Skip to main content

Why FINTECH is the best choice when it comes to personal loans?


Why FINTECH is the best choice when it comes to personal loans?

Digitalization has completely changed our daily lives especially smartphones. Right from ordering pizza to equity stocks or booking airlines tickets, everything can be done with just a few clicks on your smartphone while on the go. And the lending system is also not leaving any stone unturned to completely transform into a digital wing. This wing is quick, convenient and simple. With digital lending, the entire operation right from comparing quotes to application and loan disbursal everything is quick, convenient and paperless.

Fintech companies are now promoting paperless personal loan sanctions, and it has made easier for both the lenders and the borrowers to lend and avail money in quick turnaround time.
Personal loans online offered through top fintech companies in India help you meet a host of purpose such as: renovate your home, buy your favorite gadget or electronic appliances, go for a family vacation, meet urgent bike or car repairs, or pay for medical bills, etc. All you need is a smartphone app and a sturdy internet connection to get instant personal loans.  These firms offer quick loan sanction in a couple of minutes and instant disbursals in 1-2 working days.

Instant Personal Loan by Early Salary App


Through, e-lending arm you don't have to spend several hours to visit banks, stand in long queues for submission and finally wait to know your loan status. Digital lending sets you free from the tedious conventional process and save a lot of time and energy for you. Your loan is just a click away with an e-lending app on your smartphones. You don't have to pledge for any collateral, no need for an extremely good credit score.

Fintech companies are coming up with innovative and robust techniques to speed up the whole loan lending process through a quick communication interface and instant loan disbursal process.
These smartphone apps provide instant personal loans to salaried individuals based on their income source, job stability, bank statement, and other KYC details. It uses the social worth score of an individual and along with income stability. So, you don't bother about your credit score if it's on the lower end of around 600-700.

Instant Loan by Early Salary App


These instant personal loan apps will be your one-stop solution when you don't have enough funds to fulfill your financial goals or make bigger purchases. You can borrow as low as Rs 8000 and can go up to Rs 2 lakhs. Since these apps are social media friendly, they already have a page on platforms like Facebook. So, you can log in to your facebook accounts in the personal loan app from your Andriod and iOS mobile phone to apply for instant cash loans.

Some app has wallets wherein the money will be transferred to your wallet. They also have tie-ups with Big Bazaar, Amazon wherein you can shop for grocery, apparel or electronic gadgets with zero costs EMI as well.

Here are six compelling reasons why you should opt for instant personal loans through FINTECH apps:

•    No waiting in queues & tedious paperwork
•    Low borrowing fees
•    Instant loan sanction
•    Attractive interest rates
•    Flexible repayment in 60-120 days
•    No pre-closure charges


Labels:

Comments

Post a Comment

Popular posts from this blog

Guide of online instant personal loans app

There are some situations caused due to delay in your salary or immediate over-expenses in which you need urgent financial aid that may include paying your child’s fees, paying EMI for a month or shopping for festivals etc.  In such cases, rather than taking loan from banks or borrowing from friends it is advisable to take loans through online instant personal loans app which will fulfil your demands instantly. For people, it is a difficult task in developing trust to invest and perform financial transactions in the online apps. But there are few characteristics the best apps will have in them so that you can entrust in them. Here is a guide on how to navigate through the online platform to choose the best and trustworthy app. Should have friendly app: Except millennials people still struggle while using smart phones and online platforms, on top of that if it involves complex steps then it becomes very cumbrous for them. So, the apps of online instant personal lo...
6 comments
Read more

What instant personal loans bring to the table!

What instant personal loans bring to the table! Quick personal loans are the new age of finance solutions. They are a breath of fresh air that’s changing the borrowing landscape in India. Previous pain points such as branch visits, waiting in a queue, form filling, and tedious documentation are headed out the door and it’s all thanks to these novel personal loans. So if you’re skeptical of such loans or looking for personal finance, let us throw light on the benefits they provide and hopefully bring them into your consideration set when you’re in need of personal finance solutions. 1. Smooth experience. One of the last adjectives people use to describe personal loans is smooth. This is because the process is usually long and full of hiccups. However, instant loans have changed the scenario completely. These days, most lenders that provide such loans do so through mobile applications. This means there is zero need for branch visits or paperwork or going back & forth. Eve...
4 comments
Read more

Is it safe to use an instant personal loan app in India?

With the coming of the instant personal loan app in India, many people can solve their expenses with little to no worries. This was known to have become among the best services by started by banks and NBFCs. However, there are a few who feel that using an instant personal loan app in India could not be a good move because it could possibly be not safe enough. As far as safety goes, banks and NBFCs take the needed safety measures. The following article will help you understand how personal loan apps are safe to use. Instant Personal Loan App In India 1.     No hidden information A trusted lender will make sure not to hide anything from their users. They maintain a clear and interface where users are free to go through and read the terms and conditions of the user and company terms and conditions . This way you as a user are not kept in the dark about any of your loan related information. Instead, if at any point you feel that you are confused or doubtful a...
4 comments
Read more