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Personal Loan for Rs. 80,000 Salary

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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
Axis Bank
Low Processing fee
Max. Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Lowest Income requirement100% Digital Process*
Max. Loan Amt.Upto ₹25L
Rate of Interest9.98% - 17.2%
Tenure upto1-5 Years
Processing Fee1.1% - 1.5%

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Why Choose Paisabazaar?
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Compare & Choose the Best Offer

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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

Why Apply for Personal Loans Through Paisabazaar?

  • Get personal loan from various top banks such as Axis Bank, ICICI Bank, HDFC Bank, IDFC FIRST Bank, Kotak Mahindra Bank, IndusInd Bank, YES Bank and over 30+ lenders
  • Avail a personal loan with minimal documentation
  • Avail loan of up to Rs. 40 lakh from top banks and NBFCs with a digital application process
  • Know your chances of approval
  • Check your credit score for free
  • Pre-Approved offers from Axis Bank, Tata Capital, IndusInd Bank Hero Fincorp, and more.

Eligibility Criteria for Salaried Applicants Earning Rs. 80,000 Per Month

  • Credit score: Usually 750+ is preferred by most lenders.
  • Age: 18 to 60 years.
  • Permanent salaried employees working in MNCs, PSUs or reputed corporations.
  • Lenders generally require a minimum 1 year of work experience.

Pre-Approved Personal Loan Offers on Rs. 80,000 Salary

Pre-approved personal loans enable you to get loans approved quickly and with minimum documentation. If you have a good credit score, a good repayment history and regular monthly income, you may be eligible for pre-approved personal loans. 

You can get pre-approved offers from Axis Bank, Tata Capital, IndusInd Bank, Federal Bank, Hero Fincorp, Aditya Birla Capital, etc., through Paisabazaar.

What Banks Offer on Rs. 80,000 Salary: Loan Amounts & Minimum Income Criteria

Bank/NBFC Minimum Salary Requirement Maximum Loan Amount
ICICI Bank Rs. 30,000 Up to Rs. 50 lakh
HDFC Bank Rs. 25,000 Up to Rs. 40 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
State Bank of India Rs. 20,000 for Government/Defense Sector Employees;

Rs. 25,000 for Corporate Sector Employees

 Up to Rs. 35 lakh
IndusInd Bank Rs. 25,000 Up to Rs. 50 lakh
Axis Bank Rs. 15,000 for Axis Bank Customers;

Rs. 25,000 for Non-Axis Bank Customers

 Up to Rs. 10 lakh

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How Much Personal Loan Amount Can you Get on Rs. 80,000 Salary?

EMI/NMI Ratio

Lenders generally prefer that your EMI should not exceed the 50%-55% limit of your net monthly income. For example, you apply for a personal loan of Rs. 5 lakh @ 10% p.a. with a salary of Rs. 80,000 and have no other existing EMIs. In this case, the EMI of the proposed loan would be Rs. 16,134, and the tenure option offered would usually be for 36 months. Note that lenders usually prefer to set the personal loan amount and repayment tenure to ensure that your EMI remains around 50%-55% of your monthly income. 

Multiplier Method

Most personal loan lenders use a multiplier method to calculate your maximum loan amount. It usually ranges between 12%-24% of your NMI or Net Monthly Income. Moreover, your existing EMIs also play a crucial role in determining your loan eligibility.

Documents Required for Personal Loan Application

General Personal Loan Documents

  • Passport-size photographs
  • Identity Proof: Aadhaar Card/PAN/Passport/ Voter’s ID/Driving License
  • Address Proof: Aadhaar Card/Passport/Driving License/Electricity Bills (not more than 3 months old)
  • Income Proof: Salary Slips/Form 16/Bank Account Statement

Digital Document Processing/Paperless Documents

No physical documents are needed for digital personal loans. The application is processed via e-KYC or digital KYC processes. Generally, only PAN and Aadhaar numbers are required.

