Eligibility Criteria for Personal Loan for Salaried with Low CIBIL Score
Looking for a personal loan with a low CIBIL score? Our NBFCs and digital lenders in India now offer personal loans to salaried individuals even with a credit score below 650. If you have a stable income and meet some basic requirements, you may still qualify.
Here are the key eligibility criteria for salaried applicants with a low credit score:
- Employment Type: You must be a salaried employee, working in either the private or government sector.
- Monthly Income: Your net monthly salary should be ₹15,000 or higher. Some lenders may require more based on the city or employer.
- Age Limit: The applicant’s age should be between 23 and 55 years.
- Job Stability: Minimum of 3 to 6 months of continuous employment in the current organization is required.
- Low CIBIL Score Accepted: Applicants with a CIBIL score below 650 can apply. Lenders consider income, not just credit history.
- Indian Residency: Must be an Indian citizen and a resident of India.
Zetloan Personal Loan Documents for Salaried with Low CIBIL
Applying for a personal loan through Zetloan? Even if your CIBIL score is below 650, you can still get approved based on your income and employment stability provided you have the right documents ready.
Required Documents for Salaried Applicants
| Document | Purpose |
|---|
| PAN Card | For identity verification and tracking your financial profile |
| Aadhaar Card | Serves as both identity and residential address proof |
| Salary Slips (Last 3 Months) | Confirms income consistency and job status |
| Bank Statements (Last 3–6 Months) | Used to assess salary credit and financial behavior |
| Employee ID Card or Offer Letter | Verifies your employment status and organization |
| Passport-size Photograph | Required for loan file and processing |
| Signed Loan Application Form | Must include accurate personal, employment, and income details |
Why Zetloan Needs These Documents
At Zetloan, we believe in helping salaried individuals with low credit scores get access to hassle-free financing. These documents help us:
- Evaluate your repayment capacity
- Verify your job stability
- Ensure fast and transparent loan processing
With Zetloan, your loan eligibility is based more on your current income and job stability than your past credit score. As long as you meet the basic requirements and submit the necessary documents, approval is quick and easy.
How to Apply for Personal Loan for Salaried with Low CIBIL Score
Applying for a personal loan with Zetloan is quick, simple, and hassle-free even if you have a low CIBIL score. We focus on your income and employment stability to help you get the funds you need fast.
Steps to Apply for Zetloan Personal Loan
- Visit the Zetloan Website or App:
Open the Zetloan platform on your mobile or desktop browser. You can also download the Zetloan App directly. - Fill the Application Form:
Enter accurate personal, employment, and income details to begin the loan process. - Upload Required Documents:
Submit digital copies of your PAN card, Aadhaar card, salary slips, bank statements, and other documents. - Get Instant Verification:
Our system verifies your details within minutes focusing more on your income and job stability than your credit score. - Loan Approval & Disbursal:
Once approved, the loan amount is credited to your bank account within 24-48 hours. - Repay Conveniently:
Choose a flexible repayment tenure from 7 days to 3 months with affordable EMI options.
Apply now and get financial support when you need it most only with Zetloan!