Personal Loan

Overview

Get a Personal Loan on Salary of ₹1 Lakh with Quick Approval

Loan Suvidha is a trusted fintech platform that enables salaried individuals earning ₹1 Lakh or more per month to access high-value Personal Loans from reputed banks and NBFCs. Through our extensive lending partner network, we help you secure competitive interest rates and favourable loan terms tailored to your financial profile.

These loans come with no collateral requirements, no end-use restrictions, and flexible repayment options, making them ideal for both urgent needs and planned expenses. With our fully digital and hassle-free process, eligible applicants can enjoy quick approvals anytime, anywhere.

Personal Loan Interest Rates & Charges

You can get a Personal Loan at attractive interest rates through Loan suvidha’s fintech platform. Our competitive rates are designed to keep your borrowing cost low, ensuring a seamless and stress-free loan experience from star to finish.

Personal Loan interest rates	Starting from 9.9% p.a.
Loan amount	Up to ₹1Cr
Loan Processing Fees	Depends on Profile
Stamp Duty	At actuals (as per state)

Personal Loan EMI for up to 5 Years

Avail a Personal Loan on a salary of ₹1 Lakh through Loan suvidha’s digital lending platform. Borrowers can choose a flexible loan tenure between 1 and 8 years and estimate monthly EMIs using our free Personal Loan EMI calculator for better financial planning.

Check the table below to understand EMI payouts for 2, 3, and 5-year loan options.

Eligibility Criteria to get Personal Loan of ₹1 Lakh Salary

The eligibility criteria for Personal Loan on salary of ₹1 Lakh is easy to fulfil. You just have to fulfil minimal requirements to get instant approval for your Personal Loan. Below are the eligibility criteria for Personal Loan for Salaried Employees.

Age

Citizenship

Employment

Work experience

Monthly income

Age- The minimum age of the applicant should be 21 years and the maximum age of the applicant should be 65 years.
Citizenship- The applicant should be an Indian citizen.
Employment- The applicant must have a full-time job at one of the following: Central Govt., PSU, MNC, Listed, Unlisted Public Ltd., Pvt. Ltd., LLP or companies that are listed internally.
Work experience- The applicant must have a job experience of at least 1 years with at least 1 months of stable employment at the current organization
Monthly income- The applicant must have a net monthly take-home salary of minimum ₹18,000

Documents Required for Personal Loan

Since our Personal Loan application process is fully digital, you only have to submit soft copies of the required documents. You don’t have to gather hefty paperwork to be eligible for a Personal Loan .

Here are the documents required for Personal Loan.

KYC documents
Address proof
Income documents

Financial documents
Employment proof

KYC documents - PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport
Address proof - Rent agreement/ utility bills
Income documents - 3 month Salary Slips
Financial documents - Salary credit bank statement for the last 6 months
Employment proof - Official mail ID confirmation/ Emp ID card
Min Salary - INR 18000
Credit Score - 675

Features & Benefits of Personal Loan

Loan suvidha offers Personal Loans for salaried employees with competitive interest rates and flexible repayment options. These unsecured personal loans require no collateral and come with minimal documentation, ensuring quick approval through a fully online process. With zero foreclosure charges and an easy-to-use EMI calculator, borrowers can plan repayments efficiently and close loans early without extra cost.