Tag Archives: Personal Loan

Nowadays, availing of a personal loan has become a common practice for individuals to gain access to easy funds. Since the onset of technology, getting such a loan has been relatively easy if you are on the right track.  But, the fact is that one needs to ensure their safety as well because nowadays, many loan scams are being reported. Well, if technology has its pros, it has its cons as well. So, to avoid falling for such scams, it is vital to be aware of the red flags and take the necessary steps for protection.  What are personal loans? As the name implies, it is a type of loan that is usually availed by individuals in order to fulfill their personal needs. These needs can include the renovation of their abode, a vacation with their family or even for an event etc. Well, the list goes on. Furthermore, this is an unsecured loan, which basically means that the borrower does not have to put up any assets as collateral to get the loan. So, it is entirely opposite to a car or home loan, as they are secured by collateral.  Nowadays, there is no need to visit a bank or financial institution to avail this loan, as it can easily be done from the comfort of your home. Download the right application, and you are more than good to go. How to avoid personal loan scams? Not only these scams, but one should be vigilant to protect themselves from any financial scam. Nowadays, cybercriminals have become much more active, and they have come up with several types of techniques to loot people's hard-earned money. Research Before just going for this loan, ensure that you do your groundwork. You don't apply for the same, knowing that the process is easy and offers easy money. This can lead you into trouble. Instead, check the lender's website, ratings and reviews to make sure you are on the right track. Therefore, if you notice any kind of red flags, it's best to take a step back. Avoid Paying Upfront Fees Being a borrower for an online personal loan, remember that you are not bound to pay any upfront fees. So, if a lender asks you to pay a fee before approving the loan, it's likely a scam. These criminals often use these fees to steal money, so be aware of any lender who asks you for such a payment.  Go through the loan agreement Often we tend to avoid the terms and conditions whenever we witness them. Well, many don't know its importance. The scammers out there tend to hide unfavourable terms in the fine print and may include clauses that allow them to change the rate of interest or even impose additional fees at any time. So, if you think the terms and conditions don't suit you, don't sign them.  Unsolicited Emails/Calls Being an aware citizen, it is your moral responsibility to be cautious of unsolicited emails or calls from lenders offering personal loans. Keep in mind that they may be cybercriminals posing as legitimate lenders. The authentic ones don't contact anyone out of the blue, so if you receive such communication, it's best to ignore it and be safe on your side.  Conclusion Be it small personal loans or large ones, you, as an individual, need to ensure you don't fall for scams. But on the other hand, if you are an aware citizen and know what's happening around you, such scams are preventable. So, keep the factors mentioned above in mind and get access to personal loans easily. 

There are times when people require instant funds without any hassle. It can be due to any medical emergency, purchasing any essential electronic appliance or renovating your abode.  In the current era, one of the top reasons people go for personal loan is a medical emergency. As the cost of medical facilities is increasing with time, even those who are equipped with health insurance face a tough time paying the bills. However, there are certain other requirements to avail a loan.  What is a personal loan ? As the name implies, it is a type of loan that, in simple terms, is used for an individual’s personal purposes. It is granted to a borrower for a variety of personal needs which might include covering unexpected expenses, financing home renovation or purchasing any expensive electronics.  Further, this type of loan cannot be compared to a house or car loan. This is because these are secured loans that require collateral, whereas this type of loan is unsecured and offered based on the borrower’s creditworthiness and ability to repay.  It is pertinent to mention here that these loans come with a fixed rate of interest, a set tenure and fixed monthly payments. The amount an individual can borrow here depends on their creditworthiness and the lender’s policies.  Top 5 reasons to get personal loan? Minimal and Hassle-free documentation One of the most significant loan benefits here is minimal documentation. If you apply online, the documentation is entirely digital and paperless. So, it’s just about downloading the right application on your smartphone.  Flexible tenure An Instant Personal Loan nowadays offers a flexible repayment schedule. It starts from 12 months and can go up to many years. Therefore, one can gain access to this type of loan easily without worrying about repayment.  (Tip: Choose a tenure that lets you optimize your monthly outgo as per your needs.)  No collateral required As mentioned above, these are unsecured loans, so the borrower need not provide any collateral as security. This element makes them accessible to everyone who has a regular income source.  Easy online process The days when a loan meant a short trip to the financial institution. Nowadays, it is just about an application on your internet-enabled smartphone that makes everything much easier with just a few taps.  Instant Disbursal The Best Personal Loan in India is usually disbursed within 24-72 hours. Therefore, they are one of the best financial products for meeting urgent cash requirements. However, keep in mind that first, you should meet the eligibility criteria and have a good credit score to get access to the loan quickly.    Conclusion As per several stats, the requirement for an instant personal loan has witnessed a recent surge in our country. This is because people require instant funds without any hassle to fulfil their requirements. So now you are aware of the most common type of loan to consider if you find yourself in a situation where you need additional finances to accomplish a short- or long-term personal goal.    

