Having a money emergency? Get Instant Cash Loan in 1 hour

We all have money issues. Sometimes the situation is so urgent; we need the cash immediately. It could be a medical emergency, or you needed to buy something, but the money is short. You asked your friends to lend you money. However, they were unable to help you. What can you do in this situation? You cannot go to a traditional bank because it will take time. And time is a luxury that you do not have.

So, what options do you have? If you are firm, then there is a unique way to resolve your issue. There are many instant loan apps that can provide you with an instant cash loan in 1 hour. The process of applying on these apps is simple, online, and fast. There are very few requirements these apps have. Let's see what the criteria to avail of loans are.

Eligibility Criteria to apply on these apps

Every app has set its own set of eligibility criteria. They change from lender to lender. However, there is a general criterion that is detailed below.

1. The applicant must be at least 23 years of age.

2. The applicant must be working in an organization for at least six months.

3. The applicant credit score should be above 500

4. The applicant's salary at least should be Rs 10,000.

The Documents you have to submit

Every app will ask you the necessary documents to provide your loan. Here is the list of the papers, you will have to offer.

1. One Photograph

2. Address proof

3. PAN card or Company ID

4. Salary Slip

5. Bank account statement for the last six months

3 Instant Loan app to try out

There are many instant loan app to try out. However, here, we will mention 3 of them. They can fulfill your money needs.

1. Flex Salary

One of the best apps to get an instant loan. Here is a little info.

1. Min - Max Loan Amount: ₹ 4,000 to ₹ 2 Lakh

2. Tenures (in months):36

3. Interest Rate (Per annum): 36%

4. Processing Fee – A fixed amount of Rs 650/-

2. PaySense

It is a highly rated app having more than 50,000 Reviews on Google play store. Here is a little info.

1. Min - Max Loan Amount: ₹ 5,000 to ₹ 5 Lakh

2. Tenures (in months): 3 to 60

3. Interest Rate (Per annum): Up to 27.6%

4. Processing fee - Up to 2.5% of the loan amount

3. KreditBee

An app that has more than 4 lakhs positive reviews on the Google Play store. Here is a little info.

1. Min - Max Loan Amount: ₹ 1,000 to ₹ 2 Lakhs

2. Tenures (in months):2-15

3. Interest Rate (Per annum): up to 18%

4. These three instant loan apps can quickly fulfil your urgent financial need. Now, you have the eligibility criteria, what documents you will need, and 3 apps to use. The only thing remains how to apply. On these, the process is similar.

How to apply on these apps?

1. Download one of these apps which we have mentioned above.

2. Check out the eligibility criteria.

3. Create an account with your email address or mobile number.

4. Fill out the application.

5. Once you are done, you will receive a call from a representative.

6. Complete the process; the money will get transfer in your bank account.