Instant Personal Loans Online -Your Solution to Unexpected Expenses
The finances of salaried professionals mostly involve managing their expenses and budgeting for their needs. However, having additional or unexpected expenses is inevitable and cannot be managed by a fixed salary. Taking an instant personal loan online for a salaried person in such a situation can be the easiest solution.
An online personal loan can also be the easiest credit option for simple application and quick disbursal. Extra expenses always appear unexpectedly, whether it's a medical need, or you're planning for upskilling, education, and children's demands, travel plans, welcoming guests, some home renovations, a shopping spree, or simply a household need. And the solution for all these can be just one: an instant loan!
Instant Personal Loan in Nutshell
- Instant personal loans on salary are an unsecured credit option with online access. It's a collateral-free loan that you can avail of based on your income.
- It's a paperless and digital loan option available with minimal documentation.
- It comes with attractive interest rates, easy repayment options, and a flexible tenure that can be up to 3 years.
- Here, you can avail of a loan against your salary in the form of a credit line of up to Rs. 2 lakhs at a competitive rate of interest.
It's a short-term, unsecured personal loan. When it is only given to salaried professionals via e-transaction, it is referred to as an "online loan for salaried." The loan approval depends only on your salaried income because it's collateral-free.
Online Instant Loan: Features
Easy application:
We provide an easy loan application process. For an instant loan, the application process is always short and simple. You can complete the procedure with basic personal credentials like your name, contact details, financial requirements, and desired term.
24*7 access:
Being an online credit facility, you can apply for it anytime, from anywhere. Since you can avail of this unsecured personal loan 24 hours a day, it's perfect for emergency cash needs.
Quick approval:
This credit app comes with a quick loan approval feature. Since the documentation and verification are both done online, it's time-saving.
Instant disbursal:
Besides being able to apply for an instant loan online, you can also get the money within 24 hours of your application. Credit can be accessed using a cheque, demand draft, or direct account transfer.
No collateral:
We provide unsecured loans; hence, no collateral is required for approval. You can access the credit facility based on your income even if you do not have a mortgage.
No Hard Credit Check:
The credit line is approved based on your income and sometimes after a soft credit pull. No hard credit check is done, so you don't have to worry if your CIBIL score is low.
Flexible Repayment:
Because we offer no mandatory fixed EMIs, you can repay this loan in variable installments. As long as you are making the minimum monthly payments, no penalties or charges are imposed.
High Credit Limit:
Here, you can borrow up to a credit limit of Rs. 2,00,000 starting from Rs. 4,000. A credit limit makes it perfect for both small and bigger financial needs.
Flexible Tenure:
You can pay off your dues anytime within a flexible tenure of 3-36 months with this instant credit app. Also, it charges nothing for the loss of interest in the case of full or partial prepayment of the loan.
Paying Interest as You Go:
On a quick loan from this credit app, you pay the interest only when you spend the money. It works as a credit line, where the interest accrues only on the amount used out of the approved credit limit.
Qualifying Criteria for Instant Personal Loan Online as Salaried
The eligibility criteria might vary a little depending on the lender, but this cash app offers a relaxed setting. Anyone who meets the following criteria can apply for a quick loan from this site:
| Citizen | You must be an Indian Citizen |
| Age | You must be at least 18 years old |
| Occupation | You must be a salaried individual |
| Income | You must have a monthly income of Rs. 8,000 or above |
Document Required for Instant Personal Loan Online For Salaried Professionals
- Address Proof: Aadhar card/ Utility Bills/ Ration card
- Identity Proof: PAN card/ Passport/ Driving license
- Income Proof: Bank account statements/ Salary Slips/ Income statements from various sources of income
Application Process for an Instant Personal Loan Online-For Salaried Professionals
Fill in the application form: You can fill out the online application form with your basic credentials, like Name, Contact, and PAN details; Income; Amount Required; and Tenure Desired.
Upload the documents: After the application, you must upload all required documents. You can precheck the details of the required records and keep them ready for this stage.
Submit the loan application form with the required documents, and wait for your loan to be approved.
Complete the verification: Once the documentation is done, complete the online KYC. Through a video call, it's completed, as no physical verification is done for an online loan. As a result, neither you nor anyone else visits you for formalities.
Credit disbursal: Immediately after the verification, your loan is approved. Once approved, there is no waiting period for disbursement, and within 24 hours, you can access the cash.
Benefits of FlexSalary's Instant Personal Loan Online for Salaried Individuals
Convenience:
You can easily apply for an instant personal loan online for salaried professionals through a simple application process. The registration can be completed here with your name, contact information, and PAN details.
Speed:
We provide disbursements within 24 hours of the application. In emergencies or urgent cash requirements, this helps the most since you can easily access the cash.
Flexibility:
We offer a flexible repayment option through which you can pay off your installments. We manage all expenses through a fixed monthly salary repayment, which does not add to the burden. You can pay off all your dues anytime within a flexible tenure of 3-36 months. As long as you are paying the minimum monthly dues, no late payment fees will be imposed.
Trustworthiness:
FlexSalary has a transparent lending system where you can check all the rates and charges before applying. Also, no hidden charges are involved, and you get a failed credit line deal. Its website and app are both end-to-end encrypted and give you a secured loaning platform.
Customer support:
While this cash app provides credit support 24 hours a day, 7 days a week, it also provides customer support. You can connect anytime with the customer support system and seek help regarding a new or ongoing credit line.
Bottom Line
You can easily use this mobile app or the official website to apply for an instant personal loan online. Besides its online availability, you can also get credit access in just one day. Since no physical verification is done here, you can apply for it from anywhere, which helps the most in emergencies. FlexSalary is the best lender for a salaried person for all varying financial needs due to its easy access, instant approval, and flexible payback options.
