Are you in any emergency cash crisis and in need of an instant cash loan in 1 hour without documents? With Navi you can now get instant cash loans up to ₹20 lakh with minimal documents at attractive interest rates and flexible EMI options.
Know all the details about instant cash loans in 1 hour without documents. Keep reading!
Get an instant cash loan in an hour without documents anytime, anywhere to meet any sudden financial urgency. Check out the details here:
Interest Rate | 9.9% p.a.* onwards |
Loan Amount | Up to ₹20 Lakh |
Loan Tenure | Up to 72 months |
Processing Fee | Depends on the lender |
*Note that the interest rate and other details are subject to change at the lender’s discretion
Here are some of the features and benefits of instant cash loans:
Most instant cash loan providers follow an app-based loan application to disbursal process. This completely eliminates the need for paperwork.
Just download the app, enter a few basic details, apply and you will get the desired loan amount disbursed to your account within minutes.
Enjoy competitive interest rates with fast cash loans. However, the final rate offered depends on your eligibility and could vary from lender to lender.
Enjoy flexible repayment tenures of up to 72 months. Choose your preferred tenure and repay the loan at your convenience.
Gone are the days when you had to submit a bag full of documents. Lenders like Navi ask for minimal documents – PAN or Aadhaar to process your loan.
Instant cash loans are unsecured, which means, you do not have to pledge collateral. However, you have to be eligible to qualify for this loan. Here’s a quick list of eligibility criteria:
Given below are the steps to apply for an instant cash loan without documents from Navi:
Salaried | Self-employed | |
Identity Proof | PAN, Aadhaar, driving license, Voter ID, etc. | PAN, Aadhaar, driving license, Voter ID, etc. |
Address Proof | Aadhaar, driving license, ration card, etc. | Aadhaar, driving license, ration card, Registered office/business address proof, etc. |
Income Proof | Last 3 months’ salary slip | Last 6 months’ bank account statements |
However, if you’re applying for an instant cash loan through the Navi app, you just have to show your PAN and Aadhaar to complete your KYC. If your personal details are correct, the eligible amount could be disbursed within a few minutes directly into your account.
The interest rate on an instant cash loan in 1 hour depends on various factors such as your CIBIL score, monthly income, rapport with the lender and default history. Maintain a good CIBIL score of a minimum of 750 and avoid defaulting on existing loan repayments to be eligible for attractive interest rates. You must also have a steady source of income, whether salaried or self-employed as it helps the lenders trust your loan repayment capacity. Also, if you are an existing customer of the lender or have a good credit history, loans are offered at a comparatively lower interest rate.
Loan Amount
Rate of Interest (P.a)
%
Loan Tenure (Months)
Monthly EMI
0
Total Interest
Total Amount
Instant Cash loan in 1 hour without documents can aid your financial requirements during an emergency. You can use such loans to fund your wedding, travelling, pay medical bills, etc. Make sure to maintain a good credit history and CIBIL score to be eligible. You can apply on the website or on loan apps. However, make sure that you are providing all the correct details to the lender to reduce the chances of loan rejection.
It’s easy to get an instant loan in 5 minutes. Just go to the lender’s website or download the loan app. Register using your mobile number, enter your personal details and KYC information, link your bank account and set up auto-debit. If you are eligible, you will receive the loan amount instantly.
To get a loan, you must get through KYC verification. Just enter your PAN and/or aadhaar card details for quick verification.
Thanks to the digital age, you do not need bank statements or salary slips to get an instant cash loan in 1 hour without documents. All you need is your PAN and/or aadhaar details.
Your credit score reflects your creditworthiness. If your credit score is below 600, either your loan application would be rejected or you have to pay a heavy interest against your loan.
Yes, you can certainly prepay your loan before the scheduled tenure. However, you need to check with your lender if you have to pay loan foreclosure charges. Usually, lenders don’t charge prepayment fees for floating-rate loans.
You can repay your loan in easy EMIs or Equated Monthly Instalments. Use an online cash loan EMI calculator to check your repayment obligations. Also, to avoid any hassle, set up an auto-debit so that every month your EMI amount gets auto-debited from your account on the due date. However, ensure that you have sufficient balance in your account so as not to miss your monthly repayment obligations.
If you fail to pay your EMI multiple times, the lender might levy a penalty fee. Other than that, it could put a dent in your credit score as well. This could hamper your chances of getting any line of credit in the future.
You can get an urgent cash loan without documents. For instance, with Navi, you would need a PAN and Aadhaar Card to complete your loan application. You don’t need to submit any other proof like bank statements, salary slips, etc., to get an instant cash loan from Navi.
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