5 lakh personal loan - EarlySalary

Eligibility Criteria Instant Cash Loan

EarlySalary’s instant cash loan app provides instant cash loans up to INR 5,00,000 instantly if you meet our loan eligibility criteria. Conventional banks and lenders lay excessive emphasis on your past credit history and several other terms and conditions. With EarlySalary, you need to meet only four basic eligibility criteria. If you check the following boxes, getting a loan approval will be easy:

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

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

- Rs.18,000 if you live in a metro city like Delhi, Mumbai, Hyderabad, Kolkata, Bangalore or Chennai.

- Rs.15,000 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.


Instant Loan Apply Online Logo - EarlySalary
Apply Online
Low Paper Work Instant Loan - EarlySalary
Low Paper work
Instant loan High Approval Logo - EarlySalary
High Approval
Transfer Cash Loans Online Logo - EarlySalary
Transfer To Your Bank

Documentation For Instant Cash Loan

Must be a Salaried-employee with in hand salary ₹ 18,000 (Metro Cities) & 15,000 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

Interest Rates - EarlySalary

What Are The Interest Rates & Tenure?

EarlySalary’s interest rates for Instant cash 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 Instant cash loan calculator to accurately determine your EMI amount and repayment schedule with just a few clicks.

Instant Cash 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.

Your EMI Amount is

₹  

13,107

Loan Amount

145,000

Min

Max

₹8,000

₹10,00,000


Interest rate

14%

12

30


Select EMI option

12 Months

3

36

Months

Months


Blogs

Here what people are saying about EarlySalary

Our Republic Turns 71: Has Our Credit Sector Kept Pace?

They say the concept of credit is as old as humanity itself; coming into existence even before the concept of money did. The concept of formal credit, however, is a little more recent. On the occasion of the Indian Republic turning 71, we trace the history of the Indian credit sector, and see how it […]

Sound Financial Advice: Invest more, Spend More.

Why is investing important? It is a question with an obvious but prudent answer. If you are already struggling to manage a monthly budget and repaying debts, you might wonder why should you add another financial task to your to-do list. But, investing might be the most important expenditure of all. Investing is crucial as […]

Don’t let your organization miss the mark of pay equity

While pay equity as a concept is fairly old, its context has continued to evolve with time. Originally leveraged as a tool to combat the adverse impact of unequal pay between people of varying social classes and backgrounds, it is now the de facto term to address gender pay disparity. India has had a good […]

View all blogsView all blogs