As part of its commitment to making the economy self-reliant and growing, the government of India initiated the “Atmanirbhar Bharat Abhiyan.” It also introduced the “JanSamarth” portal, a platform that simplifies the loan application process for citizens across India. The portal helps people learn about government loans and apply for scholarships. With JanSamarth, individuals can seamlessly apply for various government schemes, making it easier to secure the financial support they need. What is the JanSamarth Loan Portal? JanSamarth is a digital portal launched by the government of India designed for individuals seeking loans and scholarships. It offers 14 credit schemes on a single platform and 7 loan categories. Whether you are an entrepreneur, a student or someone looking for any other loan, the platform has everything for everyone. The portal aims to simplify the loan application process and support individuals financially. Key features of JanSamarth: The portal has a user-friendly interface designed to make it accessible to everyone. Borrowers can check their eligibility for various government schemes. It aims to protect borrowers by eliminating intermediaries and making direct connections between lenders and beneficiaries. A single platform that offers 14 credit-linked schemes and seven loan categories. How to Register on JanSamarth? To start the registration process, you have to follow the below steps: Go to JanSamarth's official website and click on the ‘Register’ tab. Enter your mobile number. Agree to the terms and conditions. Proceed with the verification by submitting an OTP. Eligibility Criteria The eligibility criteria differ as per the scheme you are choosing. Any individual can apply after they fulfil the requirements of the scheme. To check eligibility for a specific loan, follow the following steps: Go to the ‘Schemes’ options on the homepage. Select the loan category in the dropdown menu. Click on the specific scheme, and you have full information. Whether you’re choosing a government platform or applying via top loan apps, it is important to check the eligibility criteria first to learn more about the loan and whether you qualify for it. Step-by-Step Guide to Loan Application on JanSamarth After registering, you can proceed with the application process. Follow the easy steps below: Go to the official website of JanSamarth. Click on ‘Schemes’ options on the homepage. Opt for the relevant loan category and the scheme you’ll apply for. Read all the information about the scheme. On the homepage, you’ll see the option ‘Check Eligibility’. Here, you can check whether you qualify for the specific scheme. Apply online by updating your documents and all the information that’s been requested and clicking Submit. Choose from the offers from lenders and get approval from the bank. Check the status of your application afterwards. Documents Required Even though the scheme has its requirements, here are some basic documents that you should keep handy: Aadhar Card Voter ID PAN Card Bank Statements How To Check Application Status? After application, it is essential to keep track of its status. You can do the same on the portal after following the below steps: Visit the JanSamarth online portal. Login by entering all the details. Click on ‘My Applications’ on the dashboard and check the status of the scheme you’ve applied. Loan Schemes Available on JanSamarth Portal For various financial needs, the government platform offers multiple schemes. The following are some of them: Education Loan: The scheme aims to support students studying in India. From graduation to PhD, it supports students seeking financial assistance. The main focus is to help students from economically weaker sections. Agri Infrastructure Loan: The main aim is to empower students studying agriculture and promote development of agriculture infrastructure, business centers and clinics. The schemes that come under it are: Agri Clinics and Agri Business Centers Scheme, Agricultural Marketing Infrastructure and Agriculture Infrastructure Fund. Business Activity Loan: This scheme is for someone who wants to set up a new business or expand an existing business. The aim is to generate employment opportunities and increase wage-earning capacity. This includes schemes such as the Prime Minister Employment Generation Programme (PMEGP), Weaver Mudra Scheme (WMS), Pradhan Mantri MUDRA Yojna (PMMY), Stand Up India Scheme, and more. While these are some of the main categories, you can also check other categories such as Livelihood Loans, Renewable Energy, e-Kisan Upaj Nidhi and Agri Loan - Kisan Credit Card. Stashfin: Your Trusted Partner for Instant Loan Approval With government platforms taking time for approvals, there are private applications that aim to provide instant loan approvals to borrowers. Known as one of the best loan apps in India, Stashfin delivers a quick and hassle-free experience with minimal to no paperwork to users. It is a trustworthy platform as it offers transparent terms and conditions and aims to help borrowers in emergencies. Users can choose the repayment tenure based on their current financial situation. Conclusion For individuals seeking a government platform to apply for a loan, the JanSamarth portal is the way to go. Offering a number of schemes, a user-friendly interface, and an easy application process has made it convenient for users to get financial assistance. Whether you are a farmer, student, or entrepreneur, there is a scheme for everyone. Otherwise, borrowers can also check out the top loan app, Stashfin, for quick funds approval. Analyse the current situation and explore the options available. Applying for a loan is not as difficult nowadays as it was years ago. It is always recommended that you read all the information and then apply for the loans.
