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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

Personal Loan for Rs. 35000 Salary

Thinking about managing sudden or unexpected expenses with a 35,000 salary? We offer an easy solution. Zype offers instant loans for individuals with ₹35,000 salary. Whether you are dealing with medical bills, house repairs or need to cover travel expenses, we offer a loan for all such financial needs. 

Features and Benefits of 35k Salary Personal Loan

With Zype, individuals with a 35k salary can get instant personal loans with ease. Zype has a hassle-free approval process, which gives you instant access to funds. Zype’s key features and benefits include:

Quick Approval & Disbursal

Zype offers a hassle-free application process. Your loan application will be approved within 60 seconds, and the loan will be disbursed into your account within 24 hours.

Affordable Interest Rate

Zype offers affordable interest rates, starting with just 1.5% monthly.

Flexible Repayment

Zype offers flexible repayment tenures of 6, 9, and 12 months, making it easier to manage your finances.

No Collateral

Zype provides unsecured loans without any collateral. You don’t need to pledge any assets to get a loan from Zype.

No Documentation

You do not need to submit any documents. For the loan application, you only need to provide basic details along with your PAN and Aadhar number.

User-Friendly Zype App

Zype app is available 24/7 and makes it easy to access instant loan from anywhere, anytime.

How to Calculate EMI of Personal Loan for 35k Salary

You can calculate the EMI of a personal loan using an EMI calculator. Zype has an easy EMI calculator that quickly calculates EMI and interest. With a 35k salary, you can also calculate it manually with formulas. Understanding EMI is imperative before you apply for a loan. It helps you manage your finances effectively, without any added burden.

Use this formula, to calculate EMI: 

EMI = [P x R x (1+R) ^N]/[(1+R) ^N-1]  

Where: 

  • P: is the principal loan amount 
  • R: is the monthly interest rate (annual rate divided by 12) 
  • N: is the loan tenure in months 

Personal Loan EMI Calculator for ₹35,000 Salaried Individual

When you opt to get a loan, it is important to understand the EMI amount you will end up paying. Having a clear idea about the EMI amount will help you repay the loan and manage your monthly expenses efficiently.  

You can easily calculate the EMI using Zype’s personal loan EMI calculator. You need to enter the loan amount, select the interest rate and loan tenure. It gives you the total interest amount for the loan term, total payment and EMI amount.  

Documents Required to get Loan on ₹35,000 Salary from Zype

Zype offers loans without any paperwork. You don’t need to submit any physical copy of the documents. You only need to submit the given information:

Mandatory

To complete the KYC, you are required to give your PAN and Aadhaar details

Real Time Selfie Verification

Once the loan offer gets generated, you are required to complete a real time selfie verification.

Income Proof (Optional)

If you want to apply for a higher loan amount, you are required to submit income proof or the bank statements of the last 4 months.

Eligibility Criteria for Instant Loan on ₹35,000 Salary

It is important to fulfil the eligibility criteria of the lender for loan application approval. For instant loan on ₹35,000 salary, eligibility criteria of loan on Zype are as follows: 

Age

The individual must be 18 years of age.

Citizen

The individual must be an Indian citizen with valid PAN and Aadhar card

Work Status

The individual must be salaried to apply for a loan on Zype.

Minimum Salary

Borrower should have a minimum salary of ₹15,000 to be eligible for a personal loan on Zype.

EMI on a Personal Loan for 35k Salary for Tenures of 6-12 Months

Zype offers flexible loan tenure with EMI tenures of 6, 9 and 12 months.

Loan AmountInterest RateTenure (in months)EMI in Rupees
1,00,00018%617552.52
911960.98
129168.00

Note: These numbers are for representation purpose. Actual numbers may vary

Interest Rates and Charges on Loan for ₹35,000 Salary

It is crucial to consider the interest rate before taking any loan. Having a good credit history and high credit score will ensure you get a loan at lower interest rates.

Zype offers personal loans at affordable interest rates. The loan terms are transparent without any hidden charges. 

Fees & ChargesDetails
Interest Rate for Personal LoanZype offers affordable interest rate on personal loan starting from 1.5% monthly
Processing FeesThe processing fee is between 2% - 4% of the loan taken
Late Fees & PenaltiesFee is charged for late payments. For any missed payments, a penalty will be charged daily till the time the payment is made.

How to Apply for a 35000 Salary Personal Loan?

Applying for a personal loan for a 35000 salary is pretty straightforward. 

  • Fill in basic details like name, mobile number, PAN number with employment details. 
  • Once the eligibility criteria are fulfilled, loan offer gets generated under 60 seconds. 
  • You are required to complete KYC with Aadhar number and real time selfie verification, once loan offer is generated. 
  • Enter the loan amount and repayment tenure.
  • Amount is directly deposited to your account 

Frequently Asked Questions

What Is The Minimum Amount One Needs To Borrow In Case Of A Personal Loan?

Different banks and NBFCs offer different minimum amounts. Zype offers personal loan ranging from ₹3000 to ₹2,00,000. 

What Are The Eligibility Criteria For Applying For A Personal Loan?

Every lender has slightly different eligibility criteria. It is imperative to check and understand eligibility criteria of each lender, before you apply for a personal loan. 

What Are The Various Important Documents That Are Required For A Personal Loan?

To apply for a personal loan, you are most likely required to have photo identity, PAN card & Aadhar card details, Address proof and income proof (for higher loan amount) 

How Old Should An Applicant Be To Avail Of Personal Loan?

It depends on the lender. Most lenders require the applicant to be of at least 18 years minimum to avail a personal loan

What Is The Maximum Loan Amount Sanctioned At Zype For Personal Loan?

The maximum loan amount sanctioned at Zype for personal loans is ₹2,00,000, depending on the borrower’s eligibility and creditworthiness. 

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