Best Personal Loan for Salaried Employees Up To Rs. 5 Lakh

Most banks or NBFC companies offer personal loans with high salaries. Also, it’s hard to maintain the other criteria.

GetLoanOffer provides personal loans for salaried employees at Rs. 12,000 salaries. You will get instant approval with -1 cibil.

Apply for the best personal loan for salaried employees and get up to 5 lakh.

Personal Loan Quick Recap

 Loan amount Up To 5 Lakh
NBFC CompanyWeRize
 Processing fee 2%-3% of Loan Amount
 Age 21 – 55 years 
 Interest Rate15% – 22% p.a.
 Tenure12 months – 36 months
 Income Require  Rs. 12,000/- (Net Salary)
 Eligible For Salaried Person
Also Read: Au Small Finance Bank Personal Loan

Benefits of Personal Loan

Instant Approval: Fast Approval for a Personal Loan: Quickly get a personal loan from Rs. 50,000 to 5 lakh to cover any and all expenses.

Fast Process: You’ll have your loan approved quickly and the money sent into your account without any unnecessary delays.

Paperless documentation: Kindly submit and upload your KYC documents and digitally sign your loan application.

Easy EMI: Affordable monthly installment (EMI) plans that include payment reminders and automatic direct debit to facilitate regular payments.

No Credit Required: Is this the first time you’ve ever applied for a personal loan? It’s okay with us since we specialize in helping those who are just starting out in the new loan process.

Compare Best Personal Loan for Salaried Employees

LenderInterest Rate (p.a.)Processing Fee
SBI Personal Loan9.60% onwardsUp to 3% of the loan amount
UCO Bank10.05% – 10.45%Up to 3% of the loan amount
Fullerton Personal Loan11.99% onwards3% to 6% of the loan amount
Manappuram Loan13.00% onwards1% to 2% of the loan amount
Indiabulls Dhani13.99% – 16.00%Up to 3% of the loan amount
InCred Personal Loan18.00% – 20.00%2% to 5% of the loan amount
Hero Fincorp11.00% – 14.00%Up to 3% of the loan amount
Lendbox16.00% – 18.00%2% to 5% of the loan amount
Also Read: Get personal loan with low credit score

Eligibility Criteria for Personal Loan

  • Indian Citizen
  • Age range: 23 to 55 years
  • Only salaried people can apply
  • Salaried people should have a bank account.
  • Minimum Monthly Salary: Rs. 12,000 Net Salary
  • Location: 250+ cities | 3000+ available pin codes

Personal Loan Charges

 Interest rate 15%-22% per annum
 Processing Charges 2%-3% of Loan Amount
 Late Fee Applicable
Also Read: 11 Best Personal Loan Apps 

Documents Required

  • Aadhaar Card
  • Pan Card
  • Recent 3-month Salary Slip
  • Electricity Bill or Gas Bill as a residential proof
  • 1 yr. Bank Statement pdf format
  • Co-applicant Aadhaar & Pan Card

How to Apply For Personal Loan for Salaried Employees

  1. Click the “Apply Loan” button & you will go to the Getloanoffer’s partner site.
  2. Now, fill in the basic details like name, mobile no, monthly in-hand salary, etc.
  3. After fulfilling the details you have to submit the above documents (Aadhaar Card, Pan Card, 3-month Salary Slip, Electricity bill, or Gas bill )
  4. You can upload the documents or Email us ([email protected]) with the above documents.
  5. After document verification, you will get the loan offer.

FAQs on Personal Loan