Looking to Apply for a Cash Loan Online? Here’s All You Need to Know
A sudden vacation plan? Found the perfect deal on the laptop you’ve been looking forward to buying? Don’t have enough money in your account to buy someone a gift? No matter what the need is, instant cash always comes in handy. Instant cash loans are a form of credit that meets your immediate requirements and have shorter repayment periods. Offered by a lot of banks and other financial institutions, cash loans have become extremely popular today. The biggest advantage of a cash loan is the convenience it offers, along with easier and quicker approvals compared to traditional loans. Here are some of the benefits you can avail. Take a look.
Benefits
- A reliable source of fund
- Minimal documentation required
- A simple and hassle-free application process
- Quick processing time
How to Apply
All you need to do is to find a company such as KreditBee that lets you apply for instant cash loan online. Ranging from ₹ 1,000 to ₹ 1 Lakh, the loan amount is credited directly to your bank account. Create an account, fill up all the information required and link your bank account as well and then you can apply for the instant cash loan.
Details and Documents Required
- Aadhaar Card
- PAN Card
- Your Company Name
- A Picture of your Office ID Card
- Workplace e-mail ID
- Salary Slips
- Salary Account details
Note: Your Aadhaar Card should be linked to a phone number accessible by you. For KYC purposes, it must be confirmed that the Aadhaar Card uploaded in the app belongs to the person filling in their details, which must be confirmed via an OTP sent over to the phone number linked to the applicant’s Aadhaar Card.
Wrap Up
We hope that the above points will help you the next time you need an Instant Cash Loan. The information we have shared above should go a long way in helping you get an online cash loan. It is, however, important to ensure that you go with a reputable online loan company that offers you hassle-free and affordable loans. Once you have made up your mind, all you’ll need to do is download their app, complete your profile, and leave the rest to them.