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

  1. Eligibility Criteria
  2. Interest rates
  3. Assess the Other Charges
  4. Check the Payable EMI
  5. Check Your Credit Score