Apps For Personal Loans: You can take help of these apps for personal loan
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Apps For Personal Loans: If you have faced any unforeseen expenses related to studies and parents or family are unable to bear this expense, then you can take the help of apps that provide personal loans.
Most of the students in the country depend on their parents for the expenses related to education. This dependency continues till they start a job after completing their studies. There are many students who need financial support from outside due to family circumstances and in this situation the facility of student personal loan proves to be very helpful. If you are one of such students, then through personal apps you can find a way to overcome your problems related to education. Know about these apps in detail…
mpocket
mPocket is an instant loan app that provides loans to both students and professionals in India. With this app, you can get a loan amount of Rs 500 to Rs 30,000 with an interest rate of 1 to 6 percent per month. Three months time is given to repay the loan amount taken from this app. You can easily pay the loan through your debit card, UPI or Paytm wallet. You do not need any guarantor to avail loan from mPocket app. The process of applying for the loan is completely online. Once the loan application is approved, the loan amount is deposited into the applicant’s bank account within 24 hours. mPocket Loan is a great option for those who require instant cash to meet emergencies or unforeseen expenses. The interest rates are relatively low and the loan repayment terms are flexible, making it an affordable and convenient option for many.
CreditB
CreditB is an online platform, from which you can get a personal loan at the rate of 12 percent per annum. With this app, you can take a loan amount of up to Rs 3 lakh. You are given 62 days to 3 months to repay this amount. CreditB personal loan amount is transferred to the applicant’s account instantly (within 15 minutes of loan application approval) and requires minimal documentation. CreditB also offers pre-closure facility on Personal Loans. The maximum processing fee for the loan is 7 percent.
moneylender
With the moneylender loan app, you can easily take a loan from 500 to 5000. The entire loan process is based on the online process. This app is very helpful for students. To take a loan from this app, you must have ID proof, address proof, educational ID card and social account. The interest rate of loan taken from this app is 3 percent per month. You have 30 to 90 days to repay the loan. Moneylender app does not charge any kind of processing fee from the applicant.
big bro
Through this app, you can get loan sitting at home in just 10 minutes. To take a loan from the BadaBro app, you will have to provide some necessary documents such as college ID card or employee ID, marksheet or salary slip, Aadhaar card, PAN card etc. Some eligibility has been set for giving loan through the app, in which the person applying for the loan should be above 18 years of age. The applicant must be an Indian citizen. Applicant should have Paytm Wallet or Bank Account etc. An interest rate of 1 to 6 percent per month is charged for this loan. Apart from the interest, the applicant has to pay a processing fee of Rs 40 to Rs 360 depending on the loan amount.
crazybee
It is a loan app developed by a fintech company, which provides digital loans to users. With Crazybee, you can take a loan from 1500 to 2 lakhs. You are given 12 months to repay the loan. Personal loan from Crazybee is available at 30 percent annual interest, this interest rate can also be less on top of your credit history. The age of the applicant applying for the loan should be between 21 to 55 years. His CIBIL score should not be negative. Aadhaar link mobile number should also be there. Internet banking should also be there along with the savings account. Must have government photo ID.
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