Instant Personal Loan in Kerala
- Instant Loan of Up To ₹50,000/-
- Disbursal in 2 Hours
- 100% Digital Process
- Flexible Loan Tenure
- Direct Transfer to Bank Account
Overview of Kerala- God’s Own Country
Everyone likes the beauty of the southern state of Kerala. It has a rich tradition, and the state is beautiful. Kerala has many industries and is a major wellness retreat. Over the past few years, the state has seen several social and economic changes.Why do You Need a Personal Loan in Kerala?
We all want to manage our expenses well within our means. However, despite getting a good salary we suddenly find ourselves in the middle of a financial crunch. This can be due to several unexpected factors – an unplanned hospital stay, urgent home or vehicle repairs, or a short trip to break your mundane routine.
Whatever the reason, you can not avoid it, but you may need short-term financial assistance to get through it. This is where personal loan in Kerala comes in handy.
Overview of Online Loan Apps
You are faced with an emergency financial need and need a certain amount of money for that incident. You neither want to use your savings nor do you want to wait for a long time and go through time-consuming bank procedures.
Is there a way out of this? The answer is Yes!
Online loan apps are the perfect solution to get an urgent cash loan in Kerala instantly without even stepping out of your house.
Unique Features of Online Loan Apps
Here are some of the unique features of these completely digital tools that dole out personal loans in Kerala.
- Flexible loan repayment options
- Minimal eligibility requirements and documentation
- 100% paperless process
- Instant loan approval and disbursal directly to your bank account
- Completely secure app-based process
Download the app and you will be well on your way to managing your cash crunch without the long lines, multiple bank visits, and never-ending wait for the money.
InstaMoney- Your Trusted Personal Loan Lender
Numerous online loan apps have come in the recent past, cashing in on the demand for urgent cash loans in Kerala. Banks and nonbanking financial companies have shifted to digital borrowing for the convenience it offers.
Are you confused about finding the online loan app that is just right for you? Just follow these easy pointers to choose the best from the lot.
- Make sure your critical information is secure and the app is well encrypted.
- Read the loan terms and conditions, repayment options, and other fine print to make sure that you are not surprised at a later date.
- Check out the loan eligibility, interest rates, and reputation of the loan app.
InstaMoney is a part of the Reserve Bank of India (RBI) registered largest peer-to-peer lending organisation LendenClub. The app with 69 lakh registered users and downloaded over 45 lakh times is one such personal loan app in Kerala that ticks all the right boxes.
Eligibility Criteria for Personal Loans in Kerala
With InstaMoney, you are guaranteed an instant personal loan in Kerala which is disbursed directly to your bank account within a couple of hours, provided you satisfy these simple eligibility criteria:
- You must be an Indian citizen
- You should be aged between 21 and 45 years
- You must have a consistent salary of at least Rs. 12000 monthly, which should be reflected in your bank statement.
Personal Loans In Kerala for Low CIBIL Score
Worried about your low CIBIL score? You don’t have to, as InstaMoney offers up to Rs. 50000 loans in Kerala based on your stable monthly salary and the status of your employment.
Personal Loan Without Income Proof in Kerala
Since the loans availed through the personal loan app in Kerala are unsecured, it is not possible to disburse them without proper income proof.
Documents Required for Personal Loans in Kerala
You need to upload the scanned copies of the following documents for availing personal loan in Kerala:
- Know Your Customer (KYC) Documents – Aadhar Card and PAN Card
- Bank statement of the previous 3 months with your salary reflected in these statements.
- National Automated Clearing House (NACH) forms or e-NACH forms
How to Apply for Personal Loan in Kerala
Interested in a personal loan in Kerala? Let us understand the steps involved in the process.
- Download the free InstaMoney online app and use your social media account login details to sign up. Alternatively, apply for a personal loan through their website.
- You will be prompted to enter a few personal and financial details to help the app decide your eligibility.
- You are free to select the loan amount and tenure and upload the requested documents for verification.
- You can find the loan amount you requested credited to your bank account within a couple of hours.
1. Check Eligibility
Visit the InstaMoney website or download the app, enter all the necessary details, and receive your eligibility status within 2 minutes.
2. Choose Loan Duration
Select your preferred loan amount and repayment period from the available options
3. Upload Documents
Upload all required documents online for verification.
4. Loan Amount Disbursed
Once your documents are verified and the loan agreement is submitted, the approved amount will be transferred to your bank account within 2 hours.
Choose your Online App Wisely
Online loan apps have filled a huge gap that existed between financial needs and satisfying them instantly. Even getting a Rs. 50,000 loan in Kerala seems easy, no doubt, but you need to be careful with your choice of the online loan app. An online loan app that doesn’t satisfy the basic selection criteria can set you on the back foot and give you more trouble than benefits.
If you are still worried about selecting the wrong online loan app register yourself with InstaMoney. You can never go wrong when using this loan app for availing personal loans in Kerala. You can get an urgent cash loan in Kerala anywhere between Rs. 5000 to Rs. 50000 based on your eligibility criteria.
What are you waiting for? Instant needs require InstaMoney. Apply for a personal loan on the go. Just download the free InstaMoney online loan app and experience financial freedom.
Take Their Word For It
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FAQ
No, the personal loan in Kerala can be disbursed only to the bank account of the person who is availing the loan.
If you avail of a personal loan in Kerala through a reputed online loan app, there is no risk involved. Check the ratings, reviews, and loan terms before making an informed decision.
You will have to face certain consequences if you fail to pay an EMI. Online loan apps generally levy a penalty and late fee in such a situation. This will also harm your credit score, which will in turn affect your chances of availing future personal loans in Kerala.
Customer Support Information:
Feel free to contact us if you have any questions or concerns.
Contact us for more details cs@lendenclub.com
