Instant Loanby Arjita Gupta Content Strategist
It is a small cash loan between Rs. 10,000 and Rs. 1 lakh for salaried individuals. It is an unsecured and multi-purpose loan that you can use for any personal purpose. Rs. 25,000 min salary. Recommended Features
- Disbursal in 24 hours or less
- Minimal documentation
- Online application
- Tenure up to 90 or 180 days
- Low rate of interest
Review on Instant LoanIt is a great product for financial emergencies. The cash is usually disbursed to bank account the very same day of the loan application approval. So if you meet the eligibility criteria and submit all the required documents, it takes just a few minutes for loan approval. Also, loan purpose can be any. You can use the amount for activities such as medical emergency, travel, education, home renovation, big-ticket purchase, vehicle repair, and a lot more as per your need.
Being an instant loan for a short term up to a few months, it is easier to repay. The repayment capacity of the borrower is taken into consideration before loan approval. A CIBIL score of 650+ is desirable but not the primary criteria. Remember, this loan is only for salaried individuals.
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Created on Jul 12th 2019 02:39. Viewed 379 times.
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