Personal Loan for Minimum Salary 20,000

Personal Loan for Minimum Salary 20,000

A long year ago, my friend Ajay get a job with Rs. 21,500 net salary. His work experience is less than 1 year. Still, he cannot get a loan from banks because his company is not reputed.

I know, this story can be yours also. But now 24hr Loan break this barrier. We will give you a personal loan for a minimum salary of 20,000 without extra hassle.

Easily apply for a personal loan at Rs. 20,000 salary without visiting the branch. We give you a digital loan platform that can process with a single click.

Personal Loan at Salary 20,000

Loan AmountRs. 30,000 to Rs. 5 Lakh
Interest Rate1.55% to 1.85% per month
Repayment Tenure12 to 36 months
Age23 -55 years
Monthly SalaryRs. 20,000 Net
Processing ChargesUp to 3% + GST
Who Can ApplySalaried Employee

Features of Personal Loan for 20,000 Salary

Affordable Tenure: You can extend the loan tenure between 12 to 36 months.

Online Method: The method is online. Process your loan application with some clicks only.

Handy Documents: Your loan documents process is user-friendly. Keep documents near your hand before applying.

No Charges: Apply personal loan for a minimum salary of 20,000 without paying charges. Pay the processing fees only.

Maximum Loan: Unlock the maximum loan at 20,000 net salary. If you have running fewer loans, you will get a higher loan.

Top-up Benefits: Able to get the top-up benefits after 4 to 5 months of EMI.

Eligibility Criteria

  • Nationality should be Indian
  • Age is between 23 to 55 years
  • Income: 20,000 net salary
  • Job Experience 12 months

Preferred Documents

Provide the mandatory documents to get the loan approval for a 20,000 salary personal loan. There is no physical documentation process. Upload the below documents:

  • Aadhaar Card & Pan Card
  • 1 month Salary Slip (Recent Month)
  • 12 months Bank Statement (PDF Format Only)
  • Proof of Residence (Electricity bill/ Gas bill)
  • Guarantor Aadhaar Card

Personal Loan for 20,000 Salary Interest Rate

Minimum Interest Rate16% per annum
Maximum Interest Rate21% per annum

How to Apply for a Personal Loan at 20,000 Salary

Step 1: Apply for a loan through the “WeRize Loan” button.

Step 2: Fill out all your basic loan application.

Step 3: Give your current residential address with a pin code.

Step 4: Submit KYC documents & Salary Slip with 12 months’ Bank Statement.

Step 5: The verification team call you & give you the loan approval.

Step 6: The last step is the e-mandate, KYC & agreement process. After all the steps your loan amount will credit.

FAQs

How much loan is available at a 20,000 salary?

As a borrower, you will get up to Rs. 5 lakhs personal loan at Rs. 20,000 net salary. Every lender calculates the debt-of-income ratio before loan approval.

How to get the loan top-up loan facility?

If you take a loan from 24hr Loan, you can take advantage of top-up loan features after four monthly EMI are complete.

How to contact WeRize customer care?

You may connect with customer care through WhatsApp or call 9051357314.

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