Features and Benefits of Personal Loan for Rs.20,000 Salary

  • Quick approval

    Quick approval

    Your loan approval is instant, provided you meet our simple eligibility criteria.

  • Hassle-free documentation

    Hassle-free documentation

    Simple paperwork ensures that application for a personal loan is easy.

  • Transfers within %$$PL-Disbursal$$%*

    Transfers within 24 hours*

    Access the funds in your bank account within 24 hours* of approval.

  • Adjustable tenor

    Adjustable tenor

    Choose the repayment period best suited for you, ranging up to 96 months.

  • No guarantee required

    No guarantee required

    The loan approval is fast and does not require any collateral or guarantor.

  • No extra charges

    No extra charges

    Bajaj Finserv Personal Loan has no hidden charges involved. Read all terms and conditions to make an informed decision.

  • Pre-approved loan offers

    Pre-approved loan offers

    Existing customers are eligible for personalised offers, through which they can get funds in just a few hours.

  • Easy online access

    Easy online access

    Virtual access to your loan account through My Account simplifies tracking statements, EMIs, and other loan details.

Expect fast approvals on personal loans when you choose Bajaj Finserv. Apply for a loan with just a few documents on meeting our simple eligibility criteria. A high CIBIL score is crucial, as is a steady, reliable income. You must ensure you have a repayment plan in place for quick approval while applying for a personal loan for salary less than Rs. 20,000.

Whether it is for urgent medical emergencies or higher education, our loans come with an attractive interest rate. The collateral-free loans don’t need you to pledge an asset as security or have restrictions on end-use.

Make use of the Personal Loan EMI Calculator to plan repayment in advance.

Read More Read Less

Eligibility criteria

  • Nationality



  • Age


    21 years to 80 years*

  • CIBIL score

    CIBIL score

    685 or higher

Use the Personal Loan Eligibility Calculator to see if you qualify.

Interest rates and charges applicable on a personal loan for Rs.20,000 salary

The fees and charges are minimal for a low salary personal loan. Read the personal loan interest rates and charges carefully for a better understanding.

How much personal loan can I get on Rs. 20000 salary?

The amount of personal loan for the Rs. 20,000 salary you can get depends on factors like your credit score, existing debts, and the lender's policies. Typically, lenders consider your monthly income, expenses, and creditworthiness to determine the loan amount. It's advisable to check with specific lenders for accurate information on Rs. 20000 salary loans.

How to apply for a personal loan with a salary less than Rs. 20,000?

You can follow the steps below for an easy application:

  1. 1 Click on ‘APPLY ONLINE’ and go to the online application form page
  2. 2 Enter the remaining details pertaining to your job and income
  3. 3 Submit the basic documents along with the form

Our representative will guide you through the next steps of loan processing by getting in touch with you shortly.

*Conditions apply