In today’s fast-paced economy, not everyone needs a ₹1 lakh loan.
Sometimes, ₹2,000 to ₹50,000 is all it takes to:
Fix a broken phone
Handle a sudden bill
Start a side hustle
That’s where Micro Loans come in — and Vizzve is at the forefront of making them fast, easy, and digital.
What is a Micro Loan?
A micro loan is a small-ticket personal loan, usually between ₹1,000 and ₹50,000, designed to help people with low or no formal credit history.
Originally used for rural development, micro loans are now booming in urban India, especially among:
Gig workers
College students
First-time borrowers
Small shop owners
Why Micro Loans Are Gaining Popularity
✅ 1. Instant Approval – No Waiting
Apps like Vizzve offer quick KYC and disbursement, often within a few hours.
✅ 2. No Collateral Needed
These are unsecured loans — no property, gold, or guarantor required.
✅ 3. Build Credit Fast
Repaying a small loan on time helps build your credit score — even if you’ve never taken a loan before.
✅ 4. Ultra-Flexible Use
Use it for:
Groceries
Phone repair
Fees
Rent
Starting an online store
✅ 5. Accessible for Everyone
Even if you’re:
A gig worker
A student
Someone with no salary slips
…you may still qualify via bank transaction history or UPI activity.
Who Is Taking Micro Loans in 2025?
| Category | Popular Purpose |
|---|---|
| College Students | Phone upgrades, food delivery bills |
| Small Vendors | Working capital, restocking |
| Gig Workers | Bike repairs, fuel |
| Homemakers | Side businesses (tiffin, tailoring) |
| Daily Wage Earners | Rent, emergencies |
💡 Vizzve’s Role in the Micro Loan Boom
Vizzve Finance offers:
Micro loans from ₹2,000 to ₹50,000
100% digital process
Instant approvals with PAN, Aadhaar & bank statement
EMI options as low as ₹200/month
No paperwork, no agents, no hidden fees
In short: You get what you need, when you need it — directly to your account.
Real Stories from Vizzve Users
🧑🍳 “I used a ₹5,000 Vizzve loan to buy ingredients for my first 10 tiffin orders. Now I earn ₹700 daily.”
– Reema, Home Chef, Pune
👨🔧 “My bike broke down before a delivery shift. Vizzve approved ₹4,000 instantly. I was back to work the same day.”
– Arjun, Delivery Partner, Chennai
FAQs
Q1: Is a micro loan safe?
Yes. With RBI-compliant NBFCs like Vizzve, your data and loan process are 100% secure.
Q2: Will taking a micro loan affect my credit?
Yes – positively! If repaid on time, it helps build a strong credit history.
Q3: Can I take more than one micro loan?
Yes, but Vizzve recommends closing one before applying for another to avoid repayment pressure.
Published on : 28th July
Published by : SMITA
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RBI-Registered Loan Partner | 10 Lakh+ Customers | ₹600 Cr+ Disbursed