Funds are not just an essential commodity to meet your everyday needs. Today, it can be termed as an enabler that helps you get things done. Be it meeting the expenses of an unforeseen emergency, going on a holiday or purchasing your dream home, you need to have access to adequate finance to reach these financial goals.
Despite meticulous planning, it is possible that you may be in need of additional finance on short notice. To tide over such instances, experts recommend that you always have a readily accessible source of funds to meet any unplanned expenditures in the short term.
That said, there can be situations where you may not have access to your funds immediately or may have fallen short of what you actually need. That is when the instant cash loan enters the scene.
Instant cash loans are a truly modern source of financing your expenses when you run out of cash. It is especially helpful when you need a small amount urgently and don’t have enough time to wait for your salary day. Alternatively, you need a small amount, and are confident that you will be able to repay the loan within a few months (less than a year). Hence, be it paying your rent, utility bills, medical needs or going the extravagant route to upgrading to the latest gadget, it serves all kinds of consumer needs.
Applying for an instant cash loan online is easy, with very little paperwork.
Instant Cash Loans are feature-rich. Hence, the reason for their increasing popularity. Top features include:
Here are a few circumstances under which instant cash loans may not be a suitable option:
If any of the above are true, you can choose to apply for an instant personal loan from Fullerton India.
General eligibility criteria at Fullerton India are as follows:
Please note that your overall eligibility will also depend on your profile and requirements, and other factors such as repayment capacity, credit history, nature of employment, etc. as well as Fullerton India’s policy at the time of loan application.
If you have successfully met the personal loan eligibility requirements, you may proceed to the next stage of the application process.
Fill Out the Application Form: Begin with duly filling out the online application form that is available on the Fullerton India website. Make sure that all the required fields have accurate information to the best of your knowledge. You will also need to share your Aadhaar and PAN numbers at this stage.
Document Submission: The documents required to apply for a personal loan at Fullerton India for salaried individuals is usually minimal and hassle-free. These are as follows:
If you are self-employed, you will need to submit:
Loan Amount Disbursed: Choose your loan amount as you submit your paperwork online. Based on the information provided in the application, if the applicant qualifies for basic in-principal approval, then his/her application will be processed further. After successful verification of all documents and loan approval, the funds are disbursed to your account within a few hours.
Based on your requirement, it is advised to carefully select the right product. Instant cash loans may be a good choice if you need a very small amount which you can easily repay within a few months. Else, a personal loan may be the better choice.