The good news for everyone is that now, you can get a loan from the Loan Resource app Using this app, you can easily apply for a loan and get it sanctioned in a few days. Before applying for the loan, check the eligibility criteria and required documents. The process of loan application is available in this article.
| Name | Loan Resource App |
| Purpose | Home loan, Personal loan, Business loan |
| Top Loan Resource App | Dhani, KreditBee, Nira, Money View, Home Credit |
| Eligibility | CIBIL Score, Monthly Salary, Income Tax Return |
| Documents Required | Aadhar Card, Pan Card, Bank Passbook |
| Download via | Apple Store, Google Play Store |
Contents
What is a Loan Resource App?
Around the World, every person needs money for their business investment, house, vehicle, etc. So, a loan is a way to borrow money from banks. At some point, everyone takes loans for their needs. There are various types of loans like a home, personal, gold, vehicle, etc. The loan application takes a long time to visit the bank and submit documents. Now, it is easy through the Loan Resource App.
This app lets you easily apply for a loan without visiting any bank. You can directly apply for it online after checking your eligibility. The processing only takes a few minutes or hours to complete the application process. You can even contact bank officials through the app conveniently. This article provides information about the app, like eligibility, documents, interest rate, application process, etc.
Benefits of Loan Resource App:
There are many benefits to using the Loan Resource App to get loans from any bank. They are,
- The loan process is simple and easy to follow.
- The processing time is only a few minutes or hours to process the loan application.
- You can only visit the bank sometimes to submit documents.
- It only needs a few documents compared to the direct visit to the bank.
- The EMI is flexible, and paying the loan amount to the bank will be easy.
Eligibility Critieris:
Check the eligibility if you want to apply for a loan using the Loan Resource App. The eligibility criteria are,
- You must be an Indian Citizen.
- Age must be 18 or above.
- You must have a good CIBIL score.
- You must have an active bank account in the bank you are trying to take the loan.
- You must have a stable job or business to apply for the loan.
Documents required:
There are a few documents that you need to submit if you want to apply for a loan using the Loan Resource App. The documents are very important in the loan process because the interest rate and the loan amount will depend on your profile. The documents required are,
- Aadhar Card
- PAN card
- Address proof
- Bank Passbook
- Bank statement
- IT Report
How to download the Loan Resource App?
Many apps are available in the market that give loans in a few minutes with few documents. You can apply for the loan after downloading the app on your device. To download the app, open Play Store for Android and App Store for iPhone. Go to the search icon and type Loan Resource App. It gives you some results; check the number of downloads and reviews. Download the app after selecting the best app. You can use the app after signing up with your details.
How to get a loan using the Loan Resource App?
The Loan Resource App is to apply for loans in any bank. Follow the below steps to get a loan using this app.
- First, download the app from the Play Store of Appstore.
- Open the app and sign up for your account using your details.
- Login to your account using the username and password that you created while Signing up.
- Then, you will see many loans like home, vehicle, personal, etc.
- Next, select the loan you want, and the app will give you details about whether you are eligible or not according to your CIBIL score.
- If eligible, fill out all the personal details and submit the documents.
- Once the loan through the app is sanctioned, you will receive the amount directly to your bank account soon.
Best Loan Resource Apps:
You can find an amazing Loan Resource App in the Play Store or App Store. You can directly download them on your device after checking the reviews. Some of the best apps are,
- Dhani
- Bajaj Finance
- Home Credit
- Money View
- KreditBee
- Navi
- TrueBalance
- NIRA
- Fibe
Interest rate:
The loan’s interest rate using the Loan Resource App varies as per the bank and type of loan. The profile plays a major role in interest rates. The CIBIL score must be good to get a low interest rate. The average interest rate is 10-30% Annual interest rate for personal loans. There is a processing fee, which is 1% to 2%.
FAQs:
This app helps users borrow money as bank loans for personal use.
You can install the app by searching for the app in the Play Store or App Store.
The average interest rate is 10%-30%.
The processing fee to apply for the loan is 1% – 2%.