In today's digital landscape, convenience often comes hand in hand with the risk of financial fraud. With identity thieves and scammers lurking in the shadows, it's essential to equip yourself with knowledge to protect your hard-earned money. Understanding Common Financial Frauds: Identity Theft: Criminals steal personal information like Aadhaar or bank details to impersonate you and gain unauthorized access to your finances. Credit Card Fraud: Unauthorized use of your stashfin credit card number for purchases without your consent is a prevalent form of fraud. Phishing: Scammers pose as legitimate organizations, tricking you into revealing personal information through deceptive emails or messages. Investment Fraud: Fraudulent schemes promise high returns but lead to financial losses, such as Ponzi or pyramid schemes. Check Fraud: Scammers use fake or stolen checks to deceive individuals and businesses. Financial Frauds in India: Recent Trends and Impact While there's been a decrease in bank frauds according to RBI data, digital banking and credit card frauds are on the rise. Digital payment frauds, especially in UPI transactions, account for over 55% of all cases, highlighting the prevalence of digital payment fraud. Investment scams remain a threat, with SEBI receiving thousands of complaints related to investment frauds annually. Empowering Yourself Against Financial Fraud: Guard Personal Information: Be cautious about sharing sensitive details online or over the phone. Scrutinize Unsolicited Messages: Treat unknown emails and messages with suspicion. Stay Updated: Regularly update software and operating systems to patch security vulnerabilities. Use Strong Passwords: Implement unique and complex passwords for online accounts. Monitor Statements: Review bank and credit card statements for unauthorized activity and report suspicious transactions immediately. Additional Tips: Shred sensitive documents containing personal information before discarding them. Avoid sharing personal details over the phone unless you initiate the call. Exercise caution when using public Wi-Fi for financial transactions. Consider using credit monitoring services for early detection of suspicious activity on your credit report. In Conclusion Protecting your finances requires vigilance and proactive measures. By staying informed about common financial frauds and adopting recommended protective strategies, you can safeguard your money in the digital age. Remember, knowledge is power when it comes to combating financial fraud in India.
Dealing with debt can be overwhelming, whether it's due to medical bills, overspending, or unexpected expenses. It's crucial to address the issue step by step, even when it feels daunting. Here's a comprehensive guide on how to manage and repay your debts effectively, tailored for the Indian audience. Understanding the Impact of Debt on Your Credit Score: Your debt situation significantly impacts your credit score, which plays a crucial role in your financial life. Missing even a single payment can negatively affect your credit score, making it challenging to secure new loans or credit in the future. Acknowledging your debt problem is the first step towards finding a solution. Strategies to Repay Your Debts Smartly: Prioritize High-Interest Loans: Identify loans with high-interest rates, such as credit card or quick personal loans, and focus on paying them off first. This approach helps minimize overall interest payments and accelerates your debt repayment process. Increase Repayments with Rising Income: As your income increases, consider allocating a higher percentage towards cash loan online repayments. This proactive approach helps you save significantly on interest charges over time. Convert Credit Card Dues into EMIs: If you're struggling to pay off your credit card bills, consider converting the outstanding amount into an easy personal loan with EMI. This option allows you to manage your debt more effectively and avoid exorbitant interest charges. Seek Professional Assistance: If you're unable to manage your debt independently, don't hesitate to seek professional help. Debt management advisors can negotiate with creditors on your behalf, potentially lowering interest rates and restructuring your loans for more manageable repayments. Make Lifestyle Adjustments: Evaluate your spending habits and identify areas where you can cut back to allocate more funds towards debt repayment. Avoid unnecessary expenses like dining out or entertainment activities to expedite your journey towards debt freedom. Explore Debt Consolidation: Consolidating multiple debts into a single instant personal loan can simplify your repayment process and potentially lower your overall interest burden. Debt consolidation loans often offer more favorable terms, making it easier to manage and track your debt obligations. In Conclusion: Managing and repaying debts requires discipline, strategy, and sometimes professional guidance. There's no shame in seeking help to tackle your debt burden effectively. By implementing smart financial practices and making necessary lifestyle adjustments, you can regain control of your finances and work towards a debt-free future. Remember, proactive action today can lead to a more secure and stress-free tomorrow.
