Loan Singh Instant Loan

When you are in urgent need of cash to take care of a sudden financial situation that has cropped up, an instant loan is your best bet to receive the required funds on time. With Loan Singh Instant Loans, you will not only be able to get access to credit instantaneously, but will also be able to choose your repayment tenure ranging between 3 months and 36 months based on your eligibility. Available to borrowers with an interest rate ranging from 18% to 28% p.a., these loans can be applied online and feature a complete paperless transaction. Due to the ease of availability of these instant loans, customers can apply for them even from the comfort of their homes without having to step out of the house.

Features and Benefits of Loan Singh Instant Loans

• Loan amount - The quantum of loan offered by Loan Singh to its customers varies on case to case basis depending on the monthly income of the individual. However, the borrowers who want to apply for an instant loan from this company should borrow a minimum of Rs.50,000 in order to be eligible.
• Best rates available in the industry - Under this scheme, the interest rates offered by the company to the borrowers depend on a number of factors such as income, age, CIBIL score, occupation, employer organisation, etc. While the company provides competitive rates of interest, it usually ranges between 18% p.a. and 28% p.a.
• Repayment tenure - With an option to opt for a repayment period ranging from 3 months to 36 months, borrowers will have the convenience to select a loan repayment tenure that he or she is comfortable with. However, the maximum repayment tenure depends on the loan amount availed by the individual.
• Completely digital application process - Once individuals decide to secure a loan under Loan Singh Instant Loan, they will be able to apply for the same online from the comfort of their homes at any time they want. This means that they will not have to waste their precious time standing in long queues to get the funds they need in order to meet their financial needs.
• Loan approval in an instant - After the customer applies for the loan online, the lender will verify the details provided along with the submitted documents and approve the loan. Since the loan application is done online, the verification process can be completed in no time and the loan can be approved almost instantaneously.
• Quick disbursal of cash - With online loan approval and instant approvals, the funds secured under this scheme can be disbursed to the bank account of the borrower within as less as 48 hours.

Eligibility Criteria for Loan Singh Instant Loans

In order to be able to avail a Loan Singh Instant Loan, the customers are not required to meet many stringent eligibility requirements. This allows for people from different walks of life to be able to apply for this loan. To secure this loan, the borrower must meet only the criteria mentioned as follows:

• The borrower must be at least 21 years of age.
• The individual should be a salaried employee of a reputed company.

Documents Required to Apply for Loan Singh Instant Loans

• PAN card
• Aadhaar card
• Identity proof such as Voters ID, Aadhaar card, Passport, Driving license, PAN card, etc.
• Bank statements for the past 6 months
• Passport-size photographs

How to Calculate Your Loan Singh Instant Loan EMI

To help you manage your finances better while taking care of your financial crisis on time, Loan Singh provides an online EMI calculator. Using this calculator, customers can check what the maximum loan amount is that they can avail and what the corresponding equated monthly installment (EMI) will be that they will have to pay in only a matter of few seconds. See how you can check and calculate your loan amount and EMI beforehand:

• Visit the official website of Loan Singh https://www.loansingh.com
• Scroll down to the section titled ‘Calculate your eligible loan amount’
• Next, enter your monthly take-home salary and the amount you are currently paying as EMI for any existing loan
• The bottom section of the calculator will automatically display your eligible loan amount and corresponding payable EMI

Please note that the corpus of the loan and the EMI amount is calculated considering interest rate of 16% and a repayment tenure of 36 months.

Loan Singh Instant Loan Customer Care

Loan Singh believes in offering best-in-class customer service. Hence, the customer support team is always available to help borrowers with their query, concern, or suggestion. When you contact the knowledgeable and courteous staff of the company, they will give their best efforts to offer you effective solutions to help take care of your issues as early as possible.