These options cater to different profiles and provide quick disbursal with minimal hassle.
1. Vizzve Financials
Why Choose Vizzve Financials?
- Instant personal loans with quick approvals.
- Easy application process via app or website.
- Flexible repayment options.
Steps to Apply:
- Visit the Vizzve Financials Website/App: Download the app from the Play Store or access their official website.
- Sign Up: Use your mobile number to register or log in.
- Verify PAN Details: Complete identity verification with your PAN card.
- Submit Bank Information: Provide your active bank account details.
- Loan Disbursal: Post approval, the loan amount is credited instantly.
2. Banks That Offer Easy Personal Loans
a. HDFC Bank
- Eligibility: Salaried individuals with a monthly income of ₹25,000 or more.
- Features:
- Pre-approved loans for existing customers.
- Instant disbursal through NetBanking or mobile app.
- Competitive interest rates starting at 10.5% p.a.
b. ICICI Bank
- Eligibility: Both salaried and self-employed individuals.
- Features:
- Loans up to ₹25 lakhs.
- Instant approval and same-day disbursal for existing account holders.
- Minimal documentation for pre-approved offers.
c. SBI (State Bank of India)
- Eligibility: Salaried and pensioners.
- Features:
- Loans up to ₹20 lakhs under the SBI Xpress Credit scheme.
- Interest rates starting at 11% p.a.
- Easy repayment terms of up to 6 years.
d. Axis Bank
- Eligibility: Salaried individuals with a stable income.
- Features:
- Flexible loan amounts up to ₹15 lakhs.
- Quick processing for existing customers.
- Interest rates starting from 12% p.a.
3. Top Loan Apps for Easy Personal Loans
a. KreditBee
- Loan Amount: ₹1,000 to ₹3 lakhs.
- Features:
- Instant disbursal for salaried individuals.
- Flexible tenures ranging from 3 to 24 months.
b. MoneyTap
- Loan Amount: Up to ₹5 lakhs (credit line).
- Features:
- Borrow only what you need, pay interest only on what you use.
- Approval in minutes with same-day credit.
c. PaySense
- Loan Amount: ₹5,000 to ₹5 lakhs.
- Features:
- Paperless application process.
- Available for salaried and self-employed individuals.
d. CASHe
- Loan Amount: ₹7,000 to ₹4 lakhs.
- Features:
- Designed for young professionals.
- Minimal documentation, instant approval.
e. LazyPay
- Loan Amount: Up to ₹1 lakh.
- Features:
- Easy EMI options.
- Fast processing with Aadhaar-based KYC.
4. Other Financial Institutions
a. Bajaj Finserv
- Loan Amount: Up to ₹25 lakhs.
- Features:
- Pre-approved offers for existing customers.
- Disbursal in 24 hours.
b. Tata Capital
- Loan Amount: Up to ₹25 lakhs.
- Features:
- Competitive interest rates.
- Minimal paperwork with flexible tenure.
c. Muthoot Finance (Gold Loans)
- If you have gold assets, consider pledging them for instant cash.
Tips to Get a Personal Loan Easily
- Maintain a Good Credit Score: A score of 750+ improves your chances.
- Opt for Pre-Approved Offers: Banks often provide pre-approved loans to existing customers.
- Check Eligibility: Choose lenders that align with your income and profile.
- Compare Interest Rates: Use loan comparison websites to find the best deal.