Personal Loan with Rs 60,000 Salary

Personal Loan with Rs 60,000 Salary: Get 20 Lakh Loan 100% Online

You have an excellent opportunity to obtain a personal loan at a 60,000 salary. 24hrLoan offers unsecured personal loans from multiple lenders. Get up to 10 lakh personal loan with Rs. 60,000 salary. Meet financial decisions such as funding a wedding, renovating your home, covering medical expenses, or consolidating debt.

Loan Amount Eligibility of Personal Loan

Based on a ₹60,000 salary, you can expect to qualify for a personal loan ranging between ₹5 lakhs to ₹20 lakhs. The amount depends on factors like credit history, existing liabilities, and the lender’s internal policies. The lender will calculate the multiplier method and EMI/NMI ratio to qualify for loan eligibility.

Benefits of Personal Loan with Rs 60,000 Salary

You can get a hassle-free personal loan on ₹60,000 salary. Check out other features and benefits of taking a personal loan:

Unsecured Loan: A salaried person can obtain a personal loan without collateral. You can borrow an unsecured loan at ₹60,000 salary.

Maximum Loan Amount: Obtain maximum loan amount up to ₹20 lakhs at ₹60,000 salary. Banks calculate the multiplier method and other eligibility for loan approval.

Flexible Repayment: Various lenders offer flexible repayment terms for personal loans. Repay your loan amount within 12 to 84 months.

Affordable Interest: With 24hrLoan, compare various lenders with affordable interest rates. Get the best rate of 10.85% per annum.

No More Bank Visit: Get a personal loan from 24hrLoan without going branch. You can apply for a loan directly from our website.

Documents Required for Personal Loan for Rs 60,000 Salary

To apply for a personal loan at Rs. 60,000 salary, you will need the following:

  1. Identity Proof: Aadhaar card, PAN card, passport, or voter ID.
  2. Address Proof: Utility bills, rental agreement, or driving license.
  3. Income Proof: Salary slips for the last three months and bank statements for the last six months.
  4. Employment Proof: Offer letter or employment certificate.

Also Read: 650 CIBIL Score Personal Loan

Eligibility Criteria for 60,000 Salary Personal Loan

  • Age: Usually applicant’s age is between 21 and 60 years.
  • Credit Score: A score of 700 or above improves approval chances.
  • Employment Stability: A minimum of 1 year of stable employment, with at least six months in the current job.
  • Minimum Net Income: Your in-hand salary minimum of Rs. 12,000 is required for a personal loan.
  • Debt-to-Income Ratio: Your fixed obligations (existing EMIs) should not exceed 50-60% of your income.

Compare Personal Loan Interest Rates from Top Banks

LendersInterest Rate (p.a.)Salary Per Month 
WeRize  16% to 18% p.a.Rs. 12,000Apply Now
MoneyView 1.33% per monthRs. 13,500Apply Now
InCred   11.49% to 18% p.a.Rs. 15,000Apply Now
Fibe 24% to 30% p.a.Rs. 18,000Apply Now
Prefr 18% to 36% p.a.Rs. 18,000Apply Now
Finnable 16% to 22% p.a.Rs. 15,000Apply Now
IDFC   12.50% to 18% p.a.Rs. 15,000Apply Now
PaySense   1.4% to 2.3% per monthRs. 18,000Apply Now
Upward  9% to 32% p.a.Rs. 18,000Apply Now
Axis Bank10.49% to 22% p.a.Rs. 15,000Apply Now
HDFC Bank10.75% to 21% p.a.Rs. 25,000Apply Now

How to Get Maximize Loan Benefits

Improve Your Credit Score: You can pay off existing debts and avoid missed payments to boost your maximum loan eligibility.

Choose the Right Lender: Compare loan offers from 24hrLoan which is a 100% online platform to secure the best interest rates and terms.

Negotiate Interest Rates: If you have a strong credit history, negotiate for a lower interest rate with banks.

Plan Your Repayment Term: Use an EMI calculator to determine a comfortable repayment schedule. This reduces your monthly EMI.

Also Read: Personal Loan for 5000 with Bad Credit

Conclusion

Borrow maximum leverage with a 60,000 salary personal loan. You can secure up to ₹20 lakhs loan. Choose multiple banks compare multiple lenders, and maintain financial discipline to make the most of your loan.

Pro Tip: Always check for prepayment options to save on interest and reduce your overall financial burden!

Leave a Comment

Your email address will not be published. Required fields are marked *