This article will discuss salary advance loans. If you need money urgently and your salary is still a few days away, you can take a loan from SalarySetu Loan. If you are considering a loan from SalarySetu, this article may be helpful. You can take a personal loan from ₹5,000 to ₹1,00,000. However, it is important to analyze any loan platform before taking a loan. Read this article to understand the complete process of SalarySetu Loan before applying.
What is SalarySetu
SalarySetu is an online loan platform, a brand of (Naman Finlease Pvt. Ltd.) that offers salary advance loans ranging from ₹5,000 to ₹100,000. The loan tenure is 365 days. The interest rate is 1% per day. Their NBFC partner, Naman Finlease Pvt. Ltd., is a non-banking financial company registered with the Reserve Bank of India and operates in compliance with all applicable regulations.
SalarySetu Loan Eligibility and Criteria
- Loan applicants must be Indian citizens.
- Must have a valid PAN card and Aadhaar card.
- Applicants must be between 21 and 55 years of age.
- Monthly income must be ₹35,000.
- Must have worked with the current employer for at least 3 months.
- Salary must be credited to the bank.
Documents Required for the SalarySetu Loan
- Address Proof (Aadhaar)
- Selfie
- PAN Card
- Valid Bank Account
- Salary Craft
- Bank Statement
SalarySetu Loan: Benefits and Features
- Users can avail personal loans ranging from ₹5,000 to ₹100,000 to meet all their needs.
- With SalarySetu Loan, you don’t need any guarantees or collateral.
- SalarySetu offers its customers a transparent track record with no hidden fees.
- It offers competitive interest rates and transparent APR calculations.
- To ensure the security of your personal information, SalarySetu Loan adheres to strict data privacy standards.
- You can apply for an instant loan from the comfort of your home using your mobile phone; it’s 100% online.
- SalarySetu Loan is specifically designed for those who need money before their salary arrives. You can use SalarySetu Loan to bridge the gap until your next salary.
SalarySetu Loan: Real or Fake
As we learned in this article, SalarySetu is a trusted loan platform. It offers personal loans ranging from ₹5,000 to ₹100,000 through (Naman Finlease Pvt. Ltd.) an RBI-registered NBFC. According to SalarySetu Loan, it is committed to maintaining the highest standards for the security of your information.
SalarySetu Loan Application Process
Follow the steps below to apply for a SalarySetu Loan:
- First, visit the SalarySetu Loan website https://salarysetu.com/
- Register with your mobile number
- Enter basic details such as full name, date of birth, and gender
- Enter PAN and Aadhaar card details
- Employment type and company name
- Monthly income
- Address proof (permanent and current address)
- Selfie
- Payment bank account details
- eNACH/UPI e-mandate
- Loan amount, bank disbursement
Note: This article is for informational purposes only. If you decide to take out a SalarySetu Loan, please use your common sense and proceed with caution.
FAQs
Is SalarySetu Loan safe?
Yes. SalarySetu Loans uses bank-grade encryption and trusted APIs to protect your data.
How much can I get from SalarySetu Loan?
SalarySetu offers loans ranging from ₹5,000 to ₹1,00,000, depending on your profile, credit history, and CIBIL score.
How long does it take for a SalarySetu Loan to be approved?
Most users receive loan approval within minutes, and the amount is credited directly to your bank account immediately after approval.
How to Repay Your SalarySetu Loan
You can choose flexible monthly EMIs and repay via auto-debit or UPI.
Can I apply for a SalarySetu Loan if I already have another loan?
Yes, you can—as long as your income and repayment capacity meet the eligibility criteria, you can apply for a SalarySetu Loan.
Can I pre-close my loan?
Yes! You can repay your loan early at any time—there are no hidden prepayment penalties.