As you know, banks cannot give you urgent cash to manage expenses. It will take 15 to 20 days to get the loan after the proper documents & paperwork process. You will get an instant personal loan from 24hrLoan within 72 hours.
We will process your loan fast with minimal documents. Our loan procedure is simple & easy to access. You may visit our website to get instant loan eligibility.
The application process is 100% digital. After loan approval, you will get the loan within 3 to 4 hours.
Instant Personal Loan Quick Recap
| Loan Amount | Up To 5 Lakh |
| Interest Rate | 16% to 21% p.a. |
| Loan Tenure | 12 months – 36 months |
| Credit Score | -1 / 700+ |
| Age Required | 23 -55 years |
| Monthly Income | Rs. 12,000/- Net Salary |
| Processing Fees | Up to 3% of the loan amount |
| Eligible For | Salaried Person |
Features of Instant Personal Loan
Hassle-Free: We are providing a hassle-free loan disbursement process. Don’t require too many documents.
Easy Process: The application process is simple. Fill out the application with one click.
Few Documents Required: We do not take huge documents. You will get the loan with a few documents.
Fast Disburse: Your loan will be credited within 1 day. Get a fast loan disbursement with us.
Top-up Facility: We give you a top-up loan facility after the 4th EMI is complete.
Loan Amount: Get the loan up to Rs. 5 lakhs at just 12,000 net salary.
Also Read: Instant Cash Loan in 1 Hour Without CIBIL Score
Eligibility for Emergency Personal Loan
The salaried person can only apply for an emergency personal loan. 24hrLoan provides a fast process with the following eligibility criteria:
- Your net monthly salary should be Rs. 12,000
- Age: 21 to 55 years
- Credit score: -1 or 700+
- Work experience of 12 months required
- Salary should be credited to a bank account
Documents for Emergency Loan
24hrLoan doesn’t require huge documents for a personal loan. The minimum documents required for loan approval. Check the documents listed below:
- Aadhaar Card
- Pan Card
- 1-year salary credit statement pdf
- Recent 1-month salary slip
- Residential Proof
- Selfie Photo
Compare with Other Lenders for Emergency Loan
| Banks/NBFCs | Interest Rates(p.a.) | Net Salary (Monthly) | |
| WeRize | 16.00%-21.00% | Rs.12,000/- | Apply Now |
| MoneyWide | 16.83% to 32.83% | Rs. 25,000/- | Apply Now |
| IDFC Bank | 12.50% to 18% | Rs. 15,000/- | Apply Now |
| Piramal Finance | 12.99% onwards | Rs. 25,000/- | Apply Now |
| Bandhan Bank | 10.50% to 12.65% | Rs. 20,000/- | Apply Now |
| InCred | 18% onwards | Rs. 15,000/- | Apply Now |
| IIFL | 12.75% to 33.75% | Rs. 15,000/- | Apply Now |
| PaySense | 16.80%- 27.60% | Rs. 18,000/- | Apply Now |
| Hero Finance | 16.80%- 27.60% | Rs. 18,000/- | Apply Now |
| HDFC | 10.50% onward | Rs. 40,000/- | Apply Now |
| Upward | 9% – 32% | Rs. 21,000/- | Apply Now |
| Payme India | 18% to 42% | Rs. 15,000/- | Apply Now |
Emergency Personal Loan Interest & Charges
| Minimum Interest | 16% p.a. |
| Maximum Interest | 21% p.a. |
| Processing Fees | Up to 3% + GST charge |
| Late Charges | Applicable |
How to Apply for an Emergency Personal Loan
Step 1: Start logging in and click on the “WeRize Personal Loan” tab.
Step 2: Carefully fill in all the details about yourself.
Step 3: Provide your current address details & pin code.
Step 4: Simply upload all the documents like Pan Card, Aadhaar Card, Salary Slip, & 1 yr bank statement pdf.
Step 5: The verification team calls you & you will get the loan eligibility.
Step 6: After the e-mandate process is complete, the loan will be credited to your account.
Why Do People Apply for Emergency Loans?
Financial emergencies can arise without warning. Common reasons include:
Medical Expenses
Hospital admissions, surgeries, medicines, and emergency treatments often require immediate payments.
Home Repairs
Unexpected electrical, plumbing, or structural repairs can disrupt your household budget.
Education Costs
School fees, examination fees, and college admissions frequently require urgent funding.
Debt Consolidation
Many borrowers use personal loans to combine multiple debts into a single EMI.
Family Emergencies
Urgent travel, family functions, and unexpected expenses often create short-term cash requirements.
Also Read: Low CIBIL Score 5,000 Loan Apps
Factors That Affect Loan Approval
Credit Score
Higher credit scores generally improve approval chances.
Monthly Income
Your monthly salary must be Rs. 12,000, which the lender will check before approval.
Existing EMIs
Lower debt obligations improve eligibility.
Employment Stability
Longer job tenure often strengthens the application.
Banking History
Regular account activity can positively influence approval.
FAQs on Emergency Personal Loan
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Who will get the emergency personal loan?
The net monthly salary of Rs. 12,000 will require an instant emergency personal loan. The loan will be available at pan-India locations.
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How much amount the emergency loan is available?
You will get an urgent loan instantly. The minimum loan is Rs. 30,000 to Rs. 5 lakhs.
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How much does CIBIL require for an urgent loan?
A minimum credit score of 700+ is needed for urgent personal loans. If you have a zero credit score, you can also apply for a loan.
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Can I get an urgent loan without a salary?
You may get an urgent cash loan without a salary slip. But your credit score of 735+ is required. Some application like L&T, Navi, MoneyView, Privo & Kreditbee provides instant loans without income proof.