Step By Step Guide: How to Get an Instant Personal Loan During the Lockdown
As you go through this post, the entire world is going through difficult and unprecedented times.
More than half of the world population is currently under the lockdown, and India is not an exception. The lockdown 4.0 has started here, which will run till 31 May 2020.
If you are facing a shortage of funds and have a robust cibil score, then you can apply for a digital personal loan.
An instant personal loan can provide you with a higher loan amount with easy to meet eligibility terms.
But what how can you apply for the personal loan when there is a lockdown?
You don’t need to worry; you can go for this facility by applying online on a lender’s website. Read on and know more!
Must Read: 6 Ways to Get Personal Loan at Lower Interest Rates
What steps to follow to apply for an instant personal loan?
Step 1 — Land on the website of the lender and look for the ‘Apply Now’ button on the personal loan page.
Step 2 — You will need to fill personal, financial and income details in the application form.
Step 3 — Enter the loan amount and the tenor that you wish to go for.
Step 4 — Now, the representative of the lender will get in touch with you to collect your personal loan documents.
Step 5 — You will now receive the loan amount in your bank account after 24 hours of the loan approval.
You are now aware of the easiest steps that you can go for if you wish to apply for a 100% digital personal loan in 2 clicks.
From application to loan approval to disbursement to repayment — everything is online, and you don’t need to step out during the lockdown!