The Employee Provident Fund (EPF) is a scheme introduced by the Government of India to help salaried employees build financial support for when they retire. Both the employer and the employee contribute a sum to the employee's PF as per the CTC. When planning long-term financial goals, keeping track of the EPF balance becomes essential. Fortunately, checking the balance in today’s digital era has become quick and convenient. This guide will help you explore the methods to check your EPF balance online and offline, ensuring you can access your savings whenever possible. What is EPF Balance? The total amount of money saved in your EPF account, contributed by the employer and a fraction of your salary, along with interest. Here are some key points you should know before learning more about EPF: The interest rate for the financial year 2023-2024 is 8.25%, calculated monthly but deposited annually. The interest rate is declared after every financial year. While employers contribute 12% (8.33% goes to the Employee Pension Scheme Account and 3.67% to the employee’s EPF account), employees contribute 12% of their salary, and they can choose to make it 100%. If no transaction occurs in 36 months, the account will become inactive. EPF balance of up to ₹2.5 lakhs in a year remains tax-free. How To Check EPF Balance? Following are the several ways to check EPF balance offline and online: EPFO Portal If users are looking for an online mode, visiting the official EPFO website is one prime method. Employees can visit the official website of EPF India to check their PF balance or access the passbook. However, the UAN number must be activated. Follow the following steps once your UAN is activated: Visit the official EPFO website, go to the ‘Services’ tab, and click ‘For Employees’. Next, click ‘Member Passbook’ under the ‘Services’ section. Login with the credentials (UAN, password and captcha details). From there, you can check your EPF balance and get access to the passbook. UMANG App UMANG is the new-gen online mobile application launched by the Government of India. It allows employees to check their PF balance, track their claims, and raise them at their fingertips. The application is available on the Play Store and the App Store. Here are the steps to check EPF balance via the UMANG app: Start by downloading the app from the Google Play Store or App Store. After choosing your preferred language, verify your EPF mobile number. Click on the ‘Services’ option at the bottom. In ‘All Sevices’, search and select the EPFO from a list of options. Go to the ‘View Passbook’ section. Enter the UAN and OTP and submit them afterwards. You’ll get your EPF passbook with the balance. Missed Call Service In the offline mode, employees can check the status of their EPF balance by making a missed call to 9966044425 from their registered mobile number. To use the service, here are the following requirements: UAN must be activated. The mobile number should be registered with UAN. UAN must be linked with PAN, Aadhar or bank account. When you click on the number, it will disconnect after two rings, and you’ll get the PF balance. SMS Service After activating the UAN, the employees can check their PF balance via SMS using the registered mobile number. To check the PF balance through SMS, you have to: Send a text message to 7738299899 from the registered mobile number. The SMS format should be EPFOHO UAN HIN, where ‘HIN’ is the language code. The SMS facility is available in 10 languages: English (Default) Hindi (HIN) Bengali (BEN) Punjabi (PUN) Gujarati (GUJ) Marathi (MAR) Kannada (KAN) Telugu (TEL) Tamil (TAM) Malayalam (MAL) The SMS you’ll receive contains PF contributions, balance details, and available KYC information. Check EPF Balance Without Registered Mobile Number In case you don’t have access to the registered mobile number, you can still check the PF balance by following the below steps: Visit the PF Passbook official website. Login using your UAN and password. After that, click on the PF account you want to check. Proceed by clicking on ‘PF Passbook Old’. You can now check the status of your PF balance, including your employee and employer contributions. If you can’t check the balance through online and offline mode, you can even contact your employer. How To Withdraw EPF Balance? If you are thinking of withdrawing your PF amount, here’s what you can do: Visit the UAN Portal and log in using your UAN and password. Click on the tab ‘Manage’ and select the ‘KYC’ option for the verification. After verification, go to the tab ‘Online Services’ and click on ‘Claim (Form - 31, 19, 10C and 10D). Next, you have to enter your bank account information and verify. To sign the certificate of undertaking, click on ‘Yes’ and then ‘Proceed for Online Claim’. Choose the type of claim, whether a full EPF settlement, EPF part withdrawal, or pension withdrawal. Select ‘PF Advance (Form 31)’ to withdraw the amount. Mention the purpose of the advance with the address and amount. Click the certificate and submit the application. Points to Remember To start with either checking the balance or withdrawal, make sure of the following points: UAN is linked with KYC details (Aadhar, PAN, or bank account). Always keep your UAN and password safe. Keep a check of the PF balance to make sure the contributions are being made correctly. Registered mobile number should be up to date to use services like SMS and missed calls to check the balance. Conclusion With multiple online (UMANG App and EPFO Portal) and offline (SMS and Missed Call) services, it has become easy for employees to check their PF balances whenever they want. Ensure that you keep an eye on your savings to be financially prepared for the future. In emergencies or any other situation where you need funds quickly, you can always opt for an online cash loan via the trustworthy platform Stashfin. It’s the most reliable and popular platform that…
As the festive season approaches, the spirit of Durga Puja begins to fill the air. One of the most vibrant and cherished festivals, it celebrates culture, tradition and victory of good over evil. The ten-day festival (the last five days are the most important) honours Goddess Durga, who is believed to symbolise power, protection and motherhood. From artistic pandals to cultural events to delicious feasts, the festival showcases the best of Indian culture. It is celebrated with great enthusiasm across the country but is particularly special in the eastern states of West Bengal, Bihar, and Odisha. In this blog, we’ll explore the rich history, significance, and celebrations of Durga Puja, along with some financial tips to help you manage your finances and enjoy the festivities to the fullest. Durga Puja Festival Durga Puja, also known as Durgotsava, is a Hindu festival that celebrates the victory of Goddess Durga over Mahishasura, symbolising the triumph of good over evil. It is a time to honour the goddess, seek her blessings, and celebrate the spirit of humanity. The festival is celebrated with unmatched enthusiasm, mainly in eastern states such as West Bengal, Jharkhand, Odisha, Bihar, Assam, and some parts of Maharashtra and Delhi. However, recently, it has become a global event and is celebrated by Bengali communities in cities like London, New York, and Toronto. While the exact origins of Durga Puja are unclear, it is believed that some of the royal and wealthy families used to celebrate the festival in the early 16th century. Over the years, the public has started celebrating with majestic and artistic pandals, stunning idols, and cultural events. Important Dates with Rituals In 2024, the Durga Puja celebrations start on October 9th and end on October 13th. However, on October 2nd, the Mahalaya event is celebrated, during which Goddess Durga is invited to earth, and her eyes are drawn on the idol. Shasthi - 9th October - Goddess Durga descends on Earth, and her beautiful idols are unveiled. Saptami - 10th October - The Pran Pratishthan ceremony is performed, and the Kola Bou ritual takes place. Ashtami - 11th October - Kumari and Sandhi Puja to honour the victory of Goddess Durga over Mahishasura. Navami - 12th October - Maha Aarati to mark as the festival's final day. Dashami - 13th October - Goddess Durga visarjan with sindoor utsava. Significance of Durga Puja Festival Primarily, the festival celebrates the victory of good over evil. It has several other important symbolic meanings: Symbolises the power of women as the goddess is a powerful deity who won over the demon Mahishasura. The festival brings together people from all the communities to create unity and togetherness. Celebration of togetherness and symbolises the importance of family. How Is Durga Puja Celebrated? The festival is celebrated with great enthusiasm and is a perfect blend of spirituality and cultural activities. Here are the main rituals and traditions that make it a grand event: Pandal Hopping: With unique themes, the majestic pandals with beautiful idols of Goddess Durga are created across the cities. People visit multiple pandals with family and friends and get blessings. Cultural Programs: Many artists showcase their talents and perform traditional dance, music, drama, and other cultural shows. Live events and competitions take place every evening. Bhog: Devotees and visitors enjoy Bengali delicacies, especially Bhog (offering to the goddess). Visarjan: The end of the festival seas on Vijayadashami, when the idol of the goddess is immersed in the rivers, marking her return to her divine abode. Stashfin: Your Financial Partner for Durga Puja With festivals like Durga Puja approaching, we understand the increase in expenses, including clothing and gifts, home decorations, and attending community events. We at Stashfin aim to relieve financial stress and allow you