Today, in our country, the need for money for all the people is also increasing with time, because the time of inflation is going on, in such a situation, a person can save some money from his gallery to fulfill his needs.
There are many such essential things in the house, for which a person needs money, in such a situation, the person thinks that by borrowing money from someone, he will give that money to the salary and his need is also fulfilled.
But I do not understand that if you ask for money, then ask from whom, because in the matter of money, soon no one trusts anyone, you cannot ask for money from your friend, relative or anyone you meet, because maybe everyone can have such a problem and the most significant thing It is that no one believes about money quickly, in such a situation, to remove all these problems of you, an early salary loan app has come through a mobile phone application, through which you can fulfill your need by taking loan immediately. Yes, if you take all the money through this loan app, it should be given only all the essential information. Know.
What is an early salary loan app?
Early Salary Loan App This is an online loan application. The name also knows it off the Salary Advance Loan App. Through this app, a person can take the entire loan as per his need. Through this, a person does not even need to ask for money from anyone because this loan can be taken at any time anywhere. The most prominent feature of this application is that you can also take a personal loan from 4 lakh to ₹ 500000.
It was recognized and launched by the government on 22 February 2016. This is a platform, with the help of which people are helped by giving loans, and after the person’s work is over, that money has to be paid online.
Loan amount from Early Salary Loan App
Whenever a person takes money through the Early Salary Loan App without borrowing money from any other person for any of his urgent needs, money easily comes online in your bank account. Initially, its amount is significantly less. But with this application, you can take a loan up to ₹ 400000.
Time to pay the loan with the Early Salary Loan App
On getting the money, the person is told in advance how much time you can fill this loan. If you do not deposit the loan amount in that time, you have to pay more money and take some legal action. It can also be done on you. The loan repayment time ranges from 3 months to 12 months with the Early Salary Loan App. If you do not repay the loan amount during this time, a higher value will be added to your loan amount.
Interest on loan amount
Is. Whenever you take a non-needed loan, no person gives you money without interest. The same way happens in the Early Salary Loan app. The person has to pay an annual interest of 30% on whatever loan amount is there. The rate of interest is different everywhere. You should take a loan only as you do not get welfare; otherwise, do not take it.
For example – You have taken a loan amount of ₹ 100000 through your Early Salary Loan app, so you have to pay 30 percent interest of ₹ 16985 in 1 year.
Documents required to take the loan
Whenever you take a loan through any financial institution, bank, or mobile phone application, they have to submit some necessary documents, and all this work has to be done online. Only after that are you given a loan. Let us know what essential documents are required through the Early Salary Loan App…
- Aadhar Card
- PAN Card
- Bank statement
Eligibility to take the loan
Whenever you apply for a loan online or offline at any place, there are some essential rules. Based on which the loan is given to the person, it is necessary to have the following qualifications through the Early Salary Loan App…
- The person taking the loan must be a citizen of India.
- The age of the person should be between 18 years to 60 years.
- The monthly salary of the person should be 15000.
Why take a loan from the Early Salary Loan App?
It is such an online loan-taking platform, through which you can easily apply for a loan through your mobile phone by sitting anywhere in India.
The most prominent feature of this application is that the loan amount that you get, you do not have to pay it all at once and pay it in installments. It is up to you how you will fill this year’s amount and in how much time.
- First of all, you are given less loan amount through online application. As soon as you fill the loan correctly, then the loan limit is increased.
- There is no processing fee to be paid in this entire process of taking the loan.
Early Salary Loan App Online Loan Process
The process of taking a loan through the Early Salary Loan Application is as follows: you can take it through the following steps…
- First of all, you have to download the Early Salary Loan App in mobile phone.
- After that, you have to enter your registered mobile number.
- After this, this app will have to be linked to the account of Gmail or Facebook.
- Now this application will be open in front of you. Whatever essential documents and information are there, they will have to be filled in.
- Once you check all these things in the preview, then submit it.
- If all your given information is correct, then you will get approval for your loan amount.
- The loan amount is directly transferred to your bank account through Early Salary Loan Apps.
- You have time to fill this loan amount, and it has to be filled only during that time.
In this way, if the loan amount you have taken is not filled in the time given by this application, then some legal action can also be taken against you, or you can fill the amount of your loan amount with more interest. May fall.
Today, through this article, we have told you how to take a loan through the Early Loan app. Told about it. How the loan is taken through this app, what are its rules, all these have been said to you. Hope you have liked this information written by us. And for more information, you can join our website, and you can also comment by going to the comment box.
When was the Early Salary Loan App launched?
22 February 2016
How much loan is available through the Early Salary Loan app?
Loan up to Rs.4000000
What are the documents required for an early salary loan?
Aadhar Card, Address Proof, Photo, Pan Card