Personal Loans for Salaried Employee
- Loans up to ₹5 lakhs
- Easy Application
- Instant Approval
Page also available in: Hindi
Whether your savings got over, you met with an emergency or simply went over budget, cash crunch won’t be your problem. For times like these, you have an instant personal loan. Zype offers personal loans for salaried starting at just 1.5% interest.
Complete an easy application process which takes less than 8 minutes and requires zero documents. You can get approved for a personal loan up to ₹5 lakhs in 60 seconds. You can then transfer the loan directly to your bank account.
To complete the application for instant personal loan online for salaried, you have to meet the lender’s eligibility criteria. While different lenders have different eligibility criteria, there are some common requirements like you should be 18 years or above, you should have a stable source of income, you should have a valid PAN, etc.
On Zype, meeting eligibility criteria for an instant personal loan for salaried is simple. This is all you need to get approved for a loan.
Zype offers loans for salaried employees without any personal loan required documents uploads or paperwork? This is all that you need to complete your application:
To complete your KYC & unlock your loan, you have to do a selfie-based verification. Since this is real-time photo verification, you don’t need to upload any documents.
You only need your PAN & Aadhaar number to get a credit offer & to complete your KYC. (Physical copy not required)
You can apply for a higher credit limit just by uploading your bank statement for the last 4 months.
The interest rate offered on the personal loans depends on many factors like your credit score, repayment history, and the lender.
Zype offers personal loans for salaried employees with an interest rate starting at just 1.5%. Refer to this table below to understand all the applicable charges and interest rates on your personal loan.
Fees & Charges | Amount Chargeable |
---|---|
Interest Rate | Starting at 1.5% (monthly) |
Loan Processing Charges | Processing fees from 2% to 6% on every loan |
Penalty on Overdue EMIs | Penal interest and late fees will be charged to your total outstanding loan on a daily basis |
Taking an instant loan for salaried employees from Zype means no lengthy applications or waiting for days to get approved for a loan.
Zype loans are unsecured loans. This means you don’t have to give any collateral as security against your personal loan. And that’s not it, you can complete your loan application in less than 8 minutes without any document uploads or paperwork. Borrow the money you need now and pay later in 3, 6, 9 or 12 EMIs.
Unsecured & Collateral Free Loans
Flexible Repayment Options of 3, 6, 9 or 12 EMIs
Easy application with no documentation or paperwork
Get the money in your account in less than 24 hours.
Complete loan application in 8 minutes
Get Loan Approval in 60 seconds.
Competitive interest rates starting at just 1.5%
If you’re applying for a personal loan for salaried on Zype, you can get approved for personal loans up to ₹5 lakhs in 60 seconds.
Follow these steps to complete your application in less than 8 minutes without any document upload or paperwork.
1) Download the Zype app from the Play Store or Appstore & create your account.
2) Complete the application by adding your PAN number along with some other basic details like your name & phone number.
3) Get approved for a credit line within 60 seconds based on your credit profile.
4) Add your Aadhaar number & do a selfie verification to complete your KYC to unlock your credit line.
5) Select your desired loan amount & EMI option.
6) Transfer the cash directly to your account in a single tap.
Yes, there are many lenders that specifically offer personal loans to salaried people. Zype is such a lender that offers instant personal loan online for salaried employees with a minimum monthly salary of ₹15000.
No, there are no specific tax benefits on a personal loan.
Just download the Zype app from Play Store/AppStore! Enter your basic details like your name, PAN, Aadhaar number, etc. and complete your application.