Establishing a credit history is crucial for accessing financial opportunities, but it takes time and effort. Here's what you need to know about building credit in India, including how long it takes, how your credit score is calculated, and practical steps to get started on your credit journey. How Long Does It Take to Build Credit in India? Building a credit history in India requires having at least one credit account open and reporting to credit bureaus for a minimum of six months. While credit scores, such as the CIBIL score, may take some time to generate, they play a vital role in your financial journey. Understanding the Credit Score Calculation In India, credit scores, particularly the CIBIL score, are calculated based on various factors, including: Payment history: Timely repayment of credit obligations is crucial for maintaining a positive credit score. Credit utilization: The proportion of your available credit that you utilize affects your score. Keeping credit card balances low relative to the credit limit is advisable. Length of credit history: Longer credit histories tend to have a positive impact on credit scores. Credit mix: A diverse portfolio of credit accounts, such as loans and credit cards, demonstrates your ability to manage different types of credit responsibly. New credit inquiries: Multiple credit inquiries within a short period can negatively impact your credit score. Reasons for Lack of Credit Score Several factors may contribute to not having a credit score in India: Limited credit usage: Young adults and newcomers to the credit system may not have enough credit history to generate a score. Immigrants: Individuals relocating to India may not have their credit history from their home country recognized by Indian credit bureaus. Lack of credit accounts: Individuals who have never availed of credit products or loans may not have a credit score. Recent credit activity: New credit accounts may not reflect on credit reports immediately, delaying the generation of a credit score. Steps to Start Building Credit in India To initiate your credit journey in India, consider the following steps: Apply for a Credit Card: Choose from options such as student credit cards, secured stashfin credit card, or those tailored for individuals with limited credit history. Credit-Builder Loans: These specialized loans can help establish a credit history by making regular payments that are reported to credit bureaus. Authorized User: Becoming an authorized user on someone else's credit card account can help build credit, provided the primary cardholder maintains responsible credit habits. Monitor Your Credit: Regularly review your credit report and score, particularly from CIBIL, to track your progress and address any discrepancies or issues promptly. By taking proactive steps to build credit in India and demonstrating responsible financial behavior, you can establish a solid credit profile over time, unlocking access to a wide range of financial opportunities.
Home insurance is an insurance policy that covers the costs and damage to your home or any insured property. It is a form of property insurance and one of the several types of general insurance products. Home Insurance – Coverage & Exclusions Home insurance is also called homeowner’s insurance. It safeguards your bungalow/apartment/rented flat/owned house/built home against potential risks. It covers the costs of damages due to any unfortunate event. Home insurance can be claimed for damage due to the following causes: - Natural calamities such as windstorms, hails, fire or lightning - Man-made problems like riots, theft, vandalism, or property destruction due to any civil commotion - Damage due to rail or road constructions - Collision of airplanes or any vehicle (not your own) - Explosion or smoke - Coverage offered under Home Insurance Policy - The home insurance policy covers various kinds of damage. For example, damaged electric lines/wires, water pipelines, or structure damage. It also provides coverage for broken windows/doors/floors/walls. Not only the house but also covers for the loss and damage to the contents of the house. It can be broadly divided into four kinds of costs on the insured property as below: - Interior damage costs - Exterior damage expenses - Loss/damage of personal assets/belongings from a house - Coverage for physical injuries that may occur while on the damaged property Home insurance policies may differ in what coverage they provide depending on certain factors. It varies according to the residence type (rented/owned) and size of the residence. Other characteristics like age, place of residence, replacement value, and location as well as the cost of belongings also matter. Your claim history or crime rate in the area can also matter. Finally, it depends on you what kind of coverage you choose. It is your choice about the amount of premium and deductible you are ready to pay. The deductible is the amount you have to pay before making the claim if the premium amount falls short of. When the deductible is high, the premium is less and vice-versa. Exclusions Although home insurance covers both natural and man-made causes, there are few accidents that go uncovered. For instance, there is no coverage for intentional damages, damages due to neglect, war situations, or ‘Acts of God’. These count as exclusions. Listing a few of them below: ‘Acts of God’ include calamities like floods and earthquakes are excluded in a home insurance policy. Some providers may come with additional coverages for these disasters in specific cases or customized policies Damage occurring due to low or zero maintenance and neglect of the property No cover for damage due to termites, rodents, birds, rot, molds Although there can be cover for fire and smoke in some circumstances, it doesn’t cover up smoke arising from industrial or agricultural operations If any damage is done by a home member intentionally or accidentally. For example, a collision with one’s own vehicle will not be covered under a home insurance policy Any destruction to the property under Ordinance of Law or court’s order Damage due to nuclear hazards or war in the country Why should you have a Home Insurance Policy – Benefits You should have a home insurance policy because it covers the financial loss. You may also have to bear the damage to property