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Personal Loan for Low Salary Professionals





















You never know when monetary needs knock on your door and on many occasions, you may not quite have the savings that would be sufficient enough to meet these sudden financial challenges. A personal loan can be your best friend on such occasions so that you can ‘weather the storm’ with ease.
As income is a major criterion of getting a personal loan online, we have received inquiries from many low-salaried professionals regarding whether their low salary will be a deterrent in getting an instant personal loan.
All such low salaried professionals can have a sigh of relief!
Yes, you can avail a personal loan even with your low salary.
Cash crunches can become even more deadly for such low salaried professionals. Many lenders such as SBI personal loan, HDFC personal loan or ICICI personal loan etc have acknowledged the need for personal loans in these professionals and have come up with various special credit products.
Here we will discuss a few of them-

Saral Personal Loan  SBI for Low Salary persons

Salient features-
  • Loan amount-Salaried persons can get a personal loan up to 12 times the net monthly income (maximum Rs 10 lakhs).
  • Security- No security is required for personal loan SBI
  • Repayment-SBI personal loan needs to be repaid in 48 EMIs.
  • Processing fee- The processing fee for SBI personal loan is fixed between 2% and 3%, along with applicable taxes.

Income criteria-

  • The minimum monthly requirement for personal loan SBI is Rs 10000 for applicants in rural/semi-urban areas
  • The minimum monthly requirement for personal loan SBI is Rs 24000 for applicants in rural/semi-urban areas

HDFC personal Loan for Low Salary persons

Salient features
  • In-principle loan eligibility in just 1 minute- for online applications
  • Special offer for women-Under the Diva personal loan, women applicants can avail a pre-approved loan amounting to Rs 3 lakhs.
  • Age- Not less than 21 years and not more than 60 years

Income criteria-

  • The minimum monthly requirement for personal loan HDFC is Rs 15000 for applicants in the metros and in Bangalore, Hyderabad, Cochin, Pune and Ahmedabad.
  • Minimum monthly requirement personal loan HDFC is Rs 12000 for applicants in any other Indian cities.

ICICI personal Loan for Low Salary persons

Salient features

  • Loan amount-Salaried persons can get an icici personal loan in the range of Rs 50000 to Rs 20 lakhs
  • Age- Not less than 23 years and not more than 58 years
  • Flexible loan tenure- You can choose any ICICI personal loan  tenure from 12 months up to a maximum of 60 months  
  • Quick disbursal- ICICI personal loan is disbursed within 72 hours of submission of documents.
Contact Us
You can apply for a personal loan from Afinoz.com and check your tentative EMI/ eligibility using our utility tools such as Personal Loan EMI calculator and Personal Loan Eligibility calculator. Our expert financial advice and other services are available 24x7 for you, absolutely free of cost.
For any query, feel free to call us at 8795021552 or visit-https://www.afinoz.com.

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