Get a quick personal loan for 15000 salary  

Even with India’s rising employment rate, people still require money to lead a modern lifestyle. Sometimes we find ourselves in a situation where we don’t have enough money. There are unexpected situations like medical emergencies, business development, or a sudden trip. To handle those situations personal loans can play an important role. Getting a personal loan for 15000 salary is now easy with an online loan app such as Zap Money.  

This blog post will explain the requirements, eligibility criteria, and paperwork needed to obtain a Personal Loan on ₹15000 Salary.

Personal Loan on ₹15000 Salary:  

For a personal loan, a minimum qualifying income of Rs. 15000 is required. A minimal salary simplifies the qualifying requirements, making personal loans accessible to everyone with a small income. The main purpose of verifying the applicant’s monthly salary is to evaluate their repayment capacity. A person making 15,000 per month can obtain an instant cash loan 8,000 from Zap Money with a fast approval process and a fair interest rate.  

Features and Benefits of 15k Salary Personal Loan:  


There are no collateral or guarantee requirements for instant personal loans. When cash is needed quickly, a personal loan without collateral is a great choice because the loan amount is restricted and the borrower’s income range begins at Rs. 15,000.  

Calculate your loan EMI here.  


Since online loan apps like Zap Money are governed by the RBI, their loans are safe and secure through the application process.  

Paperless Documentation:

Digital earnings check-in and online KYC identification save a lot of time. Presenting a paycheck or bank report is required of borrowers.

Flexible Repayment Terms:

Zap Money offers flexible repayment terms for personal loans, allowing borrowers to choose a repayment period that fits their budget and financial situation. Typical repayment periods can range from 3 to 12 months.  

Competitive Interest Rates:

Salary-based personal loans often come with competitive interest rates compared to credit cards or other forms of unsecured credit. The interest rates may vary based on factors such as your credit score, income, and repayment term.

Credit Score Improvement:

You may raise your credit score by repaying your debts on time, which will increase your chances of getting future credit at favorable terms or loans.

Documents required for a personal loan:  

Identity Verification:  

  • Voter ID  
  • Passport  
  • PAN Card  

Address Verification:  

  • Recent utility bills (electricity, water, gas)  
  • Rental agreement  
  • Ration card  

Income Proof:  

  • Salary slips (for the last 3-6 months)  
  • Bank statements (for the last 3-6 months)  

Financial Records:  

Recent bank statements (for the last 3-6 months)  

Personal Identification:  

Recent passport-size photographs  

Processing Fee:  

Some lenders may require an upfront processing fee payment.

Eligibility Criteria for Instant Personal Loans:  

To get a personal loan, you need to meet some basic eligibility criteria. These criteria may differ from lender to lender, but generally, they include:  


You must be between the ages of 21 and 60 to avail a personal loan.  

Stable Income:  

To apply for a personal loan, you must have a regular income of at least 15,000 to 25,000 rupees. The majority of lenders provide personal loans to borrowers with steady incomes to guarantee that they are on their payments.  

Credit Score:  

An instant personal loan from Zap Money is available to anyone who maintains a score of at least 750 or above. A person’s creditworthiness is expressed by their credit score, which is a numerical representation based on numerous factors such as before repayment history. Better chances of receiving permission more quickly and a lower default risk are indicated by a higher credit score.  


Zap Money is an instant lending app that is your one-stop shop for any urgent financial needs. You may easily and quickly apply for loans with Zap Money. Your credit line is unlocked once you download the app and finish the loan application process, which takes less than five minutes. You can use your credit line for as many loans at once as you choose.


How much personal loan can I get on a salary of 15,000?  

The maximum personal loan amount you can qualify for depends on various factors, including your credit score, debt-to-income ratio, and employment stability.  

What are the eligibility criteria for a personal loan with a salary of 15,000?  

To qualify for a personal loan with a salary of ₹15,000, you typically need to meet the following criteria:  

  • Be an Indian citizen or resident  
  • Be at least 21 years of age  
  • Have a stable source of income and a minimum salary of ₹15,000  
  • Have a good credit score (750 or above)  

What documents are required to apply for a personal loan?  

When applying for a personal loan, you will typically need to provide the following documents:  

  • Identity proof (e.g., PAN Card, Aadhaar Card)  
  • Address proof (e.g., utility bills, rental agreement)  
  • Income proof (e.g., salary slips, bank statements)  
  • Employment proof (e.g., employment certificate)  

What are the interest rates on personal loans for a salary of 15,000?  

Interest rates on personal loans vary depending on the lender, your credit profile, and the loan amount. However, for a salary of ₹15,000, you can expect interest rates to range from around 18% to 24%.  

How long does it take to process a personal loan application?  

The processing time for a personal loan application in Zap Money is less than 10 minutes. However, this can vary depending on the lender and the accuracy of your application. 

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.
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