Bangalore, the IT hub of India and by far one of the best cities to reside in, arrives with a lot of advantages, right from job opportunities all the way to a great lifestyle. However, one downside of residing in a metropolis like Bengaluru is the fact that oftentimes our expenses can go out of hand and before we realize we can fall into an unforeseen financial crunch. 

In situations like this, it not only becomes embarrassing for us to ask money from our friends and family, but with the emergence of so many lenders in the marketplace, it can often become confusing to choose the right lender to get an instant cash loan.

While it is true that these days there are multiple ways in which you can get an instant cash loan in Bangalore, and that too in less than an hour, in today’s article, we will share with you the best option in our opinion. 

Thus, without further ado, let’s get started.

What Is an Instant Cash Loan?

One of the first and most important aspects we need to understand is the meaning of an instant cash loan. In simple terms, an instant cash loan is another terminology for a personal loan. An instant cash loan can be further understood as a financial instrument which you can leverage to borrow a certain amount of funds, usually in the range of ₹10,000 to ₹500,000. 

Although the concept of an instant cash loan is not entirely new to India, it has gained a significant amount of popularity in the last couple of years, mainly due to the emergence of lenders who now specialize in rendering this service. One of the best features of an instant cash loan lies in the fact that they arrive with a competitive rate of interest and are designed in a manner such that you have access to the funds when you require them and not at a later date.

How Can You Get an Instant Cash Loan in Bangalore?

Okay, now that you are well aware of the essence of an instant cash loan, the obvious question which must be pondering your mind is, how can I get an instant cash loan in Bangalore?

As I shared right at the beginning of this article, in a metropolis like Bangalore, there are multiple methods you can leverage to secure an instant cash loan, however in our opinion, one of the best is Money View.

What is Money View?

Money View is a Bangalore based lender founded in 2014, which specializes in disbursing instant cash loans and personal loans. Started with humble beginnings, Money View is now one of the leading and most trusted lenders in India, not only for its wide range of offerings but also because it promises a guaranteed disbursement of funds in 24 business hours post-approval.

Features of Instant Cash Loans From Money View 

An instant cash loan from Money View arrives with a number of advantages, the most significant of which are as shared below. 

  1. Instant Eligibility Check 

If you have ever applied for a traditional loan in the past, you are well aware of the fact that most of them have long eligibility checks. Since most conventional lenders in India rely on legacy systems to process their applications, they generally take between 5 to 7 business days to check your eligibility for a loan and subsequently proceed to the next steps of the process. 

On the other hand, if you apply for an instant cash loan from Money View, you can check your eligibility for the same in just 2 minutes. The lender, in this case, relies on modern fintech technology and leverages its power to access your credit history from both CIBIL and Experian and if you have a score of above 750 on a scale of 900, instantly approves your application. 

  1. Loan Amount

Most traditional loans in India arrive with a predefined loan amount, over which you have close to no flexibility to customize as per your needs. 

For example, you can get a home loan for exactly ₹5 lakhs and not ₹4.5 lakhs, and this lack of flexibility often poses a problem to most first-time borrowers. The reason behind this simply being, the more loan amount, the higher will be the interest rate and so on. 

On the other hand, at Money View, you have the complete flexibility of deciding the loan amount you want to borrow. The lender has a bracket of ₹10,000 to ₹500,000, and as a borrower, you are given the freedom to choose any amount in this range. 

This feature not only allows you a greater degree of freedom but also helps you save money in the long run. 

  1. Flexible Repayment

Next to a long eligibility check, the third disadvantage of a traditional loan is the fact that it arrives with predefined repayment terms from the lender. Since traditional lenders only use a handful of measures to check your eligibility for a loan, in most cases, they predefine both the EMI amount you are supposed to pay every month along with the date on which the debit will occur. 

While this is an incredible step from the lender’s perspective since they are essentially limiting their risk in a loan, it puts you in catharsis in terms of better managing your personal finances. 

On the other hand, if you take an instant cash loan from Money View, you have the option of choosing a flexible repayment scheme. Essentially in this mode, you get to decide both the EMI amount you want to repay each month, the date of repayment, and the tenure of the loan, which can go upto 60 months. 

This option not only allows you to take better control of your finances but also saves you money in the long run.

How to Apply for an Instant Cash Loan From Money View?

Applying for an instant cash loan from Money View is as simple as the click of a button. All you need to do is follow the simple steps outlined below, and you will have the loan amount in your bank account within 48 business hours post-approval. 

  • Go to Google PlayStore or Apple AppStore and search for the Money View application. Being one of the most preferred lenders among borrowers, it is guaranteed that you will easily find it. Download the application on your smartphone and complete the installation process. 
  • Once installed, open the app and start the application process by first sharing your Aadhar linked mobile number. 
  • Share the OTP you just received with the lender and proceed with the application by sharing your personal information, which includes your full name, email address, Aadhar Card Number, PAN Card Number, etc. 
  • Share your income information with the lender, as in salaried or self-employed, followed shortly by uploading your income certificates as proof. 
  • Enter the loan amount you require, fine-tune the repayment cycle and complete your application.

In Conclusion:

We agree that being in a financial crunch of any kind can be a huge stressor, especially if you unknowingly stepped foot into one. However, now that you are aware of how you can get an instant cash loan in Bangalore in less than an hour, it is certain that you will overcome your despair in no time. 

So go ahead and apply for an instant cash loan today.