Quick Loan: At any point in life, there can be a sudden need for money or an emergency. At such times, if money is available immediately, it is no less than a great relief. Now with the facility of ‘Quick Loan‘, you can get a loan of up to ₹ 50,000 in just a few minutes, without standing in long bank queues or going through heavy paperwork. This is an incredible facility of the digital age that can help you immediately in a financial crisis.

What is an Instant Loan

‘Instant Loan’ is a loan whose process is completed very quickly and the money reaches your bank account immediately. It does not require too many documents and there is no need to go to the bank.

This facility is extremely beneficial, especially for those who need money immediately for a medical emergency, tragedy in the family, or any sudden expense. This is completely different from traditional loans, where the process can take several days or weeks.

Digital platforms have made the way easy

Nowadays, many digital loan apps and online platforms have made this facility extremely simple. All you have to do is apply from your mobile phone, upload the required documents, and the loan can come to your bank account in no time. This process is completely online, which saves time and you get the facility sitting at home.

Famous Quick Loan Apps

CASHe:- People aged 23–58 years get a loan with an Aadhar card with, a repayment facility of up to 540 days.

PaySense:- For 21–60 years, loan from ₹5,000 to ₹5 lakh, repayment period of 3 to 60 months.

KreditBee:- Loan from ₹6,000 to ₹10 lakh in 10 minutes, minimum income of 10,000 rupees monthly.

Pocket:- Loan from ₹10,000 to ₹2 lakh, repayment period up to 36 months.

Quick Loan Process

First of all, you have to download a trusted digital loan app or platform or visit their website.

Register by filling in your mobile number and other general information.

Enter your personal and financial information like PAN card, Aadhaar card details, source of income, etc.

Upload photos or scanned copies of required documents. Usually, this includes a PAN card, an Aadhaar card, and bank statements.

Select the amount you need (up to ₹50,000) and the tenure you want to repay the loan.

Once you submit all the information and documents, your application goes for review.

Within a few minutes or hours, if your application is approved, the loan amount is transferred directly to your bank account.