and its belongings under conditions not controlled by you. The benefits of a home insurance policy are: You can get monetary aid for repair and damage control due to unfortunate events If a third party causes damage, you can claim insurance without getting into a legal rift It is easier to get a mortgage (home loan) for repair/reconstruction/expansion if there is property insurance The costs of loss of home’s belongings and content can also be covered up. Home belongings like appliances, furnishings, furniture, gadgets, or jewelry Coverage is there not only for damages due to accidents or calamities but also due to theft, robbery, or burglary. There are types of home insurance policies that are designed to cater to specific requirements. These policies include Landlord’s Insurance or Tenant insurance. The landlord can claim the landlord’s insurance when the tenant (public liability) does damage. Also, when there is a loss of tenant’s payment (rent) due to other reasons. Similarly, the tenant can get insurance for his/her own belongings in a rented flat How to Claim Home Insurance? In order to claim home insurance money, you may need documents and evidence for the damage. Documents like police FIR/investigation report and statements from fire brigades/authorized organizations/residential society. Also, medical officer’s certificate of death or disability if required. Apart from that, you may need court summons, repair estimates, invoice/proof of owned contents, etc. You have to pay the deductible for making a home insurance claim. The insurance amount you get will depend on the type of policy you have. It depends if your coverage provision will be based on the actual cash value or the replacement value. It is explained further below: Actual cash value gives the present value of a house/house item. It deducts the depreciation from the cost of the item when it was new. Depreciation is the loss of value of an item/property due to the age and condition of the item. Depreciation calculation may depend on the insured item and the insurance provider. Suppose a television set is insured and is damaged/stolen due to robbery. The insurance amount will be the coverage of the cost of the TV based on its reduced value at the time of the claim Replacement value coverage means it will cover the actual cost of the damaged property or an item. It will provide the insurance amount to replace it. Let’s assume the damaged/lost television set is 3 years old and coverage is as per its replacement value. Then, one can claim the insurance amount as the cost of the TV set at the time of its purchase. The insurer shall cover the cost of buying/replacing with a new TV set of similar…
The Loan-to-Value (LTV) ratio is one of the most fundamental metrics in the financial leading sphere. For those who are not aware, it is used to assess risk and determine the terms of Instant Cash Loans Online. Therefore, understanding its operations, estimation methods, underlying principles, and impacts is essential for anyone involved in borrowing or lending money. At Stashfin, we offer personal loans with just a few taps on your smartphone. You can easily download our application from the Play Store or App Store, or visit our official website to explore more. Moreover, we offer such loan facilities without charging any kind of interest on the principal amount. This means that, as a potential borrower, pay back the same amount you borrowed from us initially (T&C apply). Operations of the Loan-to-Value Ratio The operation of the LTV ratio is relatively straightforward, it is calculated by dividing the amount of Small Personal Loans by the appraised value of the asset. The Loan-to-Value ratio is a simple yet powerful tool. It tends to express the relationship between the amount of the loan and the appraised value of the asset that is being financed. It is typically expressed as a percentage and is calculated by dividing the loan amount by the appraised value of the asset. Estimation of Loan-to-Value Ratio When it comes to calculating or estimating this ratio, the appraised asset value is quite a critical component. Lenders typically require an independent appraisal to determine the fair market value. This appraisal factor helps a lot in ensuring that the asset serves as sufficient Instant Cash Online loan collateral. Furthermore, keep in mind that in some cases, lenders may use the purchase price of the asset instead of the appraised value. Principles Guiding Loan-to-Value Ratio Assessment of Risk A higher LTV ratio indicates a greater risk for the lender. This is simply because it suggests that the borrower has less equity in the asset. Also, remember that a lower LTV ratio signifies a lower risk for the lender. Terms and Conditions Lenders out there consider the LTV ratio to determine the overall Credit Line Loan terms and conditions. Potential borrowers who have lower LTV ratios may qualify for more favorable terms, while those with higher ratios may face higher interest rates. Collateral Adequacy Lenders use the LTV ratio to evaluate the adequacy of the collateral securing the personal loan. A lower one implies that the asset provides a stronger buffer against potential losses in the event of default. The Impacts of Loan-to-Value Ratio Lenders They use this feature to assess the overall default of risk and determine appropriate risk management strategies. A well-calibrated LTV ratio helps lenders optimize their loan portfolios and cut down on potential losses. Borrowers For the borrowers, a lower ratio may result in a lower rate of interest, reduced requirements of down payments and access to a wider range of financing options. Market Conditions Changes in the ratio can influence market dynamics. High LTV lending practices can contribute to asset bubbles as well as financial instability in the long run. Conclusion All in all, the LTV ratio is a fundamental metric in the lending sphere, serving as a key determinant of Fast Cash Loan terms. In conclusion, the Loan-to-Value ratio is a fundamental metric in the world of lending, serving as a key determinant of loan terms, risk assessment, and regulatory compliance. By understanding its operations, estimation methods, underlying principles, and impacts, borrowers and lenders can make informed decisions and navigate the complexities of the lending landscape effectively.
