Can I get a personal loan if salary is less than 15,000?

A personal loan is the most common and popular means of getting funds for multiple reasons in India. With instant loan apps, it is possible to get a personal loan for individuals earning Rs.15,000. However, the eligibility criteria set by the lenders may differ as per their standards.  
 
There may be some lenders who won't approve your loan application if you are earning less than Rs.15,000. This is because most lenders keep minimum eligibility criteria of Rs.15,000 per month to prevent the risk of missed payments or fraudulent behaviour.
 

Are small cash loans available for low-income groups?

Generally, small cash or short-term loan is specifically designed for low-income groups with a minimum earning of Rs.15,000. Several financial companies and NBFCs witnessed the need for small cash loans for the people in low-income groups struggling for financial aid to fulfil various requirements. On the other hand, those individuals who are young professionals or self-employed, young married couples, and students mostly aspire to accomplish life goals gradually with small cash loans.
 
So, with the introduction of instant personal loans, individuals in low-income groups can easily apply for small cash loans on low-interest rates and flexible repayment methods and take the benefit of small cash loans to accomplish their dreams and desires or use the money for emergency needs.

What is a general salary/income slab to get a personal loan?

Most lenders evaluate your income to check your creditworthiness and set the minimum salary slab starting from Rs.15,000 or more. However, very few lenders enable an eligibility criterion of less than Rs.15,000 monthly.  
 
Typically, to get a personal loan, other things also matter, such as your credit score. The lender calculates your income and credit history before approving a personal loan.  Your credit score exhibits your creditworthiness, whether good or bad. So, in case you are a first-time borrower, your income proof would be considered significant.
 
Hence to get a personal loan online, your standard income slab should be Rs.15,000 at least.