India has witnessed several changes in the last couple of decades, especially in the financial sector. With rapid digitalisation, everything has now shifted online, ditching the age-old lending system. With all the services online, one can now enjoy all the financial services from their homes’ comfort.

Are you looking for funds to finance your daily needs or family emergencies? Now you can get instant personal loan online. There are various lenders available online to choose from.

Apply for an online personal loan

To apply for an online personal loan, follow the steps mentioned below:

Step 1: Visit the lender’s website and browse over to the personal loan page.

Step 2: On the web page, click on the ‘Apply Now’ option. You will mention your mobile number for verification and choose whether you are a salaried individual or a self-employed professional.

Step 3: Fill the loan amount you want and the preferred repayment tenure. You can use the personal loan EMI calculator to know the monthly financial strain you will face in repaying the loan.

Step 4: Once the eligibility check is complete, fill in all the details in the application form. You will be required to mention your personal, professional and banking details.

Step 5: Upload the required documents for e-KYC and loan approval. Click on the submit button.

Based on your details mentioned, a customer care executive will call you to provide you with the loan amount, interest rate and tenure for which loan is available to you. On your approval, the loan amount will be directly transferred into your account.

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