What you do when you are facing an emergency situation. Your salary will after a few days, but you need money urgently. You can ask your friends to lend you some money. But, they may be able to help you or maybe not.
So, what is the way to get out of the situation while you are waiting for your salary? Well, why not use an Instant loan app which can help you. The app is called the EarlySalary app.
The EarlySalary app acts as a salary advance. It can help you in getting out of the emergency situation. The loan is unsecured, so you do not have to submit any kind of collateral. We are giving other details below.
EarlySalary App Loan details
Here are the details you need to know, such as Loan amount, rate of interest and other things.
What is the eligibility Criteria for EarlySalary?
The eligibility criteria to get instant personal loan app depends upon a lot of factors. However, there is a generic criteria. We are mentioning it below.
The applicant should be an Indian Citizen.
When you are signing up in Earlysalary, you must have Facebook or Gmail Account.
The applicant age should be minimum of 21 Years and maximum of 55 Years.
The applicant salary for a non-metro city should be minimum of Rs 15,000, and for metro cities, it should be minimum of Rs 18,000.
As you can see for an instant loan app, these requirements are quite easy. If you go to a bank or NBFCs, the rules are harder.
Features of EarlySalary App
EarlySalary app has many features that we are mentioning below.
There are no prepayment charges.
There are wide ranges of Instant loans provided by EarlySalary.
As a borrower, you can get an instant loan for a short period of time.
The loan amount directly goes into the borrower bank account.
There is minimal documentation.
The process is quick, simple, hassle-free and transparent.
You can choose any loan as per your requirement.
EarlySalary Personal loan products
EarlySalary offers mainly four kinds of Instant cash loan products.
Shopping Loan
Travel Loan
Education loan
Instant Cash Loan
What are the documents required for EarlySalary?
These are the documents you will need to submit to apply for an instant personal loan.
A selfie or passport size photographs
PAN Card
Bank statement and salary slips for the last 3 Months
Aadhar Card
Rent agreement or Electricity bill
Postpaid Phone bill
How to apply for a personal loan at EarlySalary?
First, Go to Google play store, download the EarlySalary app. You can do the process on its website as well.
Create an account, fill in the details.
Once you fill the details, you will know the approval limit.
If you agree, sign the loan agreement.
The loan amount will get transferred directly into your bank account.