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Get personal loans upto ₹5 Lakhs in 6 minutes.

Use Coupon code 'FESTIV75' to get flat ₹75 OFF on processing fee

Use Coupon code 'FESTIV75' to get
flat ₹75 OFF on processing fee

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Get Instant Personal Loan for ₹15,000 Salary

Life is unpredictable. You never know what tomorrow has in store for you. There are times when we find ourselves in situations where we fall short of money. The reason could be anything – a medical emergency, a travel plan out of nowhere, etc.

For any urgent money needs, Zype instant loan app is your one-stop solution. On Zype, you can get super-fast loans with utmost ease. When you complete the loan application process after downloading the app which takes less than 6 minutes , you can get the personal loan from Zype.

Personal Loan EMI Calculator for ₹15,000 Salaried Individual

Before finalising the loan amount and repayment tenure, you should have absolute clarity on the EMI amount that you will have to pay. That’s where a personal loan EMI calculator comes in handy. It shows you different EMI amounts for different repayment periods.

It only takes a few seconds to get results from Zype’s personal loan EMI calculator. Once you enter the total loan amount, annual interest rate and loan tenure in months, you can see the amount that you would need to pay each month.

Features and Benefits of 15k Salary Personal Loan

A personal loan up to ₹5 Lakh can fulfil your immediate financial needs & Zype loan makes an even more hassle-free experience for you. 

Get Loans up to ₹5,00,000 Instantly

If you want to experience a fast loan journey, get a loan from Zype. Your application process will take less than 6 minutes and your loan offer will be generated in less than 60 seconds.

No Document Upload Needed

The process of getting a loan from Zype is completely online and does not require you to upload any document. You would only need to enter basic information like name, mobile number, PAN, employment details and Aadhaar number.

Competitive Interest Rates

With a 15k salary, Zype is the best loan app for you to borrow money as our rate of interest starts at 1.5% per month.

Flexible EMIs

Repaying a loan on Zype is as convenient as getting one. You get to choose an EMI option from 6, 9 and 12 months. This ensures that your instalment amount does not disrupt your budget.

Collateral Free Loan

Get unsecured loan approval from Zype without pledging any asset and transfer money from your loan limit to your account in a single tap.

₹15,000 Salary Personal Loan EMI Calculator

Loan Amount (in rupee)

10,000

1,00,000

Interest Rate (in %)

1

34

Loan Term (in months)

1

72

Total Interest Payable

Total Payment
(Principle + Interest)

Your EMI is

How to Calculate EMI of Personal Loan for 15k Salary

One must never take a personal loan without calculating the EMI amount that they would need to pay every month for different loan tenures. When you do the calculations, you can select a repayment plan that fits your budget.

Here is the formula to calculate EMI –

E = P x R x (1+R)^N / [(1+R)^N-1], where

E is your personal loan EMI amount

P is the amount you are borrowing from the loan provider

R is the monthly interest rate

N is the no. of months of EMI payment

Documents Required to get Loan on ₹15,000 Salary from Zype

You can complete your loan application on Zype without any document uploads or paperwork & get an emergency loan of ₹50000. You only need these required documents to get approved for a loan

Proof of Photo Identity

For this, you need to take a selfie during the KYC process once your loan offer is generated.

Mandatory Documents

Getting a loan has never been easier. All you need to do is enter your PAN and Aadhaar number along with a few other basic details to get loans instantly from Zype. There is no need to upload any document to borrow money from us.

Income proof (not mandatory)

Once you complete the loan application process and get your loan limit, you can transfer money directly from the loan limit to your account without uploading your income proof. You can upload the bank statement of the last four months to get an updated loan limit.

Eligibility Criteria for Instant Loan on ₹15,000 Salary

If you are in need of urgent cash, download the Zype instant loan app. Complete your application in less than 6 minutes and get a loan instantly.

