How to Apply for Personal Loan

With so many occasions and situations in our life, there comes a time when we all need some extra money to fulfil our wishes and dreams. No matter how much you save or invest, such wishes or aspirations are never-ending. Circumstances like these in life calls for an instant money loan. One might need money to pay for a travel ticket, monthly EMI, medical bills, car or home repair expenses, festival shopping or any other large asset shopping. Getting a loan from your family or friends is not ideal and convenient every time, this is when you can think of getting a personal loan from the money lenders.
The money lending market is competitive and you will find many lenders online. Taking a personal loan online is easier and involves very less paperwork compared to the traditional bank loans. There is no lengthy paperwork involved and almost everyone can apply for it, provided you are above 21 years old and are a resident of India. Such instant money loans are approved within a short period of time.

Following are the few simple steps to apply for a personal loan:

• Download the quick loan app on your smartphone. There are various apps like CASHe available on the app store and play store.
• Register yourself on the app with the help of your social media accounts
• Once you are registered, enter your desired personal loan amount. The loan amount starts from ₹10,000 to ₹1 to 2 lakhs.
• The next step is to set the duration of the loan. It can be 15, 30, 60, 90 or 180 days. It depends on your capability of re-payment.
• Once you enter your personal loan amount and the duration, you will find out the interest rates for the same.
• The app will then ask you to upload the required documents.
• The documents include identity proof, address proof, bank statements with your salary credited, and your photograph and income proof. You can submit your passport, Aadhar card, pan card, utility bills, bank statement and last 3 to 6 months’ salary slips. Your employer should have a registered company.
• Once the documents have been uploaded on the website it will take a couple of minutes to review the instant money loan request. Your loan request can get accepted on the same day itself.
• You can check your loan status on the app, whether it is pending, approved or disapproved.
• As your personal loan is approved, the loan amount is then disbursed in your personal savings account within a few minutes.
• Once your due date arrives, you can re-pay the amount via bank transfer or cheque deposit.
The entire process of applying for the personal loan takes 15 to 20 minutes. You can apply for personal loan from anywhere in the world, all you need is working internet connection. You are not required to visit any branch or submit physical documents. As these are unsecured loans, you don’t have to state any asset ownership.

HOW CASHe WORKS?

DOWNLOAD APP

Available on iOS & ANDROID

REGISTER

Using your FB, LinkedIn or Google+ accounts

SHARE DOCUMENTS

Fill the application form & upload 4 basic documents

ENTER AMOUNT

Loans ranging from Rs. 10,000/- to Rs. 2 Lakhs basis your approved eligibilty

GET CASHe

Cash transferred into your bank a/c within minutes

REPAY

Easy repayment via bank transfer/ cheque deposit and raise your Social Loan Quotient

DOWNLOAD CASHe Now