The coastal city Chennai is the capital of the southern state of Tamil Nadu, and is one of the most thriving metro cities in the country. Some of the top banks and other private organisations have their headquarters in Chennai. It has been a corporate hub for many years now.
Financial emergencies come unannounced. Your savings and investments might not be sufficient all the time. To keep up with the high standard of living and the fast-paced life of Chennai, you can always apply for an emergency cash loan in Chennai. This is an efficient way to get a short term loan to meet your financial emergency.
Instant cash personal loans in Chennai is a simple loan that gives you access to money in your bank account instantly. You can use this money for multiple purposes. From rental to educational expenses, instant cash personal loans can be used for numerous purposes. It can be used for medical treatment of your family members, vacation, marriage or simply buying an expensive gadget.
One of the simplest ways to get an instant personal loan in Chennai is through the Navi App. You need to download the Navi app, check your eligibility instantly and avail a Chennai loan within minutes for your financial needs.
Navi being a highly rated instant cash loan provider (4.4-star rating in Google Play Store, December 2020), is best suited for your loan requirements in Chennai. The process of applying for personal loans through the Navi App is very simple as the eligibility check, KYC as well as getting the money credited to your bank account happens within a few minutes. Just follow the simple steps to avail of instant cash personal loans in Chennai from Navi. The steps are as follows:
After the KYC is completed, you need to link your bank account details on the Navi App and your loan amount would get instantly credited to your bank account.
Here is a comprehensive guide regarding the important features and benefits of availing loan services in Chennai through Navi:
The online loan EMI calculators will show the net EMI amount payable every month. You can easily change the loan amount and the tenure to assess the best affordable EMI rate as per your disposable income.
Usually, there is an eligibility requirement that you need to fulfil for availing of private cash loans in Chennai from a private loan provider. However, since Navi follows a technology-driven model, there are no specific criteria for availing of Navi’s instant cash personal loans. It simply checks the details you have entered and based on its technology-driven criteria, it approves the loan.
You need to fulfil certain nominal parameters by a private financer in Chennai in order to get access to instant personal loans:
|Age criterion||The minimum age limit to apply for a personal loan in Chennai is 18 years while the maximum is 65 years. For some financers, the minimum age limit can be raised to 21-25 years|
|Occupation criterion||You should either be a salaried employee or a self-employed individual to avail of the loan facility.|
|Income criterion||Depending on the specifications of the finance in Chennai you should be earning the necessary amount to avail of the loan facility. The income levels vary for money lenders in Chennai for approving the loan application.|
|Credit score||The minimum credit score should be 650+|
Most loan providers have a list of documents that need to be submitted to avail of urgent cash loans in Chennai. However, if you apply through the Navi App, you can avail of an instant cash personal loan through your mobile phone only along with your Aadhaar Number and PAN Card number. There is no requirement for you to upload any documents while applying for an instant cash loan in Chennai. All that you are required to do is to enter the relevant numbers to validate and then proceed.
The list of documents that most private financiers would need are:
The Aadhar and the PAN Card usually suffice as identity proof, age proof as well as address proof in order to avail of an instant cash personal loan in Chennai.
To apply for an instant cash personal loan from anywhere in India, you can simply download the Navi App to do so. There is no specific requirement for you to be in Chennai to avail of an instant cash personal loan in Chennai. All that you need to do is furnish details of your PAN and Aadhar card number along with your mobile number and a selfie to apply for a personal loan through Navi. After the loan is digitally verified by Navi’s technology-based app, the loan would be processed and the money would get credited into your bank account in Chennai. This can however be done from anywhere in India.
So, if you require the best instant cash personal loans in Chennai, you can get the best deals in Navi. Simply download the Navi app and access the instant loan facilities to fulfil your financial requirements.
Ans: The loan repayment tenure differs from lender to lender. However, Navi offers a tenure of up to 36 months for you to repay the loan.
Ans: Personal loans are multi-purpose loans and can be used for a variety of purposes including house renovation.
Ans: The loan is repaid through EMI. You need to repay the relevant instalment each month for a period of up to 36 months, as selected by you.
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