Bangalore is a buzzing metropolis and a hub of the Indian IT industry. Being a metropolis the city has a fast and expensive life with a high standard of living. While you can live comfortably, when a financial emergency strikes, you might need additional funds to tide over such emergencies. This is where instant cash loans come into the picture.
Instant cash loans are nothing but cash loans in Bangalore which allow you instant funds for your financial needs. You can avail of cash loans in Bangalore for any financial obligation that you might have such as meeting a medical emergency, planning a trip, planning a wedding, sudden financial needs, etc. Cash loans in Bangalore are unsecured loans that can be availed instantly simply based on your financial standing.
You can avail cash loans in Bangalore through Navi. Download the Navi app and get started.
|Loan Amount||Up to ₹20 Lakh|
|Interest Rate||9.9% to 45% p.a|
|Tenure||Up to 72 months|
Navi offers instant Personal loan in 5 minutes in Bangalore through its mobile app. The steps to apply for immediate cash loans in Bangalore through Navi are as follows:
-Your full name as mentioned on the PAN Card
-Your completed age
-Your marital status
-Your PIN Code
-Your employment details
-Your income level
-Your PAN Card number
Let’s study the features of the instant cash loan in Bangalore and the benefits that you can avail of by applying through Navi:
To avail of a loan from a financier in Bangalore, here are some eligibility parameters which you would need to fulfil:
|Age criterion||The minimum and maximum ages for applying for an instant loan in Bangalore are 18 years and 65 years respectively. For some lenders, the age bracket might change and the minimum age limit can be increased to 21 to 25 years|
|Occupation criterion||You should be a salaried employee or a self-employed individual to avail the loan|
|Income criterion||You should have a minimum income, as specified by the lender, to apply for cash loans in Bangalore. The minimum income level varies across lenders and you should check it when applying for the loan|
|Credit score range||Your credit score for a cash loan should be at least 650 and above|
However, the key aspect to be noted here is that Navi follows a technology-driven model to approve loans and there are no fixed criteria to approve loans.
Rate of Interest (P.a)
Loan Tenure (Years)
To avail Bangalore loan, the following documents would have to be submitted –
Usually, you can submit your Aadhaar card and PAN Card which serve as identity, age and address proofs.
However, in the case of Navi, an instant cash loan in Bangalore can be availed through your smartphone only with your Aadhaar and PAN card. No hassle with going through the scanning and uploading the documents. Just enter the number, validate and go ahead!
To apply for an instant cash loan all you need is the Navi App. You can download the Navi app on your Smartphone and apply for a loan from anywhere in India. So, whether you stay in Bangalore or anywhere else in India, you can apply for an instant cash loan with some simple taps of your mobile phone screen.
Provide your details such as your name, age and occupation, PAN number and Aadhar number, click a selfie in the application itself and instantly submit your loan application. The credit team would instantly review your CIBIL score at the back to process your loan. Once your loan is approved, the funds would be transferred within minutes to your bank account, so that you can easily fulfil your financial needs. The entire process would take about 10-20 minutes only!
So, if you need the best cash loans in Bangalore, you can get the best deals with Navi. Download the Navi app and get instant loans for your financial needs.
Ans: The loan repayment tenure depends on the lender. If you choose Navi, you get repayment tenures of up to 36 months to repay the cash loan that you have availed yourself.
Ans: Yes, you can avail of an instant cash loan in Bangalore for your child’s education because the loan is a multi-purpose loan that can be used for any financial needs that you have.
Ans: Cash loans in Bangalore are repaid in the form of Equated Monthly Instalments (EMIs). You have to pay the instalment every month over the chosen repayment tenure. This instalment contains both the interest and the principal loan amount.
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