Many times such situations come that you suddenly need money and you do not have that much savings. In such a situation, you will have to borrow money from someone. But, now there is no need to borrow money from anyone, instead from this you can take a loan directly to the bank without any problem. Nowadays, you are given such loans by the bank in which you will not have to go to the bank and stand in line and no file will be deposited. If you need urgent money you can apply for same day loan.
Same day Urgent Loan
A same day loan is a unsecured personal loan which gives you instant access to funds once you have submit your loan application. Same day loans are very helpful when you need an urgent money. Same day loans provide you the money that you need to help meet your various personal expenses like repairing your cars, medical bills etc. These loans are sanctioned for a relatively short period of time and have relatively high interest rates.
How you can apply for same day loan:-
For the same day loan application you can apply through online or offline methods, it is fully depending on the application channels which are offered by the lender. Some of the lenders allow individuals to apply for same day loans through their smart phones with downloading the mobile application. These are some steps to apply for a same day loan as follows:
- Comparing the loan offers:-
There are many banks and financial institutions that provide same day loans to the Indian residents. Thus, you should compare first the various offers of loans that are available to you. Be sure to check the interest rate offered on the loan, disbursement time, loan amount that can be opted for, and the lender's credibility. Also You can use the eligibility calculator to know your eligibility of loan amount from different lenders.
- Check Eligibility Criteria:-
Every lender is likely to specify the eligibility criteria on their respective websites. You must ensure that you fulfill the eligibility criteria before applying for the same day loan.
- Submit Application:-
If you are applying for loan online, then you are required to fill the online application form, where you are required to key in your personal information like name, email id, and phone number, PAN number etc. Also You need to upload the required documents on the lender's website.
After submitting the online application form your application will be verified by the lenders. After getting approval for loan your loan amount will be disbursed into your account within 24 hours.
Eligibility criteria for Same Day Loans:-
If you want to apply for same day loan then you need to fulfill the following eligibility conditions:
- You must have a stable income to qualify for this type of plan.
- You must have an current savings account.
- You have to be over the age of 21 years.
- You are required to a valid mobile number or an email ID.
- You must be a resident of India.
- You must have at least 2 years work experience.
The eligibility criteria is different from lender to lender. So, please verify it before applying for loan.
Same day loan features and benefits:-
- You can apply and get instant money.
- This type of version includes working verbose and minimal documentation.
- Loans can be obtained at a higher interest rate by transacting in a transaction.
- This is a personal loan.
- They have been completed to meet the liabilities of the account.
- Enjoy your application as soon as possible. Your banking application ends in less than 3 seconds.
- Collateral is usually not required for this type of loan. It is safe and secure and has complete transparency.
- You can apply easily online for this type of loan.
- Both if you are existing and non-existing customer can apply for the same day loan with any of the lender that you want.
How do the same day loans works?
Same day loans are simply personal loans that are disbursed immediately after the submission of your loan application. Most of the lenders offer same day loans just in a few hours of submission of the application. loan amount is disburse from some lenders within few seconds.
In case of some lenders, personal loans are pre-approved and the verification process is skipped. This can makes the entire loan process of disbursement shorter. This is the working process of the same day loan.
This facility available to you from our company, GRD India financial services pvt. Ltd. We provide our services free of cost, you can take your loan through online medium or through our company by any bank in which you have interest.
You can complete this process by some easy steps:-
What is full process?
-For this, first of all go to the official mobile application or website on www.grdindia.in
-After that login to the website.
-Then go to the option of Instant Loan, where your limit will be shown after checking you eligibility by software, the amount of loan you can take.
-After that fill the required information and complete the process through OTP. In this, you have to choose the installment system that you can give loan between 6 months, 9 months, one year or two years.
Frequently Asked Questions
Do I have to pay processing fee to get same day loan?
Unless otherwise noted, most of the lenders will charge you a nominal one-time processing fee before disbursing your loan amount. You can check the charges which are levied by the lenders to know how much you have to pay as processing fee.
I am currently unemployed. Will I still be able to get the same day loan?
Most of the lenders offer same day loans only to individuals earning stable income. Make sure to check the lender's eligibility criteria to know whether you are eligible or not.
What is the minimum tenure for which I can get a same day loan?
The minimum and maximum loan tenure you can choose depends on who the lender is. In case of a same day loan, it is possible to choose the loan tenure from as low as 7 days to a maximum of 5 years.
With GRD India financial services Pvt. Ltd. you can get instant home loan at very low interest rates, it provides all kind of services to their client as per the banks norms. They make efforts for the clients in providing best loan price.
Please visit to the site and get extra benefits
For online application visit- www.grdindia.in
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