How can I get a small loan immediately?

Getting an Insta Personal Loan from Bajaj Finance is simple. You only need to follow the steps below. Click on ‘CHECK OFFER’. Enter your 10-digit mobile number and OTP. Go with the pre-assigned limit or choose a different loan amount. Choose a repayment tenure that suits you best. Click on ‘PROCEED’ to complete the online process. The online process may differ depending on whether you are a new customer or have an existing relationship with us.

How to apply for a Rs. 10,000 loan urgently?

Getting an Insta Personal Loan from Bajaj Finance is simple. You only need to follow the steps below. Click on ‘CHECK OFFER’. Enter your 10-digit mobile number and OTP. Go with the pre-assigned limit or choose a different loan amount. Choose a repayment tenure that suits you best. Click on ‘PROCEED’ to complete the online process. The online process may differ depending on whether you are a new customer or have an existing relationship with us.

Get instant personal loan for Rs. 10,000 salary

Quick approval

Meet our simple eligibility criteria and get approval in just 5 minutes.
Money in just 24 hours*

Get your loan amount transferred to your account within 24 hours* of approval.
Repay the loan in 96 months

Choose a tenure of up to 8 years to repay your loan.
No collateral, minimal paperwork

Submit only a few basic documents to get your personal loan instantly, no need to pledge any security.
Online loan account

Manage your EMIs and view your online loan statement with our customer portal, My Account.
100% transparency, no hidden charges

Find all the terms and conditions mentioned upfront in your loan agreement.

The eligibility parameters for Bajaj Finserv and most other lenders require you to have a good CIBIL Score and a reasonably high salary at a reputable organisation to qualify for a personal loan. Therefore, if your salary is less than Rs. 10,000, you may need to convince the lender about alternative sources of income that you intend to use to repay your personal loan.

However, it is ideal that you meet all other eligibility criteria and submit all the minimum documents necessary to stand a chance of getting approval on your application for a personal loan for Rs. 10,000 salary.

With quick approval and disbursal within 24 hours*, Bajaj Finance Personal Loan on Rs. 10, 000 salary is a handy solution to meet your financial requirements. Plan your loan repayment with the personal loan EMI calculator and make an informed decision.

*Terms and conditions apply

What is the EMI for a Rs. 10,000 instant loan?

The EMI (Equated Monthly Instalment) for a personal loan depends on factors like the loan amount, interest rate, and repayment tenure. To calculate the EMI for a Rs. 10,000 instant loan, use the formula:

EMI = P × r × (1 + r)^n / [(1 + r)^n – 1]

Where:

P = Principal loan amount (Rs. 10,000)
r = Monthly interest rate (Annual rate ÷ 12)
n = Loan tenure in months

For example, if the annual interest rate is 10%, and the loan tenure is 12 or 24 months, your EMI will be:

Loan amount	Interest rate (annual)	Tenure (months)	EMI (Approx.)
Rs. 10,000	10%	12	Rs. 879
Rs. 10,000	10%	24	Rs. 438

Documents required for an instant loan on a Rs. 10,000 salary

Minimal documentation is one of the most significant advantages of a personal loan, and in some cases, you might not even need to provide any documents. If documents are required, the process remains simple and quick. Learn more about the necessary personal loan eligibility documents to stay prepared and ensure a smooth application.

KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
PAN card
Employee ID card
Salary slips of the last 3 months
Bank account statements of the previous 3 months
Piped gas bill
Pension order
Letter of Allotment of Accommodation Issued by Employer
Property / Municipal tax receipt
Utility bill
Real-time image / photograph
Ration card

Fees and charges for Rs. 10,000 instant loan

When taking out a Rs. 10,000 personal loan on low interest, it's important to be aware of the associated fees and charges. Typically, you may face an application fee and a processing fee, which is usually a certain percentage of the loan amount. To ensure transparency, carefully review all terms and fees before accepting the loan to understand the full cost of borrowing.

