Eligibility Criteria of Best Salary Loan for Low CIBIL Score
Getting a personal loan with a low CIBIL score may seem difficult, but platforms like Zetloan make it easy for salaried individuals.
Instead of focusing only on your credit report, Zetloan checks your current income, job status, and basic eligibility to approve small salary loans.
These loans are designed to help you manage short-term financial needs even if you’ve been rejected by traditional lenders.
Basic Eligibility Requirements
To qualify for a salary loan with a low credit score, you must meet the following conditions:
- You must be an Indian citizen
- Your age should be between 21 and 58 years
- You must be employed in a private or government company
- Your monthly net salary should be ₹15,000 or more
- You must have an active bank account in your name
- You should possess a valid PAN and Aadhaar card
- You should be receiving a regular monthly salary
Ideal for Borrowers Who:
- Have a CIBIL score below 650
- Are first-time loan applicants with no credit history
- Need instant cash for emergencies
- Are rejected by banks or NBFCs due to poor credit
- Prefer a fully online, paperless process
Documents Required for Salary Loan for Low CIBIL Score
Applying for a salary loan with a low CIBIL score is simple and fast. Zetloan streamlines the process to avoid complex paperwork and branch visits.
You only need a few basic documents to prove your identity, income, and employment status.
The entire process is 100% online and paperless, making it quick and convenient for salaried professionals in need of urgent funds.
List of Required Documents
To apply for a salary loan at Zetloan, you will need the following documents:
- PAN Card
Used for identity verification and credit history check. - Aadhaar Card
Serves as address and identity proof for KYC compliance. - Latest Bank Statement( Last 3 Month)
Verifies your income and employment status. - Bank Account Details
Required for disbursal of the loan directly into your account.
Ensure all documents are clear and valid. The details on your PAN, Aadhaar, and salary slip must match exactly. Upload high-quality scans or images through the Zetloan app or website.
No physical copies are needed. Confirm your bank account is active and in your name. Double-check all information before submitting to avoid delays or rejections. Accurate documents help speed up the approval and disbursal process.
How to Apply for Salary Loan for Low CIBIL Score
Applying for a salary loan with a low CIBIL score is simple and fast with Zetloan. The process is entirely online, meaning you can apply from the comfort of your home without visiting a branch.
Follow these easy steps to get started and secure the funds you need.
- Visit the Zetloan Website or App
Go to the Zetloan platform on your smartphone or computer. - Fill Out the Application Form
Enter your basic details, such as name, contact information, and salary. - Upload Required Documents
Submit your PAN card, Aadhaar card, latest salary slip, and bank account details. The process is 100% paperless. - Complete KYC Verification
Verify your identity using the documents you uploaded. This step ensures your details are accurate and secure. - Wait for Instant Approval
After reviewing your information, Zetloan will instantly evaluate your eligibility and approve the loan based on your income, not just your credit score. - Loan Disbursal
Once approved, the loan amount will be transferred directly to your bank account within 24 to 48 hours.
Things to keep in mind before application
- Ensure your documents are clear and legible.
- Double-check your name, address, and salary details for accuracy.
- Use a valid and active bank account to receive the funds.
- If eligible, the loan will be disbursed quickly without any hidden fees or complicated terms.