Do you know that it is easier to deal with online personal loans instead of traditional lenders? Online loan lenders may approve borrowers with a wide variety of credit/CIBIL scores. Some may offer both large and small flexible loan amounts. It depends on your borrowing needs. These money lenders online can provide instant funding solutions when you need them.

Searching for a personal loan online is a more effortless rate-shopping experience. You can easily consider and compare many loans offers side by side from the comfort of your home. Many online lenders often offer a prequalification process. You can make loan comparisons without damaging your credit/CIBIL score.

Why EarlySalary?

EarlySalary is preferred by employees, young or old. This is because of its smooth disbursal of loans and user-friendly interface. It provides several benefits through a secured online personal loan app. EarlySalary offers Instant Loans to users with less documentation. They just need to have a salary of ₹18,000 or more every month. Those qualified can apply for loans ranging from ₹5,000 to ₹5 lacs, for rates as low as ₹9 per day. It has also partnered with Amazon and Flipkart for shopping loans too. We have more than 5 lacs happy customers, 1 crore app downloads, ₹5,000+ crores of money disbursed.

Now, let’s look at a few reasons why EarlySalary is one of India’s most preferred personal loan apps! 

Loans up to ₹ 5 lacs

One must opt for a plan that can offer the required sum at a reasonable interest rate. EarlySalary offers higher loan amounts with no collateral or security.

Rapid Processing Times and Application Process

The quicker the loan gets approved, the better it is for the borrower. Choose a lender that does not delay the process by demanding a long list of documents. EarlySalary Personal Loan gets sanctioned within a day after the minimal documentation process.

Flexibility of Repayment

Life can throw curveballs any time. Hence, one must choose low credit score personal loan lenders. They will offer the borrower a flexible repayment schedule. EarlySalary provides Personal Loans that offer the options to increase EMIs with time. It also does not charge any extra fees for the prepayment of the loan.

Attractive Rates of Interest

This is perhaps one of the primary determining factors when picking out a lender. You might find different interest rates on personal loans at different lenders. Some lenders also charge elevated hidden prices like processing fees. EarlySalary has no comparable overheads with local branches. 

Brand Value and Trustworthiness

When it comes to financial matters, the reliability of the lender plays an important role. The applicant needs to verify the lender’s reliability. The lender also does a financial check on the applicant. One must check for online reviews, loan policies, etc., before applying. It is always advisable to stick to the big shots in the market. And, EarlySalary has always been the best with credibility. We have over 5 lacs happy customers, 1 crore app downloads and ₹5,000+ crores money disbursed.

Type of LenderOnline lender
Loan AmountUp to ₹5 lacs
Loan DurationUpto 24 months
Approval Duration10-20 minutes
Repayment DurationUpto 24 months
DocumentMinimal

Conclusion

Online personal loans offer people significant convenience. It can be used to meet many varied expenses. But one must pick only credible personal loan lenders to avoid a financial nightmare. 

Keeping all the above advantages in mind, EarlySalary stands out from its competitors. It is one of India’s most preferred online personal loan lenders.

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