To apply for a personal loan, you generally need a minimum monthly net take-home salary of ₹12,000. Personal loans are available to employees working in various types of companies, including proprietorship firms, partnership firms, LLPs, or private companies. If you work for a proprietorship firm, it's important that your Provident Fund (PF) deduction is mandatory. Additionally, personal loans can even be granted to applicants with a CIBIL score of minus one, meaning you may qualify even if you have limited or no credit history. This flexibility makes personal loans accessible to a wide range of employees.

When applying for an education loan, you’ll need to submit several important documents along with the completed application form. These include the mark sheet of the last qualifying examination , proof of admission, and a detailed schedule of expenses for the course. If applicable, you should also provide a copy of any scholarship letters or foreign exchange permits . You’ll need two passport-size photographs, a bank statement for the last six months , and an income tax assessment order not older than two years. Additionally, you must provide a statement of assets and liabilities. If you are not an existing customer, you must also submit proof of identity and residence.

To apply for a business loan, your business needs to have a minimum annual turnover of ₹5 lakhs. This means your business should generate at least ₹5 lakhs in total revenue in a year. The turnover requirement ensures that the business has a steady cash flow to repay the loan. Lenders typically consider this along with other factors like credit score, financial statements, and business stability. Meeting the turnover requirement is just the first step, but it increases your chances of qualifying for the loan. This makes business loans accessible to small businesses with a decent revenue track record.

To know your home loan eligibility, the first step is to check if you meet the minimum salary requirement of ₹30,000 gross per month. Lenders usually look at your income, age, credit score, and job stability. Your loan amount eligibility will also depend on the value of the property and your ability to repay based on your current income and financial obligations. You can use online home loan eligibility calculators, which give an estimate by considering your salary and other factors. Meeting the minimum income requirement is important, but other factors like credit history and liabilities will also play a role in your approval.

To find out which credit card you're eligible for, the first step is to check if you meet the minimum salary requirement of ₹20,000 net per month. Lenders usually consider your income, credit score, and job stability when determining eligibility. You can visit the bank's website or use online tools to compare different credit cards based on your income and needs. Many banks also offer pre-approved cards, making it easier to apply. Additionally, ensure you have a good credit score, as this improves your chances of approval. By meeting the minimum income requirement and checking these factors, you can choose the best card for your needs.