Life is full of unforeseeable and incalculable circumstances. And in our day-to-day life, we often get caught in hit-and-miss situations. And that sets us in a tight spot. Well! Not having enough money at some crucial moments is among some heavy areas of life. Especially when it’s not even that “big” money, minor emergencies can hit us as severely as calamities. And going to a bank for some small loan is not a feasible option since it’s not quick! In such cases, we need something like Quick personal loans.
Guess what? We don’t live in the stone age anymore, and we have already crossed over many technological advancements. There are many excellent “Money loan Apps” available in the market. Such an app is a modern-day concept where it gives you a loan if you are a salaried employee. It’s like receiving a small amount from your next salary. Hence, the terminology Advance loan App.
So how does it work?
Most people who are not adequately informed about this think that Advance Loan Apps are illegal somehow! Not at all! Here the App performs the role of a medium between the loan-takers and the bank itself. The loan applications are accepted by banks legally in contract with RBI.
Benefits of Personal Quick Loans
- Such Apps make it much easier for you. It makes the whole process relatively smooth and quick.
- Along with quick Processing, there is also a 366-day availability of customer care service for most apps.
- There is no need for any credit history.
- Services are 24/7 available in all Indian Cities for most of the apps.
- You have complete freedom to use the money.
- It’s an app, so everything happens quickly via your phone. It’s equally quick as uploading a pic on social media with your phone.
- You can apply for Personal loans from as low as 200 Rs till 2,00,00 Rs. And these types of transactions are completed in minutes.
So what is Eligibility?
Eligibility is relatively easy. And you have to manage three basic things to apply.
- A salary slip
- Photo Identity like PAN Card.
- Address proof.
So how do you get a Money loan App?
- Go to your google play store. And download the loan app which you prefer.
- Such apps often ask your mobile number to send an OTP for verification.
- Once all this verification process is done. Then, you can quickly complete the installation process.
So exactly how to apply for Money loans?
This process is just a minute game.
- First, create the account
- Then give your basic information.
- The information you provided in the App will show you your eligibility criteria with the tenure and interest rate.
- Once you meet the eligibility criteria, it will ask more questions about your current employment.
- Now provide your banking details.
- Take a loan.
The Advance loan App is almost like a Success Story of the 21st century. It has millions of downloads. And millions of people have conveyed positive reviews about such apps. And the reason is its best service, easy availability & transparency in the whole process.
In an emergency, such an App can be your savior.