Facing a large loan need despite a modest income? WeRize is the game changer for you. With a monthly income as low as ₹12,000, you can still qualify for a personal loan of up to ₹5 lakh. Yes, really. This is financial access reimagined for everyday earners.
WeRize Personal Loan Recap
| Loan Amount | Up To ₹5 Lakh |
| Interest Rate | 16% to 22% p.a. |
| Tenure | 1 -3 years |
| Age Required | 21 -55 years |
| Applicant Income | Rs.12,000/- Net Salary |
| Eligible For | Salaried Person |
Benefits of WeRize Personal Loan
- Low Income Eligibility: Salaries as low as ₹12K qualify.
- No Credit Score? No Problem: Ideal for first-time borrowers or those with thin credit profiles.
- Fully Digital: No branch visits or paperwork runs.
- Quick Disbursal: Loans are often credited within 48 hours.
- Flexible Tenure: Choose repayment terms from 12 to 36 months tenure.
- Small EMIs: Designed for affordability over convenience.
- Top-up Loan Offers: Personalized based on your financial behavior.
What You Can Likely Get on ₹12K/Month Salary
| Loan Amount | Tenure | Estimated EMI |
| ₹50,000 | 12 months | ₹4,700/month |
| ₹1,00,000 | 24 months | ₹5,600/month |
| ₹1,20,000 | 24 months | ₹5,700/month |
| ₹1,50,000 | 36 months | ₹5,900/month |
This puts your EMI in the 35–50% income range, which is realistic and more likely to be approved.
Eligibility Criteria to Get WeRize Loan
You may qualify if you meet the following:
- Age: 21 to 55 years
- Monthly Income: ₹12,000 or more
- Employment: Salaried in private firms, small businesses, or contractual roles
- Credit Score: 680+ / -1 consider
- Residence: Urban or semi-urban areas (Tier 2/3 cities included)
- KYC Documents: Aadhaar, PAN, and salary proof (bank statement or payslip)
Note: Even applicants with low or no credit score can be considered.
Also Read: Paytm Offering Instant Micro Loan
How to Apply for WeRize Personal Loan
Applying for a WeRize Personal Loan is simple and entirely online:
1. Click the Apply Now Button
Click on the “Apply Now” button to apply for a loan.
2. Fill Out Basic Details
Enter your name, contact info, employment type, and income.
3. Upload Documents
Submit KYC and income proof (Aadhaar, PAN, and salary slips or bank statement).
4. Get Personalized Offer
Based on your profile, you’ll receive a loan amount and an EMI plan tailored to your affordability.
5. Review & Accept
Accept the offer, e-sign the agreement, and the money is disbursed within 1–2 days.
Also Read: I Need a 50,000 Urgent Loan Online
Conclusion
WeRize is opening up credit access for people that the traditional system ignores. A ₹5 lakh loan on a ₹12K salary isn’t fantasy—it’s fintech designed for real life. Whether it’s for emergency expenses, education, or taking control of your financial future, this is a tool worth having in your corner.
FAQs
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Can I borrow a WeRize loan at Rs. 12,200 salary?
WeRize offers personal loans with a minimum net salary of Rs. 12,000. So, you can apply for a loan of Rs. 12,200.
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What is the interest rate of the WeRize personal loan?
Get a WeRize personal loan at 16% to 22% interest rate.
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What age is required for a WeRize personal loan application?
To apply for a WeRize loan, you must be between 21 and 55 years old.
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Can I apply for a WeRize loan at a 690 credit score?
Yes, WeRize provides personal loans to those with a 680+ credit score.
