A personal loan can be an asset for the borrower since it can be used to cover an emergency, or when faced with a shortage of funds. Because the loan doesn’t limit the use of it at any point and is a flexible loan, it can be used to finance the cost of wedding or medical expenses, travel plans or just about anything else you can think of. It is also possible to take out personal loans to use it in an emergency savings account. With these advantages it is the most secure financial protection for most people who need to borrow.
The Top Five Instant Personal Loan Apps for India 2021
Thanks to the advancement of technology applications and the disbursement of personal loans has been made much simpler. A number of lenders make this process easy via mobile apps. These applications give instant loans to customers. You just need an internet connection to access your personal loan immediately.
Here is a list of the top five personal loan apps that are instant in India 2021
1. The Fullerton India’s Instant Loan App: It’s an easy and quick personal loan application that is suitable for self-employed and salaried professionals. Fullerton India’s personal loans application allows quick transfer of the loan amount that you have approved to your banking account in 30 minus* following the loan’s approval.
One of its features includes:
- Customers are able to apply for an Fullerton India Personal loan at any time, and from anywhere in India.
- The app has a simple documenting process, where users only have submit their essential data and documents.
- It’s a totally digital process with live tracker statuses available.
Why should you pick Fullerton India for Personal Loans?
Fullerton India offers attractive personal loans that include the option of an online personal loan EMI calculator online disbursal, flexible tenures affordable interest rates, and comprehensive services. A few of the benefits of Fullerton India’s personal loans include:
Personal Loans Up to Rs. 25 Lakh* at Fullerton India, the customers are able to borrow up to the amount of Rs. 25 lakhs*.
Flexible and attractive Interest Rates
The initial rate is 11.99 percent * for self-employed and salaried individuals, with a maximum of 36 percent *.
Hassle-free Documentation Process
The loan process is entirely paperless when applicants apply online.
Once all checks have been completed, the amount that is approved will be credited to the customer bank account within the 30 minute * after approval.
Other Benefits for Existing Customers
Customers of Fullerton India who are already customers will receive additional benefits.
In the year 2018, Nepal Telecom launched the Namaste Credit service, commonly known as the Ntc Loan Sapati service. Customers with prepaid NTC GSM accounts can use the Namaste Credit service to make calls regardless of whether they have a balance. It is, however, free. Learn of how to take loan in ntc SIM utilising the Namaste Credit service in the steps below. Also, take a look at the Namaste Credit FAQs. Below is a list of Nepal Telecom loan and credit services.
2. Money Tap:
Money Tap is essentially an online money lender with flexible interest rates currently serving customers who reside in Delhi NCR, Mumbai, Bangalore, Hyderabad, and Chennai and thirty cities across India.
3. Early Salary:
Through early Salary anyone with an income of 18,000 rupees or more can avail an individual loan of that can be as high as Rs 2 lakh in a matter of minutes. Early Salary is geared towards individuals with no credit background. With the proper documents you are able to get the loan offered by Early Salary less than 10 minus after you submit your application.
The maximum amount of loan you can avail through the KreditBee application is 2 lakhs, or Rs. 2 lakhs. KreditBee offers three kinds of loans: flexible personal loans and online purchase loans or personal loan for salaried persons. You can get the loan for a period between 62 and 15 months.
The app is also protected by 128 bits SSL encryption to ensure the security of personal information of customers. It is possible to use the app to purchase from partner websites such as Flipkart, Amazon, etc.
The benefits of LazyPay you can get credit starting from the amount of Rs. 10,000 to 1, 00,000. 1, 00,000. It is also possible to use the app to shop at Zomato Swiggy, Amazon or Flipkart and more. Later, you can pay using the flexibility of EMI options.
A Personal Loan Instantly App that offers the following benefits:
1. Save time: If you’re in a crisis and need to get a loan, you shouldn’t be running from one lender to the next. Personal loans online in a flash give you an individual loan at the single click.
2. Access Anywhere: You do not need to wait in lengthy lines. If you’re looking for personal loans it is easy to complete the online form from your home and then let the process begin.
3. Digital documentation: the days of self-attested copies of xerox are gone. Upload your documents using the scanner on your phone while applying an individual loan and then keep the entire document on your phone as backup.
4. An easy eligibility Personal loans do need you to leap through a series of hurdles. Personal loan lenders have relaxed requirements due to the fierce competition on the market. This could be your favour.
The personal loan can be a fantastic option for those who are looking for simple funding options. For a personal loan to be a viable option you have to satisfy the minimum eligibility criteria. It includes a steady income, a secure home as well as a satisfactory credit score, and an acceptable capacity for repayment. No matter if you need the sum of Rs. 100,000 or 50,000 you can easily get personal loans to meet your needs.