Instant cash loan in India can be availed in 1 hour in the form of small cash loan from Loanbaba.com. Cash advance also called as the payday advance, is generally allied with the credit cards. The top credit card companies enable their customers to quickly receive cash advances using their credit cards at the local ATMs. However, the only problem with such relaxed facilities is one might not even realise his/her debts piling up and might end up falling into a debt trap.
You are likely to be charged a fee by the bank associated with the bank and also a fee for cash advance by your credit card company. Besides, you might have to pay interest if the money is not paid back prior to the next billing cycle. Some companies charge interest on the cash advances more than the interests on regular amounts.
Thus, in case you look forward to enjoying cash advances without massive interest rates, you can consider taking cash advance loans from Loanbaba.com instead. Such loans are termed as small cash loans and it is suitable for emergency needs, as you can get an amount of up to Rs. 50,000 within a few hours of loan approval.
|Cash Advance Loan in India Details|
Rs. 10 thousand to Rs. 50 thousand
30 days to 90 days
0.1% per day
Instant Cash loans are unsecured loans for personal use. These are short term loans and provided for tenure up to 3 months to salaried individuals only. You can borrow between Rs. 10 thousand and Rs.50 thousand. A credit score of 600 and above is considered eligible for the loan. This loan service is available in Mumbai, Navi Mumbai, and Thane by Loanbaba.com. No collateral is necessary. There is no limit as to how you use the funds from cash advance loans or small cash loans.
Get instant cash loans in 1 hour in Mumbai at Loanbaba!
Visit the homepage of Loanbaba.com and click on the icon of ‘small cash loan’. Provide the necessary details as asked on the new page. The details you need to enter are your monthly salary, the EMIs you pay per month, place you live in, employer’s name, the loan amount needed, tenure of loan, first name, last name, your email id and mobile number, and PAN card number.
Once you fill these details, click ‘Apply’. After reviewing your loan application, our representative will get in touch with you shortly. Before you apply for this loan, you can check our free-to-use small cash loan EMI calculator to know instalment you need to pay per month.
At Loanbaba, you can apply for instant cash loan online. You can check all related features such as quantum of loan, amount of loan, processing fees, interest rates, and other conditions, at one page. You can also quickly apply for small cash loan on our website without having to visit our office. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.
Small cash loan interest rate is as low as 0.1% per day, but varies as per individual profile. Keep a check on this page to note the updated quick loan interest rate for instant cash loans in 1 hour in India.
Small cash loan eligibility may differ from one candidate to another. You can also use free-of-cost small cash loan eligibility calculator at Loanbaba.com. The tenure is up to 90 days and maximum borrowing amount is Rs. 50 thousand and in some cases up to Rs. 1 lakh for 180 days.
Below provided are important questions about Instant cash loan in 1 hour in India.
If the applicant meets certain flexible criteria based on income and employment requirements, then he/she can fill the online application that will ask for:
You can use the money for any purpose other than those illegal. No questions are however asked until necessary. Being an unsecured and a multi-purpose loan with quick disbursal facility, usually people take the loan for financial emergencies.
Usually, the funds are disbursed on the next business day. If the weekend is a banking day, then you may get the funds the same day of the loan approval and there will be no delay in the same.
There are no concessions on interest rate. The rate applicable will solely depend on your net monthly income, debt to income ratio, fulfilment of eligibility criteria, repayment capacity, credit history, and other factors. Rest assured, a suitable rate of interest will be applicable, which would be the best in the market.
If you are new to borrowing money, we may still consider your profile, given you meet the eligibility criteria and have a responsible spending habit, with a stable income and job. However, a minimum CIBIL score of 600 is desirable. Yet, get in touch with us, and we shall do our best to serve you a loan scheme suitable to your needs.
If you wish to apply for a cash advance loan with us, then you must be a salaried person drawing salary in bank account. Cash salary is not acceptable. Any cash handled as commission, not reflecting in your bank account will not be considered in your net income. So make sure to submit valid income proof when applying for the loan.
Only salaried individuals are eligible to apply for the small cash loan with us. However, we are partnered with top banks and NBFCs for other loans available for self-employed individuals and non-salaried people. You can get in touch with us for more information regarding such loans.
A small cash loan is only up to Rs. 50,000. In certain cases, the loan amount can go up to Rs. 1 lakh but not further. If you do need a loan of a higher amount, you can look for other loan plans and schemes listed on the website. However, these loans will be from banks and NBFCs and not a patent product of Loanbaba. We shall only act as a mediator asking no personal service fee though. All our services are completely free-of-cost.
If you have an ongoing small cash loan with us, then you have to close the running loan to take a new loan. There is no top up loan on an instant cash loan.
The loans of old customers may get definitely processed faster as they would have already completed their documentation and identity verification procedure. However, their loan eligibility will be re-determined based on their current repayment capacity, income, age, and other factors. There are currently no discounts for loyal customers but we keep updating our policies, so keep a lookout for any possible discounts.