Important Things to Note About Need Salary Loan App
Loan Amount: Rs 5,000 to Rs 1,00,000
Minimum Annual Percentage Rate (APR): 6%, Maximum Annual Percentage Rate: 18%
Minimum repayment period: 90 days, Maximum repayment period: 24 months
Processing Fees: Max (₹150 + GST)
Late fee: In case overdue exceeds 30 days, you'll be charged Rs.120. Maximum late fee charged would be Rs.350 if overdue exceeds 90 days.

Types of loans

👉 Flexi Personal Loan - Avail small loans ranging from ₹1,000 to ₹10,000 with short repayment tenures ( Starting From 60 days to 6 months). To avail flexi Personal loan option requires a PAN Card and address proof.

👉 Personal Loan for Salaried - Avail salary loan options starting from ₹10,000 to ₹2 Lakhs with tenure ranging from 3 to 15 months. All you need is PAN Card, address proof and salary proof to apply for salaried loans.

👉 Online Purchase Need Salary - Need Salary comes with a Buy Now, Pay Later EMI option. In such loans one avails E-vouchers from Need Salary which can be used to purchase on partner platforms like Flipkart, Amazon, Myntra, Nykaa, Make my trip & more.

A representative example of Personal Loan:
✔ Amount Borrowed (Principal amount) = ₹14,999/-
✔ Interest Rate (APR) = 12% (on Reducing Principal Balance interest calculation)
✔ Tenure = 6 months
✔ Processing Fee (incl. GST) = ₹235
✔ Amount disbursed = ₹14,764
✔ Your EMI amount = ₹2660 (based on PMT method, sample monthly payment)
✔ Interest amount = ₹2660 x 6 - ₹14999 = ₹961 (sample interest calculation)
✔ Late Fee = ₹0 if paid on time
✔ Total Cost of Loan = Processing Fee + Interest Amount + Late Fee = ₹235 + ₹961= ₹1196
✔ Principal repayment amount = ₹14,999/- (same as amount borrowed)
✔ Total repayment amount = Principal repayment amount + Interest Amount = ₹14,999 + ₹961= ₹15,960

Why Need Salary personal loan app?

- Repay borrowed amount in affordable EMIs of 60 days to 24 months
- Get money in bank account less than 24 hours
- Easy and convenient to use
- Get 24*7 access from anywhere and anytime.
- Immediate & Fastest personal loan Approval.

Eligibility Criteria for Need Salary personal loan:

- You must be Indian Resident.
- Your age must be 18 or Above 18 years old.
- you must have Valid Document ( Aadhar card, pan card etc. )
- Your monthly income Should have ₹12,000 or more.

How to avail Instant Credit by using Need Salary App
1. Install Need Salary- Instant Personal Loan App
2. Register with your mobile number
3. Fill your basic details to check Loan eligibility.
4. Upload KYC documents - Pan Card, Aadhar card & Address proof
5. Accept the offer and get an instant approval for your loans.

Contact Us :
Customer Care Number: 022-49478818
Feedback Email: [email protected]
Regarding Interest rate, Time Period or Repayments etc: [email protected]