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Description :
Salary Dost is India’s most trusted app to get the personal loan for salaried professionals. Salaried professionals can get a loan ranging from Rs. 5,000 to Rs. 1.5 Lacs in lesser time. You can repay your unsecured loan in easy and flexible EMI's.
Salary Dost has helped thousands of professionals in getting an online loan and we have a vision to help young professionals who are not able to get the loan from the bank on a low salary. This App comes with a customer-friendly interface and gives you the best financial service solutions even if you do not have a credit history by leveraging your device data. We also give the best offers from other brands.
Why to choose Salary Dost?
1. Trust of 10,000+ Customers
2. Disbursing loan in no time
3. No pre-closure charges
4. Lower Interest Rates
5. Dedicated team for your support
6. Hassle free process: No guarantors, no collaterals.
7. Flexible Repayment options available from 3 Months - 36 Months.
Key Features
1. Loan up to Rs. 1.5 lakh
2. Maximum annual percentage rate upto 36%
2. Repayment option from 3 Months to 36 Months
3. Lower processing fees between 500 - 750 based on the Loan Amount
4. Instant transfer to your bank account within minutes
6. 100% paperless process
7. No security deposit (collateral)
Eligibility Criteria for Personal Loan
✔ You Should be an Indian citizen
✔ All Salaried Individuals
✔ Age should be more than 18 years
✔ Minimum salary per month Rs.12,000
✔ Delhi, Mumbai, Bangalore, Chennai, Kolkata, Pune, Hyderabad & Secunderabad, NCR (Noida, Greater Noida, Faridabad, Ghaziabad, Gurgaon), Ahmedabad, Chandigarh, Bhubaneswar, Rajasthan, Uttar Pradesh
Documents Required
You need to submit below documents to get loan from SalaryDost:
1. PAN card
2. Aadhar card
3. Salary Account Bank Statement
How it works?
1. Log in on the Salary Dost mobile app through your mobile number.
2. Upload 3 basic documents in the app. We need your PAN Card, Aadhar Card, and a bank statement with salary credit and a selfie! Your information will only be used internally. We believe in privacy as much as you do.
3. You can apply the loan online once we have proper verification of your documents and credit check, Salary Dost credit the money right into your bank account within minutes.
4. Salary Dost will also tell you when you’re due to repay the amount. Faster repayment increases your SD Score, helping you to borrow more, whenever you need to. Salary Dost has a one-time registration process. Once you register and receive eligibility, you’re free to borrow as many times as you wish, without having to register again. Still don’t believe it? Only one way to find out… Get on-board, have friendship with salary dost share it with your friends and relax your money.
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Sample Calculation
Loan Amount :- Rs. 50,000
Processing Fees :- Rs. 750 + 18% GST (Total Rs. 885)
Tenure – 6 Months
Interest Rate - 24% P.A.
Interest Amount :- Rs. 3,558
Amount will be disbursed Rs. 49,115
Each EMI will cost – Rs. 8,926
Total Repayment Amount will be Rs. 8926 * 6 = Rs. 53556
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Description of sample calculation:-
A customer avails a personal loan of ₹50,000 at an interest of 24% per annum, where the processing fee is ₹885 ( including GST ) for a period of 6 months, would end up paying ₹53,556 after 6 months. His monthly EMI would be ₹8926.
SalaryDost works with financial institutions and NBFCs regulated by RBI only for disbursing the loans. So we are well regulated and legally compliant.
NBFC Name -
1. Capital Trade Links Limited
2. Deus Financial Capital Private Limited
To fulfill your personal loan requirement, download the app now and enjoy the hassle free lending experience.