Documents for Pre-Approved Loans

Pre-approved personal loans do not require any documentation, as the lender already has your KYC documents and the initial credit assessment of their customers is already done.

Tips to Get the Best Personal Loan Offer on 80000 salarly

  • Build and maintain a credit score above 750
  • Avoid making multiple loan inquiries within a short period of time
  • Keep your existing EMIs minimal
  • Select a shorter tenure for lower overall interest outgo
  • Use your salary bank account to get preferential rates
  • Compare at least 3–5 loan offers before you apply

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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FAQs

On a monthly salary of Rs. 80,000, you can get a loan amount ranging from Rs. 9,60,000 to Rs 19,20,000, considering a 12x-24x multiplier preferred by most lenders. Your existing EMIs, credit profile and the lender’s credit policies are other factors that can affect your loan amount eligibility.

In case you foreclose your personal loan before the loan repayment tenure, the lender may levy foreclosure charges on the outstanding loan amount. The foreclosure charges on personal loans can go up to 5% of the outstanding principal amount.

The personal loan repayment tenure usually ranges between 1 year to 5 years. However, some public sector banks also offer a tenure of up to 7 years.

Most banks and NBFCs provide personal loans starting @ 9.98% p.a. The interest rate offered on your personal loan is generally set on the basis of your credit profile and the lenders’ internal policies. Some public sector banks may however, offer personal loans at lower interest rates.

Yes, many banks and NBFCs offer instant or pre-approved personal loans to salaried individuals earning Rs. 80,000 per month, particularly if you have a good repayment record and maintain a salary account with the same bank.

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What our customers say

Best marketplace to shop for loans

I highly recommend Paisabazaar app to everyone looking out for personal loans. The customer support is so supportive and follows up with you throughout the loan process.

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Shweta SinghNov 13, 2025

Highly recommended platform

I applied for a personal loan for medical emergency through Paisabazaar and got amazing service like nowhere else. The team was extremely cooperative and followed up with me until I had my loan amount in my account. My loan was disbursed within 24 hours. It is indeed an excellent platform for taking loans.

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Sunil YadavOct 29, 2025

Instant loan disbursal

I applied for a personal loan through Paisabazaar and got my loan disbursed in no less than 24 hours. The team was extremely cooperative, guided me through the entire process and followed up with me until I had my loan amount in my account. I highly recommend this platform to everyone looking for an urgent loan.

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Neha JainOct 29, 2025

Excellent platform

Excellent platform for personal loan comparison! Their EMI calculator helped me pick the best tenure & my monthly emi.

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Manish KumarOct 23, 2025

Got personal loan instant

I was a medical emergency &amp; need funds instantly I applied for loan at Paisabazaar &amp; see I have a pre approved offers &amp; apply to it &amp; amount disbursed in 48 hours thanks to paisabazaar teams

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Mansi SharmaOct 17, 2025

Got loan yesterday

I got a loan of 2 lakh from Paisabazaar. Until now, I didn&#x27;t know that it was so easy to get loan through Paisabazaar. They helped me with all documents and process and my loan was sanctioned yesterday itself.

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Priyanka SharmaOct 15, 2025

Pre-approved offers

I logged in to Paisabazaar app and saw pre-approved offers as per my credit profile from different lenders. I could avail the offer easily and got quick disbursal in as less as 24 hours without any hassle.

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Sunanda MishraSep 28, 2025

Got personal loan in a few minutes

I had pre-approved offers. When I applied through Paisabazaar, I got my personal loan approved within a few minutes. The process was very hassle-free and the team was extremely cooperative.

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Preeti SinghSep 26, 2025

Cibil kam tha fir bhi loan dila diya

Mera cibil kam tha fir bhi paisabazaar walo ne loan dila diya mujhe jo bohot jaruri tha.

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Pawan SehrawatSep 25, 2025

Personal loan quick approved

My personal loan was quick approved on Paisabazaar. Everything was online and I was not required to submit any more documents.

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Vivaan ShahSep 24, 2025
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