You might face financial crunches especially when you are not expecting them. In fact, sometimes past savings are not enough to meet these expenses. In such cases, the person can borrow money with the cash loan app available in the play store. Personal loans borrowed from these instant cash loan apps are easy to apply. The user can borrow money for making large purchases, debt consolidation, meeting unexpected expenses, and many more. These loans can be repaid easily in EMIs over a period of a few months or a few years. The repayment period varies depending on your situation and how careful you are with making repayments.
Benefits Of Getting Cash Loans
- The entire process is easy and digitalized, wherein you are required to provide a few basic information about yourself and provide the document for identity proof, address proof, and income proof.
- The loan application gets approved mainly within the same day.
- The borrower enjoys the quick disbursal after loan approval.
- You can apply for it anywhere, even right from the comfort of your home.
- The borrowed amount can be repaid online in EMI through its mobile app
How to borrow funds with an instant money loan app?
To borrow funds from the instant money loan app, PayMe India is the best app for this purpose. They provide easy loans from Rs. 500 to Rs. 5 lakhs. The entire process of applying for a loan and disbursal is quick and instant. With the paperless and digitized process and at affordable interest rates, the loan gets disbursed into the borrower’s account within the same day. You can download the app from the play store if you are an android user & app store if you are an apple user.
Steps to get money with instant cash loan app
- Step 1: Download app from app store or play store
- Step 2: Register yourself by signing up with your mobile number and Email ID.
- Step 3: Upload documents for identity proof, address proof, and income proof.
- Step 4: After document verification, enter the amount to be borrowed.
- Step 5: And the money will be disbursed into your account the same day.
Eligibility for Instant Cash Loans
If you have decided to get a cash advance loan, it is advisable to take certain eligibility criteria for cash loans.
- Citizenship: The person applying for a loan should be an Indian citizen
- Age: The applicant age must be above 21
- Income: The applicant’s income should be above Rs. 12,000
- For Salaried person: The applicant must provide the salary slip
- For self-employed: The applicant must provide ITR( Income tax return)