Personal Loan for salary less than 20,000
Documents Required
- KYC Proof
- Address Proof (Valid Driving License / Valid Passport / Aadhar Card)
- 3 Month Salary slip
- Passport Photo
- 6 Month Bank Statement
Eligibility Criteria to get loan when salary less than 20,000
- Applicants must be between 21 years and 57 years
- Applicants must receive an income of Rs. 15,000 or more
- Income must be credited directly to the applicants’ bank account
- Credit score must be a minimum CIBIL score of 600
Things to Consider When Borrowing a Personal Loan with a Low Salary
- Eligibility Criteria
- Interest rates
- Assess the Other Charges
- Check the Payable EMI
- Check Your Credit Score