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  1. Home
  2. Payday Loan
  3. Instant Payday Loans
  4. ₹5,000 – ₹10,000
Small payday loan

Payday Loan of ₹5,000 to ₹10,000

The smallest range is for the most common situation: a bill that cannot wait a week or two. A phone repair, a school fee balance, a medicine bill or a train ticket home.

For salaried employees 100% online No advance fee
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✓ Free to apply✓ No advance fee✓ 100% online

Who this range suits

It suits salaried people who are short by a few thousand rupees in the last days of the month. Because the amount is small compared with most salaries, it is usually the easiest range to repay in one go.

A simple example

Say you need ₹8,000 on the 22nd and your salary arrives on the 1st. You repay once on the 1st: the ₹8,000 plus the interest and charges for those days, exactly as shown in the KFS before you accept. Read that total before you sign, so there are no surprises on salary day.

Tips for a small loan

  • Apply for the amount you need, not the maximum.
  • Keep your salary account active; that is where the lender sends the money and collects the repayment.
  • If you already have a payday loan running, clear it first.
Questions

Frequently asked questions

What salary do I need for a ₹5,000 to ₹10,000 payday loan?

Lenders on Indifunds look for a monthly in-hand salary of ₹15,000 or more, credited to your bank account. The final decision is the lender’s.

Can I get ₹5,000 with a low CIBIL score?

Low CIBIL profiles are assessed. Lenders look at your current salary and repayment capacity, but approval is not guaranteed.

How is a ₹10,000 payday loan repaid?

In one payment on the date in your loan agreement, usually your next salary date.

Need money before salary day?

Apply online in about 2 minutes. Free to apply.

Apply now

Important: Loan approval, amount, interest rate and tenure are subject to the lender’s eligibility criteria, verification and final approval. All terms and charges are governed by the relevant loan documents. Submitting an application does not guarantee approval.

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