How to Get an Instant Loan of 50,000?
Day-to-day life often brings with it situations where you might need to procure money on an urgent basis. If the situation is related to a loan, whether it be for a shopping spree or a honeymoon trip, small loans can assist you in many ways. Let’s consider a scenario: You wish to buy a car and are falling short of INR 50,000 on the down payment. The first question to pop up in your mind would be how to get an instant loan of 50,000? Short-term personal loans can be of great help in situations like these.
How can you claim these loans? Let us find out.
What are the Features of Instant Personal Loans?
Unsecured personal loans are credited quickly, and take considerably less time to avail. To get instant loans, you must furnish the minimum documentation required by lending platforms like Finnable. Instant personal loans are usually short-term loans, and come with impressive features, like:
- Instant credit of small loans from INR 50,000 to 1,50,000
- Minimum documentation
- A range of EMI options
- Can be availed for weddings, travel, health and more
- Convenient and flexible interest rates and processing charges
While instant personal loans are usually a small amount, it is always a good approach to determine how much money you exactly require to meet your needs. If you already have any ongoing loans, platforms like Finnable help you in adjusting and choosing the best EMI option for you. This helps you in not defaulting on any of your loan payments and maintaining a good credit score for yourself.
Documents Required to Get 50,000 Loan Instantly
Instant personal loans of small amounts like INR 50,000 require minimum documentation. The few that are needed for instant loan approval are:
- Aadhar card / Driving license / PAN card
- Salary slips / form 16, or bank statements for self-employed individuals
- KYC for identity and address proof
How to Apply for a 50,000 Loan Instantly on Finnable?
To avail an instant loan of INR 50,000, all you need to do is download the Finnable app and upload the right set of documents to clear the eligibility criteria The loan amount of INR 50,000 will then be credited into your account within 24 hours.
Download the Finnable app from Apple Store or Google Play Store, and follow these steps to apply for an instant personal loan:
- Log in and complete your profile setup.
- Complete the e-KYC process.
- Upload the requested documents for profile verification and authentication (identity proof, address proof, salary slips/bank statements).
- Choose the loan amount you wish to apply for and confirm if you are eligible for it.
- Apply for the loan.
You don’t have to worry about being self-employed. If you have a monthly income of a minimum of INR 25,000 and can provide the relevant proof, you can avail loans on Finnable starting from INR 50,000 without any collateral.
Upgrade your life!
Apply for a loan at Finnable and live limitlessly