An instant personal loan app is the one-stop solution to get cash loans in just a few minutes. Annual interest charges vary depending on the credit score, and we can choose from a wide range of flexible EMI repayment plans starting from three months and going up to five years. We can also get a credit line card with zero activation or annual fees. So, it is very straightforward to instantly activate our card and choose the shop now & pay later option or easy EMIs.
Some of the different types of loans are personal loans, instant cash loans or small loans for business, emergency or urgent loans, education loans, marriage loans, mobile loans, travel loans, and also loans for medical emergencies. Most lending platforms enable us to buy a new gadget we have been dreaming of for a long time or unwind at an exotic location with our family or friends. Furthermore, these platforms are also helpful for managing our wedding expenses, getting new furniture for our home, and also meet any other emergency expenses.
How To Apply For The Loan Online?
- First, download the loan app and provide your basic details.
- Check your credit score and eligibility with the app’s help within a few minutes.
- Next, choose your loan amount and repayment tenure.
- Submit online documents to complete your KYC and verify your income.
- After the submission, you may receive a call for verification. It will show the final application result on the platform and inform us via SMS if approved.
- It provides consent with the loan agreement after the approval.
- Finally, you will get your money directly to your bank account within a few hours after confirming the loan agreement.
Top Features Of A Loan App:
- Own Credit Model: We can get better offers regardless of our credit score with the help of the credit model available on the app.
- Easy EMIs: A credit app like kissht allows us to repay the entire loan amount in three to sixty months at our convenience.
- Hassle-Free: It ensures an entirely paperless and hassle-free application process and offers small business loans.
- Transparent: Most cash loan apps are safe, secure, and satisfactory and have no hidden charges.
- Spend Analysis: We get complete track of where we spent from our credit cards with easy-to-read spend analysis charts.
- Rewards & Multiple Offers: We get credit card offers, win multiple prizes, and enjoy seamless payments for all our credit or debit cards.
- Win Cashback: An online lending platform like Cashbean gives various shopping offers, subscriptions, and membership like book flights at money-saving offers, cult-live & exclusive Myntra or Amazon shopping, Swiggy or Zomato offers & cashback, and discounts on lifestyle products for all the members.
India’s leading digital lending platforms collaborate with registered banks or NBFCs. They aim to meet customers’ financial needs for various requirements ranging from purchasing mobile phones, medical conditions, bill payments, and more. Moreover, using a single platform, we get safe, fair, convenient, and affordable online loans. To be eligible for the loan, the borrowers must be Indian citizens, 18-56 years old, and they should also have a source of monthly income.