You can now apply for an instant loan without documents, paperwork or collateral through these top ten loan companies.
Thanks to Fintech companies, getting a loan has been made easier, quick and hassle free as you can apply for Loans without Bvn, Loans for unemployed or even get Instant loan without documents 2022.
Table of Contents
Can I Apply For Instant Loans Without Documents ?
Yes you can apply for Instant cash loan in 1 hour without documents through online or loan apps.
How To Apply For Loan Without Documents ?
• Register througb their website or Apps
• Fill in your details correctly
• Set up their inbuilt auto debit system and avail your personal loan.
How To Become Eligible For Instant Cash Loans ?
1. You Should Have A Graduate Degree.
It’s important to hold a college degree to finance your mobile on EMI from NIRA. A college degree builds on your credibility and credentials for a smartphone loan application.
2. Your Monthly Income Should Be 20,000 Or More
To be eligible to finance your mobile phone on EMI with a debit card, you need to display an ability to be able to afford the EMI repayment. For this reason, your salary plays a crucial role in your smartphone loan application.
3. You Should Be Employed For At Least 6 Months.
While it isn’t necessary to have many years of work experience, a continuous and stable employment of minimum 6 months increases your chances of getting qualified for a smartphone loan to help you buy mobile phones on EMI.
Requirements For Instant Loans Without Documents
When applying for instant cash loans without Documents through best online loan app, you will require the following documents:
• Proof of ID
• Proof of Address
• Pan card
• Salary slip
• 6 months statement of your bank account.
Why Apply For Instant Loan Without Documents ?
1. Loan Customization
These cash loans companies understands that every customer is unique and has individual requirements when under an emergency cash crunch.
That is why they allow you to customize and choose a loan option that works best for you.
2. Fair Interest Rates
Your interest rate will be a function of your credit score on their proprietary model. Their interest rates will vary from 1.50% to 2.25% per month and are directly dependant on your credit score; the higher your score, the lower your interest rate.
3. Flexible Use
instant cash loans allow you to make repeated withdrawals to use the cash for whatever you want! Just make your EMI payments on time and avail subsequent loans as and when you need cash urgently.
4. Minutes Decision
All you need to do is fIll out our quick online form to get approved for a fast cash loan in just 3 minutes.
15 Instant Loan Without Documents
• Nirafinance Cash Loan
Feel like a sudden vacation? Want to surprise a loved one with a good gift? Or have you suddenly found the perfect deal on a phone you’ve been looking forward to buying but don’t have enough money in your account? No matter what the case may be, instant cash always comes in handy.
It’s usually difficult to get an instant cash loan without documents from banks within a short period of 24-48 hours. This is because banks often need several weeks to process the loan. In such a situation, most people are forced to go to a local money lender or pawnbroker or money lender who will loan out money at extremely high interest rates of 3-4% per month. Not to mention having to provide collateral in the form of gold jewelry which can be quite humiliating.
With NIRA, instant small cash loans get instantly approved so that you’re covered just in time.
Plus, they’re incredibly flexible, which means you can use the cash for whatever you like without any restrictions! So go ahead – apply online now and get approved for instant cash loans of Rs. 5,000 to 1 lakh in 3 mins only.
• Standard Chartered Loan
Get instant approval on personal loans with as minimum documentation as possible.
Personal loans are basically unsecured loans, i.e., loans secured without any documents, mortgage or collateral.
Such easy loans are favorable options for those who want to secure loans expressly with minimal documentation.
If you have a good credit score and want an instant loan without documents, you can opt for a Standard Chartered personal loan online and avoid the hassle of excessive paperwork.
• Credy.in Instant Loan
You can get a personal loan online with minimum to no physical documents required while applying for a loan.
All the process is done online with a focus on instant approval and minimum wait time for getting your loan.
At Credy they have developed technology and tools that will help a customer to apply for a personal loan without any document on their website and android app.
You can simply signup to their website with your name and a few personal details to get an eligibility check for a personal loan from them.
If you find yourself eligible, you can move to the next step of signing up on their website or app and registering yourself as a loanee.
The registration process is simple and will require information which you will generally have with you.
You can apply for a personal loan directly from the app or website without sending us or visiting our offices with any physical documents.
Your application will require your credit score which can be obtained online and bank statement which is also available online.
If in case, you do not have a banking enabled salary account, you can always email us to theirr customer support with a statement from your passbook scanned or photographed.
• Mobikwik Loan
Buy everything and anything you ever desired with just a click. Mobikwik personal loan is a blessing in disguise to get an instant loan for travel, wedding expenses, home renovation, etc.
A personal loan is an unsecured loan that can be used for a variety of personal end uses or any other urgent financial requirement.
The major benefit of an unsecured loan is that the users do not require pledging of any collateral or asset to avail of your instant personal loan.
With the MobiKwik app, the process is made a lot easier, one can download the Loan app or website to get access to an instant loan without documents.
