- Home
- Personal Loan
- Salaried Employees
Salaried Employee Personal Loans
Meet all your financial needs with Fibe’s Personal Loan for salaried employees. Get up to ₹5 Lakhs in just a few minutes.
Meet all your financial needs with Fibe’s Personal Loan for salaried employees. Get up to ₹5 Lakhs in just a few minutes.
Considering the fixed monthly income and restricted monthly budget, salaried professionals may find it difficult to manage big expenses. Whether you need to opt for a professional course to upskill or plan a last-minute trip, you require a sizable amount to manage these expenses.
With Fibe, you can do it all. Our instant financing solution allows employees of both public and private sectors to use this facility and cater to all their financial needs, no questions asked. You can easily apply to get up to ₹5 lakhs.
The disbursement process is quick and the loan amount is deposited directly in your bank account within minutes. That’s not all. You only need to submit some basic documents online and meet our simple eligibility criteria to get instant approval on your application.
A loan EMI calculator is a useful tool that can help you calculate the monthly payouts against a loan that you take. An EMI consists of the principal amount and the interest component that you pay over a repayment tenure of your choice.
With Fibe, you can get credit up to ₹5 Lakhs at attractive interest rates in minutes. You can also calculate your EMI amount with an EMI calculator before applying for a loan and plan the repayment easily.
You can try out different tenures, principal amounts and come up with an EMI amount that works for you. Our EMI Calculator is pretty easy to use as well, move the slider to calculate the EMI amount in a fraction of a second.
You can recalculate your EMI amount anytime by just moving the sliders and adjusting it to the exact inputs.
You can apply for a personal loan for salaried individuals if the minimum in-hand salary is ₹15,000 in non-metro cities and ₹18,000 in metro cities.
With a 15000 salary, you can get a smaller range of loans depending on one lender to another lender. The loan amount also depends on your past credit history and accordingly, the credit is allocated. At Fibe, you can avail of a loan starting from ₹8,000 to ₹5 lacs.
The amount of the loan depends on the lender or financial institution and the credit history of the person who is applying for the loan.
To apply for a personal loan for salaried individuals, the minimum salary in hand should be ₹15,000 in non-metro cities and ₹18,000 in metro cities.
At Fibe, you get flexible repayment tenures where you can choose the tenure starting from 3 months to 24 months at a lucrative interest rate.
No. A salary slip or certificate is mandatory to apply for a personal loan. You cannot avail of this facility if you don’t have any proof of your income.
Yes. Lenders have eligibility criteria to qualify for a loan. The higher your income, the chances of getting a higher loan amount increase.
If you are a salaried individual with a minimum in-hand salary of ₹15,000 in non-metro cities and ₹18,000 in metro cities, you can get a credit of up to ₹5 lacs with Fibe.
Down payment—it is a term that appears a lot when you’re about to buy a big-ticket item. It comes into play when you plan to become a homeowner or car owner and sometimes even when you buy home electronics on EMI. Knowing the meaning of the down payment in-depth and how financial companies calculate it …
Continue reading “What is a Down Payment: Here is what you need to know”
There are many types of mortgage loans available in India, which include: As you can tell, property ownership documentation is central to the approval process of such loans. Even the loan’s terms and the amount depend on the value of the mortgaged property. However, one size doesn’t fit all, and the processes vary of different …
Continue reading “Complete Guide to the Meaning, Working & Types of Mortgage Loans”
Before you understand, know that creditors are key in any economy. Now, let’s define them and their way of working. They offer funds that you can use to: The role of a creditor is to offer credit, and the role of a debtor is to repay it on time. Who is a Creditor? This entity …
Continue reading “Defining Creditors: A Comprehensive Guide”
Download he Fibe App the cool new vibe to finance to avail of the loan in just a few clicks from anywhere
Subham Pawar
Shilpi Mukherjee
