You are eligible for a personal loan at 14000 salaries in India. The minimum loan amount is Rs. 50,000 to the maximum loan amount is Rs. 5 lakh. The loan repayment tenure is 6 to 36 months.
The interest rate starts from 18% to 21% per annum. Money will credit to the bank account within 5 days.
Personal Loan Quick Recap
|Loan Amount||Up To 5 Lakh|
|Interest Rate||18% to 21% p.a.|
|Tenure||1 -3 years|
|Age Required||23 -55 years|
|Income Required||14,000 Net Salary|
|Processing Fees||Up to 3% of the loan amount|
|Eligible For||Salaried Person|
What is Personal Loan?
A personal loan is an unsecured loan that is available for a salaried person. This is a fast loan process. You can apply for a loan for personal use.
You can use a personal loan for different uses like medical expenses, education purposes, buying a car, home renovation, weddings & other uses. Also, you can pay credit card bills through a personal loan. There is no restriction on uses.
Also Read: Top 5 instant loan apps in India
Features & Benefits of Personal Loan
Fast Approval: Personal loan approval within 5 days. This is a fast loan process.
Less Documents: Your KYC, salary slip & bank statement is the most important document for a personal loan. No other documents will require.
Top-up Loan: You will get the top-up loan facility after 4 successful EMI.
No Hidden Charges: No other extra charges are included. Processing charge, Insurance charge, and GST charge is the main part.
Repayment Tenure: Personal loan repayment tenure is 6 to 36 months.
Pre-close Facility: You can pre-close the loan after 6 successful EMI.
Higher Loan: You can get up to a 5 lac personal loan at a 14,000 salary. Bank will check other eligibility criteria also.
Also Read: Kreditbee Personal Loan
Personal Loan Eligibility Criteria
You should fulfill the eligibility criteria before applying for a personal loan. There are:
- Indian Citizen
- Applicant age requires 23 to 55 years
- Net Salary should be 12,000 or above
- Salary should be credited to the bank account
- -1 or 720+ CIBIL require
- Not defaulter on the previous loan
Also Read: Personal loan for Minimum salary 13000
Documents Required for Personal Loan
- Pan Card
- Aadhaar Card
- Recent 3 month’s salary slip
- 1 years salary account statement pdf format
- Electricity bill or Gas bill for residential proof
- Co-applicant Pan Card
- Co-applicant Aadhaar Card
Interest Rate & Other Charges
|Processing Charge||Up to 3% + GST|
|Insurance Charge||Up To 2% of the loan amount|
|Interest Rate||18% to 21% p.a.|
How to Apply for a Personal Loan
Step 1: Click on the “Apply Werize Loan” button
Step 2: Fill up the form carefully
Step 3: Enter the address & pin code
Step 4: Upload Pan Card, Aadhaar Card on both sides, Salary Slip & 1 yr Bank Statement in pdf format.
Step 5: Now, the bank will check your eligibility
Step 6: After the eligibility check, you will get the loan offer.
Step 7: Now submit your Electricity bill or Gas bill for residential proof.
Step 8: Send Co-applicant Pan Card & Aadhaar Card
Step 9: Now the bank will send e-KYC & e-mandate link
Step 10: Complete this process to get the money
FAQs on Personal Loan
How much loan can I get at 14,000 salaries?
You can get up to 5 lakh instant loans at 14,000 salaries. Bank will check other eligibility criteria like previous loan track, and debt of income.
Can I apply for a loan with 650 CIBIL scores?
You are not eligible to apply for a personal loan at a 650 credit score.
What is the personal loan interest rate?
The personal loan interest rate starts from 18% to 21% per annum. But if you have 25,000 salaries, the interest rate will be 9.65% to 13% per annum.
Can I apply for a loan from anywhere in India?
You can apply for a loan from anywhere. This is a pan India loan facility available through 24hrloan.
What is the minimum salary required to get a personal loan?
A minimum of 12,000 net salaries is required to apply for a personal loan. You can get up to a 5 lac instant loan.