Category Archives: loan

Availing a quick loan nowadays is as easy as ordering food from your smartphone. Just a few simple taps, and you are more than good to go. However, to avail such facilities, choosing the right platform is essential. Stashfin, one of the best platforms for personal loan finance, offers the feasibility to all potential borrowers.  We offer this service directly from our website and even via applications that can be easily downloaded from the Play Store (Android) / App Store (iOS).  What is a quick loan? A quick or personal loan is offered by banks, financial institutions, or online lenders to individuals for various personal expenses. It is called a “quick” loan, as the application process here is very fast compared to other types of loans, allowing borrowers to access funds relatively quickly.  Further, these are unsecured loans, which means that they are not backed by collateral such as a car or house. Instead, creditworthiness is assessed based on certain factors such as credit history, income, and employment stability. The rate of interest and loan terms are determined based on the borrower’s creditworthiness. What are its benefits? Instant access to funds As the term implies, quick loans offer fast access to funds. The loan application process here is completely streamlined, and approval decisions are often made promptly. In many cases, funds can be disbursed within a few business days, allowing potential borrowers to fulfill their financial needs promptly.  Flexible This online fast loan is very flexible and can be used in any manner. Unlike a car or home loan, which bounds the borrower to use the funds for a particular purpose, these funds can be used for various personal expenses. From consolidating debt, home renovation, medical expenses to even planning a vacation, you are free to use the funds as per your own choice.  No collateral These are unsecured loans, which basically means they do not require collateral such as a car or a house. This eliminates the risk of losing any valuable assets if, by any chance, the borrower is unable to repay the loan. It makes personal loans more accessible to individuals who may not have substantial assets to pledge.  Fixed-rate of interest They often come with a fixed rate of interest, meaning the rate remains the same throughout the tenure. This offers the borrowers predictability, as they know the exact amount they need to repay each month.  Debt consolidation Personal loans can also be used for debt consolidation, which involves combining multiple debts into one single loan. By consolidating debts, borrowers can easily secure a lower rate of interest and simplify their repayment process by having only one monthly payment to manage.  What are the eligibility criteria to avail of this quick loan service? Age You must be at least 18 years old to apply for a personal loan. In some cases, this can be higher, such as 21 or even 25 years old.  Income Lenders assess your income to determine your ability to repay the loan amount. They may require you to have a stable income source, and if the income is high, it automatically increases your chances of successful loan approval.  Credit history Credit history, as well as score, is evaluated by the lenders. A good score here indicates responsible borrowing and repayment habits, which can increase your chances of approval.  Employment stability Lenders prefer borrowers who have a stable employment history. They ask for details such as employment duration, employer information, and income stability. Debt-to-income ratio Your debt-to-income ratio is also considered in the eligibility criteria. It is basically the percentage of your monthly income that goes toward debt payments. This is checked so the borrowers know you have sufficient income to comfortably handle the personal loan finance and your other financial obligations.

