The introduction of internet has brought a revolution in the lending industry. The number of lenders providing personal loan has been increasing at a lightning speed. The search engines like ‘Google’ will show you a list of hundreds of online loan provider in less than a second. The huge number of lenders simply indicate a much bigger number of online personal loan borrowers. Though the personal loan borrowers are many in number, there are still many who hesitate to apply for a personal loan.
A huge number of common people still lives with the misconception that it is a challenging task to avail a personal loan. But the fact is contradictory to the belief of those people. At the moment, availing a personal loan has become as easy as preparing instant noodles.
Finance Buddha, one of the promising personal loan providers has made the lending process easier than ever. One needs to follow just three simple steps to make your personal loan get disbursed.
Yes! To the surprise of many first-time personal loan applicants, we at Finance Buddha offer you a personal loan with three simple steps. A personal loan online has become much simpler and less time-consuming than ordering food online or ordering your outfit for the next dinner date.
Simple Steps to Avail a Personal Loan at Finance Buddha
This is the first step that has to be initiated by the loan applicant. To apply for a loan online you are to fill up an online form in the website of Finance Buddha. Here you are to mention your desired loan amount, your name, email id, and the phone number. This is the first step of an online personal loan apply at Finance Buddha. Filling up this online application form is hardly a task of a minute.
Get Instant E-approval
The time between applying for the loan and getting approval is crucial for any loan applicant. The team of Finance Buddha checks your creditworthiness and if you are found eligible for the loan, they will send you a confirmation SMS in your phone. Once you get the confirmation mail, you are to upload the documents that support your creditworthiness. The documents needed to be uploaded are-
✓ PAN Card Copy
✓ Aadhaar Card Copy
✓ Government Issued ID Card
✓ 3 months Bank Account Statement
✓ Latest Electricity / Telephone / Credit Card Bill
✓ Employer’s Letter certifying current mailing address
✓ A Valid Passport / House Lease Agreement
On the basis of your documents, the team at Finance Buddha cross checks your eligibility for the loan. To prove yourself eligible for a personal loan at Finance Buddha, you must be 21 to 60 years old with a minimum income of Rs.15,000 per month. Additionally, you must be employed with your current employer for a minimum of two years.
The next step of availing the loan is getting disbursed.
Yeah! You read it right.
Once the verification is done successfully, the disbursal process is initiated. Before the loan is disbursed, the applicant has to E-Sign the loan agreement. With this signature, an applicant agrees to abide by the terms and conditions of the lender. Once you E-Sign the loan agreement document and revert it back, the loan amount disbursal process will be started. You will have to provide the bank account number in which you want the loan amount to be disbursed. You will get an access to your loan amount within 72 hours of approval of the loan.
And here you go!
Your loan amount will be in your desired bank account within 72 hours without any hassles. Finance Buddha provides seamless and streamlined digital borrowing of multipurpose personal loans. Along with the simplicity of availing the loan, they provide you with a personal loan at the interest rate starting at 11.99% which is the lowest in the present market. For a better experience to get personal loan online, this digital lender has waived off the origination fee which is sure to save a quite good amount of the borrower. Along with all the facilities mentioned above, you will get a highly professional customer support team to resolve any issues regarding your loan.
A personal loan online is a power to the people who certain fall in the shortage of liquid fund. The NBFCs like Finance Buddha has made availing a personal loan as easy as ABC. Just a few clicks on your mobile screen or in the computer screen is enough to make your bank account funded with the desired amount. Just apply for a personal loan at any time of the day and make your life an unstoppable one.