Need 1 Lakh Personal Loan Urgently? Apply HereA personal loan of 1 lakh is a small cash loan that can be very well taken via instant personal loan apps online. Financial emergencies whether at work, home, or elsewhere, all can be managed immediately with instant personal loans available on an urgent basis. A Personal loan of 1 lakh is considered to be a small cash loan mainly because the amount is not huge and can be repaid easily within a year in affordable EMIs.
Here are some situations where a personal loan can help urgently
Medical SituationThis tops the list when immediate loans are required. A prolonged medication, immediate down payment in the hospital, clearance of pending bills, or managing admission during an accident. All these instances require extra money that is always not possible from the current salary or income. Hence, a personal loan of 1,00,000 can be of great help.
Urgent TravelA good work opportunity, meeting an ailing relative, or a much-needed break from the busy schedule, an urgent trip can be easily planned with instant personal loans in a single working day. So whether it is booking travel tickets or accommodations, a personal loan of 1 lakh can suffice the need.
Accomplishing educational milestones on time is significant for future success. Missing an admission period of a related course can waste a year if not enrolled on time. Hence, taking an instant personal loan of 1 lakh is ideal to meet urgent educational needs.
Whether it is home or your vehicle, repairs and upgrades are required timely for proper maintenance. Due to other monthly expenses, it is not always possible to spend on repairs. Hence, personal loans approved on an urgent basis can help to meet expenses for urgent repairs.
Besides the basic expenses, there are many major and minor expenses that can be covered with instant personal loans on an urgent basis. For instance, clearing accumulated utility bills, credit card bills, or rent.
SimplyCash is an instant personal loan app powered by Hero FinCorp. It is specifically designed to provide easy instant loans between Rs.50,000 – 1,50,000. The amount is easily available within minutes of approval. The procedure for availing instant 1 lakh loan amount involves paperless documentation and real-time verification. Once verified and approved, disbursal is done in a single working day.
SimplyCash for Instant Personal Loan of 1 lakh
Eligibility Criteria for Instant 1,00,000 loan It becomes essential that you should fall under the eligibility criteria while taking a loan from any lender:
Age criteriaApplicant should be between 21 - 58 years
Minimum monthly income for salariedApplicant should at least earn a minimum amount of Rs.15,000 monthly
Income proof6 months bank statement of a salaried or personal account
Documents Required for Instant 1 lakh Loan
Submission of mandatory documents for an instant loan up to 1 lakh requires:
- Aadhar card and PAN card are mandatory documents when applying for an instant personal loan
- Other important documents include your income details inclusive of income statements/bank statement
- Your account should be in any of the accepted banks as listed in the loan app