Why get a personal loan at 0% interest for up to 30 days from Stashfin? Getting 0% interest for up to 30 days is now possible with Stashfin Credit Line and Loans App. This is a money saving feature from Stashfin which will help users take a loan especially for their urgent needs without worrying about paying extra amount while repaying it. Want to buy that television on end of the season sale but waiting for your salary to get credited? Want to travel during year-end holidays but falling short of money? Want to buy that newly launched phone but afraid of spending all your money? Or if there is an urgent house repair work and you want to get it done without wait. Simply get a personal loan up to a limit of ₹ 5,00,000 and be worry-free for up to 30 days with 0% interest on the amount utilized. How can you get a personal loan from Stashfin at 0% interest rate? Taking a loan from Stashfin is as easy as a few clicks. Download Stashfin Credit Line and Loans App from either App Store or Play Store at the comfort of your home or wherever you are. Follow an easy guided few step process to complete your application. The application process takes about 5 minutes. Post completion you get instant loan approvals and a credit line based on your eligibility. You can transfer funds instantly to your bank account and use money immediately for whatever need you may have. Be assured that you can avail 0% interest for up to 30 days on the amount you transfer. Post this period you pay interest only on the amount you’ve utilized. What is the eligibility criteria to get a personal loan on Stashfin App? For getting a personal loan on Stashfin App, you should match the following eligibility criteria. You should be an Indian Citizen You must be above the age of 18 years. You must have a source of income (either salaried or self-employed) What are the documents to be kept ready before applying on Stashfin Loans App? You must keep the below documents ready for a hassle-free 5 minutes loan application process at Stashfin. Aadhar Card PAN Card In some cases, you may be asked for the following documents Bank Statement of Salary Account Past 6 months’ Salary Slip What happens if you exceed the 0% interest period? If you are unable to repay the loan taken from Stashfin within the stipulated period of 0% interest rate, you may repay your loan with convenient EMIs. Pick a tenure that works for you ranging from 3 months to 36 months.

Instant Personal Loan Apps these days can offer you quick approvals, instant fund transfers to your bank accounts, attractive loan rates, easy EMIs, and the convenience of flexible tenures ranging from 3 to 36 months. You can also choose the amount you want with a range of Rs. 1000 to Rs. 5 lac and pay as per use with apps such as Stashfin that offer you the benefit of the credit line. A Credit Line has its benefits as you pay for the amount you utilize or transfer to a bank account while you have an approved limit of up to Rs. 5 lac which you have the flexibility to transfer as per requirements. You also get the benefit of zero pre-closure charges, exclusive rewards and an opportunity to use the funds across your needs be it travel, shopping, dining, purchasing gadgets, phones, television, air purifier, heaters, education, wedding, and any other requirement. Therefore, if you are looking for quick cash and small to large loans, Stashfin Credit Line and Instant Personal Loan is definitely one of the best loans available. With more opportunities and lifestyle requirements of consumers in India, 2023 seems to be a promising year for aspiring for a better lifestyle. This is where Instant personal loan apps can help you achieve your dreams. There are many ways to get instant personal loans at affordable rates and get the right credit limit. Here are a few quick tips for you to get the best instant personal loan rates in 2023. Improving your credit score Lenders usually leverage credit scores to determine personal loan rates. Lower interest rates are reserved for applicants who have a good credit score. For example, users with greater than 750 are more likely to get lower interest rates vs users lesser than 650. Hence it’s beneficial to maintain a good credit score. Here are some of the things that can have a positive effect on the credit score Make timely payments for your credit card bills, past loans, BNPL apps, or any other obligations Check your credit reports often and check if all loans paid off are reflected in your credit report. Clear your pending debts and maintain healthy financial health. Compare loan rates and choose wisely only from