Banking Like Never Before With This Instant Personal Loan Option for Urgent Situations!

Are you a salaried professional looking for instant personal loans with minimum documentation? Then applying with an online lending institution like Clix Capital is the ultimate solution. 

Gone are the days of relying on traditional financial institutions that still follow the offline route with many formalities.

The advantage of online lending institutions is that they offer instant loans for salaried professionals with minimal documentation and faster approvals 24x7.

So, if you are a salaried professional who loves to live life without compromises and believes in fulfilling dreams, personal loans are ideal for you.

Here are some variants of personal loans you can avail of instantly online.

• Debt consolidation loans
• Medical loans
• Education loans
• Home improvement loans
• Vacation loans
• Wedding loans

Based on your requirement, you can avail of any of these loans online from Clix Capital best interest rate and flexible repayment tenures.

Who is a Good Match for Taking an Instant Personal loan?

You must fulfill the basic eligibility criteria when you need personal loans urgently.

1. Are you an Indian citizen?
2. Are you between 21 to 58 years?
3. Is your monthly salary above ₹ 20000?
4. Do you have a minimum of one year of experience with six months in your current job?
5. Do you have a credit score of 630 and above?

If your answer to the above questions is YES, you are eligible for the instant loan for salaried professionals offered by Clix Capital.

Where can I get an urgent personal loan?

Once you've cleared the eligibility criteria, you can apply for an instant personal loan on the Clix Capital website for speedy approval and quicker disbursal.

Applying with new-age lending institutions like Clix Capital is the best approach for getting loans, as everything from applying to verification and approval to disbursal is done online. 

For instance, Clix Capital offers instant personal loans with paperless verification at an Experian credit score of 630. Once approved, the amount gets credited to your account instantly.

The best part is that you can avail of a Loan of up to 10 lakhs with a tenure between 12 to 48 months. Also, these are collateral-free and have no restrictions post-disbursal.

Most importantly, depending upon the borrowed amount, you get the loans at competitive interest rates and low processing fees. You can also enjoy better customer service and lower EMI due to the extended repayment tenure. 

What makes applying for loans online ideal is that you can apply anytime and anywhere from the comfort of your home!

Documents required for those who need personal loans urgently

Once your eligibility matches the loan, you must collect and keep the below documents ready for approval.

• Identity proof
• Address proof
• Income proof
• Passport size photograph

Be a part of something better

Personal loans are best to meet a broad range of expenses as part of your life journey. And as there are many types of Loan options, it's essential to choose and apply for the right instant loan for salaried professionals.

About the Author

Amaira Sharma is a finance expert and former business growth strategist who has more than 8+ years of experience in the industry, now, she helps others to get better financial stability and standards. She loves to write useful tips on personal finance and businesses.

Here Are the Key Things to Know About an Online Personal Loan

The outbreak of the coronavirus and the consequent lockdown affected the Indian economy. People faced various financial hurdles to meet their expenses. Some of these people were left with only the option of borrowing money. 

During this difficult period, some individuals prefer instant personal loans. It is one of the cheapest mediums to borrow money. Also, the interest rates are quite low. 

Personal loans are considered convenient and safe financial resources that can provide you with a backup whenever you face a cash crunch. You did not have to produce any collateral. Also, some of the lenders offer instant approval.

One can take a personal loan to fund any financial application. It comes with zero spending constraints. One should take up a personal loan that suits the need of the hour. These tips can help you with the best kind of financial product.

Select your lender who asks for easy eligibility

If you are looking for urgent financial aid, then you should go for an instant personal loan. To borrow the money, you need to meet the eligibility criteria. But before you indulge in any amount, you must go for proper research.

Compare the rate of interest

Personal loans that come with lower rates of interest attract a lot of customers. But you need to compare various financial institutions for the lowest rate of interest. 

Some factors directly impact your loan amount, including the repayment ability and your credit history. Based on these factors, you must set your rate of interest. 

Make sure that you look for the interest rate with the help of a rate of interest calculator. Besides, you should choose a lender who charges interest based on reducing the balance method.

Research about the fees and the additional charges

One needs to have complete knowledge about the various additional charges that come along with dispersal. Generally, the lender can charge processing fees with the instant personal loan. 

Some of these lenders can even charge administrative charges. You must understand that these charges are non-refundable. Hence you should choose a lender who offers a low rate of interest. 

In addition to that, one must consider various charges, including penal interest, processing fees, security fees, and bounce charges.

Look for a flexible repayment period

The borrower must look for flexible repayment tenure to have the best boring experience. If you have flexible tenure, then your equated monthly installment would spread over the convenient period. It can help you to repay the loan amount accordingly. 

It also reduces the defaults chances. One must also compare their prepayment charges if they plan to settle down the amount of loan early.

EMI calculations and credit scores are equally important

One must understand the process to calculate the EMI. Individuals can also take the help of an Online Personal Loan EMI Calculator to ascertain the interest rate. 

It can help them to pick up the best personal loan. It will ensure that you need not have to pay any amount more than the required amount. 

Most borrowers tend to pay an additional charge while looking forward to the payment of advance EMI.

Apart from these facts, one must consider the online process as the smoothest process. If the customer does not have the digital version of their employment proof or income proof, they can scan the documents and upload the scanned picture. 

However, with these facts in mind, you can borrow money without any problem.