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Salary Loan

Best Loan For Your Everyday Needs

Easy application and minimum qualifications make this the most widely used loan. Apply today for all your unavoidable daily expenses. 

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Salary Loan


Eligibility Criteria of Salary Loan

Our eligibility requirements are based on the overall objective of processing your loan without bothering you much. Following the ‘minimum eligibility and maximum care’ principle, we ask for a few documents which are considered mandatory by concerned lenders. 

Irrespective of the loan amount you apply for, matching these eligibility criteria is mandatory for the applicant. Our intention is to help you always so that not only you get your desired loan, you get it fast as well.


Age limit: Applicant should be between 21-58 years

Monthly income: You must be earning at least INR 20,000 per month

Bank statement: Applicant has to furnish a six-month salary statement as an income proof

Identity Proof: Aadhar card or driving license or any other digitally enabled KYC document 

Valid account holder: The applicant should have a valid account in the recognized bank by the financial institution


Some other important requirements: 


Salaried Employees


• Salary: More than INR 20,000 p.m. if living in own home or parental home

• Salary: More than INR 25,000 p.m. if living in a rented accommodation

• Locations: All metros and tier 1 cities

• CIBIL Score: More than 600


Self Employed Business Men/Professionals

• Income Tax Return: More than INR 3 Lakhs p.a.

• Business Establishment: More than 2 years

• Locations: Delhi NCR only

• CIBIL Score: More than 700




·Identity proof (copy of passport/voter ID card/driving license/Aadhaar)

·Address proof (copy of passport/voter ID card/driving license/Aadhaar)

·Bank statement for the previous 3 months (Passbook for previous 6 months)

·Two latest salary slips/current dated salary certificate with the latest Form 16

·Proof of end use


How to improve your Salary Loan Eligibility?

Follow these tips to improve your Salary Loan Eligibility –

Get Rid of Debts

Maintain a good repayment history by paying off your existing loans and liabilities on time without defaulting

Maintain a good CIBIL Score

Try to build a CIBIL score above 750

Do not apply for multiple loans simultaneously

Apply for a loan that fits your needs, raising multiple loan applications can decrease your credit worthiness

Choose a longer loan tenure

Opt for a longer repayment tenure that will allow you to disburse the overall due amount over a longer time span. This will also help in reducing the EMI amount.

Add Co-applicants

A co-borrower (a spouse, or parent) with a good income and credit score will boost your eligibility for a bigger loan amount.


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