Fast cash loans are short-term loans that you can avail within 2 hours of loan approval. While availing loans from banks involves a long process with a lot of paper work, a fast cash loan can be availed with minimal efforts from the comfort of your space. This is because you need not visit any bank to apply for the loan; the application process to disbursal is all done online.
At , you can apply for fast cash loans for any personal expense. So, if you meet with any unplanned or planned expense, you can borrow money without hesitation.
Loanbaba can respond to your fund queries within a few minutes, disbursing the amount directly to your bank account. The loan is collateral-free; no assets are to be pledged to get the funds. There is no restriction on how you want to use the funds. Many use the short-term funding for immediate expenses (medical contingency, vehicle repair, home renovation, pay education fee of children, big-ticket purchase, travel, debt consolidation, etc). The loan can be applied online on the website Loanbaba, and its mobile application. Download the mobile app here. The eligibility criteria are simple. The applicant must be a salaried person above 18 years of age with a minimum monthly income of Rs. 25,000. Disbursal takes as less as 2 hours, so the applicant can avail cash within no time for emergency needs. Borrowing is for a short-term up to 6 months, making the interest payout not heavy on pockets. There is no prepayment penalty. One can close the loan anytime by making the payment for the outstanding amount. Continue Reading Why are Fast Cash Loans Applied for by Indian Citizens?