Gone are the days when you had to visit a financial institution to avail of a Personal Loan. Today, you can avail of a Personal Loan without visiting any lending institution with minimum or no documentation required. The entire process can be done online with instant approval in minimum time.
Technology and tools have been developed to enable customers to secure Personal Loans via lending institutions’ websites or online loan apps. With a simple registration and personal details, you can perform the eligibility check and get a loan approval without visiting a lending institution. This article covers three ways you can avail of an instant Personal Loan without physically visiting any lending institution.
Ways to acquire a Personal Loan without visiting a bank
The simplest way to apply for a Personal Loan is via the lender’s website. You can access the website from a laptop, desktop or smartphone with an internet connection. Once you go to the lender’s website, get information about all types of loans offered by the lender. Choose the Personal Loan that suits your needs and fill out the loan application form on the website. Enter the essential details, submit documents if needed, and the personal loan app application will be processed instantly.
2. Through the lender’s customer support
If you need help with an application for a Personal Loan but are unable to physically visit a branch, you can get in touch with the lender’s customer support team. Once you pick your lender, you can contact their customer support representative via the website, chat, email or mobile app. The customer support team will guide you in every step of securing the loan, making the process smoother and hassle-free.
3. Via online loan apps
The third and best way to apply for a Personal Loan without visiting an NBFC branch is via online loan apps. There are several loan apps in India offered by lending institutions that work on Android and iOS devices. Here are the steps to apply for a Personal Loan via an online loan app:
- Install the Personal Loan app on your smartphone from Play Store or App Store
- Register with your email id or mobile number and secure this with the OTP.
- Enter your personal and professional details.
- Complete your KYC details by entering your Aadhar card, PAN card and other valid documents.
- Once your documents are verified, your loan amount will be directly credited to your bank account.
What’s more, you can use an EMI calculator to know the loan EMI payments before applying.
Conclusion
Instant Personal Loans can be availed through several lenders’ websites or online loan apps without visiting the branch. You can get all details about the loan online and contact customer service for any assistance in the process. Make sure that you read the fine print of the application to avoid any surprises later.
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