Skip to content
Home » How to Get a Personal Loan with a Salary of 8000?

How to Get a Personal Loan with a Salary of 8000?

In this era of expensiveness, affording everything is not a cup of tea. Every individual struggles to fulfill their financial needs in one way or another. However, mankind has solutions to almost every problem that exists. Several banks and NBFCs provide “Loans” in almost every field to meet financial needs. But the sad story is that availing of a loan is not as easy as it seems. There are dozens of eligibility criteria and document requirements that can be a hurdle to getting approval for a loan. And this can shatter the common man’s dreams of fulfilling their financial needs. Additionally, a loan for merely INR 8000 seems to be next to impossible. This may make you a bit worried.

But nothing is impossible in this world, and so there’s good news for you all. Flexsalary can be the perfect solution for all your problems. Yes, you read right!! Flexsalary is making all your dreams come true by providing a Personal loan for individuals with a salary of INR 8000. Flexsalary is the ideal platform for getting a personal loan for all your needs with hassle-free processing. For a better insight, let’s delve deep and learn more about the Personal Loan provided by Flexsalary.

About Flexsalary

Vivifi India Finance Private Limited created a fintech loan product called FlexSalary. This NBFC is a registered non-banking financial institution (NBFI) with the Reserve Bank of India (RBI). This NBFC was established in 2016 as a business focused on meeting the rising customer demand for loans and rapid cash.

Refer to the table for a concise overview:

Loan Amount

INR 4,000 to 2,00,000

Repayment Tenure

Flexible repayment tenure of 3 years

Minimum CIBIL Score

A minimum CIBil score of 750

Minimum Salary

INR 8000

They provide personal Loans based on an individual’s income and give customers a convenient option to take care of urgent financial needs. The best part is that they even have a personal loan for individuals with a salary as low as INR 8000. Sound’s perfect, right? We will give you more detailed information on their loan requirements and eligibility.

Advantages of getting a personal loan from Flexsalary

  1. Loan without collateral: Since the personal loan offered by FlexSalary is unsecured, you can obtain a loan without pledging any assets as collateral

  1. Fully digital process: Compared to other loan providers, the loan process of Flexsalary is straightforward, online, and paperless. They have put a full stop to lengthy loan processing.

  1. One-time registration: Register once; take as many loan applications as you need.

  1. One-time application & approval: There is only one application process for FlexSalary. Apply for a loan, use the credit, and pay it back. When you make a payment, the FlexSalary algorithm immediately raises your account’s credit limit.

  1. Quick confirmation: Your loan application will be handled quickly, and it takes little time to establish whether you qualify for a loan.

  1. Same-day loan approval: They approve and disburse personal loans on the same day.

  1. Low CIBIL score? Not an issue!: Even if you have a low credit score, salaried individuals can still apply for a personal loan through FlexSalary.

  1. Not utilizing your money? So don’t pay: Only the amount that is withdrawn is subject to interest; the remaining borrowed amount is not subject to interest.

For more details, visit https://referloan.in/loans/flexsalary-personal-loan

Eligibility

Let’s have a look at the eligibility criteria for the personal loan:

Citizen

Indian

Age

The minimum age of the applicant must be 21 years.

Occupation

Salaried

Minimum salary

You can avail of a personal loan if you have a salary of INR 8000

While fulfilling all the above-mentioned criteria, it is always ideal to maintain a good CIBIL score as it can increase the chances of getting a personal loan at low-interest rates. A poor CIBIL score can also lower the chances of getting the loan.

Documents required to apply for a personal loan

Mentioned below are some mandatory documents that must be presented while availing of a personal loan from Flexsalary. .

    • PAN card

    • Identity proof

    • Residential proof

    • Income proof

    • Passport size photographs

You can visit https://referloan.in/loans/flexsalary-personal-loan for a detailed overview.

FAQ’s

A personal loan is meant to provide financial support in the time of urgent requirement of cash or to meet wedding expenses or other requirements.

Typically the repayments are made in the form of EMIs. You can pay the EMI monthly and it is decided at the time of the loan approval.

Yes, Flexsalary is providing the flexibility of availing of a personal loan even if your salary is only INR 8000.

Leave a Reply

Your email address will not be published. Required fields are marked *