A quick loan is easy to apply online. And it comes with a short period of repayment and fast processing. This loan requires minimal documentation.
Features and benefits:
- Paperless approval - No paperwork is needed when you apply for an instant loan online as you have to upload all the documents online.
- Instant disbursal - It comes under the quick loans online category. If you need funds immediately, it is advisable to apply for an instant personal loan as the approved funds will be disbursed to your account immediately.
- Flexible loan amounts - Applicants can apply for the loan amount of their choice. The amount must fall within the minimum and maximum loan amount specified by the lender.
- No collateral needed - This is an unsecured personal loan. So, you don’t have to post any asset on a mortgage to avail of this loan.
- Minimum processing time - It takes a very short time to get processed.
How to Apply?
- Visit the lender’s website. An ‘apply now’ button will appear. Click on it.
- The next page will appear.
- There you have to provide all your personal details such as your name, age, address, phone number, email ID, etc.
- After providing your personal details, it is time to provide information such as Aadhaar card number, PAN number, etc. You also have to upload a scanned copy of all the provided documents. It is required to upload your passport-sized photograph.
- After that, you will be asked to provide information such as bank account details, income proof, salary slip, etc.
- Thereafter, you have to put the amount you want to get as an unsecured loan.
- Then, the lender will go through your application. The lender will check the authenticity of all the documents you have provided through some specific online portals.
- The lender will approve your application after checking your credit score. As it is an emergency loan, you will get the amount credited to your bank account within a short time.
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