All About Small Personal Loans

what-is-a-personal-loan

Small personal loans are unsecured loans that meet cash shortages. These loans are increasingly popular as the sanctions happen quickly. The application process for small cash loans or mini cash loans is very simple. The application process of availing personal loan online includes filling up an online form on the lender website, uploading documents, and selecting a suitable scheme from the options provided by the lender.

Benefits of Small Personal Loans:

  • No Collateral Required
  • Instant Funds Approval and Access
  • Competitive Interest Rates
  • Quick Approval
  • Flexible Repayment Options
  • 100% Paperless Digital Process

Small personal loans are for personal use. These loans are not for any specific reason, unlike other loans like car loans, home loans, education loans, etc. 

How to register for a small personal loan?

You can register for a small personal loan by downloading the “Fullerton India Insta loan app” Before filling in the application for a small personal loan, it is necessary to arrive at an EMI and repayment tenure to pay back the loan amount comfortably. This calculation can be done instantly using a personal loan EMI calculator. After arriving at an EMI for the loan, you can follow the below steps:

  • Open the Fullerton Insta loan app
  • Register to the portal with your phone number
  • Click “Apply now” under instant loans
  • Fill in basic information and the loan amount required
  • Upload the scanned documents 
  • Submit the application

The lender will notify you of your eligibility. If you satisfy it, the loan process will start. The loan will be sanctioned within 24* hours if the submitted documents are in order.  

Additional Read: What Is A Better Way To Apply For Loan, Online Or In-person?

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