Address your requirements without delay by applying for a personal loan for a salary of less than ₹15,000 online.
Avail Instant Personal Loans ✓ Loan up to 55 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation!
Using online banking and financial services, getting a personal loan has become easier than ever. On Bajaj Markets, you can compare personal loan options from different lenders to access credit even if your monthly salary is ₹15,000 .
Get the funds at affordable interest rates and flexible repayment tenures, with an excellent credit score. To get the loan, you only have to meet simple eligibility requirements set by the lender and furnish the necessary documents.
Features and Benefits of an Instant Personal Loan for a Salary of ₹15,000
Depending on the lender’s policies and your credit repayment record, you can get a collateral-free personal loan on a salary of ₹15,000 or even less. Before you get started, here are a few benefits and Read More features of getting an instant personal loan on a minimum salary of ₹15,000: Read Less
Quick Access
Once you apply, you can receive the funds instantly and manage your planned or unforeseen financial needs without delay. You can get high loan amounts of up to ₹50 Lakhs based on the lender and your ov Read Moreerall financial profile. Read Less
Affordable Interest Rates
By comparing various lenders on Bajaj Markets, you can get funds at competitive interest rates starting from 9.99% p.a. This reduces your overall borrowing costs, making credit more affordable.
Flexible Repayment Terms
Most lenders offer you the flexibility of choosing from a range of repayment tenures, going up to 8 years. By choosing a longer tenure, you can reduce the EMI burden and repay comfortably.
No Collateral Needed
Enjoy easy access to the required funds providing any collateral and risking your assets. Most lenders also do not ask you to involve a guarantor.
Convenient Application and Minimal Documents
You can apply for a loan online from the comfort of your home, and simply attach the required documents. Experience paperless applications and swift approvals with basic documents and minimal formaliti Read Morees. Read Less
Meeting the required eligibility criteria set by lenders is crucial when opting for a personal loan with a salary of ₹15,000. However, it may vary with different lenders based on their policies. Here are a few parameters:
You need to be an Indian resident
You are at least 18 years old
Your minimum work experience is 2 to 3 years
- You have a good credit score of 600 and above or a NTC (New to Credit) score of above 150. Check your CIBIL score to know your eligibility.
The paperwork needed during the application process may vary depending on your lender’s policies. Here are a few necessary documents you need to submit when opting for a personal loan online on a salary of ₹15,000:
1. Identity Proof (any one of these documents)
PAN card
Aadhaar card
Voter’s ID
Passport
Driving licence
2. Address Proof (any one of these documents)
Voter’s ID
Aadhaar card
Passport
Driving licence
Electricity bill/telephone bill
3. Income Proof
Bank statements and/or salary slips for the last three months
Latest passport-size photographs
You can apply for a personal loan even if your monthly income is less than ₹15,000. Here are the steps to follow to get a personal loan from leading partner lenders at Bajaj Markets.
Click on the ‘CHECK OFFER’ tab on the personal loan page
Enter your details such as your profession, mobile number, name, address and date of birth
Click on ‘PROCEED’
Enter additional details and choose a lending partner from the list
Once you enter the needed details, a representative of the lending partner (depending on your eligibility and offer) will contact you to process your application further.
Reference of all T&Cs necessarily refers to the terms of the Partners as regards pre-approved offers and loan processing time, amongst other conditions.
Frequently Asked Questions
What amount can I get if my salary is ₹15,000?
The loan amount you can get varies from one lender to another. With this salary range, you can usually get up to ₹10 Lakhs as the maximum loan amount.
However, if you have a good relationship with the lender and have no other EMIs, you may get a higher amount.
Is it possible to get a personal loan of ₹50,000 with a salary of ₹15,000?
Yes, it is possible for you to get a personal loan on a salary of ₹15,000, amounting to ₹50,000. However, this depends on the lender and your repayment history and eligibility.
Can I get a personal loan without a bank account if my salary is less than ₹15,000?
Most lenders insist on a bank account before sanctioning a loan.
Can I get a personal loan for medical expenses if my salary is less than ₹15,000?
Yes, you can get a personal loan on a salary of less than ₹15,000 to meet your medical expenses. However, this varies across lenders and your eligibility.
Can I get a personal loan if my salary is just ₹15,000?
It is possible to get a personal loan of a high amount of up to ₹10 Lakhs with a salary of ₹15,000. Also, you can explore options offered by microfinance institutions which often cater to individuals with lower incomes. Consider having a co-signer with a higher income that could increase your loan eligibility.
What is the disbursal time for a personal loan on a ₹15,000 salary?
Depending on the financial institution, you can get the funds in a few hours or days. Typically, lenders disburse the loan amounts within 24 hours of approval.
Which bank gives personal loans on a ₹15,000 salary?
Many public and private sector banks in India offer instant personal loans for a salary of ₹15,000. Compare various lenders and choose the one with the most suitable terms.
Can I get a personal loan on a ₹15k salary without documents?
You need to submit some documents to the financial institution for verification purposes while getting a loan. Therefore, it may be difficult to get a loan without submitting the required documents.