RBI-regulated entities User personal loan EMI calculator at various website/loan apps before taking a loan from such apps to check what’s the average loan tenure, and rates available according to the credit limit. This will help you make the decision in the best possible way. Only use RBI-regulated entities such as Stashfin as they are more likely to offer you the right interest rates based on your profile. Keep a track of offers and rewards from the fintech apps Very often, instant personal loan apps such as Stashfin come up with exclusive offers such as higher rewards, lower processing fees, higher credit limits, and other exclusive offerings. Increase your income levels Higher-income levels can also help you get a bigger credit limit and lower interest rates. So it helps to be associated with professional companies where you work that are Category A and B to get you better rates. It’s also a great idea these days to have a side hustle or develop more skills to get you a higher income than your regular jobs. These tips can definitely help you get the best instant personal loan interest rates in 2023. We also recommend you check out Stashfin App for loan requirements. Enjoy the power of instant money with Stashfin – one of India’s fastest, easiest, safest, and smartest Credit Line and Instant Personal Loan Apps. Stashfin is powered by Akara Capital Advisors Private Limited, an NBFC duly registered with the Reserve Bank of India (RBI). With its quick and easy application process, Stashfin lets you enjoy a credit line of up to ₹5,00,000 at low-interest rates and flexible repayment plans that are best suited to your needs. Credit lines ranging from ₹1,000 to ₹5,00,000 straight to your bank account Pay interest only on the amount you utilize. Repayment period: 3 to 36 months Minimum documentation, instant approval, and quick disbursal How does Stashfin Work? Download the Stashfin App and register Fill in your details and upload verification documents Once verified the final application status can be checked on the App. You will also be notified of your approval status via SMS. Once approved, E-sign the loan agreement, and the approved amount will be disbursed to you within 5 minutes. SMS notification will be sent to your registered number notifying the same Eligibility Criteria Indian Citizen Above the age of 18 Must have a source of income (either salaried or self-employed) Documents Required Address Proof (any one of Aadhaar Card/Voter ID/Passport/Driving License) Identity Proof (PAN ID) In some cases, you may be asked for the following documents – Bank Statement – ITR/ GST Paper Operational pan India Delhi NCR (Delhi, New Delhi, Noida, Greater Noida, Faridabad, Ghaziabad, Gurgaon), Mumbai, Thane, Pune, Hyderabad, Chennai, Bangalore, Indore, Chandigarh, Panchkula, Pithampur, Bhiwandi, Zirakpur, Kharar, Coimbatore, Kolkata, Allahabad, Udaipur, Jaipur, Lucknow, Prayagraj, Kanpur, Bhopal, Shimla, Haridwar, Ranchi, Ahmedabad, Mangalore, and more. To apply for a Stashfin loan, you can download the app here Stashfin – Credit Line & Funds – Apps on Google Play or here Stashfin iOS App or apply on the website Stashfin

The biggest extravaganza in the world is here with the FIFA World Cup 2022 in Qatar. Some of the biggest names are going to be competing this year including Kylian Mbappe and Karim Benzema from France, Kevin De Bruyne from Belgium, Lionel Messi from Argentina, Robert Lewandowski from Poland, Neymar and Vinicius Junior from Brazil, Harry Kane from England, Virgil van Dijk from the Netherlands, Christiano Ronaldo from Portugal and many other exciting players. The draw at this world cup promises to be very entertaining with matches such as Spain vs Germany in Group E, Portugal vs Uruguay in Group H, Belgium vs Croatia in Group F, Argentina vs Poland in Group C, England vs USA in Group B, France vs Denmark in Group D, Argentina vs Mexico in Group C and many other clashes among the 32 top teams that will be competing. Apart from the FIFA World Cup, there are many more things you can do in Qatar while traveling Visit Souq Waqif Explore the Museum of Islamic Art Shop at various shopping malls such as Villagio Explore the biggest park in Qatar - Al Khor Park Beaches at Purple Island Culture and city tours of places such as Doha Given the once-in-a-lifetime opportunity to witness a truly global event, many of us dream about being there in Qatar during the World Cup matches. It’s not always possible to make this dream come true given the expenses associated with such an event. This is where customers can leverage digital lending apps like