₹15,000 loan
Borrow ₹15,000 until payday
₹15,000 bridges a couple of bills that land together: a vehicle service with an insurance renewal, or school books and uniforms at the start of term. Pick the days until your salary and repay in one payment.
- Salary usually needed
- ₹38,000+
- 30-day repayment
- ₹15,251
- You receive
- ₹14,823
Soft check only: your score stays untouched
Apply for your loan
Check your offer in 2 minutes.
Estimate the cost firstCalculator
Your ₹15,000 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 ₹15,000 loan cover?
Customers typically borrow ₹15,000 for a two-wheeler service, a school term's books and uniform, or travel tickets for a family visit. It covers more than one small bill while staying easy to repay on payday.
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 ₹15,000 loan
| Tenure | Interest | Processing fee (incl. GST) | You receive | You repay | APR |
|---|---|---|---|---|---|
| 7 days | ₹58 | ₹177 | ₹14,823 | ₹15,058 | 82.67% |
| 15 days | ₹125 | ₹177 | ₹14,823 | ₹15,125 | 49.58% |
| 30 days | ₹251 | ₹177 | ₹14,823 | ₹15,251 | 35.13% |
| 40 days | ₹334 | ₹177 | ₹14,823 | ₹15,334 | 31.46% |
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 ₹15,000 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
₹15,000 loan FAQs
What salary do I need for a ₹15,000 loan?
First-time borrowers are typically offered up to about 40% of net monthly salary, so a ₹15,000 loan usually needs a net salary of around ₹38,000 or more. Returning customers with good repayment history may qualify for more.
How much will I repay on a ₹15,000 loan for 30 days?
You'll repay ₹15,251 on day 30. ₹14,823 reaches your bank after the processing fee (incl. GST) is deducted. The APR is 35.13%.
Is ₹15,000 for 7 days cheaper than for 40 days?
Yes. Interest is charged daily, so 7 days costs ₹58 in interest against ₹334 for 40 days. The processing fee (incl. GST) is the same either way (₹177). Choose the shortest tenure that ends after your salary credit.
Can I repay my ₹15,000 loan before the due date?
Yes, with no foreclosure fee. You pay interest only for the days you had the money: repaying on day 7 means ₹15,058 instead of ₹15,334 on day 40.
What if I'm offered less than ₹15,000?
Your offer depends on your net salary and the salary credits in your bank statement. You can accept the lower amount or close the application; nothing is charged unless you e-sign the loan agreement.
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).