Loans by purpose
Same transparent pricing for every purpose, with practical advice for each situation.
Each page below walks through one common reason salaried people borrow before payday, with what it costs at today's rates and tips on when a short loan makes sense, and when it doesn't.
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Medical Emergency
Hospital deposits, scans, medicines and surgery advances rarely wait for payday. Money can reach your account the same day.
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Travel
Fares rise the closer you book. Book an urgent trip or a family visit at today's price and repay on salary day.
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Rent & Deposit
Moving often means a deposit, brokerage and first rent before the next salary. Bridge the gap and repay in one payment.
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Two-Wheeler Repair
When your bike is how you get to work, a breakdown can't wait for salary. Pay the garage today and repay on payday.
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Wedding & Shopping
Family weddings and festivals come with outfits, gifts and travel. Cover them now and repay when your salary lands.
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Education Fees
A late fee or a missed enrolment deadline can cost more than a few days' interest. Pay the fee on time, repay on payday.
FAQs
Borrowing for a purpose
Is the price different for each purpose?
No. Every loan is priced the same way, at 1.67% per month plus a one-time 1.18% (incl. GST). The purpose pages only differ in the examples and advice.
Do I have to prove what the money is for?
No. You don't upload bills or quotes; the loan is assessed on your salary and bank statement, and the money is paid into your own account.
My need isn't listed. Can I still apply?
Yes. These are common examples. You can use the loan for any genuine personal expense that you can repay from your next salary.
When is a short-term loan the wrong choice?
When you are short every month, when you need several months to repay, or when the money would go towards repaying another loan. In those cases an instalment loan or a conversation with your existing lender is the better step.
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).