Friday, 8 May 2020

Download Instant Loan App and Fulfill your Financial Needs

Smartphone apps have made availability of almost all products and services convenient. Individuals are not only using these apps to shop but also to pay utility bills, order grocery, and buy medicine.

Financial institutions have also joined this race of digitization and launched various apps to provide better services to their customers. Instant loan apps are helping customers to manage their sudden financial needs in a more smooth and hassle-free way.

Benefits of instant loans

A loan app has an extensive list of benefits, some of which are –
  • Easy application: With the help of online loan apps, borrowers can now check their eligibility criteria and submit the necessary documents. This accelerates the loan application process and saves time. For example, if borrowers provide their Aadhar or PAN, their application can be approved within an hour.
  • Track EMIs: Borrowers can track their instant loan EMIs via these apps. They can check every instalment they have paid till date, and they can also download account statements.
  • Part pre-payment or foreclosure: Individuals can part pre-pay or foreclose their loans via these apps. They can do so via online payment methods like mobile wallet, net banking, credit/debit cards, etc.
  • Check offers: Customers can check various offers available for them via this app. For instance, customers can check if they are eligible for any pre-approved offers on their loan via personal loan apps.
  • Security: These apps completely safe and secure to use. 
  • Customer feedback: Customers can voice their grievances to the company with the help of these apps.
These apps have made the process of loan application smooth and time-saving. Apps like the Bajaj Finserv app are one such example that offer utmost convenience to users.

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