Get a Personal Loan in Just 15 Minutes: Here’s How
Are you concerned about how to get a personal loan instantly for your emergency expenses? If you are tired of heavy documentation and need a personal loan with a hassle-free application process, it’s time to explore what KreditBee has to offer. In an emergency, every minute counts and getting an instant personal loan is the need of the hour. As an applicant, you need to download the KreditBee app so that you can get instant loans starting from Rs. 10,000 up to Rs. 3 Lakh. It is one of the fastest methods to get a personal loan online in India. Many personal loan companies such as KreditBee have come up with mobile apps offering instant loans or salary advances in the form of Personal Loans for Salaried. Keep reading to find out all you need to know about instant personal loans and how you can get one in no more than 15 minutes.
Eligibility Criteria for an Instant Personal Loan
The eligibility criteria to avail an instant personal loan is calculated using your customer profile. You are asked to sign up on KreditBee using your Facebook or Google credentials, and confirm your name, contact number, and email ID. This will prompt the system to determine your loan eligibility by providing it with various data points. Further, you will have to upload all the necessary KYC documents (including your Aadhaar and PAN card) so as to start with the process.
Moreover, your Aadhar card must be linked to the contact number you have used while registering on the app. As soon as you upload your Aadhar details on KreditBee, an OTP will be sent to the linked contact number so as to validate your identification. This is an important step to confirm your eligibility for availing a personal loan. KreditBee also requires your basic employment details, salary slips, and bank account statements.
The Process to Avail a Personal Loan in 10 Minutes
The whole process of getting the loan amount through KreditBee involves five steps:
Account Registration:
Register or sign-up using your Facebook or Google account. Post registration, create your profile by entering more details such as your full name, contact number, and email ID.
Eligibility Check:
This is the most crucial step as your eligibility gets determined by these details. They include your PAN and basic details such as your date of birth, monthly take-home salary, and PIN code.
In this step, you upload your Identity and Address Proof documents and provide all the required information such as your present and permanent address, marital status, and reference details.
KYC:
Bank Transaction Details:
You then provide your bank account details in which you want to receive the loan amount.
Receiving the Amount:
This is the last step in which you get your loan amount in your bank account and start repaying it in order to get a higher credit score.
Wrap Up
Whether you are looking at a pile of unpaid bills or need some cash infusion to finance an unforeseen expense, with KreditBee, you can get a personal loan for all your requirements in less than 10 minutes. To avail your instant personal loan, download the app today. If you have any questions or wish to learn more about instant personal loans, fill out our contact form and we will take it from there.