With the ease of borrowing offered by instant personal loans, people from a variety of financial backgrounds can now fund their short term and long term goals with ease. Having said that, the loan amounts offered can vary on the applicant’s monthly income.
If you are an individual with a monthly salary of about Rs 30,000, here is what you need to know about what determines your personal loan and how much personal loan you can receive.
What Affects Your Personal Loan Amount?
Before delving into how much personal loan can be sanctioned for a salary of 30,000, let us take a closer look at what determines your loan amounts in the first place.…Continue reading