₹10,000 loan
Borrow ₹10,000 until payday
A ₹10,000 loan is sized for one small bill that can't wait: a repair, a recharge backlog or groceries until salary day. It is easy to repay from one salary, which also makes it a sensible first loan.
- Salary usually needed
- ₹30,000+
- 30-day repayment
- ₹10,167
- You receive
- ₹9,882
Soft check only: your score stays untouched
Apply for your loan
Check your offer in 2 minutes.
Estimate the cost firstCalculator
Your ₹10,000 loan
Move the sliders or type a figure. Every cost updates live.
Your estimate
- Principal Amount
- ₹20,000
- Interest AmountSimple interest on the principal
- ₹334
Estimate only. GST on the processing fee and your exact figures are shown in your Key Fact Statement before you accept.
What can a ₹10,000 loan cover?
Customers typically borrow ₹10,000 for a phone repair, a utility bill backlog or a month's groceries. Small enough to repay comfortably from a single salary, which makes it a good first loan to build history with us.
The loan is repaid in a single payment on your due date, usually your next salary day. Interest is charged daily, so repaying early reduces the cost, with no foreclosure fee.
Exact cost of a ₹10,000 loan
| Tenure | Interest | Processing fee (incl. GST) | You receive | You repay | APR |
|---|---|---|---|---|---|
| 7 days | ₹39 | ₹118 | ₹9,882 | ₹10,039 | 82.84% |
| 15 days | ₹84 | ₹118 | ₹9,882 | ₹10,084 | 49.74% |
| 30 days | ₹167 | ₹118 | ₹9,882 | ₹10,167 | 35.09% |
| 40 days | ₹223 | ₹118 | ₹9,882 | ₹10,223 | 31.49% |
Illustrative at 1.67% per month and 1.18% processing fee (incl. GST). Your final terms are in your Key Fact Statement. APR looks high on short loans because the one-time processing fee is counted over only a few days and then annualised; in rupees, a shorter loan still costs less.
The process
From application to ₹10,000 in your account
- Step 1
Confirm your number
A one-time code checks it’s really you. Then add your salary and employer name.
~1 min - Step 2
Prove it’s you, digitally
Aadhaar eKYC, a quick live selfie, and three months of salary credits shared through Account Aggregator.
~3 min - Step 3
Read the KFS, then sign
Your Key Fact Statement lists the rupee cost, APR and due date. Happy with it? E-sign in one tap.
Decision ~10 min - Step 4
Funds land, payday settles it
The lender pays into your salary account. On payday, one UPI payment or auto-debit closes the loan.
Same day
FAQs
₹10,000 loan FAQs
What salary do I need for a ₹10,000 loan?
First-time borrowers are typically offered up to about 40% of net monthly salary, so a ₹10,000 loan usually needs a net salary of around ₹30,000 or more. Returning customers with good repayment history may qualify for more.
How much will I repay on a ₹10,000 loan for 30 days?
You'll repay ₹10,167 on day 30. ₹9,882 reaches your bank after the processing fee (incl. GST) is deducted. The APR is 35.09%.
Can I get ₹10,000 at the minimum salary of ₹30,000?
Usually, yes. First loans are typically offered up to about 40% of net salary, which is about ₹12,000 at a net salary of ₹30,000, so ₹10,000 fits within it. Your exact offer depends on the salary credits in your bank statement.
What does ₹10,000 cost for the shortest tenure of 7 days?
Interest for 7 days is ₹39 and the processing fee (incl. GST) is ₹118, so the total cost is ₹157. You repay ₹10,039. Because the fee is charged once, a very short loan has a high APR (82.84%) even though the rupee cost is small.
Why does less than ₹10,000 reach my bank account?
The processing fee (incl. GST) is deducted before the money is sent, so ₹9,882 reaches your account. Interest is charged on the full ₹10,000. If a bill is exactly ₹10,000, borrow a little more or pay the difference from savings.
Other amounts
Need a different amount?
Your salary, a little early.
Check your offer in 2 minutes. It’s free and won’t affect your credit score. Once your loan is disbursed, Salora Capital Limited reports it to the credit bureaus every month.
Loans by Salora Capital Limited, RBI-registered NBFC (CoR N-13.01855).