.

Personal Loan of ₹3000

FAQs on ₹3000 Personal Loan

How much credit score do I need for an instant ₹3000 loan online?

Generally, a credit score of 600 and above is accepted when you’re applying for personal loans. If you’re new to credit, then an NTC score of above 150 will also be considered.

How long does it take to get an instant ₹3000 loan?

The timeline of getting a personal loan of ₹3000 can vary depending on your credit history, income levels, the provider you choose, etc. However, generally, small ticket personal loans are processed very quickly.

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