30000 Personal Loan

If you need a 30000 loan urgently, the best way to get it is by applying online. Various lenders offer instant online loan application facilities.

You don’t need to make frequent visits to the lender’s branch carrying a huge pile of documents. You can apply in a completely online process, upload the documents online, and on approval, the funds will be disbursed to your bank account within a short time.

The digital process is simple and quick. You can get a 30000 loan online by applying through our website. Just access the Personal Loan section on our website and follow the given instructions. You can also apply through the lender’s website or mobile application.

Below is the list of personal loan providers in India who provide 30000 loan online:

Following are the key features and benefits of an instant loan of Rs. 30,000:

• If you are pre-approved for a loan by your bank, you can get a 30000 loan without documents or with minimal documents. All the documents can be uploaded online (depending on the lender’s policy), making the entire transaction paperless and seamless. 
• Usually, instant 30000 loans can be availed from online lenders, such as CASHe, EarlySalary, KreditBee, Paytm, etc.
• For an instant personal loan of 30,000, you do not have to submit any collateral or security as it is an unsecured loan.
• The processing time for instant loans is significantly lesser than for regular personal loans.
• If you are approved for an instant personal loan, funds are usually disbursed to your bank account promptly.
• In most cases, you can get a flexible repayment tenure for instant loans ranging from 1 to 60 months. You can choose a tenure of your choice as per your convenience and repayment capacity.
• People applying for an instant loan can get a loan amount of their choice, subject to the loan amount range offered by the lender.
• These loans are usually offered at affordable rates of interest, helping you keep the overall cost of the loan low.

To get a 30000 personal loan, you have to meet the following eligibility criteria: 

• Age: You must be aged above 21 years and less than 60 years to apply for a personal loan of Rs. 30,000.
• Occupation: Although most lenders offer Rs. 30000 personal loan to salaried individuals because their income is more stable, there are some lenders that offer an instant loan of Rs. 30K to self-employed individuals as well.
• Income: The minimum salary requirement for salaried employees usually starts from Rs. 13,500 per month. Self-employed individuals need to provide proof of an annual income of Rs. 5 Lakhs or more to be eligible for a personal loan.
• Credit score: Usually, lenders prefer a minimum credit score of 750 or above to approve a personal loan application. However, some loan providers may approve the loan application with a lower credit score as well. A higher credit score means there is a higher chance of getting loan approval. 

NOTE: The eligibility factors mentioned above for a Rs. 30,000 personal loan, such as age, income, and credit score, may vary from lender to lender.

Below are the best lenders who offer an instant loan of 30000 in India: 

Navi Personal Loan

With Navi, you can avail of an instant loan of up to Rs. 20 Lakhs in a complete paperless manner. The process doesn’t involve any lengthy paperwork or documentation. All you need to do is just download the Navi app on your mobile phone and apply for the loan to get quick cash within a few minutes. 

Key Features:

• Instant funds disbursal.
• 100% paperless process. 
• Minimal documents required.
• Loans between Rs. 10,000 to Rs. 20 Lakhs.
• Interest rate starting from just 9.9% p.a.
• Repayment tenure up to 72 months.
• Nil loan foreclosure charges.

Faircent Personal Loan

Faircent offers loan quantum between Rs. 10,000 to Rs. 10 Lakhs, which can be used for personal as well as business-related financial requirements.

Key Features:

• Loans available for personal and business needs.
• Loan amount offered between Rs. 10,000 to Rs. 10 Lakhs.
• Interest rates range from 12% p.a. to 28% per annum.
• Repayment tenure varies from 6 months to 36 months.
• A one-time registration charge of Rs. 500 is charged.
• No intermediary costs and margins involved.
• Borrow funds directly from trusted lenders.
• Facility to accept, reject or counter proposals.
• Get funds in just a few hours after your loan is listed.

PaySense Personal Loan

PaySense provides instant, short-term personal loans ranging from Rs. 5,000 to Rs. 5,00,000 through its mobile application. PaySense personal loans are available for salaried professionals as well as self-employed businessmen at an attractive interest rate and flexible tenures. 

