₹3000 Personal Loan

We often run into unexpected expenses and bills that are impossible to predict. These unexpected expenses can throw us off financially, particularly if you’re on a tight budget. During these stressful times, a personal loan of ₹3000 can be a huge lifesaver. 

Disclaimer: Kindly note that these interest rates are subject to change at the discretion of the respective providers. Ultimately, your interest rates would depend on the age, income levels, CIBIL score, etc. 

Generally, you’d have to meet a few basic eligibility criteria in order to qualify for a personal loan of ₹3000 . This eligibility criteria can vary for one partner to another. However, here are some basic eligibility criteria to help you get started. 

• Nationality: Most loan providers require that their applicants are citizens of India to be eligible for a personal loan of ₹3000.  

• Employment: Personal loan providers will require that you are engaged in a profession or a business in order to be eligible for a personal loan of ₹3000.  This includes both salaried employment in private or public organisations or self-employment. 

• Income Levels: Broadly speaking, you would need to be earning a minimum net monthly income of ₹15,000 to be eligible for personal loans. 

• Credit Score: You need a minimum credit score of 600 to get a personal loan. 

• Age: Generally, people who are 21 years of age or above are eligible to apply for a personal loan of ₹3000.   

• Work Experience: You would need to have been employed for a minimum of 2 to 3 years to be eligible for a personal loan of ₹3000. 

There are a few documents that you would need to submit when you apply for a personal loan of ₹3000, this may vary from one loan provider to another. However, here are some documents that will be required by Bajaj Markets partner. 

• Identity Proof: You can submit any of these documents as a proof of identity - Voter’s ID, PAN Card, passport, Aadhaar card and driving licence. 

• Residential Proof: You may submit any of these documents as a residential proof - Voter’s ID, Aadhaar card, driving licence, electricity bill, passport and telephone bill.

• Income Proof: You may submit your bank statement or salary slip for the past three months as proof of income. 

• Photographs: Two passport size photographs will also be required to process your application.