Personal Loan
Get a Personal Loan on Salary of ₹1 Lakh with Quick Approval
Capital Need is a trusted fintech platform that helps salaried individuals earning ₹1 Lakh and above access high-value Personal Loans from leading banks and NBFCs. By leveraging our network of lending partners, we help you find the most competitive interest rates and loan terms suited to your financial profile.
Whether it's for emergency expenses or planned big-ticket purchases, these Personal Loans come with no end-use restrictions, no collateral requirements, and flexible repayment options.
If you meet the eligibility criteria, you can benefit from quick approvals through a fully digital, hassle-free loan process—anytime,anywhere.
Personal Loan Interest Rates & Charges
You can get a Personal Loan at attractive interest rates through Capital Need’s fintech platform. Our competitive rates are designed to keep your borrowing cost low, ensuring a seamless and stress-free loan experience from star to finish.
| Personal Loan interest rates | Starting from 10.29% p.a. |
| Loan amount | Up to ₹1Cr |
| Loan Processing Fees | Depends on Profile |
| Stamp Duty | At actuals (as per state) |
Personal Loan EMI for up to 5 Years
Getting a Personal Loan on a salary of ₹1 Lakh through Capital Need’s fintech platform is a seamless and hassle-free experience. You can choose a flexible loan tenure ranging from 1 to 8 years, based on your repayment capacity. To plan your monthly installments effectively, make use of our easy-to-use online EMI calculator for better financial planning.
The table below shows the EMI amount you will have to pay if you wish to avail of a Personal Loan for 2, 3, and 5 years.
Eligibility Criteria to get Personal Loan of ₹1 Lakh Salary
The eligibility criteria for Personal Loan on salary of ₹1 Lakh is easy to fulfil. You just have to fulfil minimal requirements to get instant approval for your Personal Loan. Below are the eligibility criteria for Personal Loan for Salaried Employees.
Age
Citizenship
Employment
Work experience
Monthly income
- Age- The minimum age of the applicant should be 21 years and the maximum age of the applicant should be 65 years.
- Citizenship- The applicant should be an Indian citizen.
- Employment- The applicant must have a full-time job at one of the following: Central Govt., PSU, MNC, Listed, Unlisted Public Ltd., Pvt. Ltd., LLP or companies that are listed internally.
- Work experience- The applicant must have a job experience of at least 1 years with at least 1 months of stable employment at the current organization
- Monthly income- The applicant must have a net monthly take-home salary of minimum ₹18,000
Documents Required for Personal Loan
Since our Personal Loan application process is fully digital, you only have to submit soft copies of the required documents. You don’t have to gather hefty paperwork to be eligible for a Personal Loan .
Here are the documents required for Personal Loan.
-
KYC documents
-
Address proof
-
Income documents
-
Financial documents
-
Employment proof
- KYC documents - PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport
- Address proof - Rent agreement/ utility bills
- Income documents - 3 month Salary Slips
- Financial documents - Salary credit bank statement for the last 6 months
- Employment proof - Official mail ID confirmation/ Emp ID card
- Min Salary - INR 18000
- Credit Score - 675
Features & Benefits of Personal Loan
Our Personal Loans for Salaried Employees are designed with features and benefits that make your loan journey smoother and more convenient. Through Capital Need’s fintech platform, you get access to competitive interest rates, ensuring affordability without compromising on service quality.
These are unsecured loans, which means there's no need to provide any collateral. With flexible repayment tenures and a fully online application process, getting a Personal Loan is quick and hassle-free. We also require minimal documentation, helping speed up the approval process.
Additionally, we do not charge any foreclosure fees, allowing you to close your loan early without extra cost. To plan your repayment better, you can use our online EMI calculator for accurate monthly installment estimates.
How to Apply for Personal Loan
Applying for Capital Need’s Personal Loan on a salary of ₹1 Lakh is quick and easy, thanks to our fully digital loan application process. Just follow these simple steps:
- Step 1: Click on the ‘Apply Now’ button.
- Step 2: Fill in the required details on the loan application form.
- Step 3: Upload necessary documents.
On successful verification, the loan amount will be disbursed into your bank account instantly.
Apply for Personal Loan within 5 Minutes
Apply
Online
Apply Online
Click on ‘Apply Now’ and complete the application form
Personal
Details
Personal Details
Enter your DOB, qualification, and residential details
Verification
Verification
Submit and upload all details for verification and assessment