The evolution of financial technology or fintech, such as the digitalization of banking and insurance processes, has increased online fraud. Cyber security breaches have become a common occurrence and a cause of concern. Cyber insurance can help you mitigate these cyber-attacks. In India, cyber insurance companies offer cyber insurance coverage for both individuals and corporations. In other words, a cyber insurance policy covers the fees and all legal costs that have to be borne by an individual or an organization facing cyber breaches and if they have been hacked, and also the theft or loss of personal or official information. Covers individual losses With the increased online activities, hackers can target you with ads/ links that carry malware or with phishing emails that threaten to compromise your data security. Insurance companies, thus, have cyber insurance policies to cover your financial losses due to these online frauds. If there is a cyber-attack or hacking of the insured’s bank account, credit card, debit card, or mobile wallet or UPI account by a third party, cyber insurance also provides coverage to mitigate the same. It also covers extortion or ransom losses due to the cyber extortion danger and criminal prosecution costs. Simply put, cyber insurance policies in India cover all types of monetary losses due to e-theft and e-communication. Covers social media hacking costs Alongside covering the costs of dealing with an identity theft case, cyber insurance policies also offer protection against hacking of the insured’s social media by a third party and making claims against the insured. It even covers legal expenses incurred in pursuing legal action against cyber bullies or stalkers. Exclusion Cyber insurance policy does not cover any loss or damage insured by different insurance firms. It also does not cover mechanical failures such as electric disturbance, media failure/breakdown, a digital shutdown of online applications or any malfunction of a similar kind. Cyber insurance will not cover an insured’s fraudulent act or deliberate breach of law or regulations. To Conclude A cyber insurance policy covers your monetary losses and your legal defence expenditure incurred while complying with the legal formalities. Since hackers are coming up with brand new ways of creeping into your online data, which can compromise your security, cyber insurance would be an excellent strategy to stay protected online.
Are you planning to buy the latest smartphone you have been eyeing for a long time? Or do you want to surprise your loved ones with their dream vacation? Well, the days of relying on their siblings or relatives for financial assistance are long gone. EMI Calculator Nowadays, it is the time for a personal loan as it has proven to be quite a convenient financial tool to bridge these needs. However, before you actually dive into such applications, first understanding your Equated Monthly Installment (EMI) is crucial. This is where the Stashfin’s loan EMI calculator steps into the game. What exactly is a loan EMI calculator? How does it work? It is basically a simple tool that helps one estimate the monthly payments that should be done towards a personal loan. These tools, which are pretty trending and valuable, help one with an estimate idea and help a lot in personal financing and budgeting. Here’s how it works: Input Here, at the first stage, you are bound to give three critical pieces of information such as the amount of the loan, rate of interest as well as the tenure. Formula This tool then uses a mathematical formula that considers these inputs to calculate the EMI. It involves the Principal Amount, Rate of Interest as well as number of emi instant loan installments. Calculation Based on the formula, the calculations are done in order to know the EMI amount. It essentially figures out a fixed monthly payment that covers both the principal amount you borrowed and the interest amount accrued on it. Output Lastly, it displays the estimated amount of the EMI along with the total interest payable. After seeing this output, the potential borrower makes the decision. What are the advantages of using such tools? From easy budgeting to transparency, this tool has endless benefits. Easy budgeting Such calculations if done manually can be tedious and error-prone but when you opt for a loan calculator, you are in for a smooth ride. Simply input the desired figures and get an instant EMI estimate within the blink of an eye. Strategic Planning The tenure of your loan significantly influences your EMI amount. Longer tenure can lower your EMIs, but it also spreads the interest cost over a longer period. However, shorter tenure with Stashfin results in no interest amount (t&c apply) but obviously higher EMIs. Transparent Such tools like the Personal Loan Emi Calculator offer complete transparency regarding your loan repayment. It helps you get not just the amount but also the total interest payable over the tenure. Why Stashfin? Along with imparting interest-free loans, we are there for you at each step. Head to our website and faucet on “Calculate EMI” within the header. You also can get this facility on our software, that's easily to be had on the Play Store (Android) and App Store (iPhone). Input all of the required details, like the amount of the mortgage, price of interest, and tenure, and you are precise to go. Stashfin offers interest free loans. This means that you have to pay us back the same amount in the end which you initially borrowed from us. Conclusion These tools have become the need of the hour as aware citizens these days take every step with proper planning. A no cost emi personal loan helps you to assess your affordability and budget accordingly. So, be sure to consider it while finalizing your loan.