Key Features:

• Loan amount available between Rs. 5,000 to Rs. 5 Lakhs. 
• Interest rate charged between 1.4% to 2.3% per month.
• Minimal documentation involved, instant processing and quick disbursal.
• Easy to manage EMI plans with reminders and auto-debit features. 
• To get the loan, just upload the pictures of your KYC documents and sign the loan application digitally.
• Loans available without any credit history.

KreditBee Personal Loan

KrediBee offers personal loans and POS loans online of a maximum of Rs. 3 Lakhs for tenure up to 3 years at an interest rate of 1.02% p.m. onwards and processing charges of 2% of loan sanctioned plus taxes.

Key Features:

• Personal loan amount between Rs. 1,000 to Rs. 3 Lakhs.
• Tenure available up to 3 years.
• Customised loans available to borrowers in Delhi and Mumbai, based on their creditworthiness. 
• KrediBee loans are not dependent on the borrower’s credit score or other traditional channels of credit rating.
• The rate of interest starts at 1.02% per month.
• The processing fee applicable is 2% on the disbursed loan amount.
• Hassle-free processing from mobile or laptop.

IIFL Personal Loan

IIFL Finance offers online personal loans with convenient terms that help you solve all your financial needs instantly. You can apply for these loans wherever you are through the official website or mobile app of IIFL. The lender provides you with the most lucrative EMI schemes, interest rates, and tenures.

Key Features:

• Loan amount ranges from Rs. 5,000 to Rs. 5,00,000. 
• Rate of interest varies between 12.75% and 33.75% p.a. and is charged on reducing balance method. 
• Tenure available from 3 months to 42 months to repay the loan.
• Processing fee of 2% to 4% (subject to a minimum of Rs. 750) and an additional convenience fee of Rs. 500 will be charged on loan.
• The borrowed funds can be used for all expenses, including vacations, weddings, higher education, gadget or vehicle purchase, home renovation, etc. 

CASHe Personal Loan

CASHe app provides short-term personal loans up to Rs. 4 Lakhs without any collateral. These loans can be utilised for any purpose, including weddings, vacations, repairs and renovations of a house, medical emergencies, gadgets purchase, etc. CASHe personal loan interest rate starts at 2.50% p.m. and can be repaid in flexible tenure of 3 months to 1.5 years.

Key Features:

• The loan amount available of Rs. 1,000 to Rs. 4 Lakhs. 
• Repayment tenure can be chosen from 3, 6, 9, 12 or 18 months. 
• The CASHe loan interest rate starts from 2.50% per month.
• Processing fee varies between Rs. 500 to Rs. 1,200, depending on the loan amount and tenure.
• Quick process, which usually takes only 15 to 20 minutes.
• CASHe personal loan can be availed of from a smartphone application. 
• 100% online application and quick disbursal.

Fibe Personal Loan

Fibe (earlier known as EarlySalary) provides small bridge loans to eligible applicants who have finished their salaries to help them manage finances until their next salary is credited. Fibe offers an instant personal loan between Rs. 5,000 to Rs. 5 Lakhs for a tenure of up to 24 months at an attractive interest rate.

Key Features:

• Loan amount available between Rs. 5,000 to Rs. 5 Lakhs.
• Affordable rate of interest starting from just Rs. 9/day to 30% per annum, depending on your creditworthiness.
• EarlySalary loan can be repaid in flexible tenure of up to 24 months, based on loan scheme type.
• A processing fee of Rs. 199 to Rs. 4,000 is charged based on the obtained loan amount.
• On referring your friends, you will get assured gift coupons worth Rs. 5,555 or above when your friends sign up on the EarlySalary app.

FlexSalary Personal Loan

FlexSalary offers an instant personal line of credit of up to Rs. 2,00,000 to salaried individuals in India. The rate of interest ranges from 18% to 54% p.a., and the loan can be easily repaid in 3 to 36 months tenure. 

