Need quick and hassle-free financing Instant Loan Approvals

Welcome to Instant Loan Services, instant loan approval, minimal documents, fast and easy loans up to ₹ 25 lakhs for salaried individuals and business owners. Whether it's for personal expenses, business expansion, or emergencies, we've got you covered.

Repayment options that fit your budget.

Minimal Documentation Provide basic details and get started right away.

Low Interest Rate

High Approval Rate

No Hidden Charges

Direct Bank Transfer

Lightning fast cash. Zero physical paperwork.

Get up to Rs. 25 lakh in your bank account instantly.

Why Choose Us

Low Interest Rate

High Approval Rate

No Hidden Charges

Direct Bank Transfer

Frequently Asked Question

1. What is a personal loan?

When you need financial assistance, you must apply for a loan to acquire the necessary funds to cover a range of expenses for personal use, whether planned or unexpected. The loan application process provides various options based on factors such as loan amount, duration, and purpose.

2. Am I eligible for personal loan?

You must have a regular source of income to avail a personal loan whether you are a salaried individual, self-employed business person or a professional. A person’s eligibility is also affected by the company he/she is employed with, his/her credit history his/her residential location and other factors as per the lender’s criteria.

3. What is the tenure of a personal loan?

Personal loans feature tenure of 1 year to 5 years or 12 to 60 months. In rare cases, shorter or longer personal loan tenures may be allowed by the borrower on a case by case basis.

4. What are the key documents required when applying for a personal loan?

Though the documentation requirements of personal loans vary from one financial institution to another, some of the key documents that you would need to provide with your personal loan application include:

Income proof (Salary Slip for salaried/recent acknowledged ITR for self-employed)

Address Proof Documents

Identity Proof Documents and others

Certified copies of degree/license (in case of self-employed professional) and others as per the lender’s criteria.

5. What are the key steps in the loan approval process?

Approval of loan is at the sole discretion of the loan sanctioning Lender criteria specified by the bank/ financial institution.

6. How do banks decide the maximum loan amount that I can get?

Though loan sanctioning criteria may differ from one bank to another, some of the key factors that determine the maximum loan amount that may be sanctioned to you include – credit score, your current income level and your current liabilities. A high credit score (closer to 900) shows that you have serviced your previous loans and/or credit card dues in a proper manner, which would lead lenders to feel that you are a safe borrower leading to the sanction of a higher loan amount. Your current income level and your liabilities (outstanding credit card dues, unpaid loans, current EMI’s etc.) have a direct bearing on your repayment capacity. Therefore, if you are in a lower income bracket or have a large amount of unpaid credit card bills or outstanding loan EMI, you would be sanctioned for a lower personal loan amount compared to an individual with a higher income or fewer financial liabilities.

7. How is the loan disbursed?

Once you get approved for a loan by the lender, you may receive the money deposited automatically into your account electronically or through alternat methods.

8. How to repay the loan?

The loan can be repaid in the form of Equated Monthly Instalment (EMI) via post-dated cheques drawn in favour of the bank or by releasing a mandate allowing payment through the Electronic Clearing Services (ECS) system or through any digital or physical payment methods.

Sweet Words From Clients

Showcasing positive experiences from satisfied customers

Highly recommend

I needed a quick loan for a medical emergency and Instant Loan Services came through for me. The application process was so simple and I had the funds in my account within a few minutes Highly recommend.

Jessica

May 21, 2024

© Copyright Instant Loan Services All Rights Reserved