Personal Loan
- 100% Secure & Confidential
- 50+ Partner Banks
- Zero Hidden Charges
PERSONAL LOAN FOR
Salaried Employees
You earn a fixed salary every month — that's your biggest strength when applying for a loan. Get the lowest interest rates, highest loan amounts, and fastest approvals backed by your salary slips and employer credibility.
Key Benefits
1. Kuvik Pre-Approval
Share your salary account details and get an in-principle approval within 30 minutes — before you even submit documents.
2. Salary-Linked Rates
Higher salary = lower interest rate. Employees of MNCs, PSUs, and Govt bodies qualify for preferred rates starting 9.99%.
3. No Collateral Needed
Fully unsecured loan — no property or gold required. Your salary and CIBIL score are sufficient as security.
4. Flexible Repayment
Choose tenure from 12 to 84 months. Change EMI date to match your salary credit date.
5. Top-Up Available
After 6 months of on-time payments, apply for a top-up
6. Same-Day Disbursal
For verified salary accounts, funds can reach your account the same day you submit your application — subject to lender approval.
Frequently Asked Questions
Eligibility Criteria
Age: 21 to 58 years
Minimum monthly salary: ₹20,000 (metro) / ₹15,000 (non-metro)
Employment: Minimum 1 year total experience, 3 months with current employer
CIBIL score: 700 or above (650+ considered case-by-case)
Employer: MNC / Listed company / PSU / Govt — preferred rates apply
Salary credited to bank account (not cash)
Documents Required
PAN Card — mandatory for all applicants
Aadhaar Card — address & identity proof
Last 3 salary slips
Last 6 months bank statement (salary account)
Form 16 or ITR — for loans above ₹10 Lakh
Employee ID card (for faster processing)
PERSONAL LOAN FOR
Self-Employed Individuals
You run your own business or practice — your income is real, even if it doesn't come with a salary slip. We work with lenders who understand self-employment income and offer loans based on your ITR, GST returns, and bank transactions.
Key Benefits
1. ITR-Based Approval
Loans approved based on last 2–3 years of Income Tax Returns. Average annual income is used to compute eligibility — no salary slip required.
2. GST Turnover Accepted
Lenders on our platform accept GST return summaries as income proof, especially beneficial for traders and merchants with high turnover.
3. Bank Statement Analysis
12-month bank statement average monthly balance and credits are used to supplement ITR income, helping higher approval amounts.
4. Business Vintage Matters
Minimum 2 years in business opens prime rates. 3+ years of stable ITR filing qualifies you for our best self-employed loan products.
5. No Reason Required
Personal loan funds are yours to use — working capital, equipment, renovation, education, wedding, or any personal need. No end-use restriction.
6. Collateral-Free Option
Unsecured personal loans up to ₹15 Lakh without pledging any asset. For higher amounts, soft collateral like property statement may help.
Rates Based on Annual Income & Business Vintage
| Income & Vintage | Interest Rate (p.a) | Max Loan | Tenure | Key Lenders |
|---|---|---|---|---|
| ITR ≥ ₹10L, 3+ yrs | 11.5% – 14% | ₹40 Lakh | 60 months | HDFC, Bajaj, Kotak |
| ITR ₹5–10L, 2+ yrs | 14% – 18% | ₹20 Lakh | 48 months | Tata Capital, IDFC |
| ITR ₹3–5L, 2+ yrs | 16% – 22% | ₹10 Lakh | 36 months | Fullerton, Poonawalla |
| New NBFC Products | 18% – 24% | ₹5 Lakh | 24 months | MoneyTap, KreditBee |
Frequently Asked Questions
Eligibility Criteria
Age: 25 to 65 years
Business vintage: Minimum 2 years
Annual income (as per ITR): ₹3 Lakh+
CIBIL score: 680 or above
Active GST registration (if applicable)
Business type: proprietorship, partnership, LLP, freelancer
Documents Required
PAN Card — personal and business
Aadhaar Card
ITR with computation — last 2 years
GST returns — last 4 quarters (if applicable)
Bank statements — current + savings, 12 months
Business registration certificate (MSME / Shop Act / GST)
