Digital applications allow salaried employees to get funds within hours.
Basic KYC, salary slips, and bank statements are usually sufficient.
Borrow as per your income level and repayment capacity.
Personal loans for salaried employees are processed quickly, making them ideal for urgent financial needs.
Salaried individuals can avail personal loans without pledging any assets or security.
A stable monthly income helps salaried employees meet eligibility criteria with ease.
Only basic KYC and income-related documents are required, reducing paperwork.
Borrowers can choose a repayment period that fits comfortably within their monthly budget.
Salaried employees often receive better interest rates due to income stability and lower risk.
The personal loan eligibility for salaried person basically depends on monthly income and Valid papers.
Most of the salaried workers have a low or no CIBIL score, but that should not hold you back. At RUPEE112, we concentrate on your current income rather than your credit history. You are welcome as well, and getting a loan is easier than ever if you are looking for a specific loan for salaried individuals with low CIBIL scores.
Loan costs for salaried workers include interest rates, tenure, processing fees, and other applicable charges based on your income and credit profile.
Below is an example for understanding. Actual loan terms will depend on your profile.
| Particulars | ₹10,000 Loan | ₹50,000 Loan | ₹1,00,000 Loan |
|---|---|---|---|
| Loan Amount | ₹10,000 | ₹50,000 | ₹1,00,000 |
| Tenure | 3 months | 3 months | 3 months |
| Monthly Interest Rate | 1.5% | 1.5% | ₹7,250 |
| Total Interest Payable | ₹450 (₹10,000 × 1.5% × 3) | ₹2,250 (₹50,000 × 1.5% × 3) | ₹4,500 (₹1,00,000 × 1.5% × 3) |
| Processing Fee (10%) | ₹1,000 | ₹5,000 | ₹10,000 |
| Total Repayment (Loan + Interest) | ₹10,450 | ₹52,250 | ₹1,04,500 |
| Total Cost (Including Processing Fee) | ₹11,450 | ₹57,250 | ₹1,14,500 |
Visit the official RUPEE112 website or mobile app and begin your loan application easily.
Choose a loan amount based on your financial requirements and repayment comfort.
Enter your PAN details and registered mobile number, then complete the verification process.
Provide your income and employment details accurately to ensure faster processing
Review your application carefully and submit it for approval.
After verification and approval, the loan amount is credited directly to your bank account.
Getting a personal loan with instant approval at RUPEE112 is a simple and convenient solution for salaried employees who need quick financial support. The entire application process is 100% online and requires minimal documentation, making it suitable even for first-time borrowers. With fast verification and quick processing, applications are reviewed without long waiting periods. Once approved, the loan amount is credited directly to your bank account, helping you manage emergencies or personal expenses smoothly and without delays.
Download the app now to apply for a Salaried Employee Personal Loan with a quick and fully digital process. Enjoy simple eligibility, minimal documentation, fast approval, and direct bank disbursal, designed to meet your financial needs without delays.
Rupee112 Lending Partners:
( All lending partners are RBI-registered NBFCs.)
SOLOMON CAPITAL PRIVATE LIMITED is a Non Banking Finance Company (NBFC) registered with the Reserve Bank of India (RBI). RUPEE112 is the brand name under which the company conducts its lending operations and specialize in meeting customer's instant financial needs.