Availability of a personal loan is usually a straightforward process for individuals with a stable income, as it provides lenders with a sense of financial stability and safety. However, on the other hand, many out there need to have traditional proof of income, so their journey becomes a bit challenging. Whether you're a freelancer or someone with an irregular income, there is no need to worry, as we are there for you. Stashfin offers quick personal loans without much hassle, and with just a few taps on your smartphone, you are more than good to go. Today, in this blog, we'll dive deep into the strategies on how to apply for a personal loan without conventional income proof. What is a personal loan? What are its advantages? As the name implies, it is a type of unsecured loan offered to individuals for personal use in order to fulfill their personal needs without any hindrance. Unlike secured loans that require collateral, personal loans are granted based on the creditworthiness, income, and the borrower's ability to repay. Versatility Personal loans offer potential borrowers complete flexibility to use the funds for a variety of purposes. Therefore, whether you need to consolidate high-interest debt, cover medical expenses, finance home refurbishment, or plan a family vacation, Stashfin doesn't restrict on how the funds can be utilized. Instant Access Compared to other forms of financing, when you apply for this type of quick personal loans, they often provide quick access to loan amounts. The overall application process is typically streamlined, and we offer accessible online applications with rapid approval times. This instant access makes personal loans attractive for individuals facing time-sensitive opportunities. Consolidation of debt (if required) If you have an ongoing debt, you can easily use this loan for its consolidation. For example, these can be credit card balances or any loan, so these loans can be used to combine these debts into a single, more manageable loan with a potentially lower rate of interest. By doing so, one can reduce the overall interest costs and simplify a lot of things! How Do I Apply for a Personal Loan Without Proof of Income? Credit History In order to qualify for personal loan eligibility without income proof, a strong credit history becomes reasonably necessary. Remember that a score above 750 or even more may be required. (Tip: If your credit history is not compelling, try to use a credit card and repay EMIs on time.) Alternative Income Proof It can be pretty tricky to show regular income proof, especially as a self-employed individual. If it's possible for you, then try to provide bank statements, any proof of rental income, or even tax returns. Apply with a Co-applicant It is quite a good option to have a co-applicant when you are trying to get personal loan online instantly. This is simply because a co-applicant with a steady income and a good credit score will help you get loans on better terms. Why Stashfin? Stashfin offers personal loan in emi with just a few taps on your smartphone. We provide an easy-to-use application on Play Store/App Store for Android and iPhone users respectively or one can easily explore our website. We offer such loans without charging any interest amount on the principal for a stipulated period. What are you waiting for? Get in touch with us today.