to enjoy the festivities to the fullest by helping you get an instant personal loan online conveniently with minimal to no paperwork. Here’s why you should consider applying for a loan from Stashfin: Quick and easy application process with minimal to no paperwork, making it hassle-free for borrowers. Users get to have transparent terms and conditions, ensuring no hidden charges. Provides flexible repayment options to make it easy for borrowers to choose as per their financial conditions. Considered one of the top loan apps, it offers a user-friendly interface that makes navigating and applying for loans easy. Tips For Planning Festive Finances If you want to be a part of the celebration truly without worrying about the finances, read the following tips: Make an estimated budget before the festival begins and include all expenses, such as travel, gifts, home renovation, clothes, etc. Since brands offer festive discounts and rewards, take advantage of them and save some money. If you have a shortage of funds and a major expense is pending, apply for a personal loan from a reliable platform like Stashfin. Track your spending to stay within the budget and avoid overspending. Conclusion Durga Puja is a festival that celebrates the power of womanhood and motherhood. It’s a time to come together with communities, family, and friends and seek blessings from the goddess. With the celebration, managing finances is also important to avoid stress. At Stashfin, you can quickly apply personal loan to cover expenses. This Durga Puja, make memories that last a lifetime and enjoy the festivities to the fullest.
Are you planning to take out a mobile loan? Well, in 2024, this is one of the best things technology has to offer, as you can access financial facilities with just a single tap. Long gone are the days when people actually used to travel to financial institutions or banks to obtain such facilities. Today, in this article, we’ll understand in and out about such loans. We need to understand its benefits and why you should choose us when planning to opt for such loans. What is a mobile loan? What are its top advantages? Also known as a mobile money loan, it is a type of personal loan that can be applied for, approved, and managed entirely through a mobile device. At Stashfin, which is available on both the Play Store and the App Store, you can easily avail of this facility without any hassles. These loans, which are quite in demand in 2024, are typically smaller in amount and shorter in duration compared to traditional personal loans, and they are basically designed to offer quick and convenient access to funds. Convenient The topmost advantage is the ease of application. One can easily apply for a loan from anywhere and at any time using an internet-enabled smartphone. Remember, you need not visit any bank or financial institution. Basic documentation Mobile loan online apply typically require minimal documentation compared to traditional loans (car or home loans). This further streamlines the process and saves you a lot of time and energy. Transparent All the information regarding your loan, including rate of interest, repayment schedule, and your outstanding balance, is provided to you in a transparent manner at Stashfin. This enables smooth and better financial management. Real-time tracking Loan applications typically allow you to easily track your loan balance, view your payment history, and even manage everything directly from your smartphone. Creditworthiness improvement On-time repayments of your mobile loan can be reported to bureaus, which ultimately helps in improving your credit score over time. This plays quite a beneficial role when applying for larger loans in the future. Why Stashfin? If you are planning to avail Instant Cash Loans Online, then we are right here for you! Our official application is available for both the Play Store (Android) as well as App Store (iOS), or one can even explore our website. Moreover, regarding the rate of interest, the prime concern for potential borrowers is that we don’t charge any interest on the amount. This means you must pay us back the amount you initially borrowed from us without an extra penny. Here is a step-by-step guide on how to avail this facility from our app: Download the application from the Play Store/App Store as per your device Sign up using your mobile number Add your personal details to check your credit limit Complete KYC, and you will be good to go! With just four easy steps, you can easily initiate a mobile loan online apply. Once approved, the amount will be credited to your account within minutes. Final thoughts Stashfin, one of the top loan apps, offers loans with much feasibility and convenience. Mobile loans have undoubtedly changed the entire borrowing scenario, and now, with just a few taps, one is more than good to go. So, what are you waiting for? Download our application today.
