Do you need 5000 rupees loan urgently? You want to use it to cover important expenses, such as medical bills, car payments, school and college fees, etc. You have the chance to get a ₹5000 Personal Loan, which can be availed with low interest rates, flexible tenure, without documentation and a hassle-free process. Apply online today!
Get an instant Personal Loan of ₹5000 without documents and collateral from the Instant Loan Apps. Get approval in just 6 minutes with basic documents like PAN and Aadhaar card, and get money in your bank account in 2 minutes.
Instant ₹5000 Personal Loan Detail
| Application Process | 100% Digital Process |
| Interest Rate | Instant Disbursal within a Few Minutes |
| Tenure | 1 month to 24 Months |
| Disbursal | Instant Disbursal within Few Minutes |
Key Points of Personal Loan of ₹5000
- The loan application process is completely digital; no documents need to be provided manually.
- The interest rates on the loan amount are low, starting from a minimum of 14% per annum.
- Many lenders offer instant approval, and the amount is transferred to the borrower’s bank account within minutes of loan approval.
- Lenders require minimum basic documents like an Aadhaar, PAN card, and Bank details.
List of lenders offering a ₹5000 personal loan
Many lenders offer personal loans of ₹5000 at low interest rates and flexible tenures. If you want a good lender for yourself who will provide you with a good loan amount at a low interest rate, then below is the list of lenders who can prove to be good lenders for you.
| Lender (App Name) | Interest Rate | Tenure |
| KreditBee | 15% to 29.95% p.a. | 62 days to 36 months |
| Poonawalla Fincorp | Starting from 16% p.a. | 1 to 36 months |
| Ring Power Loan | 28% to 32% p.a. | 3 months to 36 months |
| Olyv Personal Loan (SmartCoin) | 20% to 36% p.a. | 2 months to 12 months |
| Zype Personal loan | 18% to 39% p.a. | 3 months to 12 months |
| Lendingplate Personal Loan | Starting from 12% p.a. | 3 months to 15 months |
| PayMe Loan | Starting from 1.5% per month | 3 months to 36 months |
| RUPEE 112 | 35% p.a. | 12 months to 36 months |
| Prefr Personal Loan | 18% p.a. onwards | 3 to 36 months |
| InCred Personal Loan | 18% to 18% p.a. | 3 months to 60 months |
| True Balance | 24% to 60% p.a. | 6 months to 12 months |
| Fibe (Early Salary) | 15% per annum onwards | Up to 36 months |
| Unity Small Finance Bank | Starting from 18% p.a. | 6 to 36 months |
| BharatLoan | Starting from 15% p.a. | 1 month to 3 months |
| Ram Fincorp | Starting from 0.4% per day | Up to 45 days |
Features of ₹5000 Personal Loan
Many lenders offer their customers a Personal loan of ₹5000 with a wide range of features, including a wide range of benefits and offers, which are listed below:
Online Application: The customer can apply for a ₹5000 loan through an online application from their mobile. The process is simple and fast, and you do not need to go anywhere; all the work of your loan application is done online, sitting at home.
Instant Approval and Disbursal: On this platform, you can apply for an Instant ₹5000 loan in 3 to 5 minutes, and after submitting your loan application, you will get approval within 6 minutes, and the loan amount disbursed within a few minutes.
No collateral required: A Personal loan is an unsecured loan, so you do not provide any collateral or security to get this loan.
Flexible EMI Options: You can choose a tenure ranging from 3 to 24 months at your convenience. This facility makes it easy for you to repay the loan.
Attractive Interest Rate: Borrowing from RBI-approved apps is easy and affordable, as you get at a low interest rate. The interest on this loan starts from 14% per annum.
Eligibility Criteria for a Personal Loan of ₹5000
Applying for an instant ₹5000 Loan is easy and convenient with RBI-approved loan apps. You can get this loan by fulfilling certain conditions.
| Age | The age of the applicant should be between 21 to 58 years. |
| Citizenship | Must be an Indian citizen. |
| Monthly Income | The applicant must have a stable monthly income (minimum ₹15,000). |
| CIBIL Score | The credit score must be 720 or above. |
| Employment | Only salaried and self-employed individuals can apply for this loan. |
| Work Experience | You will have to remain employed for at least 2 to 3 years. |
Documents Required for an Instant ₹5000 Loan
Applying for a ₹5000 Personal Loan is easy and requires minimal documentation. You can apply for this loan by submitting some necessary documents.
| Identity Proof | PAN and Aadhar Card |
| Address Proof | Aadhar Card, Passport, Voter ID Card |
| One Selfie (Photograph) | Take a selfie on the loan app during the KYC process. |
| Income Proof | On uploading income proof, you get the benefit of a larger loan and a lower interest rate. Income Proof: Salary Slip, Latest 6 Months Bank Statement, etc. |
EMI for Personal Loan of ₹5000
As easy and convenient as it is to take out a personal loan of ₹5000, it is also easy to repay it, as here you get different personal loan repayment term offers as per your budget. Whether you need to repay your loan quickly or need more time, you can choose a repayment plan that suits your budget.
| Loan Amount | Interest Rate | Tenure (in months) | EMI in Rs |
| ₹5000 | 14% p.a. | 6 | ₹867 |
| ₹5000 | 14% p.a. | 9 | ₹588 |
| ₹5000 | 14% p.a. | 12 | ₹448 |
How to Apply for a ₹5000 Personal Loan for Urgent Needs?
I need 5000 rupees loan urgently. With Loan Apps, you can easily apply for a ₹5000 loan urgently by following a few easy but important steps.
- Download Loan App: Get started by downloading the Loan App from the Play Store/App Store.
- Sign Up/Login: Create a new account by completing the mobile OTP verification
- Complete the application: Enter your PAN number and other required details to apply for a loan. Approval can be obtained in less than 60 seconds.
- Complete KYC: Complete a real-time selfie-based verification and Aadhaar-linked mobile OTP to get your loan limit.
- Select Loan Amount and Tenure: Select the loan amount and repayment plan that suits your budget.
- Receive your loan: The loan amount will be transferred directly to your registered bank account.
FAQ Related to ₹5000 Personal Loan Urgently
I need 5000 rupees loan urgently; how can I get it?
You can get an instant personal loan of ₹5000 through NBFC RBI-registered apps. 100% digital process, flexible tenure, low interest rates, approval within 6 minutes and disbursement of the loan amount to your bank account within 2 minutes after approval.
Can I avail of a ₹5000 personal loan without any documents?
Yes, you can avail of a ₹5000 personal loan with some lenders, requiring minimal documentation. Just provide your PAN and Aadhaar card for quick identity verification. No need for too many documents.
Can I get 5000 immediately?
Yes, you can get an instant 5000 Loan. You will need some basic documents: PAN, Aadhar Card and a bank account. You can download the instant loan app, fill out the loan application by fulfilling its terms and conditions and get the loan amount transferred to your account in a few hours.
What is the minimum salary for a 5000-rupee loan?
Most lenders require proof of income for a 5000 loan, which mostly requires salary slips and bank statements. If your monthly salary is Rs 15000 or more, you may be deemed eligible for an instant 5000 loan, depending on the lender.
Can I get a 5000 Rupees loan if I have a low credit score?
Yes, some digital lenders and microfinance institutions cater to individuals with low credit scores. However, they may charge higher interest rates.
