Documents Required for Instant Loan

Life seems convenient when most things get digitised. One of them is the way we are availing an instant loan these days. They have grown in popularity as they are approved instantly with less paperwork and without collateral. It is also easy to apply because of the simple loan application that can be filled out within a few minutes.

Unlike traditional lending, waiting for 2-3 weeks for loan approval is a difficult task. But now, the story is entirely different! You can now get instant cash quickly with an instant loan app like FlexSalary. The documents required are also limited and can be uploaded online through the app itself. Though there are many lenders like banks, NBFCs (Non-Banking Financial Companies), credit unions, etc., which are offering loans through their apps, FlexSalary stands out because of its unique, customer-friendly features.

Our instant loan app can be accessed 24X7 online and you can get a loan right from the comfort of your home or office. All you need is a working internet connection and a smartphone. Once you apply online, your loan will be approved on the same day.

What are the Prerequisite Documents Needed to Avail an Instant Loan with FlexSalary?

The documents required to apply for a loan with FlexSalary are very minimal. You can just upload the documents online via your smartphone. But before applying for a loan, it is always advisable to know the eligibility criteria, and then proceed.

The eligibility criteria set by FlexSalary to get approved for a loan is:

  • Age – Should be equal to or more than 21 years.
  • Employment status – Should be a salaried employee
  • Minimum salary – Should be at least INR 8,000

If you are meeting the eligibility criteria, then the next step you need to proceed with is towards the submission of required documents.

  • Identity proof: The documents you need to submit as Identity proofs are a PAN card, Aadhaar card, driver’s licence, or passport.
  • Address proof: You can show your passport/rental agreement/utility bills like landline, water or electricity, etc. as valid proof of address.
  • Income proof: To get a loan immediately, you need to submit your income proof, which includes your 3 to 6 months salary slips along with your bank statement.

Hope you have understood the eligibility criteria that you must meet and the prerequisite documents that are to be submitted to get a loan through a FlexSalary loan app.

FlexSalary Loan App – Why is it the Best Instant Loan App?

It is a well-known fact that many of us know- banks take a lot of time to approve a loan. When you can’t wait to get money immediately, applying for a loan with us is the best option.

The entire loan application process, right from application till the disbursal, everything is online, and once you apply and get approved, you can see funds in your account within no time.

To get a loan instantly using the FlexSalary app, you just need to follow these 3 simple steps:

  • Download the FlexSalary app either from the Google Play Store or the App Store.
  • Fill in all the requested information in the online loan application form.
  • Upload the necessary documents about your identity, residence, and income. Then, click on ‘Submit’.

Your loan processing will begin, and you will get approval in a few minutes.

Takeaway

So, if you are looking for a better solution to get an instant loan, then try FlexSalary App. You can apply for a loan anywhere from a minimum amount of INR 4,000 to a maximum amount of INR 2,00,000 to meet your needs. Once your loan is approved, you can withdraw money from your line of credit at any time up to the maximum credit limit you are offered.