In the current digital age, managing financial requirements has become quite convenient and accessible than ever before. Especially after the Covid-19 outbreak, availing a personal loan has witnessed an upsurge, and moreover, the applications that offer it has been trending.  A financial emergency can emerge at any point of time in an individual's life. Be it education expenses or medical expenses, immediate requirements of funds can arise at any time. This is when such a loan type comes into place.  What is a personal loan? It is a type of unsecured loan offered by financial institutions, which is mostly availed via online financial institutions without even going anywhere. Unlike secured loans, for example, a home loan, which requires collateral as security, personal loans don't require any collateral. Instead, they are totally granted based on the creditworthiness of the borrower, income, and repayment ability.  The usage of this loan varies from person to person and can include covered unexpected expenses, home renovation, education or funding an event/wedding. Using a personal loan app for your finance requirements is one of the best things you can do in the current era. Long gone are the days when people had to travel to their bank to avail such a loan. Why You Should Use An Online Loan App For Your Finance Requirements? Accessibility These applications offer unmatched accessibility, allowing users to access financial services anytime from anywhere. Unlike traditional loans that often involve physical visits to banks, such applications can be accessed easily via smartphones or other digital devices. This kind of accessibility ensures that individuals can apply for loans and manage their finances on the go without being limited to any banking hours or geographical constraints.  Efficient Another prime advantage of online loan apps is the speed at which transactions can be initiated. The process for traditional loans can be time-consuming, requiring extensive paperwork, a lengthy approval period etc. On the other hand, these applications leverage digital platforms and automated systems, enabling smoother operations and approval.  Convenient Here, potential users can complete the entire loan application process from the comfort of their homes without the need for multiple visits to any bank. In addition, we offer a user-friendly interface that simplifies every single process, allowing individuals to track every element in real time. This saves a lot of time, eliminates unnecessary hassle and enables the borrowers to manage finances efficiently.  Secure We prioritise the security as well as the confidentiality of every individual on our loan app. Robust encryption techniques and secure servers to safeguard all the sensitive data have been well initiated by our team. It is a well-known fact that such elements offer users peace of mind, knowing that all their information is protected at all times.  How to avail this loan? Availing of such a loan from Stashfin is super easy. You can easily visit our website or download our application via the App Store or Play Store. We focus on convenience and ease so that potential customers planning to take personal loan apply from our platform don't face any unnecessary hassle.  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!

If you are looking for access to easy and instant funds, then instead of asking from your friend or relative, it is always better to opt for instant cash loans. The application process, if initiated from the right application, is usually simple and straightforward.  Undoubtedly, the accessibility that financial applications offer has led to a healthier country in monetary terms. Gone are the days when people used to travel to banks to gain access to loans.  What is a fast cash loan? As the name implies, it is a short-term loan that offers potential borrowers instant access to a small amount of cash in order to cover emergency expenses or unexpected financial obligations. This loan type is generally offered by alternative lenders or credit unions and can be easily obtained with little to no credit check or even collateral requirement.  These loans are usually used to cover unexpected expenses such as medical bills, vehicle repairs or other urgent expenses. The amount of the loan is generally small, and its repayment period is short, usually two weeks to a month.  What are the features and benefits of fast cash loans online? Instant cash One of the top pros of such loans is that it offers quick and convenient access to cash when they need it the most. In addition, the loan application process here is relatively easy and fast, and the funds can be transferred to the potential borrower’s bank account on the same day.  Helps build credit Some lenders may report fast online cash loan payments to the credit bureaus, which helps the borrower build or improve their credit score over time. This can be especially beneficial for those with poor credit scores and planning to improve them. Repayment Flexibility It gives the borrower flexibility, allowing them to repay the amount over a more extended period. However, these loans usually have a short repayment period, ranging from two weeks to a month.  No collateral Such loans are usually unsecured, which means that the borrower doesn’t need to provide any collateral to secure the loan. This is quite beneficial for those who do not have assets to pledge as collateral.  No Credit Check Required These types of loans do not require a credit check, which basically means that borrowers with poor credit scores or no credit history can still qualify for a loan. This makes such loans an accessible option for those who have been turned down by traditional lenders.  How to avail instant cash loans? Stashfin offers the feasibility to all potential borrowers to avail the loan facility from its website or simply by downloading their application from the Play Store/App Store as per their device. However, if you are planning to download the application, here is the step-by-step guide:  Download the Stashfin 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!

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! 

Eyeing an upgrade for a television? Or looking to buy an air purifier? Fancy a kitchen consumer durables update? Be it a new TV, air purifier, refrigerator, microwave, smartphone, laptop, washing machine, kitchen appliance, VR device, play station, or any other new gadget you want to buy, Stashfin credit line and personal loans app can be your go-to partner for any requirements. There are many ways to buy your favorite gadgets and appliances, be it online or in retail stores. Some of the best e-commerce for consumer durables include Amazon, Flipkart, Given the options available for customers to update their latest appliances and gadgets, there are times when you may need easy EMIs to fund your dream upgrade. This is where Stashfin can come to your rescue.  Here’s how you can get instant consumer durable loan. Read on. Why choose Stashfin? ✔ 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 How to apply for a Stashfin credit line and instant personal loan