Advance Salary Loan
Advance Salary Loan
Why Choose KwikSalary for Your Advance Salary Loan?
Get your loan approved in as little as 6 hours, subject to eligibility and verification.*
No hidden charges. Our loan terms are clear, with penal charges only at 1.25 times the applicable ROI.
Pay through cash, bank transfer, UPI, debit card, credit card, cheque, or draft—whatever works for you.
Access funds without pledging assets, keeping the process simple and stress-free.
Pay off your loan early without worrying about extra charges.
We adhere to RBI guidelines, ensuring you borrow only what you can comfortably repay.
Am I Eligible for an Advance Salary Loan?
We’ve made our Advance Salary Loan accessible to help as many people as possible during urgent times. To qualify, you need to meet the following simple criteria:
Our eligibility criteria are designed to be inclusive, ensuring that anyone with a steady income can access quick funds when they need them most.
Documents Required for Your Advance Salary Loan
We’ve streamlined the documentation process to make applying for an Advance Salary Loan quick and hassle-free. The primary document you’ll need is:
(For income verification, we may also request the following documents in some cases.)
We keep paperwork to a minimum to ensure a smooth application process. Simply upload your PAN card during the application, and we’ll guide you if additional documents are needed. This helps us practice responsible lending while getting you funds quickly. Have questions? Reach out to us at info@kwiksalary.com.
Key Features of Our Advance Salary Loan
₹5,000 to ₹1,00,000
0.25% to 1.00% per day
18% to 36%
Up to 90 days
0% to 10% of loan amount
₹1,000
PAN Card (Bank Statement and Salary Slip may be requested)
None
Getting an Advance Salary Loan with KwikSalary is quick and hassle-free. Follow these steps to get started:
How We’ve Helped
What Makes KwikSalary Stand Out?
As an registered NBFC, we prioritize ethical lending and transparent practices.
Our Grievance Redressal Cell resolves issues within 5 working days. Reach out at info@kwiksalary.com if you’re not satisfied.
With a minimum loan of ₹5,000 and minimal documentation, we make funding accessible.
Get funds in 6 hours* without compromising on transparency.
Frequently Asked Questions (FAQ)
An Advance Salary Loan from KwikSalary is a short-term loan to cover urgent expenses before your next paycheck, with quick approval and flexible repayment.
Salaried individuals aged 21–58 with a minimum monthly salary of ₹40,000, a valid PAN card, and residency in Delhi/NCR, Mumbai, Bengaluru, Pune, or Hyderabad are eligible.
A valid PAN card is required. In some cases, we may also request recent bank statements (last 3–6 months) and salary slips (last 1–3 months) for income verification.
Approval takes just 6 hours,* with funds disbursed to your account immediately after.
No hidden charges. Processing fees range from 0-10%, and penal charges, if applicable, are 1.25 times the ROI, disclosed upfront.
Timely repayments help avoid penal charges (1.25x ROI). If you face issues, contact our Grievance Redressal Cell at info@kwiksalary.com.
Yes, you can close your loan early with no penalty, offering full flexibility.
*The 6-hour approval time applies to applications with complete and accurate documentation submitted during our business hours (Monday to Saturday, 10 AM to 6:30 PM). If additional verification is needed, approval may take longer. We strive to process all applications as quickly as possible while ensuring responsible lending practices.
