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What is an Instant Cash Loan? Features & Benefits

Are you looking for an instant cash loan to meet your financial goals? Here you can learn about how to apply for an instant cash loan and what is the features and benefits of instant cash loan. Read this PPT to know more. Visit Here: https://www.fullertonindia.com/knowledge-center/instant-cash-loan.aspx

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What is an Instant Cash Loan? Features & Benefits

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  1. What is an Instant Cash Loan? Features & Benefits

  2. What is an Instant Loan An Instant cash loans are short-term loans that are processed so quickly, usually within an hour, giving you access to funds instantly. Also known as cash advance loans, this type of loans is ideal for situations when you need funds immediately.

  3. 4 Features of an Instant Cash Loan Small Loan Amount High Interest Rates 01 02 03 Fully Online Process Instant Loan Disbursal 04

  4. Small Loan Amount An instant cash loans can be availed anywhere between Rs. 5000 to Rs. 2 lakhs. Basically, the maximum amount a person can get is usually upto 3 times of his/her monthly salary.

  5. High Interest Rates While many lenders may advertise these loans at surprisingly of low interest rates, it should be noted that the interest are calculated on a per month basis. This makes your loan very expensive, especially if you select a tenure of more than 3-6 months.

  6. Fully Online Process Many personal loan apps providing such loans follow a fully online process. However, it should be noted here that before choosing a lender, it is advisable to research the lender thoroughly and ensure that they are licensed from the RBI.

  7. Instant Loan Disbursal If the applicant profile has been approved by the lender, the instant loan can be applied for and disbursed in a very short time span.

  8. Referral URL https://en.wikipedia.org/wiki/Loan https://www.fullertonindia.com/knowledge-center/instant-cash- loan.aspx

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