₹30,000 loan
Borrow ₹30,000 until payday
₹30,000 is for one larger, specific cost with a clear end date: a hospital deposit, a move for a new role or family travel for a wedding. It is repaid in a single payment, so check that one salary can cover it.
- Salary usually needed
- ₹75,000+
- 30-day repayment
- ₹30,501
- You receive
- ₹29,646
Soft check only: your score stays untouched
Apply for your loan
Check your offer in 2 minutes.
Estimate the cost firstCalculator
Your ₹30,000 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 ₹30,000 loan cover?
Customers typically borrow ₹30,000 for a hospital deposit, relocation costs for a new role, or family travel for a wedding. A larger amount for a specific expense with a clear repayment date.
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 ₹30,000 loan
| Tenure | Interest | Processing fee (incl. GST) | You receive | You repay | APR |
|---|---|---|---|---|---|
| 7 days | ₹117 | ₹354 | ₹29,646 | ₹30,117 | 82.84% |
| 15 days | ₹251 | ₹354 | ₹29,646 | ₹30,251 | 49.66% |
| 30 days | ₹501 | ₹354 | ₹29,646 | ₹30,501 | 35.09% |
| 40 days | ₹668 | ₹354 | ₹29,646 | ₹30,668 | 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 ₹30,000 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
₹30,000 loan FAQs
What salary do I need for a ₹30,000 loan?
First-time borrowers are typically offered up to about 40% of net monthly salary, so a ₹30,000 loan usually needs a net salary of around ₹75,000 or more. Returning customers with good repayment history may qualify for more.
How much will I repay on a ₹30,000 loan for 30 days?
You'll repay ₹30,501 on day 30. ₹29,646 reaches your bank after the processing fee (incl. GST) is deducted. The APR is 35.09%.
What's the longest I can borrow ₹30,000 for?
Up to 365 days. Over 365 days you would repay ₹36,096. Pick the date just after your salary credit rather than the longest tenure: every extra day adds interest.
Is ₹30,000 a sensible first loan?
Only if your net salary is around ₹75,000 or more, so the single repayment leaves enough for the rest of the month. Otherwise start smaller; on-time repayment can raise your limit for later loans.
What happens if I can't repay ₹30,000 on the due date?
Contact us before the due date. Late payment charges apply as set out in your Key Fact Statement, and a missed payment is reported to credit bureaus, which can affect your future borrowing.
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).