Stashfin to fund their dreams with a unique product - Stashfin Credit Line and Instant Personal Loans. Here are the top reasons to use Stashfin App to get Instant personal loans and a comparison to make your choice easier Compare Disbursal Time, Interest & other details and choose the best Instant Personal Loan Stashfin Personal Loan Bank Disbursal Time Same Day 2-3 Day 6-8 Day Interest Rates 11.99% onwards 25-265% Starting From 11.99% Processing Fees Low >1% >1% Prepayment Fees No Extra Fees High High Why choose Stashfin? For us, you come first. We provide you with instant service at reasonable rates while saving your valuable time and money Quick Approvals Instant approvals on a personal loan or credit line. Borrow any amount ranging from Rs. 1000 to Rs. 5,00,000. Low processing fees No hidden fees, origination fees, closing fees, or prepayment fees are involved. Know ahead of time what your costs are. Complete secure process We use safe channels & secure links to protect your sensitive information. At Stashfin, trust & security are taken seriously. Minimum documentation Minimum uploads on our quick online form.KYC in digital or physical form as per your convenience. Flexible payment terms Repay your loan with convenient EMIs. Pick a tenure that works for you ranging from 3 months to 36 months. Operational pan India Delhi NCR (Delhi, New Delhi, Noida, Greater Noida, Faridabad, Ghaziabad, Gurgaon), Mumbai, Thane, Pune, Hyderabad, Chennai, Bangalore, Indore, Chandigarh, Panchkula, Pithampur, Bhiwandi, Zirakpur, Kharar, Coimbatore, Kolkata, Allahabad, Udaipur, Jaipur, Lucknow, Prayagraj, Kanpur, Bhopal, Shimla, Haridwar, Ranchi, Ahmedabad, Mangalore, and more. To apply for a Stashfin loan, you can download the app here Stashfin – Credit Line & Funds – Apps on Google Play or here Stashfin iOS App or apply on the website Stashfin

Smartphones have become a necessity in everyone's lives with the advent of new technologies and on-the-go lifestyle. In the era of digital connectivity, consumers have plenty of options to buy from brands such as Apple iPhone, Samsung, Oppo, Xiaomi, Nokia, HTC, Sony, Lenovo, Realme, Oneplus and many others offering a range of products. Customers usually look for features such as larger screen, sharper display, better performance, battery life, price points, selfie and photograph specifications in choosing their smartphones. Smartphones also come with a range of price points Rs. 3000 to Rs. 2,00,000. While eyeing the latest upgrade, sometimes, customers need EMIs to buy the latest smart phone of their choice with ease and convenience. This is where credit line and instant personal loan apps can come to the rescue. Mobile Loan Features & Benefits Your mobile loan from Stashfin gets disbursed with instant approvals and offers you credit up to Rs. Five Lakh. With absolute transparency, Stashfin asks for the interest rate that you see on your screens. Get the best industry standard and lowest EMI rates for your mobile loan. With each credit purchase through Stashfin, you get to earn back rewards The widest stretch of EMI paying window starts from as short as two months or can go till three years. With least documentation like valid ID proof and address proof, you are all set for your mobile loan. Stashfin ensures you have a complete 100% safe and secure loan process Stashfin offers personal loans with instant access to funds for whatever your needs are. Enjoy funds from Stashfin for all your needs including travel, shopping, medical emergencies, debt consolidation, wedding, home upgrade, home renovation, education, gadgets, consumer durables and others. Stashfin provides quick, easy, flexible solutions for instant loan requirements How does Stashfin App Work? Download the Stashfin App and register Fill in your details and upload verification documents Once verified the final application status can be checked on the App. You will also be notified of your approval status via SMS Once approved, E-sign the loan agreement and the approved amount will be disbursed to you within 5 minutes. SMS notification will be sent to your registered number notifying the same Eligibility Criteria Indian Citizen Above the age of 18 Must have a source of income (either salaried or self-employed) Documents Required Address Proof (any one of Aadhaar Card/Voter ID/Passport/Driving License) Identity Proof (PAN ID) In some cases, you may be asked for the following documents Bank Statement ITR/ GST Paper Operational across India  Delhi NCR (Delhi, New Delhi, Noida, Greater Noida, Faridabad, Ghaziabad, Gurgaon), Mumbai, Thane, Pune, Hyderabad, Chennai, Bangalore, Indore, Chandigarh, Panchkula, Pithampur, Bhiwandi, Zirakpur, Kharar, Kolkata, Jaipur, Udaipur, and more. Given the surge in the demand, players like Stashfin have exclusive offers and benefits for their consumers such as Instant funds up to Rs. 5 lacs, direct bank transfers, attractive interest rates, instant approvals, quick process, which is completely digital, exclusive rewards. To apply for a Stashfin loan, you can download the app here Stashfin – Credit Line & Funds – Apps on Google Play or here Stashfin iOS App or apply on the website Stashfin

