Need a ₹5000 loan urgently? A ₹5000 personal loan is one of the best solutions to acquire funds for a short-term period. From an emergency to planning a holiday for the family, a personal loan is very versatile and can be very helpful for immediate financial requirements. Read to know how to get an urgent ₹5000 personal loan online.
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. |
|
Federal Bank |
48 months |
₹5 Lakhs |
11% 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. |
|
*Interest rates mentioned in the above table can vary from one lending partner to the other and are subject to change.
If you are applying for a ₹5000 personal loan, then take a look at the eligibility criteria before you start to fill out the application:
Criterion |
Particulars |
Nationality |
Indian |
Age |
21 years and above |
Nature of Employment |
Self-employed or salaried individual |
Monthly Income |
Rs. 15,000 and above |
Minimum Work Experience |
2-3 years |
Credit Score |
600 or higher |
NTC score (For applicants new to credit scoring) |
150 and above |
If you are a new customer on the lending platform, then along with filling out the application form, you will also need to keep a few documents handy. These documents help complete your verification and prepare the offer for a ₹5000 loan.
Proof of identity like PAN card, Aadhaar card etc.
Address proof like Passport, Electricity bill, Ration card etc.
Salary slips of the last 3 months (for salaried individuals)
Bank account statement of the last 6 months
2 passport-sized photographs of the applicant
Applying for a ₹5000 personal loan is an extremely simple and quick process. Read on below to learn how to get a ₹5000 instant loan.
After this, a representative from the respective bank or lending institute will reach out to you to take your application ahead and guide you through the process. If you are a pre-approved customer, then there is no need to fill out the personal loan application, and you can, in fact, get the ₹5000 loan amount transferred almost instantly.
Also Check Other Instant Personal Loan Options |
|
It is important to have all the documents in place in order to apply for a personal loan.
For a ₹5000 instant personal loan, you need to have a credit score that is at least 650 or higher.
A loan applicant must earn a minimum of ₹15000 or more every month to be applicable according to the personal loan eligibility criteria.
Yes, you can easily get a ₹5000 personal loan without any collateral.
Different lenders offer different interest rates, repayment tenure, loan features, etc., and it is best to approach multiple lenders and do your due diligence to understand which lender would meet your needs the best.