In today's fast-paced world, where time is of the essence, loan apps have emerged as a convenient solution for those seeking quick access to funds. Whether you're in need of a personal loan, a business loan, or any other type of financial assistance, a loan app can simplify the loan application process. However, the loan application process can often be complex and daunting. To increase your chances of success, it's important to approach the process strategically and be well-prepared What is a Loan app? A loan app is a mobile application or digital platform that allows individuals to apply for loans conveniently and quickly using their smartphones or other devices. It provides users with a seamless and user-friendly interface to complete the loan application process from the comfort of their homes or on the go. How to get an instant online loan? This used to take quite a lot of time and required you to go back and forth to the bank to get it approved. Furthermore, now there is an excess of loan providers, each with different interest rates and requirements, making it difficult for a different reason. So if you are wondering how to get an instant loan online, the following are the steps you need to follow to use my preferred loan provider, Stashfin. 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! So the application process to apply for an instant loan online is that simple. Which is the best loan app in India? While searching for trustworthy mobile applications for my loan, I came across the below-listed applications, which is the top loan apps in India 1. StashFin StashFin is a leading instant personal loan app in India. Stashfin provides individuals with instant access to personal loans with a credit limit of up to Rs 10,00,000 at 0% for 30 days. The app offers quick and convenient loan approvals, allowing borrowers to meet their financial needs promptly. 2. PaySense PaySense is a highly regarded instant personal loan app that offers hassle-free and quick loan disbursal. With its user-friendly interface and simple application process. 3. MoneyTap MoneyTap is a popular app that provides loans in India. With a line of credit facility, users can borrow money per their requirements and repay it in easy EMIs. Conclusion The lending landscape in India has been revolutionized by such the best loan apps, allowing individuals quick and convenient financing solutions. These apps provide seamless user experiences, quick loan disbursals, and attractive interest rates. Although this has made it easier for borrowers to get the money they desire to do what they want, responsible borrowing is crucial. It is essential to carefully review the terms and conditions and check for any hidden charges inflating the cost before availing of any loan.
India is a country that is currently undergoing several revolutions, not just a digital revolution but also a financial and credit one. Today lenders have made it exceptionally easy to get a loan, with credit availability at an all-time high. Whether you need funds for a medical emergency, a wedding, a foreign trip, or even home renovations, people use this to improve their lives. Let us explore personal loans, why you should get one, which is the best loan app in India, and how to get one. What are Personal Loans? Personal Loans are a great way to fund your expenses when you do not have enough money to do so otherwise. It is generally unsecured, meaning no collateral guarantees the money. Due to their wide range of uses and virtually unlimited end cases, personal loans are more popular than specialized loans like home or medical loans. Why should you get one online? There are several reasons you should get a loan online. This includes everything from the convenience of getting a loan approved and disbursed without ever stepping foot outside your home. With an active internet connection, you can apply for a loan anywhere, anytime. It requires minimal documentation and zero physical paperwork. You can get the amount in your account within hours of approval. Competitive interest rates and ability to compare between lenders and secure flexible repayment tenures. These benefits make getting a personal loan online much better than the traditional route of going from bank to bank and waiting several days to get your loan approved and then disbursed. Which is the best instant loan app? Stashfin! Out of the half a dozen apps I have gone through and the few I have used, Stashfin stands out as one of the best instant personal loan apps. Earlier this year, I needed a lot of money for medical reasons. I remember when it was difficult to get a loan due to lenders gatekeeping and charging an exorbitant interest rate, making it difficult for most people to avail of loans. But from the moment I downloaded Stashfin, I knew I was in good hands. The app guided me through all of the options and helped me complete the process and get my application approved along with a very decent interest rate. I was delighted to find out I had the money I needed within hours. I could do all of this at the hospital while caring for my aged mother. How to avail of a personal loan from Stashfin? It is effortless to get a loan nowadays with an instant loan app, and these are the steps I followed to get a loan when I needed it from Stashfin. Download the app from the Play Store or the App Store Sign up using your mobile number Add your details to check your credit limit Complete the KYC, and you are good to go! Conclusion This is how top loan apps like Stashfin have revolutionized the lending ecosystem, making it effortless to borrow money and achieve true financial security and flexibility. One thing you should keep in mind is that you should always assess your finances and plan for the loan before making any significant financial decisions.