Get Instant Personal Loans
up to Rs. 20,000
It`s easier than you think!
Getting a personal loan for the first time can be a little overwhelming. With this ultimate guide, you are sure to gain a detailed insight into personal loans and their accompanying processes, so let`s get you started!
Getting a personal loan for the first time can be a little overwhelming. With this ultimate guide, you are sure to gain a detailed insight into personal loans and their accompanying processes, so let`s get you started!
Here is a detailed guide on applying for a personal loan. You may start your online application now and resumae it at a later instance.
Click on `Apply now` or download Loaney app
1
Sign up and create your account
2
Submit documents online (Aadhaar Card and PAN Card)
3
Select the personal loan and apply
4
The application will be approved within 2 minutes
5
CONGRATS!
Personal loan will be transferred in 10 minutes
6
A personal loan is an 'unsecured debt'. Unlike other loans, it does not require collateral, as in something given as security for loan repayment that will be forfeited if the borrower defaults.
A ₹20,000 personal loan can be taken for a variety of purposes. Some of these include:
One stop solution for all your instant cash needs. It takes less than 10 minutes to apply for a loan.
Filling of Application Form
The application form consists of various fields which require different information related to the client, such as personal details and employment Details (self-employed or working in an organisation)
01
Approval of the loan application
After the applicant fills out the application form, the form is sent out for approval. The lenders usually look for the applicant's CIBIL score, a three-digit number that determines your credit score. A score above 750 ensures hassle-free loan approval. The CIBIL score is determined by looking into your credit card history
02
Processing of your instant personal loan online and repayment with interest
Once the loan is approved, the applicant gets their loan money transferred, after which, they will have to repay the loan in monthly instalments along with a fixed interest rate. The duration of the instalments and interest rates depends on the amount of money they've applied for as a loan
03
Indian Citizenship
Age: above 18 years and below 65 years
Have salary or income
IN PAN card
Aadhar card
Selfie for verification
Sound good enough?
Go ahead and try it yourself!
A personal loan is a line of credit extended to an individual. It enables you to purchase a property or repay expenses when there are urgent needs, without having to pledge any security against the borrowed fund.
Loaney provides Instant personal loans for almost any imaginable purpose, and in the process eliminates all hassles typically associated with lending. To begin with, Loaney offers un-secured personal loans up to Rs. 20,000 and making it easily accessible to a much larger audience than traditional banks which require collateral in order to disburse such loans!
Loaney provides Instant personal loans for almost any imaginable purpose, and in the process eliminates all hassles typically associated with lending. To begin with, Loaney offers un-secured personal loans up to Rs. 20,000 and making it easily accessible to a much larger audience than traditional banks which require collateral in order to disburse such loans!
Loaney is a quick, easy and secure way to get credit online without the risks associated with making purchases on other digital platforms. With Loaney you can receive your credit limit within minutes of downloading the app; There's no need to wait around in long lines at your local bank branch or go through a rigorous documentation process!
To make things even easier, Loaney offers 2 month repayment periods at competitive interest rates; users only pay interest on their borrowed credit limit so they can use more than what they borrow. So what are you waiting for? Install Loaney App today and get access to your quick cash instantly!
To make things even easier, Loaney offers 2 month repayment periods at competitive interest rates; users only pay interest on their borrowed credit limit so they can use more than what they borrow. So what are you waiting for? Install Loaney App today and get access to your quick cash instantly!
Personal loans and instalment loans are financial tools of choice for many people who have urgent needs and when time is tight. While both instalment loans offer small amounts borrowed for short time frames with high repayment amounts, online personal loans are secured against your future income.
Loaney is the best and safe app for Instant personal loan and you can get the approval of the loan within 10 minutes.