Individuals seeking Personal Loan could use these Online Personal Loan Apps in India to avail Online Personal loan through these Mobile Applications.
Online Personal loan is a dynamic tool that can cater the need of the people through online personal loan apps in India. However, one must understand that loan is an ultimately a loan that needs to be repaid. Availing personal loan through online personal loan apps is very simple and online process.
Unlike Secured loan, Personal loan does not required any guarantor or collateral. However, online personal loan is extended based on your previous credit history and CIBIL score. Since online personal loan does not required physical attendance of the applicant, third party vendors or companies are appointed to verify the identity proof and residency status.
However, to obtain the online personal loan, you must have both Aadhar Card and Pan Card in order to avail the online personal loan through Online Personal Loan Apps.
Individuals those who are searching online personal loan app without salary slip must provide Bank Statement in which salary is credited.
Online Personal Loan Apps
Faircent India App
Faircent is India’s first P2P lending platform which has received a COR ( certificate of Registration from Reserve Bank of India as P2P NBFC. Peer to Peer is a platform where lenders invest their money to the borrowers. All lending procedures are online
I strongly recommend Faircent India to all borrowers to avail online personal loan. I have a great experience with Faircent India as a lender so far.
Browse Faircent India.
Mobikwik.com App
Mobikwik.com has emerged one of the best payment app in the Financial Market so far. Initially, People used to use the Mobikwik Mobile app to recharge or pay the Mobile Bill. But, today Mobikiwik.com has been a part of lending industry and can extend the online personal loan.
Mobikwik Personal Loan Features
- Hassle free online personal loan within 7 minutes.
- Provide your Mobile number to check the eligibility of the online personal loan here.
- Loan money can be used for any purpose like medical emergency, premium salary usage,
- Instant Online पर्सनल लोन अप्रूवल एंड सैंक्शन थ्रू मोबिक्विक अप्प विथ minimum of documentation.
- You can withdraw your loan amount any point of time and can repay too.
How to Apply:
To avail online personal loan through mobikwik app, you need to download the Mobikwik App and fill up all the required details. Mobikwik will credit loan amount in your wallet within 5 minutes, a hassle-free quick sanction.
- Bajaj Finserv Online Personal loan.
Bajaj Finserv extends an unsecured personal loan up to Rs 25.00 lakhs to meet out various personal requirements like medical treatment, home renovation, wedding or any other financial urgency.
Baja Finserv offers unique personal loan wherein applicant can reduce EMI up to 45% in Bajaj Finserv Flexi Personal loan.
Features:
- It offers instant sanction of personal loan and send your loan money in your bank account within 24 hours subject to terms and conditions of the company.
- Bajaj Finserv Flexi Personal loan has 60 months of tenure that you can pay at your ease within 60 months.
- Entire loan procedure is online hence it requires minimal documentation. Interestingly, you can also apply from your home or office on a click of mouse.
- Bajaj finserv offers pre-approved personal loan to their existing clients. Existing customers of Bajaj Finserv can avail the pre-approved online personal loan just by providing a single OTP.
- MoneyTap
MoneyTap is an online app from where you can avail online personal loan up to Rs 5.00 lakhs online and you can repay the same in 36 months of EMIs.
The MoneyTap offers online personal loan in limit account or wallet therefore you will have to pay the interest only on the amount that you use from the approved limit.
For e.g. You have been approved a limit of Rs 3.00 lacs. Suppose you have used Rs 50,000/- out of this limit. MoneyTap will charge applicable interest on Rs 50,000/- only and you will not have to pay interest on remaining Rs 2.50 lacs.