Personal Loan for Salaried

There comes a point in life when we do go through financial duress. There may be a medical emergency, a life event like a wedding, or something fun like really long-due international holiday after a couple of years of hard work which will need a lot of financial resources. If you are not in a position to be able to fun that on your own out of your savings, then opting for apersonal loan is the next best option. Most of the times, it is us salaried people who might have to think twice before spending. Hence, you should check out personal loans for salaried. We even have personal loans for those who have a salary less than INR 15,000.

What are a Personal Loans for Salaried People?

Salaried individuals are those who have to manage their funds through their monthly fixed incomes. For some, this might become difficult in case of an unplanned expense. This could be a reason for those who are not receiving a high salary with yearly bonuses being few and far between. So, if they are staring down the barrel of a large expense that will eat into savings or utilize a large percentage of their salary, a personal loan for salaried employees come to the rescue.

Features and Benefits of Personal Loans for Salaried Employee

• Instant loans: Get instant personal loan for salaried employees from up to ₹5 lakhs to help fulfill your needs or requirements.
• Quick approvals and disbursals: Instant loan approvals and disbursement of loan amount to your preferred bank account.
• Easy Collection of documents: Doorstep collection of documents. Just sign and hand over the required documents to the courier. All social distancing rules are followed.
• Affordable EMI plans: Easily manageable monthly installment plans with multiple reminder system and auto-debit features to ensure you do not miss out on timely re-payments.
• No credit history required: Never taken a loan previously? It’s okay – we serve those who are new to credit and lending system.

How to Apply for Personal Loans for Salaried People

Applying for a personal loan for salaried employees has never been easier. Here at Paysense, we have a three-step approach to help you reduce your financial burden.

• Check eligibility and select a personal loan plan

The eligibility criteria to get a personal loan or an instant loan personal loan for salaried people are:

• You must be a resident of India.
• You must be between the age of 21 and 60.
• You must be either employed with a company.
• You must have a minimum income of INR 18,000 per month.
• Upload KYC Documents

We have digitized the entire personal loan application process. If you are looking for a personal loan, then you must know that the entire process is paperless. Once you upload all required documents, you get an approval within two working hours. The documents needed to apply for a personal loan for salaried employees includes:

• Proof of identity: Either of your PAN card or Aadhaar Card
• Proof of Address: Either of your Aadhaar card, Rental agreement, Utility or Postpaid bills.
• Proof of income: Bank statements of the last three months.
• Picture: A nice clear selfie image.
• Loan disbursement

Once your personal loan for salaried employee is approved and the application process is complete, your money will be credited to your bank account.