Access Personal Loans up to ₹1,00,000 for ₹18,000 Salary Earners
Quick and Easy Loan Approval
Simple Online Application Process
Swift Fund Disbursal to Meet Your Immediate Needs
Features and Benefits of ₹18,000 Salary Personal Loan
For those earning ₹18,000 per month, Kreditbazar’s trusted NBFC partners offer personal loans up to ₹1,00,000 to support your financial needs.
Quick Personal Loan Approval
Thanks to Kreditbazar’s collaboration with reliable NBFCs, you can receive fast approval for personal loans up to ₹1,00,000, providing quick financial solutions for ₹18,000 salary earners.
Apply for a Loan Effortlessly from Home
Forget about the hassle of paperwork! Kreditbazar’s simple online application process makes it easy for ₹18,000 salary earners to apply for a loan from the comfort of their home.
Easy and Quick Application Process
With minimal documentation required, Kreditbazar ensures a smooth and hassle-free application process, making it accessible for ₹18,000 salary earners.
Unsecured Loans with No Collateral
Kreditbazar offers unsecured loans up to ₹1,00,000, meaning ₹18,000 salary earners can access loans without the need to pledge any assets.
Fast Loan Disbursal
Once your loan is approved, funds are quickly disbursed to your account, allowing you to manage your financial requirements without delay.
Flexible Repayment Options
Kreditbazar’s partnered NBFCs offer flexible EMI plans, ensuring that ₹18,000 salary earners can manage their loan repayments based on their financial capacity.
Fees & Interest Rates for ₹18,000 Personal Loan
Kreditbazar provides access to personal loans with competitive interest rates and transparent fees. Since we partner with multiple NBFCs, you can choose from a variety of loan offers that suit your financial requirements.
| Fee Type | Amount |
|---|---|
| Rate Of Interest | Starting from 16% p.a. on a reduced balance basis |
| Processing Fee | Starting from 2% of the loan amount plus GST |
| Tenure | 3 to 36 months |
| APR | Starting from 18% |
| Bounce Charge | ₹500 plus GST |
| Late Payment Charges | ₹500 plus GST or 3% of the total loan amount, whichever is higher as per the overdue amount |
| Stamp Duty | 0.1% of the loan amount |
| Mandate Rejection Charges | ₹250 plus GST |
| Pre-Clouser Charges | Nil |
Know Loan Criteria, Apply Confidently!
Quick and Simple Requirements to Avail a ₹18,000 Personal Loan through Kreditbazar
NBFC Loan Criteria for Salaried
Eligibility Criteria -
Age : Above 21 years and below 55 years
Minimum Salary : ₹15,000 Monthly
Stability : Minimum 1 Year Job Stability
Resident : Resident of India
Documents Required -
Identity Proof : Passport / Aadhaar card / PAN card / Driver's license
Selfie : A clear picture of yours with proper lighting
Address Proof : Passport / Rent agreement / Utility bills / Voter’s ID
Proof of Income : Bank statements / Salary slips (3 months) / Form 16
NBFC Loan Criteria for Self-Employed
Eligibility Criteria -
Age : Above 21 years and below 55 years
Minimum Income : ₹15,000 Monthly
Stability : Minimum 1 Year Business Stability
Resident : Resident of India
Documents Required -
Identity Proof : Passport / Aadhaar card / PAN card / Driver's license
Selfie : A clear picture of yours with proper lighting
Address Proof : Passport / Rent agreement / Utility bills / Voter’s ID
Proof of Income : Bank statements / Minimum 3 Year IT Return
Purpose & Uses of Personal Loan
A ₹18,000 Personal Loan through Kreditbazar to Fulfill Your Various Financial Requirements
Travel
Education
Emergency
Shopping
Wedding
Low Salary
Maternity
Gifting
Home Renovation
FAQs on ₹18,000 Salary Personal Loan
Get Answers to All Your Questions About Applying for and Managing a ₹18,000 Salary Personal Loan.
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How can I apply for a ₹18,000 salary personal loan through Kreditbazar?
You can easily apply online by filling out the application form on the Kreditbazar website, which connects you with our trusted NBFC partners.
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What is the maximum loan amount available for a ₹18,000 salary personal loan?
The maximum loan amount you can avail for a ₹18,000 salary is up to ₹2,00,000, subject to eligibility and approval from our NBFC partners.
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What documents are required for a ₹18,000 salary personal loan?
You will need identity proof (Aadhaar, PAN card, passport, etc.), address proof (utility bills, rent agreement), income proof (salary slips, bank statements), and a selfie.
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What is the interest rate on ₹18,000 salary personal loans?
The interest rate varies based on factors like your credit score and lender policies. Typically, it ranges from 10-20% annually.
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How long will it take to get a ₹18,000 salary personal loan approval?
The approval process is quick and can take between 24-48 hours, depending on the completeness of your documents and eligibility.
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Can I get a ₹18,000 salary personal loan without a credit score?
While a good credit score is preferred, some lenders may offer personal loans to ₹18,000 salary earners with a low or no credit score, depending on other eligibility criteria.
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Can I apply for a ₹18,000 salary personal loan if I am self-employed?
Yes, self-employed individuals can also apply for a personal loan. The eligibility criteria may vary, so it’s important to check with the NBFCs on Kreditbazar.
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What is the maximum tenure for a ₹18,000 salary personal loan?
The maximum tenure for a ₹18,000 salary personal loan can be up to 5 years, depending on the lender’s policies.
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Can I pay off my ₹18,000 salary personal loan early?
Yes, most lenders allow early repayment. However, some may charge a prepayment penalty, so it's best to check the terms beforehand.
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How do I calculate the EMI for my ₹18,000 salary personal loan?
You can use Kreditbazar’s online EMI calculator to determine your monthly EMI based on the loan amount, tenure, and interest rate.
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Is there an application fee for a ₹18,000 salary personal loan?
Kreditbazar does not charge any application fee for the loan. However, the lending NBFCs may charge processing fees.
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Can I apply for a ₹18,000 salary personal loan if I am a first-time borrower?
Yes, first-time borrowers can apply for personal loans. However, approval will depend on your creditworthiness and other factors.
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What is the age limit to apply for a ₹18,000 salary personal loan?
The minimum age is typically 21 years, and the maximum age is 58 years, depending on the lender’s policies.
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What is the minimum salary requirement for a ₹18,000 salary personal loan?
The minimum salary required is ₹18,000 per month for salaried individuals to apply for this loan.
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Can I use a ₹18,000 salary personal loan for debt consolidation?
Yes, you can use your ₹18,000 salary personal loan for consolidating existing debts, reducing your financial burden.
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How can I improve my chances of approval for a ₹18,000 salary personal loan?
Maintain a good credit score, ensure your documents are accurate, and meet the lender’s eligibility criteria to improve your chances of approval.
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Is there a processing fee for a ₹18,000 salary personal loan?
Yes, most NBFCs charge a processing fee, typically ranging between 1-2% of the loan amount.
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Can I get a ₹18,000 salary personal loan without any collateral?
Yes, personal loans for ₹18,000 salary are unsecured, meaning no collateral is required to apply.