Key Features:

• A credit limit of Rs. 4,000 to Rs. 2,00,000 available.
• Pay off your dues in a tenure of 3 to 36 months with this instant credit app. 
• Interest rate varies between 18% to 54% p.a.
• A one-time processing fee of up to Rs.1,250 will be applicable only at the time of the first withdrawal.
• There is no late payment fee, bounce cheque fee or prepayment penalty.

Money View Personal Loan

Money View gives instant personal loans between Rs. 5,000 to Rs. 5 Lakhs to salaried and self-employed individuals in just a few minutes. The interest rate is affordable and starts from just 1.33% per month (or 16% p.a.). The loan amount can be repaid in a tenure of 3 to 60 months at your convenience. 

Key Features:

• Loan amount between Rs. 5,000 to Rs. 5 Lakhs can be availed.
• The entire process is digital, from documentation to verification.
• Attractive interest rate begins from 1.33% per month (16% per annum).
• Repayment of the loan can be done in flexible tenure of 3 months to 60 months.
• 100% paperless application process.
• Get an instant loan in only 24 hours.
• Check your loan eligibility online in just 2 minutes by providing a few basic details. 

MoneyTap Personal Loan

MoneyTap offers instant loans of up to Rs. 5 Lakhs, which can be used for your travel plans, gadget purchases, medical expenses, weddings, education, and so on. These loans come at an interest rate starting from just 1.08% per month and can be easily repaid in tenure up to 36 months.

Key Features:

• MoneyTap instant loan can be used for travel, debt consolidation, wedding, education, medical expenses, and so on. 
• The loan amount varies between Rs. 3,000 and Rs. 5 Lakhs, depending on the borrower’s income and repayment capacity.
• The interest rate begins from just 1.08% per month or 13% per annum and has to be paid only on the amount utilised.
• Repayment tenure ranges from 2 to 36 months.
• The applicant’s CIBIL score should be 700 or more to avail of the loan. 

Prefr Personal Loan

Prefr loan is available to salaried and self-employed individuals for business and personal requirements. You can borrow funds up to Rs. 3 Lakhs in a completely digital and hassle-free process with simplified documentation.

Key Features:

• Loan amount ranges from Rs. 10,000 to Rs. 3,00,000.
• Interest rates vary between 18% and 36% p.a.
• A processing fee of 3% to 5% is charged, subject to a minimum of Rs. 1,500 plus GST.
• The repayment tenure is 6 to 36 months for self-employed and 6 to 18 months.
• No CIBIL score is required to get the loan for salaried applicants. 
• Loan approval in just one minute flat if all the necessary details are provided correctly.
• Money is usually disbursed within 2 hours, subject to successful document verification.

Loanbaba Small Cash Loan

Loanbaba app offers a small cash loan of up to Rs. 1 Lakh from top banks and Non-Banking Financial Companies (NBFCs) within 30 minutes. The loan is offered to salaried individuals only. However, some banks and NBFCs may provide personal loans to self-employed professionals, firms, and enterprises

Key Features:

• The loan amount available from Rs. 10,000 to Rs. 1 Lakh. 
• These loans are collateral-free. 
• The Loanbaba app provides personal loans at an interest rate starting from just 0.1% per day.
• The tenure varies between 3 to 9 months. 
• The loan is disbursed within the same day of the loan application/approval. Sometimes the funds get disbursed within 2 hours. 
• No prepayment and pre-closure charges involved.

StashFin Personal Loan

StashFin gives personal loans online with instant approval on a StashFin credit line card. Funds between Rs. 1,000 to Rs. 5 Lakhs can be borrowed at an attractive interest rate starting from 11.99% p.a. and repaid in a tenure of 3 to 36 months.

Key Features:

• Personal loan amount of Rs. 1,000 to Rs. 5 Lakhs can be borrowed.
• The borrowed amount can be repaid in 3 months to 3 years. 
• The loan can be paid through EMIs via electronic payment. 
• Interest rates vary between 11.99% and 59.99% APR (Annual Percentage Rate), depending on case to case. 
• A processing fee between 0% to 10% plus applicable GST is charged on each loan.