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Cash Advance Loans in India is a short-term funding done by financial institutions. This loan traditionally aligns with the credit cards. 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 you may not even realise that debts are piling up and then end up falling into a debt trap.
You are likely to be charged a fee by the provider and even pay a fee for cash provided by your credit card company. Besides, you may have to pay interests if the money is not paid back prior the next billing cycle. Some companies charge interest on the cash advances more than the interests on regular amounts.
Cash advance loans in India are unsecured loans for personal use. Below-mentioned are some of its features:
Below-given are features of a cash advance loan in India:
Fill the loan application form on top of this page. The form asks for a few details such as your name, monthly salary, place of residence, employer’s name, EMIs paid monthly, email id, mobile number, PAN Card number, loan amount required, tenure of loan, etc. After proving these details, click ‘Apply’.
At Loanbaba, you can apply for a cash advance loan and quick funding in no time.
Cash advance loan interest rate is as low as 0.1% per day, but varies as per the credit and individual profile of the borrower. Keep a check on this page to note the updated rates. Your loan eligibility and final interest rate applicable may differ as per your income, repayment capacity, etc.
Below provided are important questions about cash advance loans in India.
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