Getting ready for the festive period often involves various expenses. Whether embellishing your home, buying gifts, hosting gatherings, or engaging in beloved traditions, the financial demands can quickly add up. Here's where a quick personal loan becomes invaluable. With the ease and speed of online lending, instant personal loans are a crucial resource to ensure your festive celebrations are rich with joy and enduring memories. The potential of instant personal loans allows you to make the most of your festive season, providing the financial flexibility necessary to savor every moment without unnecessary stress or constraints. What is a personal loan? A personal loan, also known as an instant personal loan, enables you to swiftly borrow funds in minutes, addressing various financial needs like medical bills, travel expenses, or shopping. It's an unsecured loan, requiring no collateral, allowing you to utilize the amount freely for any purpose. What is a loan calculator? A loan calculator is a mechanism for predicting monthly payments, interest, and the overall loan cost by considering the loan amount, interest rate, and repayment duration. It aids individuals or businesses in evaluating the financial impact of acquiring a loan before finalizing the borrowing decision. Why go for personal loans? Adaptability A personal loan provides versatile use of funds, allowing borrowers to utilize the money for diverse purposes like consolidating debts, addressing emergencies, home enhancements, education expenses, or other significant costs. Unsecured Nature Unlike several other loan types, personal loans are commonly unsecured, usually not requiring collateral, making them accessible to a broader range of individuals. Stable Payments Typically characterized by fixed interest rates and consistent monthly payments, personal loans enable borrowers to plan their budget more effectively, ensuring a steady repayment throughout the loan duration. Debt Consolidation They offer the opportunity to merge higher-interest debts into a single, more manageable loan, potentially reducing overall interest costs and simplifying the repayment process. Swift Accessibility A quick personal loan often boasts a relatively speedy application process, and upon approval, funds can be swiftly disbursed, aiding in addressing urgent financial needs promptly. Credit Enhancement Regular and punctual payments on a personal loan can positively influence a borrower's credit score, showcasing responsible financial behavior. Competitive Interest Rates Depending on the borrower's credit history and financial status, personal loans occasionally present competitive interest rates, particularly for individuals with good credit. How does a loan calculator help you make an informed decision? Generates EMI figures automatically Before taking out a loan, it's crucial to utilize a loan calculator, as it precisely computes your monthly or quarterly installment, factoring in variables like the principal sum, loan duration, and interest rate. This enables a well-informed decision, aiding in budgeting and financial planning. The insights gained are essential for evaluating borrowing costs and determining affordability. Precision and Efficiency By sidestepping the complexities and tedium of manual calculations, an EMI calculator provides accurate expense projections within seconds, mitigating potential risks. Beyond EMI calculation offers a holistic view of repayment patterns, giving valuable insights into your financial plan and aiding in assessing the commitment you're undertaking. Ease of Use The loan calculator is user-friendly: input your financial specifics, and it swiftly computes the details. This accessibility ensures that individuals without a solid mathematical background can benefit substantially from its functionality. How to apply for a personal loan using Stashfin? Go through the following steps to get a personal loan from Stashfin: Get the app from the Play Store/App Store Sign up using your mobile number Add your details to check your credit limit Complete KYC and you are good to go! Conclusion Personal loan serve as a crucial asset in amplifying the joy and cultural significance of Diwali celebrations. These financial instruments serve as an essential resource for managing the escalated expenses linked with commemorating this auspicious occasion. Whether it involves decorating homes, buying gifts, hosting gatherings, or partaking in beloved customs, personal loans offer the necessary financial backing.
In the current fast-paced and digital world, financial emergencies can strike at any time, leaving many people in need of quick and super-convenient solutions. This is where we step into the game of the financial sphere! Stashfin always has one goal in mind: To ensure that people who are seeking financial aid attain the same in no time. Today, we’ll explore why our quick cash loan is a much better option in the current times and highlight the benefits of the same. What is a quick cash loan? As the term implies, it is a short-term financial aid offering potential borrowers speedy access to small amounts of money. Such loans are characterized by their fast approval process, often within hours or even minutes, and are intended to help individuals address urgent financial expenses. These expenses can include consolidation of debt, urgent medical emergencies, planning a friend/family vacation, etc. Furthermore, this loan type is usually repaid in a short period of time, typically within a few weeks to a few months. What are the advantages of availing it? Instant Access to Funds The first and foremost advantage of a cash loan online is the speed at which we disburse funds to potential borrowers. Here, they can often receive the money within hours, making them ideal for urgent and unexpected expenses. Basic & Minimal Application Process Applying for this type of loan via Stashfin is super easy, with a basic application process that involves minimal paperwork. You can easily visit our website or download the application, as this makes the overall process even more convenient. Flexibility Borrowers can use the funds for any purpose they want without hesitating. These can now include medical bills, apartment/office rent, vacation, etc, or any other kind of unexpected expenses. There are usually no restrictions on how the funds are used, allowing the individuals to address their most pressing financial concerns. Round-the-clock availability We operate in a digital manner and offer round-the-clock service, making it possible to apply for a loan and receive funds even outside the regular banking hours, which is just the old-school way. This is a significant advantage for those facing financial emergencies during non-working days such as weekends, holidays, or late at night! How do you avail of this loan from our loan app? The first and the primary factor we considered while building Stashfin was feasibility. We want all our existing as well as potential consumers not to face any kind of hassle when it comes to financial matters. With just a four-step guide, you can easily avail the loan from our application. Download the app from the Play Store/App Store Sign up using your mobile number Add your personal details to check your credit limit Complete KYC and you are good to go! Follow these four steps to gain financial freedom; you are more than good to go. Conclusion If you are looking to fulfil immediate financial expenses, you must be aware that it is just a few steps away. Grab your smartphone, download our application, and you are more than good to go.