Get instant cash loans based on your salary 

How to get instant cash loan based on your salary

Everyone in the modern world is aware that financial needs can arise at any time. Unexpected expenses like medical bills, debts, and business purposes can cause financial imbalances, but being able to use an instant cash loan can provide you the flexibility you need.  

You can now get an instant cash loan using the best online loan apps in India such as Zap Money, making it easier and more comfortable than ever. However, to make wise financial decisions, you must be aware of how much instant cash loan online based on your salary  

Let’s first examine the idea of an instant personal loan and how it operates before getting into the specifics. Quick personal loans are unsecured loans; thus, borrowers don’t need any collateral to apply for one.  

Zap Money is one of the best personal loan apps in India, offering quick personal loans ranging from 1000 to 100000 with reasonable interest rates. The eligibility criteria for taking a personal loan from Zap Money are relatively simple:   

  • A resident of IndiaYou must be an Indian resident and have a bank account, PAN card & Aadhaar card  
  • Age: Applicants must be between 21 years to 60 years of age to be eligible for a personal loan.   
  • Employment Type: Both salaried individuals and self-employed individuals can apply for a personal loan through Zap Money.  
  • Credit score: You should have a minimum credit score of 750 to be eligible for a loan 

Benefits of Instant Cash Loans :

There are several advantages of taking instant cash loans and reasons that make it a popular choice among individual to face their financial challenges:  

Instant cash loans:   

To manage your financial burden instant cash loan plays a major role. The user will benefit from it, particularly in unforeseen circumstances like medical emergencies, business requirements, and personal use. Getting quick cash certainly helps you in meeting your financial obligations.  

Flexible Loan Amounts:  

Flexible loans can be based on your income and repayment capacity. With flexible loans borrowers can decide on the funds that are required.

No collateral:  

Usually, personal loans are unsecured which means you can avail of a personal loan without collateral. These types of loans can be disposed of quickly by the lender because it is unsecured.  

For All Income Levels:

Instant cash loans apply to individuals with different income levels. Even though salary is important individuals with low salaries can qualify. However, they must meet eligibility criteria such as credit score, repayment history, debt-to-income ratio, and applicant profile.  

Shorter Repayment Periods :

Banks and financial institutions provide shorter repayment periods to avoid long-term financial commitments. In many situations, short-term repayments help the individual to clear the debt quickly.  

Loan types that offer Instant cash loans: 

Loan Type Description Considerations 
Payday Loans It is a short-term loan and has high interest rates – Easy approval but very high interest rates  – Risk of debt trap if unable to repay on time  
Title Loans Loans are secured by the title of your vehicle (car, motorcycle, etc.). – High interest rates  – Possibility of losing your vehicle if you can’t pay back  
Pawn Shop Loans Loans secured by valuable items (jewelry, electronics, etc.) are left as collateral. – Interest rates can be high
 – Risk of losing your items if unable to repay 
Credit Card  Withdrawing cash from your credit card account. – High interest rates 
Peer-to-Peer Lending Borrowing money from individual investors through online platforms. -Lower Interest rates compared to traditional loans -Eligibility criteria are based on credit score and other factors 


Instant cash loans can be helpful to cover your short-term financial problem. However, one must be careful before obtaining an instant loan from a bank or financial institution. Compare interest rates with other lenders and ensure the repayment will not push you into a financial bind.  


Can I get a loan if my salary is in cash?  

Yes, you can get a loan without a salary account. Many lenders offer loans without salary accounts to give access to the required funding  

How much instant cash loan can I get based on my salary?  

Based on your salary, you can typically qualify for an instant cash loan. The exact amount will depend on various factors, including your monthly income, credit history, and the lending institution’s policies.  

What is the maximum loan amount I can obtain through an instant cash loan?  

The maximum loan amount you can receive through an instant cash loan is determined by your salary. It’s advisable to check with the specific lender to know the precise maximum loan amount you can qualify for.  

Can I get an instant cash loan if my salary is low?  

Yes, you can still be eligible for an instant cash loan even if your salary is relatively low. Lenders consider various factors apart from salary, such as your credit score, employment stability, and debt-to-income ratio.  

   Is it necessary to have a good credit score to obtain an instant cash loan?  

Having a good credit score can certainly increase your chances of getting approved for a higher loan amount. However, some lenders offer instant cash loans to individuals with less-than-perfect credit scores as well. These loans may have slightly higher interest rates or stricter repayment terms. 

Hariharan Ravichandran

Understanding the ever-changing environment of money may be a difficult experience.I'm Hariharan, a seasoned finance explorer and blogger. I am right there with you, beginning on this journey of financial enlightenment as a fellow traveler.


The ZapMoney app makes personal finance easy, accessible, and affordable. The App is available on Google Play Store and App Store for download, allowing you to sign up and access easy personal loans. ZapMoney is powered by Monexo Fintech Private Limited which is a registered NBFC-P2P.
Toggle Content
Toggle Content
Toggle Content
Toggle Content

No Credit History?
No Problem

We are here to help you Build and improve your credit score

We are here to help you
Build and improve
your credit score