High Loan Eligibility
Secure Personal Loans up to Rs 5 Lakh to manage large expenses without dipping into your savings.
Personal Loan for 60,000 Salary
Loan up to ₹5 Lakhs
Minimum Salary Required ₹15K
Instant Approval in 10 Minutes
Calculate Personal Loan EMI
Get an Instant Personal Loan for Rs 60,000 Salary
Need instant cash with a salary of Rs 60,000 a month? Hero FinCorp can help you get instant access to Personal Loans of up to Rs 5 Lakh. Be it a medical emergency, home renovation, wedding, or travel, with our hassle-free process, you can get approval in just 10 minutes. You can enjoy competitive interest rates with flexible repayment tenures and get the money without the need for collateral. So, why wait? Apply for a Personal Loan with a Rs 60,000 salary and get the required funds without hassle.
EMI on a Personal Loan for Rs 60,000 Salary for Tenures of 12-36 Months
Planning to take a Personal Loan for 60k salary? Understand your EMI for tenures ranging from 12 to 36 months with Hero FinCorp’s quick and transparent loan solutions.
| Loan Amount (Rs) | Tenure (Months) | Interest Rate (p.a.) | Monthly EMI (Rs) | Total Interest (Rs) | Total Amount Payable (Rs) |
|---|---|---|---|---|---|
| 1,00,000 | 12 | 19% | 9,216 | 10,588 | 1,10,588 |
| 1,00,000 | 18 | 19% | 6,428 | 15,710 | 1,15,710 |
| 1,00,000 | 24 | 19% | 5,041 | 20,981 | 1,20,981 |
| 1,00,000 | 30 | 19% | 4,213 | 26,378 | 1,26,398 |
| 1,00,000 | 36 | 19% | 3,666 | 31,962 | 1,31,962 |
Features and Benefits of Rs 60k Salary Personal Loan
Let's take a closer look at the key features and benefits of Personal Loans designed for individuals earning a salary of Rs 60,000.
Competitive Interest Rates
Take advantage of competitive Personal Loan interest rate that keeps your EMIs affordable and repayment stress-free
No Collateral Required
Borrow without pledging any assets. These are 100% unsecured loans that we approve based on your monthly income and creditworthiness.
Flexible Tenure Options
Select repayment periods ranging from 12 to 36 months, based on your financial capacity.
Quick Approval Process
Fulfil Personal Loan eligibility criteria and get approval in 10 minutes, ensuring you receive the funds promptly.
Eligibility Criteria for Personal Loan for Rs 60,000 Salary
Check the basic personal loan eligibility criteria , tailored for salaried individuals earning a monthly income of Rs 60,000.
Citizenship
The applicant must be a resident Indian holding valid identity documents to apply for a Personal Loan for 60,000 salary.
Age Requirement
Eligible individuals must be between 21 and 58 years of age at the time of submitting the loan application.
Work Experience
At least six months of employment is required to qualify.
Monthly Income
Applicants should earn a consistent monthly salary of Rs 15,000 or above to qualify for the loan offer.
Documentation needed for loan on 60K Salary
The following documents are required for a personal loan application to process and approve it faster:
Documents that must be submitted:
Filled application loan form, Passport-size coloured photograph
Proof of Identity
Driving Licence/Passport, PAN Card (mandatory)/ Aadhaar card
Proof of Address
Driving Licence/ Passport/ Aadhaar Card/ Ration Card/ Utility Bill
Proof of Ownership
Electricity Bills/ Maintenance bills/ Property documents
Proof of Income
Salary slips for the last three months, Bank account statement (salary account) for the last six months, Form 16
Proof of Continuity of Employment
Appointment letter from the present employer, Experience certificate from the last employer
Interest Rates and Charges on Loan for 60,000 Salary
It’s important to know the personal loan Interest rates so you can plan your finances better and stay clear of unexpected charges.
| Fees & Charges | Amount Chargeable |
|---|---|
| Interest Rate | Starting from 1.58% per month |
| Loan Processing Charges | Minimum 2.5% + GST |
| Prepayment Charges | N.A. |
| Foreclosure Charges | 5% + GST |
| EMI Bounce Charges | Rs 350 |
| Interest on Overdue EMIs | 1-2% of the loan/EMI overdue amount per month |
| Cheque Bounce | Fixed nominal penalty |
| Loan Cancellation | Online loan application does not charge any cancellation fees Interest amount paid is non-refundable Processing charges are also non-refundable |
How to Apply for Rs 60,000 Salary Personal Loan?
It is easy to apply for a personal loan on a salary of 60,000. All you have to do is follow these simple steps and get approved in no time:
- 1
Open the Hero FinCorp website or download the personal loan app from the Google Play Store or the Apple App Store.
- 2
Go to the 'personal loan' section and click on the 'apply now' button to begin your application process.
- 3
Enter your mobile number and complete the OTP verification to continue the application.
- 4
Choose a loan amount and repayment tenure based on your requirements.
- 5
Once you have provided the KYC and income documents, your application will be completed.
- 6
If you're eligible for the loan, you will get the approval within 10 minutes and the money will be disbursed to your bank account in no time.
Uses of Personal Loan on Rs 60,000 Salary
When you receive a Personal Loan, you can use it as per your requirements. A Personal Loan for Rs 60,000 salary can be used for any purpose, be it personal expenses, emergencies, or lifestyle expenses. The following are the most common uses of a Personal Loan for 60,000 salary:
Medical Emergencies
You can borrow a personal loan for medical emergencies to finance your sudden medical treatments, surgeries, or emergency hospitalisation without delay.
Home Renovation
You can use a personal loan for home renovation to make your home feel more welcoming with renovations, repairs, or redecorating.
Education Expenses
Education expenses are often overlooked. You can pay tuition fees, buy study materials, or fund your dream of studying abroad with a personal loan for education.
Wedding-Related Expenses
Fund all wedding-related costs from attire to event planning and venue with a personal loan for a wedding of up to Rs 5 Lakh.
Travel & Vacation
Use a personal loan for travel to fund all travel-related costs, including flights, hotels, etc., for domestic or international trips.
Emergency Fund
Manage unexpected expenses without dipping into savings or investments with an emergency personal loan.
What Our Clients Say About Us
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Personal Loan
Medical Emergencies Don’t Wait: Why an Instant Personal Loan Is a Smart Backup09 Sep, 2025
Frequently Asked Questions
Based on your income of Rs 60,000, you can choose various flexible tenure options from 12 to 36 months.
If you are eligible and have submitted the required documentation, you can expect the approval for your application within 10 minutes.
Yes, you can get a Personal Loan for medical treatment, emergency situations or any other need as these are unsecured loans with flexible usage.
Yes, a nominal processing fee will be charged, which can vary from one lender to another.
Yes, you can choose a repayment term that provides the best EMIs according to your income and budget.