Eligibility Criteria Personal Loan

EarlySalary’s loan app provides a personal loan up to INR 5,00,000 right from the comfort of your smartphone if you meet our loan eligibility criteria. Conventional banks and lenders analyse your past credit history and several other criteria too closely to verify your credit-worthiness. With EarlySalary, you just need to meet four primary eligibility criteria. Make sure you qualify on this, and getting a personal loan should be easy.

1. Age: You must be at least 21 years old at the time of your personal loan application. You must not be older than 55 years.

2. Income: You must be a salaried professional and drawing monthly salary of:

- Rs.22,000 if you live in a metro city like Delhi, Mumbai, Hyderabad, Kolkata, Bangalore or Chennai.

- Rs.20,000 If you live in non-metro cities.

3. Citizenship: You must be a resident of India

4. KYC: You must have all the KYC documents required.

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Document Required For Personal Loan

Must be a Salaried-employee with in hand salary ₹ 22,000 (Metro Cities) & 20,000 for (Non-Metros)

Must Be above 21 years & Below 55 years of age

Must be a resident of india

Document Required

Pan Card

Address Proof

ID Proof

3 Month Salary Slip ( PDF) - Not mandatory for all customer


What Are The Interest Rates & Tenure?

EarlySalary’s interest rates for personal loans remain amongst the lowest in the industry.

While they are determined based on your profile and eligibility score, they can be as low as just Rs 9 / day.

This applies to all loans tenures sanctioned to you - right from 6 months to all the way up to 36 months.

Know Your EMI & Available Repayment Options

As a borrower, you retain the flexibility to pick your preferred EMI repayment schedule from the options made available to you. Use the EarlySalary personal loan calculator to accurately determine your EMI amount and repayment schedule with just a few clicks.

Personal Loan EMI Calculator

Skip the manual calculations. Use the EarlySalary EMI Calculator to accurately determine your repayment amounts, interest charges, and more.

EarlySalary's instant cash EMI calculator is your reliable tool to determine your loan EMI in just a few minutes and some simple steps. EarlySalary offers instant cash of up to Rs 5 lakhs with minimal documentation and quick processing. Coupled with interest rates as low as Rs 9/day, this is by far your most compelling credit option in the market. Calculate your monthly repayments based on your sanctioned loan amount and interest rates using this handy EMI calculator that's operate and easy to understand. With EarlySalary, you can even prepay your loan amount with no additional charges.

Loan Calculator
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