EarlySalary is a mobile-based application that acts as a salary advance for its users.  It is an online lender that caters to the immediate financial needs of salaried people. It offers loans for all purposes, be it last-minute rent payments, utility bills, shopping, traveling, or medical emergencies. It helps people with their urgent cash requirements before they get their monthly salary by giving them instant short term loans. Its main aim is to aid individuals who face month-end and mid-month monetary crises by providing them small loans until they get their paychecks. EarlySalary offers loans up to a quantum of Rs. 5,00,000 with flexible repayment durations. Approval of loans depends upon an individual’s income, eligibility, and credit score

What Are The Benefits Of Getting Loans From EarlySalary?

  • The process of signing up with EarlySalary or applying for any service is 100% digital.
  • Documentation is minimum
  • No collateral is required since it is based on your salary and comes with an auto-debit option.
  • You can convert your EarlySalary credit into either 3 or 6 EMIs.
  • Prepayment can be done at zero charges. When you sign up with EarlySalary, you will have to pay interest only on the amount due you use for the number of days. 
  • It follows a transparent application process where you can transmit money to their bank instantly.
  • No long forms and no paperwork is involved. 
  • You can apply for repeat loans anytime.

What Are The Basic Eligibility Criteria Required For Applying? 

The basic eligibility criteria that are required for applying are:

  • You must be an Indian citizen
  • You must be a salaried individual. 
  • A Google or Facebook account is required for signing up to the EarlySalary – Instant Loan App
  • You must be 18 years minimuṃ. 
  • You should have a minimum salary of 15,000 rupees per month if you are a resident of a non-metro city and a minimum salary of 18,000 rupees per month if you belong to a metro city. 

What Are The Documents Required To Apply For An Early Salary Personal Loan?

The following are some of the necessary documents required to apply for a loan and sign up with EarlySalary:

  • Pan Card
  • Address proof: rent agreement, landline bill/mobile postpaid bill/water bill/electricity bill/ gas bill  (not three months old)/landlords electricity bill
  • KYC Documents: Pan Card, driving license, passport, aadhaar card, voter ID.
  • Income proof: Bank statement and last three months' salary slips.

How to Login on The EarlySalary App?

Access and download the EarlySalary App on Android or iOS from  Google Play Store or App Store. Also, you can log in through the web. After installing and completing the EarlySalary App or web sign-up process, you can log in by following the steps given below. 

Step 1: Launch the app and agree to all App permissions, terms, and conditions. 

Step 2:  Input your registered mobile number on the next screen.

Step 3: Enter your mobile number and the OTP.  

Step 4: Then, log into the EarlySalary Mobile App. 

Step 5: If you want to sign-up through their website, you can visit the company’s official website and do so through the following steps 

Step 1: Click the ‘Instant Cash’ tab. 

Step 2: Select the  ‘Apply for Instant Cash’ button. You will be forwarded to a new page. 

A new window will pop up where you will have to enter your mobile number.

Step 3: After entering your number, tick the terms and conditions box and then the ‘Sign Up’ button. 

Step 4: You will get an OTP on your registered mobile number. Once checked, fill in your personal, professional, and bank account details. 

Step 5: On submitting the form, you will get a link via which you can download the app on your mobile phone. 

Step 6: Download the EarlySalary mobile app via the link or from the play store. 

Step 7: Log in to the app through the Facebook or Gmail account and fill in the details, such as loan amount and repayment tenure. 

Step 8: Upload the required IDs in the app. 

Step 9: According to the social score and the uploaded documents, the company will compute and inform you about the eligibility for the loan. 

Step 10: Sign the loan agreement.

Step 11: Finally, the funds will be disbursed automatically to your bank account.

Early Salary Personal Loan Interest Rates Versus The Interest Rates Of Other Personal Loan Lenders

The following table compares EarlySalary personal loans to products of popular lenders in India:


Interest Rates (Per annum)


18% onwards

HDFC Bank 

10.25% to 21%

Tata Capital 

10.99% onwards

Bajaj Finserv

13.00% onwards


9.60% to 13.85%


10.25% onwards

IDFC First Bank

10.49% to 23%

Axis Bank

10.25% onwards

IndusInd Bank

10.49% onwards

Kotak Mahindra Bank

10.25% onwards


EarlySalary is a simple and quick solution for all types of personal expenses. Install the app, complete the web sign-up process, and log-in. Personal loans with Early Salary can be applied easily online, and have instant disbursal, minimal documentation, and quick processing.


1:What is EarlySalary in Google Pay?

EarlySalary is an App that offers instant loans to salaried employees. The loan amount is capped at Rs 5 lakhs with minimal documentation and quick processing. Early Salary personal loans come with interest rates as low as Rs 9/day.

2:What is smart repay in EarlySalary?

EarlySalary is now providing Smart Pay options to repeat customers. You can pay off your credit card debts easier than before. Now, you no longer have to pay the minimum due amount on your credit card and amass huge interest on the outstanding amount. 

3:How do I apply for an EarlySalary loan?

1) Register. 

2) Download the EarlySalary App or Register on the Website. Completely and correctly fill in the basic information required.

3) Get instant approval. 

4) Once your KYC is in place, just select how much cash you want to transfer to your bank, and it will be disbursed to your bank account automatically.