100% digital process
Submit all your details and documents online.
Get Flexi Credit up to ₹9 lakhs ✔️Instant disbursal ✔️100% online process
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Applying for a Personal Loan with Airtel Finance is a seamless and efficient process. If your salary is ₹20,000, you can still get a personal loan with flexible EMI options and an entirely digital process.
Discover how our personal loans can be tailored to meet your specific needs. Whether you need money for travel, education, emergencies, or any other purpose, find the right loan option to fit your unique situation.
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If you're considering a ₹20,000 salary personal loan, apply for an instant personal loan from Airtel Finance. The interest rates start as low as 12.75% p.a., making it a budget-friendly option for those seeking quick financial support. With flexible repayment options and lower rates, you can manage your loan without financial strain.
| Year | Principal(A) | Interest(B) | TotalPayment(A+B) | Balance | Loan Paid to Date |
|---|---|---|---|---|---|
| 2024 | ₹ 5,841 | ₹ 2,216 | ₹ 8,058 | ₹ 14,159 | 29.21% |
| 2025 | ₹ 6,631 | ₹ 1,427 | ₹ 8,058 | ₹ 7,528 | 62.36% |
| 2026 | ₹ 7,528 | ₹ 530 | ₹ 8,058 | 0 | 100% |
Get a loan on your terms. No paperwork, no hidden costs.
Submit all your details and documents online.
Get your Loan application approved!!
Choose the loan tenure and EMI amount as per your need.
Follow the simple steps mentioned below:
Find Shop > Airtel Finance
Fill in your basic details
Basis profile verification
Link your bank account
For ₹20,000 salary personal loan, you need to provide certain documents. Get easy access to personal loans from Airtel Finance today by submitting the following documents.
| Aadhaar Card | PAN Card | KYC documents |
| Bank Statements | Salary Slips | Your Photo |
Personal loan amortisation is the process of repaying your ₹20,000 salary personal loan through regular instalments, typically monthly, over a fixed period. Each instalment is divided into two parts; one portion goes toward paying off the interest, while the other reduces the principal amount. An amortisation schedule provides a detailed breakdown of each payment, which helps in better repayment planning and financial management.
Let's look at the example of ₹20,000 salary personal loan for a tenure of 12 months at an interest rate of 12.75%.
| Year | Principal (A) | Interest (B) | Total Payment(A + B) | Balance | Loan Paid To Date |
| 2024 | ₹ 20,000 | ₹ 1,408 | ₹ 21,408 | ₹ 0 | 100.00% |
| Jan | ₹ 1,572 | ₹ 213 | ₹ 1,784 | ₹ 18,428 | 7.86% |
| Feb | ₹ 1,588 | ₹ 196 | ₹ 1,784 | ₹ 16,840 | 15.80% |
| Mar | ₹ 1,605 | ₹ 179 | ₹ 1,784 | ₹ 15,235 | 23.82% |
| Apr | ₹ 1,622 | ₹ 162 | ₹ 1,784 | ₹ 13,613 | 31.93% |
| May | ₹ 1,639 | ₹ 145 | ₹ 1,784 | ₹ 11,974 | 40.13% |
| Jun | ₹ 1,657 | ₹ 127 | ₹ 1,784 | ₹ 10,317 | 48.42% |
| Jul | ₹ 1,674 | ₹ 110 | ₹ 1,784 | ₹ 8,643 | 56.79% |
| Aug | ₹ 1,692 | ₹ 92 | ₹ 1,784 | ₹ 6,950 | 65.25% |
| Sep | ₹ 1,710 | ₹ 74 | ₹ 1,784 | ₹ 5,240 | 73.80% |
| Oct | ₹ 1,728 | ₹ 56 | ₹ 1,784 | ₹ 3,512 | 82.44% |
| Nov | ₹ 1,747 | ₹ 37 | ₹ 1,784 | ₹ 1,765 | 91.17% |
| Dec | ₹ 1,765 | ₹ 19 | ₹ 1,784 | ₹ 0 | 100.00% |
With Airtel Flexi Credit, you get
₹15,000 to ₹9,00,000
Starting from 11.5% p.a.
03 to 60 months
Within 24 hours
No paperwork
2% to 4% + GST
To be eligible for an instant loan, borrowers need to meet some criteria:
The borrower must be between 21-60 years of age to be eligible for an instant loan.
The borrower must have a stable source of income, such as a salary or business income.
The borrower should have a decent credit score to be eligible for an instant loan.
Are you earning ₹20,000 a month and looking for a personal loan to meet your financial needs? With Airtel Finance, applying for a personal loan is quite simple and convenient. Our online platform allows you to check your eligibility, explore loan offers, and complete the entire application process from the comfort of your home. Whether you need funds for emergencies, vacations, or home improvements, our personal loan solutions are designed to help you achieve your financial goals.
Fast approval for medical, travel or urgent payments.
Get a personal loan with minimal documentation from Airtel Finance
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