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Personal Loan for Rs 30,000 Salary

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Valid till 31st March '26*T&C Apply
Instant Personal Loan

Get up to ₹50 Lakhs starting at 9.98%

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Curated offers from 30+ lenders

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Offers ranked according to eligibility

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee₹ 6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto ₹25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%

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Why Choose Paisabazaar?
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Compare & Choose the Best Offer

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Pre-approved Offers with Instant Disbursals

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Know Your Chances of Approval

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End-to-End Digital Process

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Eligibility Criteria for Salaried Applicants Earning Rs 30,000 per month

  • Credit score 750+ preferred by most lenders.
  • Age: 18 to 60 years.
  • Employees working in government or PSUs or MNCs, or reputed corporations.
  • Usually, a minimum of 6 months to 1 year of work experience.

What Banks Offer on Rs 30,000 Salary: Loan Amounts & Minimum Income Criteria

Bank/NBFC Minimum Salary Requirement Maximum Loan Amount
ICICI Bank Rs 30,000 Up to Rs 50 lakh
Kotak Mahindra Bank Rs 25,000 for Kotak Bank Salary Accountholders;

Rs 30,000 for Non-Kotak Bank Salary Accountholders

 Up to Rs 40 lakh
HDFC Bank Rs 25,000 Up to Rs 40 lakh
IndusInd Bank Rs 25,000 Up to Rs 50 lakh
State Bank of India Rs 20,000 for Government/Defense Sector Employees;

Rs 25,000 for Corporate Sector Employees

 Up to Rs 35 lakh
Axis Bank Rs 15,000 for Axis Bank Customers;

Rs 25,000 for Non-Axis Bank Customers

 Up to Rs 10 lakh

Why Apply for a Personal Loan through Paisabazaar?

  • Apply for a personal loan through Paisabazaar from top banks/NBFCs of up to Rs 40 lakh.
  • Paisabazaar partner lenders include HDFC Bank, Axis Bank, Kotak Mahindra Bank, ICICI Bank, Tata Capital, YES Bank and other 30+ top lenders.
  • 100% digital application process.
  • Get pre-approved personal loan offers from Axis Bank, Hero Fincorp, Tata Capital, IndusInd Bank, Aditya Birla Capital and more.
  • Know your loan approval chances.
  • Check your credit score for free.

How Much Personal Loan Amount You Can Get on Rs 30,000 Salary?

EMI/NMI Ratio

Lenders prefer that your EMI should not exceed 50%-55% limit of your net monthly income. For instance, you applied for a personal loan of Rs 5 lakh, have a salary of Rs 30,000 and have no other EMIs. The lender would prefer to set the personal loan amount and repayment tenure to ensure that your EMI remains around Rs 15,000 to Rs 16,500.

Multiplier Method

In the multiper method, your net monthly income is multiplied by a set number (usually 10 to 24) to calculate your eligible personal loan amount. However, existing EMIs (if any) also plays a crucial role in determining your loan amount.

Stated below are the personal loan amount you can get with a Rs 30,000 income per month based on different multipliers:-

Multipler Monthly Salary Estimated Loan Amount
10x Rs 30,000 Rs 3 lakh
15x Rs 30,000 Rs 4.5 lakh
20x Rs 30,000 Rs 6 lakh
25x Rs 30,000 Rs 7.5 lakh

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How You Can Improve Your Loan Approval Chances

Below are the tips to improve your loan approval chances if you are earning Rs 30,000 salary per month:-

  • Check personal loan offers: Check, compare and apply multiple personal loan offers at Paisabzaaar to know the eligibility criteria and
  • Maintain a good credit score of 750 or above: This gives you higher chances of getting your application approved as well as eligibile for lower interest rates.
  • Provide additional income proof: If you have any other income like stocks, mutual funds or rent, by disclosing them to the lender, you can make your application profile stronger.
  • Add a co-applicant: This lower the credit risk for the lender, if the co-applicant has the higher income and also becomes accountable for the loan repayment.

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Explore Our Personal Loan Lenders

HDFC BANKHDFC BANKAxis BankAxis BankKotak Mahindra BankKotak Mahindra BankICICI BankICICI BankFederal BankFederal BankIDFC First BankIDFC First BankIndusind BankIndusind BankRBL BankRBL BankTata CapitalTata Capital
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All Your Needs

FAQs

You can apply for a personal loan either directly from the bank/NBFC or through Paisabazaar website or app. Paisabzaar allows individuals to compare the best personal loan offer available based on their monthly income, credit score, employment profile, etc.

The repayment tenure of personal loan usually ranges from 1 year to 5 years, while some public sector banks offering tenure of up to 7 years.

The personal loan eligibility does not depend only on your monthly income. Other factors include credit score, employment profile, work experience etc, set by the lender.

Most banks and NBFCs provide personal loan @ 9.98% p.a. onwards. Lender set the interest rate based on the credit profile of their loan applicants and their internal policies. Some public sector banks may offer loans at lower interest rates.

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What our customers say

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026

Best Advisor for Personal Loan

I would like to share my feedback regarding my recent interaction with Mr. Vipin Singh (employee id EW12967) After discussing the financial matters with him, I felt very satisfied with his approach and professionalism. He explained everything clearly, handled the discussion patiently, and ensured that all concerns were addressed effectively. His communication skills, positive attitude, and dedication towards his responsibilities truly reflect his commitment to the organization.

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20th Jan 2026Jan 20, 2026

Meri shaddi thi

Shadi mai bht kharche hote hai. Maine shaddi ke liye personal loan paisabazaar se liya tha. Process smooth tha or interest bhi sahi milla.

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Sadia KhatunJan 15, 2026

Perfect for Loan Solutions

Recently I had a conversation with Mr. Harsh ji. Thanks Mr. Harsh ji for providing a better solution in a very short period of time with very nice behaviour. Thank You very much.

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Amit ChahalJan 15, 2026

Travel ke liye personal loan liya tha

Mai bohot din se out of India ghumne jana chahti thi lekin jab jane ka time mila toh budget kaam padh raha tha, Paisabazaar se personal loan leke bht acha trip kiya. Maza agaya. Mere upar koi burden bhi nhi padha

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Tarini RoyJan 14, 2026

Easy personal loan available

Took personal loan. Good experience.

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Ruchika TiwariJan 14, 2026

Stress-free Laon Borrowing Process

There was a complication with my KYC verification. Paisabazaar’s Shazeb handled it swiftly and professionally. He ensured that I received regular updates, explained the resolution steps clearly, and most importantly, resolved the issue quickly. His prompt assistance and communication made the entire experience smooth and stress-free. Thanks to his efforts, the loan process was completed without further delays.

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Abhishek ThakuraJan 14, 2026
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