In India, Which Apps offer The Best Instant Cash Loan Apps For Salaried Persons

If you are a salaried individual sometimes at the month's end, you could face money issues. And there are not a lot of ways to get quick help. This is where instant cash loan apps such as Mpokket instant loan, Rupeelend, or StashFin can help you out.

Whether you need a personal loan in Kolkata or Bangalore, they are available everywhere. However, before you apply, let’s explore their details to understand which one will be suited for your requirement.

mPokket personal loan

mPokket instant loan is our first choice. Here, you get a quick loan easily with fast processing without any need for collateral.

Features:

• The loan amount is offered from Rs 1,000 to Rs 20,000.

• The interest rate is from 1% to 6% monthly.

• The loan tenure is from 60 days to 90 days.

• The loan processing charge is between Rs 34 and Rs 203 excluding GST charges.

mPokket eligibility criteria for Salaried employees

• The borrower age should be below 40 years of age.

• The salary must be credited to a bank account.

• The borrower should be working full time.

Documents requirement for mPokket personal loan

When you apply for mPokket personal loan, you will need these documents to submit.

• Identity proof – Aadhar card, PAN card, Driving license, Passport, Voter ID card

• Address proof – electricity proof, rent agreement

• Bank statement for the last 3 months

• Last salary slips

Rupeelend instant cash loan Rupeelend instant cash loan offers multiple types of personal loans depending on borrower requirements.

• The loan amount is offered from Rs 10,000 to Rs 1 lakhs.

• The loan duration is from 61 days to 90 days.

• The late payment charge is 1%.

• The interest is 0.1% t o1% every day.

The eligibility criteria for Rupeelend personal loan

• The applicant should be an Indian citizen.

• The applicant minimum age should be at least 18 years of old.

• The applicant should be a salaried person or a self-employed professional.

• The applicant should have the ability to repay the loan.

Documents required for Rupeelend loan

You will need these documents when you apply for a Rupeelend instant cash loan.

• Proof of Identity – Aadhar card, PAN card, Passport, Driving license, Voter ID card

• Proof of Address – The electricity bill, rent agreement,

• The mobile phone number

• Bank account details

• Employment proof

StashFin personal loan StashFin offers instant cash loans for salaried persons. It has easy to meet eligibility requirements with the high loan amounts, and competitive interest rates.

• StashFin offers loan amounts up to Rs 5 lakhs.

• The interest rate starts at 11.99% per annum.

• The loan tenure is from 3 months to 3 years.

• The processing fee is up to 10% of the sanctioned loan amount.

Types of StashFin personal loan

• Shopping instant cash loan

• Marriage loan

• Home renovation loan

• Debt consolidation loan

• Travel loan

• Holiday loan

• Mobile loan

• Consumer durable loans

• Personal loan for self-employed

StashFin eligibility criteria

• The borrower should be an Indian citizen.

• The borrower's minimum age should be at least 21 years old.

• The borrower should be a salaried individual.

• The borrower's minimum income should be at least Rs 20,000 per month.

• The borrower should have a good credit history.

How to apply for these lenders' instant cash loans? To apply for these instant cash loan apps, you can download these lenders' app from the Google play store. From there, follow the steps mentioned in the app such as first sign up, then click on an application for a personal loan. From there, every step is cleared.

If you want an even more easy option, check out Afino.com, which is the online financial website. Here, apply once to receive offers from all these three lenders.

Conclusion

All three apps will provide instant cash loan. The only thing you have to decide which one to choose for the loan. Then based on your requirement, payment capability, and eligibility, choose one.