Time is precious, and so is a timely loan for tackling various exigencies. When one is faced with an urgent need of funds, the best way to fill the gap is not by tapping into your savings, but by applying for a loan through the lender’s website or an instant personal loan app. We all have been in situations where a loan application takes weeks to come through, causing financial stress. However, with instant loan apps, personal loan application and processing have become quick and easy.
This article will cover the basic features of a Fullerton India Personal Loan App and how this new-age tool of credit can help you manage your expenses efficiently.
What is the Fullerton India InstaLoan app & how it works?
You no longer have to wait in long queues for document verification by officials and race against time for loans to come through. With digital financing, all it takes is a simple virtual process to get your loan sanctioned in minutes. This personal loan can be used to fund various personal expenses with minimal documentation from the comfort of your home.
All you need to do is:
- Download Fullerton India Personal Loan App and check your loan eligibility and the amount you can borrow
- Fill in the online form for a personal loan
- Upload scanned copies of the necessary documents
- Track your loan request online with the app
- Your loan amount is transferred to your account directly after approval
Now salaried borrowers can avail fast-track loan services at the click of a button. With a maximum loan value of Rs. 25 lakhs, this online loan app ensures that any personal finance emergencies of yours are promptly met. What’s more, you get to choose the loan tenure anywhere between 12 months to 60 months, based on your ability to repay. With interest rates starting from just 11.99%, managing personal expenses for the salaried middle class is now possible.
With the Fullerton India Personal Loan App, borrowers can manage personal expenses in the following ways:
- Obtaining immediate finance for diverse personal emergencies
In situations such as medical emergencies or vehicular accidents, time is of the essence. An online loan is the most feasible option wherein the necessary amount at nominal interest rates and repayment tenure of your choice is disbursed within a short span.
Once the borrower’s necessary details such as their monthly income, credit score, and other pre-existing loans are checked along with the KYC documents submitted, the loan is processed. This loan facility can be availed for any personal expenses as deemed fit by the borrower.
- Following a convenient no-fuss loan application process remotely
In case of accidents or sudden medical ailments, it is impossible to visit financial institutions to procure a personal loan. In such situations, instant loan apps come to the rescue of borrowers. What’s more, once the online application process is complete, one can track their loan request through the Fullerton India Personal Loan App
Selecting your preferred loan tenure based on your financial commitments
Financial commitments come one after another, making loan repayments more complicated. A borrower can choose their loan tenure on instant loan app based on their financial commitments and income profile to handle such situations. A borrower can choose a loan term from 12 months to 60 months.
The borrower can use the online personal loan EMI calculator to ascertain the exact interest payable on various loan tenure. It allows the borrower to work with multiple permutations and combinations to suit their financial capacity. The InstaLoan app from Fullerton India is designed to transform the lending experience and make the entire process hassle-free.