Whenever you have requirement of cash and have multiple expenses apply for an instant loan which has multiple beneficial features
Go through the loan application form
and enter all the
details.
Once the documents get submitted takes
very less time for
approval.
Get the disbursal directly into your linked
account and use
them for expenses.
Here are a few reasons to select choose LoanFlix as your personal loan provider. At LoanFlix, offer customized loans as per customers’ requirements. We try to understand the customer loan requirements and lend responsibly in such a manner where the loan doesn’t become a burden on the borrower.
The beneficial features of an Best Instant Personal loan services always enhance your financial strength especially whenever you have the requirements of cash.
Annual percentage rate (APR) is determined based on your credit score, the amount you wish to borrow and your steady income. Generally, a good CIBIL score calls for a low APR while a poor CIBIL score means high APR. But we have a fixed APR which is the same for all.
APR reflects the true cost of borrowing money. It includes the annual interest rate, a nominal processing fee and other miscellaneous expenses. APR is usually lower than your credit card interest rate. APR is the actual annual cost of your loan that helps you compare various loan offers from different lenders. We have a fixed APR @ 33.6% per annum.
Tenure | Loan Amount | Interest Rate | Admin Fees | Amount disbursed | EMI | Total Interest |
12 Months | Rs.100000 | 2% | Rs.1000 | Rs. 99000 | Rs. 9456 | Rs.13472 |
You must be sure about the eligibility criteria while applying for an Instant Loan online, and it depends on various factors such as income and creditworthiness of the customers, age, nationality and residential status of the customers are also essential, so the factors affecting the eligibility criteria are as follows
To be eligible for our Instant Loan, you must be at least 18 years old and a legal resident or citizen of the country where the loan is offered. You’ll need to provide proof of steady income, whether from employment, self-employment, or other sources, to demonstrate your ability to repay the loan. An active bank account for fund disbursement and repayment is required, along with valid government-issued identification. While we consider your credit score, we are flexible and work with you to find the best solution for your emergency needs.
Documents required for the loan application depend on the types of employment such as self-employed or salaried persons. However, the main documents are the same, especially for the identity and residential status. The income proof can be different. So the documents required for an online Instant Loan are as follows.