Can I Get Personal Loan If My Salary Is 16000?

How much personal loan can I get if my salary is 17000?

With a salary of ₹ 17,000, the maximum amount he is eligible for is ₹ 3.87 Lakh. The interest he has to pay for this amount for 48 months is 11.99%.

How can I get personal loan with low salary?

  • Filled-in personal loan application form.
  • KYC documents (PAN Card, AADHAR and Voter ID)
  • Form 16 and last 2 months salary slip (for salaried)
  • Income proof/ IT Returns ( for self-employed)
  • Last three months bank account statement of salary account/ current account (for self-employed)
  • How much EMI can I get for 5 lakhs?

    Calculated Monthly EMI for 5 Lakh of loan amount for 3 years at various rate of Interest:

    Loan Amount Rate of Interest Per Month EMI
    5 Lakh 15.00% Rs.17332.66
    5 Lakh 16.00% Rs.17578.52
    5 Lakh 18.00% Rs.18076.2
    5 Lakh 20.00% Rs.18581.79

    Related Question Can I get personal loan if my salary is 16000?

    How can I get a 15000 loan fast?

  • Salary Slips or income returns.
  • Address Proof.
  • Identity Proofs.
  • Photographs.
  • Bank statements and more.
  • What is the cibil score required for personal loan?

    Ideal credit score to avail a personal loan

    The minimum CIBIL score for a personal loan is usually considered to be between 720 and 750. Having this score means you are creditworthy and lenders will approve your personal loan application quickly.

    Is Form 16 mandatory for car loan?

    What are the documents required for a car loan? Proof of income documents: Bank statement of the last six months. Salary slip and form 16 (for salaried persons)

    Can I buy a car with 30k income?

    If you have a monthly income of Rs 30,000 and aspire to buy a car, you can get a list of models including Tata Tiago, Tata Indica eV2, Maruti Suzuki Celerio, Hyundai i10 to choose from.

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