In the current dynamic world, financial flexibility and accessibility have become of utmost importance. We at Stashfin understand each and every challenge that potential borrowers face while managing their finances and quick online cash. Therefore, we have created a seamless platform that revolutionizes quick and easy personal loans online as our innovative approach, we aim to transform the entire financial landscape. What is a quick online cash loan? Why is it so popular? As the term suggests, it is a financial offering that swiftly grants potential borrowers access to funds via an online application. These loans are known for their instant approval and disbursal, often within hours or a day. Moreover, when you join hands with Stashfin, you need not put down any collateral, which makes such loans unsecured in nature. Such loans have gathered popularity in recent times as it enables a streamlined digital experience. One can easily apply from one's comfort zone using their smartphones or laptops. The simplified application process and automated approval systems expedite the entire borrowing process, making it super convenient and feasible. Advantages of quick personal loans Interest-Free When you avail of such a loan from Stashfin, you need not worry about any kind of interest to be paid above the principal. This is simply because we offer loans without charging any interest for 30 days. This means that you'll pay back the same amount you borrow from us. Instant Approval By quick, we literally mean within 24 hours in most cases. Now, if you go back in time or compare this with general home loans or car loans, which generally take 3-4 weeks to process, such loans take much less time. As a result, they are the best financial facility for meeting your urgent financial needs. Easy to avail With just four simple steps, we are there to help you if you are planning to avail a personal loan. Download the Stashfin application on iPhone/Android and Sign Up Apply for the credit line Complete your KYC Transfer funds to your bank account By following these four simple steps, you’ll able to access the loan amount in no time. Helps build credit score If by any chance you are going through a situation of low credit, a great way to build your score is by availing such loans and repaying them back on time. As you pay your monthly EMI Calculator on time, along with the pre-decided interest rate, your credit score will increase automatically. Versatility Whether for a smartphone purchase, an international trip, or a home refurbishment, a quick loan service will be helpful without being limited by the use case. This basically means that once you avail of such a facility from us, you are free to use the amount for any personal purpose. This kind of flexibility is one of the top reasons why personal loans are so much popular in the current times. Minimal Documentation Only Aadhaar Card, PAN Card and Bank Statement of last six months is what we require when you plan to avail loan from us. Such documents are basic, and every potential borrower has them handy, which are quite easy to share in no time. Why Stashfin? Why not? We offer interest-free loans and disburse them in no time. If you are in need of financial assistance, look no further! Just simply download our application on your smartphone and with just a few taps, you are more than good to go. Get in touch with us today to explore the sphere of quick personal loans and start your financial journey. Read More: How A Quick Cash Loan App Is A Better Option
In India, people avail loans for various kinds of reasons. From purchasing a car to purchasing a home to even renovating it, there are several types of loans available in India. This helps individuals to access funds in order to meet their financial needs, and the lenders offer quite a wide range of loan options to meet different needs and requirements. One of the most popular choices nowadays is a personal loan. This helps them cover their medical emergencies, weddings, vacations, or even home renovations. What is a loan? It is a financial arrangement in which a lender provides funds to a potential borrower, who agrees to repay the borrowed amount over a set period of time along with the interest amount. If it is about personal loans, one can easily apply for small personal loan online and get access to funds instantly. However, these are usually provided by financial institutions/banks and can be used for various purposes such as personal expenses, home purchases, business, or education. In addition, loans can be secured or unsecured, depending on whether the borrower is required to provide collateral. What are the different types of loans available in India? Housing loan Unsecured in nature, these types of loans are used to buy property. Compared to unsecured loans, they usually have a lower interest rate, as the property itself acts as collateral for the loan. The amount of loan which is to be issued can be up to 80% of the value of the property, with repayment tenure ranging from 10 to 30 years. Car loan As the term suggests, this loan type is used to purchase a vehicle, with the car acting as collateral for the loan. Compared to housing loans, they generally have a higher interest rate with a repayment tenure ranging from 3 to 7 years. To be eligible for the same, the potential borrower must have a stable income source and a good credit score. Personal loan One of the most trending ways to gain access to easy funds to fulfil personal needs, this loan type is relatively easy to avail these days. However, they have a higher rate of interest than secured loans, as no collateral is involved. Moreover, the amount issued here usually ranges from several thousand to a few lakhs, with repayment tenure ranging from 1 to 5 years. Education Loan These loan types are generally used to fund higher education. If we compare them to personal loans, they generally have a lower interest rate than personal loans. The repayment tenure ranges from 5 to 15 years and can be up to Rs 50 lakhs, depending on the course and institution. To be eligible for this type of loan, the borrower must have secured admission and must offer income and collateral. Business loan A business loan is used to expand an existing business or even to start a new one. These can be secured or unsecured, with the rate of interest varying depending on the lender and borrower’s creditworthiness. The amount of the loan here depends on the lender and borrower’s requirements. In the current era, quick and easy personal loans online are easy to avail. It tends to fulfill many needs, such as home renovation, expanding an existing business, and various other personal reasons. Just download our personal loan app or apply on our website only to get access to funds within a blink of an eye!