| Minimum Salary | Flat Rate | |
|---|---|---|
| Doha Bank Personal Loan | Minimum Salary: QAR 5,000 | Flat Rate: 2.19% |
Just so, can I get loan with 12k salary?
So, if your salary is less than Rs. 12,000, assure the lender that you have other sources of income to repay your personal loan on time. … With instant approval and 24-hour disbursal, the Bajaj Finserv Personal Loan is an ideal way to meet your needs for finance.
- Filled-in personal loan application form.
- KYC documents (PAN Card, AADHAR and Voter ID)
- Form 16 and last 2 months salary slip (for salaried)
- Income proof/ IT Returns ( for self-employed)
- Last three months bank account statement of salary account/ current account (for self-employed)
In this manner, how do you get a bank loan?
How to Get a Bank Loan
- Understand Your Credit.
- Decide on a Bank Loan Amount.
- Determine the Loan You Need.
- Decide Where to Borrow Money.
- Understand the Loan.
- Apply for the Loan.
- Go Through Underwriting.
- Business Loans.
How much loan can I get on 35000 salary?
Here taking a salary as ₹ 35k, & without any fixed monthly obligation, you can pay a maximum of ₹ 17,500 as EMI considering 50% FOIR. If the interest rate is 10% per annum, the loan amount eligibility can be arrived at ₹ 20,46,586 using a home loan eligibility calculator (assuming 3 household members).
How much personal loan can I get if my salary is 10000?
Banks such as SBI and Indian Overseas Bank provide personal loans to individuals who have lower income of Rs. 5000 per month. But the loan amount might be lower than you expected.
| Bank | Minimum Monthly Income Required |
|---|---|
| Punjab National Bank | Rs. 10,000 |
| HDFC Bank | Rs. 15,000 |
| ICICI Bank | Rs. 17,500 |
How much personal loan can I get if my salary is 15000?
A: A salary of Rs. 15,000 generally falls in the category of a low-income borrower group. So, an instant personal loan app with a maximum approval amount of 1.5 Lakhs can be availed by the borrower with a starting salary of Rs. 15,000.
What is the interest rate for personal loan in Qatar?
| Personal Loans as low as 4.95% reducing interest rate (equivalent to 2.67% flat rate) for Qataris | Loan Protection plan |
|---|---|
| Loan amounts of up to QAR 1,800,000 for Qataris and up to QAR 380,000 for Expatriates | Top up your loan after six months |
What is the minimum salary required for personal loan?
The minimum salary for a personal loan for salaried individuals is INR 25,000 per Month (for residents of Mumbai and Delhi) or INR 20,000 per Month (for all other locations).
What loan means?
A loan is a form of debt incurred by an individual or other entity. The lender—usually a corporation, financial institution, or government—advances a sum of money to the borrower. In return, the borrower agrees to a certain set of terms including any finance charges, interest, repayment date, and other conditions.
Which bank gives loan for low salary?
Best Personal Loans for Individuals with Low Salaries
| Bank | Interest Rate | Minimum Monthly Income |
|---|---|---|
| Axis Bank | 12% – 21% p.a. | Rs.15,000 |
| State Bank of India | 9.60% p.a. | Rs.15,000 |
| HDFC Bank | 10.75% – 21.30% p.a. | Rs.25,000 |
| HDB Financial Services | Up to 36% p.a. | Rs.15,000 for all locations and Rs.20,000 for metro cities |
Which bank is best for personal loan?
5 Best Online Personal Loans in India Dec 2021
| Bank | Interest Rate | Processing Fee |
|---|---|---|
| ICICI Bank | 10.25% | Upto 2.25% of Loan Amount |
| Kotak Bank | 10.25% | Starting from Rs.999 |
| HDFC Bank | 10.25% | Upto 2.50% Min ₹ 999 |
| Axis Bank | 10.49% | Rs.4,999 |