Personal loan interest rate and applicable charges

Type of fee	Applicable charges
Rate of interest	10% to 31% p.a.
Processing fees	Up to 3.93% of the loan amount (inclusive of applicable taxes).
Flexi Facility Charge	Term Loan – Not applicable Flexi variant - A fee will be deducted upfront from the loan amount (as applicable below) Up to Rs. 1,999/- for loan amount less than Rs. 2,00,000 Up to Rs. 3,999/- for loan amount from Rs. 2,00,000 to Rs. 3,99,999 Up to Rs. 5,999/- for loan amount from Rs. 4,00,000 to Rs. 5,99,999 Up to Rs. 7,999/- for loan amount from Rs. 6,00,000 to Rs. 9,99,999 Up to Rs. 8,999/- for loan amount from Rs. 10,00,000 to Rs. 14,99,999 Up to Rs. 9,999/- for loan amount from Rs. 15,00,000 to Rs. 19,99,999 Up to Rs. 10,999/- for loan amount from Rs. 20,00,000 to Rs. 24,99,999 Up to Rs. 11,999/- for loan amount from Rs. 25,00,000 to Rs. 29,99,999 Up to Rs. 12,999/- for loan amount of Rs. 30,00,000 and above All the Flexi charges above are inclusive of applicable taxes Loan amount includes approved loan amount, insurance premium, and VAS charges.
Bounce charges	Bounce charges - Rs. 0 to Rs. 1,200 per bounce. Bounce charges” shall mean charges for (i) dishonour of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate or any other reason.
Part-prepayment charges	Full prepayment Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment. Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment. Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as of the date of full payment. Part-prepayment Term Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as of the date of full prepayment. Not Applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid. *Foreclosure will be processed post clearance of first EMI
Penal charge	Delay in payment of instalment(s) shall attract penal charge of Rs. 8 - Rs. 8 per day per instalment from the respective due date until the date of receipt of the full instalment(s) amount.
Stamp duty (as per respective state)	Payable as per state laws and deducted upfront from loan amount.
Annual maintenance charges	Term Loan: Not applicable Flexi Term Loan (Flexi Dropline): Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges. Flexi Hybrid Loan: Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount during the initial tenure. Up to 0.295% (inclusive of applicable taxes) of total withdrawable amount during subsequent tenure.
Broken period interest / Pre-monthly Instalment interest	Method of recovery of "Broken Period Interest/Pre monthly instalment Interest" would be as follows: EMI Date : 2nd Scenario 1: If Loan is disbursed on 1st or post 10th of the month: For Term Loan: BPI amount will be capitalised, i.e added to Principal amount on Due date / Deducted from disbursement For Flexi Loans: BPI amount will be capitalised, i.e added to Principal amount on Due date / Added to first instalment Scenario 2: If Loan is disbursed between 3rd and 10th of the month: First instalment will consist of interest for actual number of days EMI Date : 7th Scenario 1: If Loan is disbursed on 1st to 6th or post 10th of the month: For Term Loan: BPI amount will be capitalised, i.e added to Principal amount on Due date / Deducted from disbursement For Flexi Loans: BPI amount will be capitalised, i.e added to Principal amount on Due date / Added to first instalment Scenario 2: If Loan is disbursed between 7th and 10th of the month: First instalment will consist of interest for actual number of day.

Note: Additional cess if any, will be applicable to all charges according to state law.

*Terms and conditions apply.

Additional read: Know all about the Interest rate on personal loan

Here is our detailed guide to applying for a personal loan with Rs.10000 salary online:

1 Click on Apply Online to open the online application form
2 Share your mobile number and verify your profile with an OTP
3 Fill in your basic personal and professional details
4 Upload the required documents for verification and submit the form

Our representative will get in touch with you to guide you on the next steps of getting your loan.

Personal loan on low salary less than Rs. 10,000

Personal loan for a salary less than Rs. 12,000

Personal loan for salary less than Rs. 15,000

Personal loan for salary less than Rs. 20,000

Check other personal loan options based on your budget

Before committing to a personal loan, it's essential to explore various options based on your budget. Different lenders offer varying interest rates, loan amounts, and repayment terms. Comparing offers from multiple financial institutions can help you find the most suitable loan that aligns with your financial situation. Consider factors such as interest rates, processing fees, and loan tenure. Use online loan comparison tools or consult with financial advisors to evaluate your options comprehensively. This approach ensures that you secure a personal loan with favorable terms that best fit your budget and financial goals.

Rs. 25,000 Personal Loan	Rs. 30,000 Personal Loan	Rs. 40,000 Personal Loan
Rs. 50,000 Personal Loan	Rs. 60,000 Personal Loan	Rs. 70,000 Personal Loan

Frequently Asked Questions

The minimum salary requirement depends on the lender. You can choose to include a co-applicant to improve your chances of getting approval. You can also check if you have Personal Loan offer.

Both salaried and self-employed individuals can opt for our Insta Personal Loan. Select customers can get the funds without submitting any documents.

The eligibility criteria vary based on the lender. The minimum salary required to get a Bajaj Finance Personal Loan is Rs. 25,001.

Selected customers with a pre-approved offer can get our Insta Personal Loan without submitting a salary slip.

To get our personal loan, you need to have a credit score of 685 or higher.

Getting an Insta Personal Loan from Bajaj Finance is simple. You only need to follow the steps below.

Click on ‘CHECK OFFER’.
Enter your 10-digit mobile number and OTP.
Go with the pre-assigned limit or choose a different loan amount.
Choose a repayment tenure that suits you best.
Click on ‘PROCEED’ to complete the online process.

The online process may differ depending on whether you are a new customer or have an existing relationship with us.

Any individual who meets the eligibility criteria set by the lender can get a personal loan. Borrowers can check the pre-approved offer to get our Insta Personal Loan without submitting the salary slips.

Yes, you can get a personal loan even if you get a cash salary. Please note that you will need salary slips and a valid bank account, among other requirements, apply for our personal loan.

Bajaj Finance Personal Loan is disbursed within 24 hours*.

With a Bajaj Finance Personal Loan, the minimum loan amount you can borrow is Rs. 40,000.

Getting an Insta Personal Loan from Bajaj Finance is simple. You only need to follow the steps below.