Unique Features of Personal Loans in Mumbai

• Quick Approval: Get fast approval for your personal loan, making sure your urgent financial needs are met quickly.
• Variety of Repayment Options: You can select from a variety of repayment options, you can either opt for an EMI or you can pay in one go.
• Easy process to pay back: You get to enjoy a hassle-free repayment process, making it convenient to settle your loan.
• RBI-registered NBFC-P2P: RBI-registered Non-Banking Financial Company Peer-to-Peer lending platform.
• Minimal Documentation: You need less documentation, which makes it easy for you to apply for your personal loan
• Secure Transactions: Get security for your transactions, and enjoy peace of mind throughout the borrowing process.
• Minimal Documentation: Experience a streamlined application process with minimal documentation requirements.

Eligibility Criteria for Personal Loan in Mumbai

• The monthly income of applicants must be Rs. 12,000 or more.
• Applicants need a Credit score of 600 or more.
• When submitting your bank details, please ensure to provide the account information where you receive your income.
• Applicants must be aged between 21 and 55 years.

Applying for a Personal Loan in Mumbai

1. Verify Eligibility:

Go to the InstaMoney website or you can download the app, provide all required information, and receive your eligibility status within 2 minutes.

2. Select Loan Duration:

Choose your desired loan amount and repayment period from the available options.

3. Submit Documents:

Upload all necessary documents online for verification purposes.

4. Disbursement of Loan Amount:

Once your documents are verified and the loan agreement is submitted, the approved amount will be transferred to your bank account within 2 hours.