If you want a personal loan for ₹15,000 salary, check Zype’s personal loan eligibility criteria

Age

21 years or above

Citizen of India

Valid PAN & Aadhaar card

Work experience

Salaried individual

Monthly Salary

Monthly income of at least ₹15,000

Top 5 Ways to Improve Your Personal Loan Eligibility with a Rs.15,000 Salary

To improve loan eligibility for personal loan for 15000 salary, you can follow these strategies:

  1. Improve credit score: A credit score is a quick way for lenders to assess borrowers’ loan eligibility. Having a high credit score (700 and above) will improve your chances of loan approval. 
  2. Avoid Multiple Loan Application: When applying for a personal loan or credit card, a hard inquiry is made to the bureau which is reflected in your credit report. Too many hard inquiries indicate you’re a credit hungry borrower which can reduce your eligibility for a loan.
  3. Increase your income: Your monthly income is an important factor that shows your ability to repay the loan. When you have a high and steady source of income, it makes you a low-risk borrower which improves your personal loan eligibility

  4. Clear any existing debts: Lenders prefer a low debt-to-income ratio (DTI), which shows monthly debt payments with one’s income source. Thus, if you have any existing debt, clear them off before you apply for a loan again.

EMI Amount for ₹15000 Personal Loan for Tenures of 6-12 Months

Zype offers a range of flexible monthly repayment options so you can comfortably manage your finances. You can choose from the repayment tenures of 6, 9 and 12 months.

With Zype’s user-friendly loan EMI calculator, you can see the monthly instalment amount for an urgent loan of 15,000.

Here’s a sample breakdown of estimated EMI amount on a ₹15,000 instant loan

Loan AmountInterest RateTenure (in months)EMI in Rs
₹15,00018%6₹1755.25
9₹1196.10
12₹916.80

*Note – All the above numbers are for representation only. The final EMI amount may vary depending on the profile assessment. 

Interest Rates and Charges on Loan for ₹15,000 Salary

Personal loan Interest rate is one of the most important factors to consider before taking a loan. It determines the cost of borrowing money. If you want to avail loans at low-interest rates, make sure that you have a healthy repayment history.

Zype gives low-cost instant loans. You also get full disclosure of loan terms so there is no stress about hidden charges.

Fees & ChargesAmount Chargeable
Interest RateStarting at 1.5% (monthly)
Loan Processing ChargesProcessing fees from 2% to 6% on every loan
Penalty on Overdue EMIsLate payment penalty charges & overdue interest will be charged to your total outstanding loan on a daily basis

How to Apply for a 15k Salary Personal Loan

You can take loans from ₹3000 to ₹5,00,000 with the Zype app. The process mentioned below is extremely easy to follow and takes less than 6 minutes –

1) Download the Zype app and submit these details – name, mobile number, PAN number and employment details.

2) Based on this information, your loan would be generated in less than 60 seconds.

3) To get your loan limit, simply complete the KYC process by entering your Aadhaar number and complete a selfie based verification.

4) You can now withdraw as many times as you want from your loan limit. Just enter your desired loan amount and select the repayment tenure.

5) The money will be credited to your account instantly. 

Frequently Asked Questions

Can I Get a Personal Loan if My Salary is Less than ₹15,000?

To get a personal loan from Zype, your monthly salary should be at least ₹15,000.

How to Get a Personal Loan for ₹15,000 Salary Without a Salary Slip?

Zype gives a loan for 15000 salary without a salary slip. Just enter basic details to complete the loan application process and transfer money from your loan limit to your account in a single tap.

Can I Avail Personal Loan on a ₹15k Salary Without Documents?

Yes, you don’t have to upload any document to get a loan on 15000 salary. We only ask for basic information like name, PAN, Aadhaar number, etc.

What Should I do If I am not Eligible for a Loan on a ₹15,000 Salary?

If you not eligible for a loan on a ₹15,000 salary, consider these few points:

  • Improve your credit score save up or increase your income
  • Apply for smaller loan amount
  • Avoid applying for multiple loans simultaneously

Following any of these steps will improve your chances of getting a loan approved.

What is the Maximum Loan Amount offered for a Minimum Salary of ₹15000?

You can get personal loans up to 5 lakhs from Zype. In case you want to know your loan limit, download the app and complete the loan application process. Your loan offer will be generated in less than 60 seconds.

What is the Maximum Tenure Available to avail Personal Loan for ₹15,000 Salary?

The maximum tenure offered to Zype users to repay their loan is 12 months.

How can I Get a Personal Loan on 15000 Salary Urgently?

To urgently get a personal loan on ₹15,000 salary, apply for an instant loan on Zype. Zype offers instant loan upto ₹5,00,000. 

To apply for instant loan:

  • Download the Zype app and submit your details: name, mobile number, PAN number and employment details.
  • Based on this information, your loan offer will be generated in less than 60 seconds.
What is the Disbursal Time for 15000 Salary Personal Loan?

If you fulfil Zype’s loan eligibility and get approval, the loan is disbursed instantly.

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