Nilanjan
We never know when financial crisis knocks on our door. Future is anything but certain and we have no way but to live with unpredictability at every moment of our lives. What if you have fallen in a financial soup and need a huge amount of loan immediately? There is hardly any lending institution to bail you out. Even if any of them agrees, you are most unlikely to get more than Rs 2, 00, 000.
In this article, we will talk about how you can obtain an instant personal loan up to Rs 5, 00, 000. Fairy tale, you might be thinking, right? No, it is a reality. Let us talk about it.
Instant Personal Loan: You Can Get as Much as Rs 5, 00, 000
If you ever need a high volume of personal loan and all banks have refused to grant it, there is still a ray of hope. People, who are in similar situation, can get loans through Airtel Payment Bank. Transactions happen immediately. Additionally, Airtel Payment Bank provides an excellent opportunity to allow people to borrow up to Rs. 5, 00, 000 as personal loan. You do not have to wait for days or months to get a loan; it is sanctioned immediately.
What is the Maximum Time Limit for Loan Repayment?
Airtel Payment Bank loan has a flexible timespan for loan repayment. You can repay the loan within 1-5 years, depending on how you can afford to pay it back. According to Airtel, the interest on their instant loan varies from 9-15 per cent and they inform the borrowers as soon as they apply for the loan.
How You Can Avail Airtel Payment Bank Loan
Ø To get instant personal loan through Airtel Payment Bank, you need to download Airtel Thanks App. This app is easily available in Google Play Store.
Ø Next, you need to register your name in the app by using your mobile number.
Ø Click on loan in the menu option.
Ø A new page will open up on your mobile screen.
Ø You will be asked to provide your personal details. Enter required information.
Ø Click on submit button.
Ø You will get a message on your mobile number.
Ø If your loan application is approved, revisit the ‘application’ page and click on the next button.
Ø You will have to provide your bank details.
Ø Click on submit button for the second time.
Ø After loan is sanctioned, the amount will be credited to your bank account.
Required Documents to Get Loan
Ø ID card
Ø PAN card
Ø Bank Account
Ø Bank Statement
Ø Mobile Number
Ø Email ID
So, you see how easy it is to get personal loans immediately. Flexible repayment option also makes Airtel Payment Bank loan more attractive to potential borrowers.
