Lenders we compare
Loan Eligibility at 40 Banks and NBFCs
Minimum salary, credit score, age limits, rates and documents for each lender, read from their own pages and labelled by how sure we are. Last verified 2 November 2026.
Public sector banks
Private banks
Small finance banks
NBFCs
Housing finance companys
Lowest Minimum Salary for a Personal Loan
Published net monthly income floor for salaried applicants. Some lenders ask for more in metros or without a salary account with them.
| Lender | Minimum income | Data |
|---|---|---|
| Canara Bank | ₹13,500 | Inferred |
| AU Small Finance Bank | ₹15,000 | Inferred |
| Bandhan Bank | ₹15,000 | Official |
| Bank of India | ₹15,000 | Market-reported |
| Central Bank of India | ₹15,000 | Official |
| Cholamandalam Investment & Finance | ₹15,000 | Official |
| HDB Financial Services | ₹15,000 | Official |
| IDBI Bank | ₹15,000 | Official |
| Indian Bank | ₹15,000 | Inferred |
| L&T Finance | ₹15,000 | Official |
Lowest Credit Score for a Personal Loan
Published minimum credit score. Lenders not listed do not publish a floor.
| Lender | Minimum score | Data |
|---|---|---|
| Muthoot Finance | 600 | Inferred |
| Bajaj Finserv (Bajaj Finance) | 650 | Official |
| Kotak Mahindra Bank | 685 | Official |
| Aditya Birla Capital | 700 | Inferred |
| Central Bank of India | 700 | Official |
| ICICI Bank | 700 | Official |
| IIFL Finance | 700 | Official |
| Poonawalla Fincorp | 700 | Official |
| Punjab National Bank | 700 | Inferred |
| State Bank of India | 700 | Official |
Official = the lender's own published rule. Market-reported = reported by comparison sites, not confirmed by the lender. Inferred = our estimate. How we source every figure.
Lender FAQs
Among the lenders we track, the lowest published minimum net monthly income for a personal loan is ₹13,500 (Canara Bank). The table on this page lists the ten lowest, each with how confident we are in the figure. Floors can be higher in metro cities or without a salary account.
Most lenders that publish a floor ask for 650 to 750. A score of 750 or more usually gets better pricing. Each lender page lists the figure that lender publishes, or says when it does not publish one.
No. ClearToLend is not a bank, NBFC or lender and is not affiliated with any lender listed here. It compares your profile with their published criteria so you can see where you may qualify before you apply.
ClearToLend is not affiliated with or endorsed by any lender listed here. A match is not a loan offer or approval.