Personal Loan for Salaried

Name: Personal Loan for Salaried
Brand: Paisabazaar
Rating: 4.2 (2839 reviews)

Banks and NBFCs prefer lending personal loans to salaried applicants due to their higher income certainty. Salaried applicants working with government or PSU entities are the most preferred due to their higher job security. They are followed by private sector employees working with top corporates and MNCs. Many lenders also offer preferential interest rates to those working with government/PSUs and top corporates/MNC.

Wide Choice

Curated offers from 30+ lenders

Quick Disbursal

Money in your account instantly

SmartMatch

Offers ranked according to eligibility

Digital Process

Hassle-free & paperless

Customer Rating

4.2_/5

2839 Reviews

51M+Satisfied Customers

65+Lending Partners

800+Cities across India

Get up to ₹1,000*

Voucher on disbursal

Valid till 15^th November '25

Valid till 15^th November '25*T&C Apply

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Customer Rating

4.2_/5

2839 Reviews

51M+Satisfied Customers

65+Lending Partners

800+Cities across India

Paisabazaar Exclusive Benefits

Wide Choice

Curated offers from 30+ lenders

Quick Disbursal

Money in your account instantly

SmartMatch

Offers ranked according to eligibility

Digital Process

Hassle-free & paperless

Find Best Personal Loan Offers

Sort by:

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%

Why Choose Paisabazaar?

Compare & Choose the Best Offer

Pre-approved Offers with Instant Disbursals

Know Your Chances of Approval

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

Features of Personal Loans Offered to Salaried Employees

Salaried individuals are offered instant personal loans at 9.98% onwards.
The maximum loan amount is Rs 40 lakh.
The loan tenure is generally up to 5 years. Some lenders might offer loans for up to 7 years also.
There is no end usage restriction on personal loans for salaried, except for speculation.
The processing fee is usually up to 4%. Some banks/NBFCs also offer processing fee waivers during special festive offers.
Many lenders also offer pre-approved instant personal loans to select customers based on their monthly income, age, banking history and other aspects of their credit profile.

Eligibility Criteria for Salaried Employees Availing Personal Loan

Age: 21 years (at the time of loan application) and 60 years or retirement age (at the time of loan maturity)
Nationality: Indian resident
Profession: Employees working in private limited company or public sector undertakings with an experience of at least 1 year
Minimum Monthly Income: At least Rs 15,000
Credit Score: 700 and above can increase the possibility of availing personal loan for salaried and at lower interest rates

Personal Loan Documentation for Salaried Applicants

ID proof
PAN card
Signature proof
Address proof
Employee ID card
Last 3 months’ salary slips
Bank statements for past 6 months
Latest ITR/Form 16

Avail Personal Loan For
All Your Needs

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

Avail Personal Loan For
All Your Needs

FAQs

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What our customers say

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.

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.

Neha JainOct 29, 2025

Excellent platform

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

Manish KumarOct 23, 2025

Got personal loan instant

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

Mansi SharmaOct 17, 2025

Got loan yesterday

I got a loan of 2 lakh from Paisabazaar. Until now, I didn'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.

Priyanka SharmaOct 15, 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.

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.

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.

Vivaan ShahSep 24, 2025

Loan Approved in on day

I confused between HDFC & Axis personal loans, but Paisabazaar showed me all the offers side by side. I apply in 10 minutes and got approval the next day!

Rahul MehtaSep 23, 2025

Personal loan mila yahaan se

Mujhko personal loan mila yahaan se bina koi dikkat hue. Maine toh online apply kiya aur 3 lakh ka loan mila 2 saal ke liye.

Pankaj SinhaSep 22, 2025

View All Testimonials

Written By

Vandana Punj

Reviewed By

Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers

Personal Loan for Salaried

Paisabazaar Exclusive Benefits

Find Best Personal Loan Offers

How Can I Apply for a Personal Loan Online?

Features of Personal Loans Offered to Salaried Employees

Eligibility Criteria for Salaried Employees Availing Personal Loan

Personal Loan Documentation for Salaried Applicants

How Can I Apply for a Personal Loan Online?

FAQs

At what interest rates are personal loans offered to salaried individuals?

How can salaried individuals apply for a personal loan?

Do salaried individuals get lower interest rates on personal loans?

How long does it take for a salaried applicant to get a personal loan?

What is the maximum loan amount a salaried employee can avail of?

What is the processing fee charged on personal loans offered to salaried individuals?

Personal Loan Articles

What our customers say

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