Even if you have investment and savings for the future, situations in life may come where the money is required urgently. It can be an accident, or some financial cash crunch aroused due to sudden requirement. Whenever there is an immediate need for money, instant access to money becomes extremely important.
In such a situation, Finance Buddha’s Instant Loans can be your real survivor, it is quick, fast and e-approved. The processing of Finance Buddha’s Instant loan is done completely online thus, making it a fastest Instant Loan available in the market.
Situations Where Instant Personal Loans Can Help You
- Whenever you are in immediate need of funds, Finance Buddha instant loans are also there to fulfil your requirement.
- In case of a medical emergency where the money is required urgently, Finance Buddha is one of the best options from where you can get funds.
- Instant personal for your dream vacation or trip.
- One can also opt for Finance Buddha instant loan in the case when urgent repair or renovation of home is needed.
- Instant personal loan to add some money to your monthly budget in case when there is some urgent need of money.
Steps to Apply Online for Finance Buddha Instant Loan
- Visit the URL: https://financebuddha.com/insta-loan from your PC or smartphone.
- Apply for an instant personal loan online.
- Get advice for best offers through our executives.
- Complete the documentation required online.
- E-Signing of Loan Agreement.
- Instant Loan Disbursal.
Instant Loan Details
- Interest Rate: 10.89% to 36.00% p.a
- Loan Tenure: 12 months to 60 months
- Age: 23 years to 58 years (at the time of loan maturity)
- Minimum Loan Amount: ₹50,000
- Maximum Loan Amount: ₹5,000,000
- Processing Fee: 1.50% to 2.00% + GST as applicable
- Lock-in Period: 6 months
- Prepayment / Pre-closure Charges: Up to 5% per annum of the principal outstanding plus service tax
Understanding How Fast is Finance Buddha’s Instant Loan
Instant loans are a type of personal loan which one can avail online. Instant loans get speedy approval and are also disbursed fast.
What Makes Instant Personal Loans so Quick?
1. Easy Applying Process
The process to apply for Instant personal loan with Finance Buddha is very easy. You need to go to the online portal, fill some required information in just 3 steps and you are done with it.
2. Instant eApproval
Instant personal loans have an instant eApproval process as compared to a personal loan. Before opting an instant loan check your monthly breakups with EMI calculator. Doing this will help you to plan your finances in a better way. As soon as you apply for it, we will check for the fulfillment of eligibility criteria. If you satisfy the eligibility criteria, your loan application will be approved in an instant.
3. Quick Processing & Disbursal
When your instant loan application is approved, this means the loan amount for which you have applied is approved too. So, as soon as you get the approval confirmation, you will need to upload the required documents through the mobile app.
These documents will be scrutinized for all the details and to determine their authenticity. As soon as these documents are verified, you will receive your final loan offer.
If you are happy with the offer, just accept it and proceed to eSigning of the loan agreement. E-signing here implies that the loan agreement is accepted digitally.
As soon as this is done, Finance Buddha will disburse you the loan amount in an instant.
4. Hassle-Free Process
Finance Buddha Instant Loan is an online platform to get a personal loan. So, with Finance Buddha you can apply for a personal loan online by using your mobile phone, laptops or tablets being at your home or workplace. This saves your time and effort both making Finance Buddha Insta loan convenient for more number of people.
5. No Paperwork Required
The documents required for Finance Buddha Instant Loan are minimal as compared to others. Apart from this one of the biggest advantage to having an instant personal loan with Finance Buddha is that the documents required are not required to be submitted physically, rather they need to be uploaded online on the portal itself. The documents required with Finance Buddha are- applicant’s identity documents, employment details, and banks statements.
6. No Collateral Needed
Finance Buddha Instant loans are Unsecured loans. Hence, they do not require any collateral or guarantor to be backed up. This makes it easier even for the people who don’t have any collateral to give against their borrowing. This factor makes it available to the common masses. This also speeds up the process, as we do not require any additional documents for the loan and also the need to verify the collateral is also eliminated.
As can be seen, there are multiple factors which contribute to make our online loans facility faster than the others. Since everything on our end happens online with the help of proprietary algorithms, every aspect of the application is instantaneous on our end. The elimination of the human factor speeds up the process significantly.
Finance Buddha instant loans are truly instant and be helpful to you in many ways. But, the most important thing here is it can be truly instant only when the proper groundwork for it is done.