Ample Loan Amount
Apply for an easy online personal loan with Hero FinCorp on a Rs 24k salary. Get up to Rs5 lakh based on income, credit score, and employment history.
Personal Loan for 24000 Salary
Easy Digital Process
Minimum Salary Required ₹15K
Instant Approval
Personal Loan EMI Calculator
Get Instant Personal Loan for Rs 24,000 Salary
Need a quick financial boost for an unexpected expense or a big dream? Hero FinCorp offers hassle-free Personal Loans for those with a Rs 24,000 salary. So, if your salary is Rs 24,000 per month, you can get an instant loan of Rs 5 Lakh. Embark on your financial journey with Hero FinCorp's Instant Personal Loan. Experience instant loan processing, minimum documentation, and quick disbursal to meet your diverse financial needs.
EMI on a Personal Loan for Rs 24,000 Salary for Tenures of 12-36 Months
Secure financial flexibility with our Loan, offering tenures ranging from 12 to 36 months. Explore the table below for EMI details:
| Loan Amount (Rs) | Interest Rate (%) | Tenure (Montds) | EMI (Rs) |
|---|---|---|---|
| 1,00,000 | 19% | 12 | 9,216 |
| 1,00,000 | 19% | 24 | 5,041 |
| 1,00,000 | 19% | 36 | 3,666 |
Features and Benefits of 24,000 Salary Personal Loan
Hero FinCorp’s loans are based on your income stability and capacity for repayment. So, if you earn a monthly salary of 24k and require a lump sum, we can help you. Here are the benefits of our loans.
Attractive Interest Rate
Get competitive interest rates on a Rs 24k salary personal loan at Hero FinCorp, tailored to your creditworthiness and repayment ability.
Collateral-Free
Unburden yourself from collateral worries! Our Rs 24k salary instant personal loans require no collateral, security deposits, or guarantors.
Flexible Repayment Tenure
Hero FinCorp tailors your loan experience with flexible repayment tenures for up to 36 months for your 24k income Personal Loan.
Instant Approval and Quick Disbursal
Get fast loan approval with our streamlined online process! Skip paperwork and branch visits—receive funds instantly once approved.
Eligibility Criteria for Personal Loan on Rs 24,000 Salary
Secure your Rs 24,000 salary Personal Loan quickly with Hero FinCorp's easy eligibility criteria. We consider your age, income, credit score, and employment status to determine your loan eligibility. Meet these basic requirements and get the financial support you need.
Age
The age limit to apply for a 24k salary loan with Hero FinCorp is 21-58 years.
Citizenship
To apply for an instant loan, you should be a citizen of India.
Work Experience
Salaried individuals: 6 months of experience in a job; self-employed individuals: 2 years of business experience.
Monthly Income
You should have a minimum monthly income of Rs 15,000 to be eligible for a Personal Loan.
Documents Required to Get Loan on 24k Salary
Our online Personal Loans application process is designed to cater to the needs of salaried applicants. The documentation requirements are minimal to ensure a smooth and efficient experience. You just need to provide your identity, address, and income proof to apply. Even with a salary of 24,000, you can apply for a Personal Loan on our website or loan app and skip the hassle of visiting a branch. Our convenient process allows you to complete the application from the comfort of your home.
Identity Proof
Driving licence, passport, PAN card, or Aadhaar card
Address Proof
Driving licence, passport, Aadhaar card, ration card, or utility bill
Ownership Proof
Residence ownership proof like electricity bills or property documents
Income Proof
Last six months' salary slips, previous six months' salary account statement, Form 16, and job continuity proof.
Interest Rates and Charges on Loan for Rs 24,000 Salary
While we offer convenient loans for Rs 24,000 salaries with minimal documentation and competitive interest rates, remember there are additional fees to consider when calculating your total. These include processing fees (2.5% to 3.5%), foreclosure charges (5% + GST), and EMI bounce charges (Rs 350/-). Be sure to factor in these costs before applying to ensure you fully understand the financial commitment.
How to Apply for Rs 24,000 Salary Personal Loan?
Applying for a Rs 24,000 salary personal loan is easy. Follow these simple steps to get fast approval and funds.
- 1
Visit the Hero FinCorp website, go to the Personal Loan section, choose the type of loan you need from the list, and click the ‘Apply Now’ button.
- 2
Enter your mobile number and click on the generate OTP button.
- 3
Enter the OTP you've received and click the 'Verify' button.
- 4
Insert the KYC details to confirm income eligibility.
- 5
Submit the application for review.
After you submit your application, we’ll review your details and determine a loan limit for you. Once we do that, our customer representative will contact you via phone and let you know the details. If you are satisfied with the loan amount, you can proceed with the loan disbursal process, and the amount will be in your bank account.
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Frequently Asked Questions
You can use our online personal loan EMI Calculator for quick and accurate results. Just enter your loan amount, interest rate, and repayment tenure to get instant EMIs.
Hero FinCorp facilitates quick approval and instant disbursal for eligible borrowers for a loan of 5 lakh immediately. You just need to meet the required eligibility criteria and have the right documentation.
The minimum salary needed for a 5 lakh instant loan is Rs 15,000 monthly. However, loan eligibility also depends on factors like your credit score, documents, age, etc.
Hero FinCorp requires a minimum monthly salary of Rs 15,000 for an instant loan of 2 lakh.
Individuals meeting age, citizenship, work experience, and monthly income criteria are eligible for a loan from Hero FinCorp.