Online loan 2024: Suppose suddenly you faced any kind of financial crises, and you need a handsome amount of money. In that condition what will you do? Either you will borrow some money from you friends or your relatives, but sometimes they also denied to give you money. In that case what will you do?

Many of you will look for a bank loan, bank loan is a good way to get money, but it has a problem, usually bank took a long time to provide you loan even they check your CIBIL score. If your CIBIL score is below than 600 then rarely bank will provide you a loan. If your CIBIL score is below than 600 and non-of your friend relative is providing you money, then you can use some other methods to get the instant loan without any CIBIL score. Today in this article we will explain you how you can get an instant loan without having good CIBIL score. Its biggest advantage is that this loan is based only on your KYC documents, you will not have to face any kind of problem. Complete KYC and get instant loan.

Online loan 2024

In today’s era, almost all the work is done through your smartphone by using some mobile app. There are many private institutions that provide you the facility to complete your loan application online instantly.

By using these loan applications, you do not need to go anywhere to take the loan, you just have to install these apps in your mobile phone, and you can complete the KYC process with the help of your Aadhar and PAN card, without any hassle. This loan gets credited to your account within a few minutes without any physical verification.

$1312 Stimulus Payment September 2024: Check PFD Payment Date, Eligibility & Application Process

How to Claim $15 Million Cash App Settlement?

Benefits of the Online loan 2024

• Through these loan applications you can get a loan ranging from Rs 1000 to Rs 5 lakh.
• You don’t need to go anywhere to get a loan; You can apply for this personal loan online from your phone.
• You also have 3-to-36-month time to repay the loan
• In this you will not have to pay any kind of fee before the loan.
• Be it any professional field, be it a man or a woman, everyone can take an instant loan online. For this, there is a 100% paperless digital process.
• If you need to make a payment in the next few minutes, you can use these personal loan applications.
• All these loan applications are Indian and registered with NBFC.
• Through these loan applications, you can get loan without salary slip or ITR, just by doing KYC.

Interest rate of the Online loan 2024

Here you get a loan at an interest rate of 36% per annum, which according to me is very high. If you suddenly need Rs 50,000, you cannot initially take such a big loan through a loan application from here unless you get a good offer.

What are the eligibility criteria required for the loan

1. You must be an Indian citizen,
2. You must also have a source of monthly income •
3. Age should be between 21 to 55 years
4. Mobile number linked to Aadhaar will be required
5. you will need a savings account and internet banking.
6. Your credit score (CIBIL) should be good
7. The service of this loan app should be available in your city also.

Ganesh Chaturthi 2024: गणेश उत्सव के दस दिनों में करें ये काम पूरी होगी हर मनोकामना, जाने गणपति स्थापना का मुहूर्त और विधि

$2900 Canada Pension Payment September 2024: Benefits, Increase Amount & Fact

What are the documents you required for the Online loan 2024

• PAN card
• Aadhar card
• In some loan apps, you will also have to provide bank statement.
• For photos, you can take selfies from Loan App.
• Aadhaar OTP will be required to assign the loan agreement.
• In some loan apps, you will have to give NACH approval so that your loan EMI is automatically deducted from your bank account on time, for this you can use Internet Banking or Debit Card.

Processing fee and other charges of the Online loan 2024

• The interest rate can range from 25% to 36% per annum depending on your credit score.
• Processing Fee – Processing fee up to 5% of the loan will have to be paid.
• Penalty – If you do not pay the loan EMI on time, you may have to pay a daily penalty.
• Additional Fees – No additional fees of any kind will have to be paid on joining, annually, and before the loan.
• GST – A GST charge of 18% may be applicable on all charges and fees.

Use these apps for online loan

• Smart Coin
• Navi
• Simply Cash
• Kredit bee
• Lazy pay
• Branch
• Cash bean
• Pay sense
• Stash fin
• Money View
• Money Tap

How to apply for the Online loan 2024

1. Install the loan applications mentioned above on your phone.
2. Create account with Aadhaar linked mobile number.
3. Upload Aadhaar, PAN card, bank account details, and selfie along with complete information about yourself to complete KYC.
4. Within a short time, if you are eligible, you will get a loan offer.
5. To avail this loan offer, you have to e-sign the loan agreement through Aadhaar OTP.

Australia $250 Payment for Pensioners in September 2024: How to Get It? Check Payment Dates

$300 Federal Payment Canada September 2024: Check Eligibility, Payment Date & Fact

FAQ’S: Online loan 2024