Can You Get a Personal Loan with ₹13,000 Salary?

Yes, getting a personal loan with a ₹13,000 monthly salary is possible. Lenders are cautious with low-income applicants, and approval depends on several factors beyond just your salary figure. You can borrow up to ₹5 lakh at a loan rate of Rs. 13,000 per month.

Personal Loan with ₹13,000 Salary Recap

Lender	WeRize
Loan Amount	Up To 5 Lakh
Interest Rate	1.35% per month
Loan Tenure	12 to 36 months
Salary	Rs. 13,000/- per month
Borrower Age	21 -55 years
CIBIL Score	670+

Features of Personal Loan at 13000 Salary

Digital Process: You can borrow up to 5 lakh personal loans digitally. Without a bank visit, you can opt for a loan.

Lower Income Earner Can Apply: The lower income group can easily take personal loans. The borrower’s minimum income of Rs. 13,000 is enough to get the loan.

Credit Score: Your credit history carries serious weight. A clean repayment record and a decent credit score (ideally above 650) can make a lender more comfortable offering a small loan.

Maximum Loan Amount: Get a higher loan amount up to ₹5 lakh. Lender offering maximum loan at just ₹5 lakh.

Eligibility of 13000 Salary Personal Loan

Meet the eligibility criteria to borrow a personal loan:

• Age: Your age must be under 21 to 55 years.
• Income: Borrower’s monthly salary must be Rs. 13,000 or above.
• Your job should be 12 months old.
• Credit Score: If you have zero or 670+ credit score, you are eligible to apply.
• Company Profile: Employee Company must be Government, Pvt Limited, and Public Limited sector.

Required Documents

• Pan Card
• Aadhaar Card
• 12-month salary deposit bank statement
• Last 3-month salary slip
• ID Card of the borrower
• Selfie photo of application

Factors That Can Tip the Scales in Your Favor

Even if your salary is low, a strong profile can still win you a loan. Here’s what you need to focus on:

✅ Good Credit Score (670 and above)

This shows you’ve handled credit responsibly in the past. If you’ve never taken a loan or used a credit card, consider applying for a secured credit card first and building your score over 6–12 months.

✅ Low or Zero Existing Debt

If you already have EMIs eating into your ₹13,000, lenders will likely reject your application. Keep your debt-to-income ratio under 30%.

✅ Job Stability (12 months minimum)

Regular income for the last 12 months or more in the same job makes your application stronger.

✅ Co-applicant or Guarantor

If you can add a co-applicant—say, a spouse or parent—with a higher income or better credit score, your loan approval chances rise significantly.

✅ Clean Bank Statements

Avoid bounced cheque, late fees, or heavy cash withdrawals. Lenders go through your account history for red flags.

Also Read: 10 Lakh Instant Loan without documents

Personal Loan at 13000 Salary Interest & Charges

Interest rate	16% to 21% p.a.
Processing Fee	Up To 3% + GST
Insurance Charges	Up To 3% of the loan amount
Loan Tenure	12 month to 36 months

How to Get a Personal Loan at a Minimum 13000 Salary

Step 1: You should check the loan eligibility before the loan process. After that, directly click on the “Apply Now” button.

Step 2: Complete your basic details and upload documents such as a PAN card, Aadhaar card, 12-month Bank statement pdf, and Latest salary slip.

Step 3: Give current address details with the proper PIN code.

Step 4: Submit documents and the lender will check your creditworthiness and call you for the verification process.

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