Is it really an available loan at Rs. 10,000 salary?
Defiantly I give the answer is no if you asked some years ago. But now it is possible to get the loan at Rs. 10,000 salary. This is another type of credit line. You may get up to 50,000 credit lines for emergency expenses.
You can transfer this credit line to your bank & pay the interest that you use only. This loan is offered by WeRize EasyMoney. This personal loan will credit within 3 days with a 14% to 21% interest rate.
Let’s start the journey of a personal loan for a minimum salary of 10,000.
Personal Loan for 10,000 Salary
|Credit Limit||Up To 50,000|
|Age Required||21 – 55 year|
|Income Required||Rs. 10,000/- Net Salary|
|CIBIL||-1 / 700+|
|Eligible For||Salaried Person|
Benefits of Personal Loan for 10,000 Salary
Easy Process: The applicant may get fast loan approval through EasyMoney. Just complete some steps to get the credit limit.
No joining Fees: When you apply for a credit card, the lenders charge joining fees. But you will get a WeRize EasyMoney loan without paying joining fees.
Simple KYC Process: The minimal KYC documents you have to upload at the time of loan application. Upload your Aadhaar Card, Pan Card, Salary Slip & 6-month bank statement pdf.
No CIBIL Required: The WeRize EasyMoney loan is available at zero credit score. If you are taking the loan for the first time, you will get it through EasyMoney.
Lifetime Use: You can use the credit line for a lifetime. Let’s say you got Rs. 10,000 credit line & you pay the credit line amount after use. Then you will get again Rs. 10,000 credit line. So, this way you can use it for a lifetime.
No Verification: You will get the EasyMoney credit line without verification. The application process is digital.
Also Read: Get an Emergency Loan to Manage Expenses
Eligibility Criteria for 10,000 Salary Loan
They are multiple factors required when you are going to apply for a loan from a bank. But you will get the EasyMoney loan through a simple process:
- A salaried person with Rs. 10,000 net salaries required
- Your credit score of -1 or 700+ required
- The minimum 6-month job experience required
- Applicant should be Indian Citizenship
- Age: 21 to 55 years required
Don’t need any hard copy. Upload all the documents at loan process time. The following document keeps in hand for the WeRize EasyMoney loan:
- Address Proof (Aadhaar Card)
- Pan Card
- Recent 1-month Salary Slip
- Last 6-month salary credit bank statement pdf
- Applicant photo
Also Read: What is the best Personal Loan NBFC?
Personal Loan for 10,000 Salary Fees & Charges
|Minimum Interest Rate||14% p.a.|
|Maximum Interest Rate||21% p.a.|
How to Apply for 10,000 Salary Loan
Step 1: Click on the “EasyMoney Loan” to get the application form.
Step 2: Fill in the basic personal & professional details
Step 3: Upload the required documents like Pan Card, Aadhaar Card, Salary Slip & 6-month statement pdf.
Step 4: Now click on the submit button.
Step 5: Customer care calls you for the verification process & you will get the credit limit.
Step 6: Now, you will get the credit limit message with the EasyMoney app download link. Just download the application & transfer your credit limit to your bank account.
FAQs on 10,000 Salary Loan
How much loan is available at a 10,000 net salary?
The maximum 50,000 credit limit is available through Rs. 10,000 net salary. Use this credit limit for a lifetime.
What are the benefits of a 50,000 credit limit?
You will get 1% cashback on the use of the 50,000 credit limit. Also, you can use it for a lifetime.
Can I convert the credit limit to EMI?
You can easily convert your credit limit to flexible EMI as per your choice.