How to Get a Personal Loan at an 18,000 Salary?

You are eligible to get a personal loan at 18,000 salaries. This is a collateral-free loan. If you have Rs. 18,000 monthly salary, you get a loan up to Rs. 5 lakhs. It will take a maximum of 3 – 4 days to get the money.

The documentation process is minimal. You can log in directly through 24hrLoan. It will take 10 minutes to complete the loan application process.

Personal Loan at 18,000 Salary

Company	WeRize
Loan Amount	Up To 5 Lakh
Interest Rate	18% to 21% p.a.
Loan Tenure	1 -3 years
Age	23 -55 years
Income Required	Rs. 18,000/- Net Salary
Processing Fees	Up to 3% of the loan amount
Eligible For	Salaried Person

Features of Personal Loan at 18,000 Salary

• Minimal documents are required to apply
• The entire process is digital
• Get the top-up loan facility
• Get a loan up to Rs. 5 lakhs
• Flexible loan tenure
• Interest rate 1.85% per month
• Foreclose charge is minimum
• Quick loan disbursement within 4 days

Also Read: Personal Loan for Minimum Salary 15,000

Compares Other Banks/ NBFCs Personal Loan

Lenders	Interest Rate	Monthly Income	Maximum Loan Amount	Loan Tenure
Faircent	12% – 28% p.a.	Rs.22,000	Rs.5 lakh	12 to 36 months
HDFC	10.75% – 21% p.a	Rs.40,000	Rs.40 lakh	12 to 60 months
Money Wide	16.83% – 32.83% p.a.	Rs.25,000	Rs.3 lakh	3 to 36 months
PaySense	1.4% – 2.3% per month	Rs.18,000	Rs.7 lakh	3 to 60 months
Upward	9% – 32% p.a.	Rs.21,000	Rs.3 lakh	Up to 36 months

Eligibility Criteria for Personal Loan at 18,000 Salary

• Your age should be 23 years to 55 years
• Indian Citizens can apply
• Your net monthly salary should be Rs. 12,000 or more
• Minimum 1-year work experience required
• An employee of private companies, government companies, and public sector firms is eligible.
• Credit Score should be -1 or 700+ required

Also Read: Personal Loan for Minimum Salary 13,000

Documents Require for Personal Loan

• Pan Card Required (Identity Proof)
• Aadhaar Card is Required (Address Proof)
• Last 3 month Salaried Slip
• 1 yr. Salary Account Bank Statement pdf format
• Co-applicant Aadhaar Card
• Electricity Bill / Gas Bill/ Property Tax / Rent Agreement for Residential Proof
• Applicant Selfie Image
• Co-applicant Selfie Image
• Co-applicant Aadhaar Card

Fees & Other Charges

Interest rate	18% to 21% p.a.
Processing Fee	Up To 3% of the loan amount + GST
Late Payment Fees	Applicable
Insurance Charges	Up To 3% of the loan amount
Minimum Loan Tenure	12 month
Maximum Loan Tenure	36 month

How to Apply for a Personal Loan at an 18,000 Salary

Step 1: Start the application to click on the “WeRize Personal Loan” button.

Step 2: Carefully fill in all the basic details.

Step 3: Upload Pan Card, Aadhaar Card, Salary Slip & 1 yr salary account statement.

Step 4: After the credit check, the applicant will get the loan offer.

Step 5: Now, you have to send the electricity bill & co-applicant Aadhaar card.

Step 6: Complete the e-mandate process & send a recent 1 month’s bank statement with a Passport photo of the applicant & co-applicant.

Step 7: Now, the loan will disburse.

Also Read: 7 tips to improve your personal loan eligibility in India

Customer Care Number

You can contact customer care for loan-related queries. We will solve your queries as soon as possible.

Phone No: 9051357314 (Mon to Sat: 10 am to 6 pm)

Email ID: 24hrloan2022@gmail.com

FAQs on Personal Loan at 18,000 Salary