As we’ve often maintained, personal loans aren’t always planned, and it helps to have a healthy financial record so that your personal loan application is not rejected. One of the many benefits of a personal loan is that the application process is quick and easy, the amount is disbursed in a swift manner, and you don’t have to worry about providing any collateral to get the loan. At the same time, the absence of collateral can lead to higher rates of interest. Despite the ease of a personal loan application, it is money that you’re borrowing and one that you need to return within a certain period. Therefore, you’ll have to keep certain factors in mind when deciding the personal loan tenure. Measure your monthly budget Borrow only what you know you’ll be able to afford and eventually return. It’s possible that you own a credit card and another loan, possibly a home loan or a vehicle loan. Therefore, you’re anyway going to have some loan EMIs to pay off. Choose a personal loan tenure that won’t dent any of your existing EMI plans. Ensure that your personal loan tenure doesn’t adversely affect your financial situation or dent your emergency fund. Personal Loan tenure and amount   Choose a loan tenure and amount that you can afford. Based on the amount you borrow and the time period you choose to return it, you’ll come to the EMI you’re supposed to pay. Know that a longer tenure may mean a smaller EMI, but it could also mean a higher interest rate. Therefore, be very careful of how much exactly you will have to shell out eventually. In addition, when going through the terms and conditions of such a financial transaction, find out if there are there any foreclosure charges, and how expensive that can get, how will foreclosing your loan impact your credit score, and how financially prudent is it really to foreclose your loan at the time you choose to. Some lenders also offer customised personal loans where users pay only for the amount that they actually use – find out about such lenders and choose your tenure and amount accordingly. Healthy credit score  This three-digit number ranging from 300 to 900 is a determining factor for whether you can even qualify for a personal loan, and once you do, how much interest you will end up paying. As always, a higher credit score, upwards of 750 deems you reliable and may encourage a lender to lend you money at a reasonable rate of interest. Therefore, keep checking your credit report and note any negative change in your score to take immediate corrective action. Reasonable rate of interest If you’ve been a practitioner of healthy financial habits, chances are you have a good credit score and are in good books of lenders. If you have a good repayment history, lenders will look at you as a reliable borrower. When going for a personal loan tenure, be aware of the rate of interest on your loan – it shouldn’t end up exceeding the original loan amount. Longer loan tenures aren’t necessarily conducive for you may end up paying higher interest. Shorter tenures will mean your EMI will be slightly steeper, but the rate of interest may well be within reasonable range. Thorough due diligence Again, because it’s borrowed money that you will eventually repay with interest, it is absolutely necessary to see that the lender is an RBI-approved and regulated entity. Try not going for the first lender you come across, despite the ease of approval and repayment. Do basic market research, because it’s not the best idea to have to not get any loan amount when you need it the most because the lender was bogus, or end up getting caught in a debt trap. When one is in severe need of money, it’s easy to forget to keep track of one’s budget. As a result, there can be situations where people take loans to repay their existing loans. Do not fall into such a debt trap, which is likely to negatively impact your financial situation.

StashFin instant personal loans are easy and convenient to borrow at any time. They come with attractive interest rates (starting from 11.99%).