• Finance Buddha
Insta Loan is an instant online personal loan by Finance Buddha in 180 Cities across India. Now you can apply for a personal loan online and get money in the bank account in as soon as 2 Hours.
Anyone can avail an instant loan online from ₹50,000 to ₹50 Lakhs without any documents or physical paperwork.
They have a 100% online loan process with instant loan approval. Furthermore, it is one of the fastest personal loans you can get in India.
• MoneyTap Instant Loan
The process of a paperless personal loan becomes hassle-free since there is no need for hefty paperwork, making frequent visits to the banks or filling and signing form after form. You can apply for a personal loan from the comfort of your home with only a few clicks.
While applying for a personal line of credit, MoneyTap will ask you to login to your net banking account so that it can access your bank statements as a part of the loan approval process.
This is, however not a security threat as the process is a read-only operation and the security is controlled by the bank itself.
If you still feel uncomfortable, you can download the bank statements and then upload them on the MoneyTap app.
• Bajij Finserv Loan
Since a personal loan is an unsecured form of credit, loan approval depends a number of factors mainly your credit history, credit worthiness and CIBIL score.
Once this is in place, lenders like Bajij Finserv offer a personal loan easily and require you to submit only a handful of documents such as your identity and address proof before your loan application is approved.
• Tata Capital
Tata Capital Limited is a financial and investment service provider in India. The company is based in Mumbai and has more than 100 branches across the country.
The firm offers consumer loans without documents, wealth management, commercial finance, and infrastructure finance, among others.
• EarlySalary Loan
EarlySalary is India’s best instant cash loans providers; offers urgent loan from 50,000 loan without documents to 5 Lakhs in just 10 mins.
EarlySalary offers you a truly modern, sensible instant loan option. No lengthy paperwork, instant processing times, attractive interest rates, with no prepayment charges.
Borrow instant loan up to ₹ 5 lakh and have it transferred to your bank account within minutes.
EarlySalary’s instant loans are gifts that keep on giving. Featuring instant disbursals for up to Rs 5 lakhs, at rates as low as Rs 9/day, with no hidden costs, repayments in flexible, easy EMIs, a no-questions-asked usage policy, and even no prepayment charges. Finally, instant loans minus the stress.
• Afinoz Instant Loan
Those days have gone when people have to put some security like a mortgage of property or gold ornaments to avail of an instant loan without documents.
As now the applicant without a PAN card or bank statements can acquire an instant loan with few basic details.
You can easily apply for an instant loan with Afinoz. It is a financial platform who has tie-ups with various lenders that provide instant loans purely based on the customer persona.
So, if you are facing any difficulty in availing an instant loan without documents then go with Afinoz App. Here are a few simple steps for applying for an easy loan:
Step 1: Download the Afinoz App from the Google Play Store.
Step 2: Sign up in the account.
Step 3: Click on the personal loan apply button.
Step 4: Choose the type of employment.
Step 5: Enter the company name you are working for.
Step 6: Provide the details like working tenure, salary, existing monthly installments (if any), the required loan amount and the mail id.
After providing all the required details, a message will be displayed on the screen regarding the eligibility. And if you’ll be eligible for the loan then the Afinoz team will contact you.
• FlexSalary Loan
Instant loan without documents in Mumbai from FlexSalary is an unsecured loan that helps you meet your emergency needs that pop up all of a sudden.
It is an unsecured loan because they pay you money without taking any of your assets as security. You can access their instant loans literally in a few hours.
Instant loans are usually applied to cover last-minute wedding expenses, home renovation, providing better education to your child, paying urgent medical bills, etc.
If you are seeking for an instant loan without documents online, rely on FlexSalary. They provide loans ranging from INR 4,000 to INR 2,00,000 with same day funding.
You don’t have to stand in lines to apply for a loan. Instant loans can be applied online; you can check the approval status online.
• Capitalnow Instant Loan
Availing a loan for any emergency requirements is not a challenging task these days as you have the option to get an instant personal loan.
An instant personal loan of up to Rs 1,00,000 can be sanctioned online in an hour at CapitalNow.
When applied for an instant personal loan, their experts will reach out to you and process your application at the earliest.
An instant personal loan provides instant access to money. Also, they sanction instant personal loan without documents, making it convenient for the borrowers.
• QuickCredit Loan
In this technologically developed era, our existence has turned upside down. Everything we want or desire for can be now achieved in a click or two and getting an instant cash loan in 1 hour is not an exception.
However, the conventional approach of money lending platforms can never really be changed but there is always room for an alternative.
There are rising money lending platforms to bridge these demands with an Instant Cash Loan in 1 Hour on the go 24/7 in India.
QuickCredit is one such digital lending platform in India that fulfills all instant cash loan needs in 1 hour.
To Apply: Visit QuickCredit’s Website or App.
– Fill your basic details and get instant loan approval.
– Select the desired loan amount and apply for the loan.
– Upload basic documents like Aadhar, PAN and Bank Statement.
– Get your instant cash loan credited in your A/C directly.
The above listed platforms offers Instant loan without documents in minutes without collateral or paperwork.