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Instant Cash Loans with No Paperwork

Demonetization in India is about to complete 2 years of being in action. The historic announcement of demonetization of ₚ500 and ₚ1000 banknotes of Mahatma Gandhi series on 8th November 2016 has brought lots of panic among Indians all over the country. There were endless queues in front of ATMs which continued for several weeks. But along with the passing time, the Indian economy gradually turned towards more and more cashless transactions. The past two years have witnessed lots of upgradation in the finance sector of India. People started preferring digital money over currency notes. At present date, from small transactions like paying the bill of a tea stall to the mass payments like business transaction all are done digitally without a paperwork. Along with many other digital transactions, a personal loan is the one which has changed drastically. Personal loans have changed it’s entire appearance along with the changing time. Gone are the days when people had to stand in queues to apply for a personal loan. The second decade of 21st century is the era of instant cash loans. Digitalization has transformed all the processes so very easy to access that the personal loans are now only a few clicks away. Online personal loans can be applied and sanctioned online by using the website of the financial institution.


How to apply for Instant Loans? Applying for an instant loan has become very easy and one can do it on the go. An applicant can easily fill up the online loan application form and upload the required documents. After submission of the online application and the required documents, the financial institution does the credit checking by using the credit score and sanctions the loan according to the eligibility of the applicant. A personal loan while applied through an online portal is much easier as compared to the conventional system of availing a loan. An applicant of conventional loan has to visit bank to bank in search of the best offer available, then standing in a long queue for meeting the bank workers to apply for a loan and again either visiting bank numerous times or calling them up to get the status of the loan. An online paperless loan can save much of effort and time which a loan aspirant had to invest a few decades back in order to make his loan get granted. The Eligibility Criteria for a Paperless Personal Loan There are some certain criteria which every financial company fixes to find out if the applicant is fit to be chosen or not. Here are some criteria which a very renowned NBFC Finance Buddha has fixed to determine the eligibility of an applicant for online loans. An Instant personal loan can be applied by any person if he /she fulfils the mentioned the given criteria. An applicant must be more than 21 years and less than 60 years at the time of applying. The minimum income of a salaried person should be Rs.15,000. If you are a self-employed person your minimum income should be Rs.20,000 to become eligible for an online personal loan from this NBFC. A salaried applicant must have at least two years of work experience with the present employer whereas a self-employed applicant must prove 5 years of turnover.

Documents Needed To Upload As the name suggests, there is no paperwork done from applying to disbursal of an online loan. All one need to do is the uploading of the scanned documents. Here is the list of the documents which one need to upload.


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Identity Proof- PAN card, Adhaar Card, Driving License, Voter’s ID, Govt. issued ID cards. Address Proof- Passport, Driving License, Election ID card, Electricity/ Telephone/ Mobile bill Income Proof-Bank statement (not more than 3 months old) Age Proof- Birth Certificate, PAN card, Adhaar Card, Driving License Certificate and Proof Of Business Existence (applicable only to the selfemployed persons)- PAN card, sales tax/ excise/ VAT/ service tax registration. Once the uploading of the documents is done successfully, it will take no time in sanctioning the loan. After the loan sanctioning an applicant has to do the esignature on the loan sanctioning documents and that all one has to do. The loan amount will be disbursed to the bank account of the applicant. An applicant can get the loan amount in his bank account within 72 hours of applying. FurthermoreAlong with the hassle-free process of the loan, there are many other advantages of an Insta Loan which is an exclusive product of Finance Buddha. An instant personal loan without documents is the fastest way of getting a personal loan. It takes only one business day to disburse the loan amount. Moreover, an online loan assures the privacy of the applicant. The financial institutions are never allowed to share the sensitive information of any applicant to the third party. A paperless personal loan saves a lot of time of the loan applicant. A loan can even be sanctioned and disbursed without visiting the branch office for a single time.

Above all, the added feature of insta loan says that the applicants who are new to credit can also avail the loan. Most of the lenders ask for a minimum of 750 as credit score to get qualified for a loan. But if you go with Finance Buddha, you can avail a loan with a ‘0’ credit score which generally happens if you have never taken a loan before. Paperless Loan The concept of paperless loan has come into the force after the Government’s push to Digital India. With the emergence of paperless personal loans, the loan process has become hassle-free, smooth and of course, disbursed faster than conventional loans. Now you can have an immediate personal loan with no


paperwork required from anywhere as per your convenience and within very less time the loan will be disbursed into your account. This is one of the areas where technology has changed radically and for good. But just because it is easily available that does not means you should avail it. If your requirements are genuine, feel free to make use of the instant personal loan facility. Happy Borrowing!

Instant Cash Loans with No Paperwork  

Now you can have an immediate personal loan with no paperwork required from anywhere as per your convenience and within very less time the l...

Instant Cash Loans with No Paperwork  

Now you can have an immediate personal loan with no paperwork required from anywhere as per your convenience and within very less time the l...

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