Published on: 19 October 2021
Modified on: 29 May 2023
With personal loans helping you manage both calculated and sudden financial needs, it is no surprise that these unsecured forms of credit are becoming increasingly popular. As you can avail of funds instantly using these loans, managing unforeseen needs becomes easier.
After all, emergencies can knock at your door without prior warning. During such instances, an instant personal loan comes in handy as you can get the required funds at short notice. One financial platform you can rely on for instant loans is Fibe.
For instance, if you want a Rs.1 Lakh loan to help you manage your medical bills or for any other financial emergency, you can easily apply online with minimal documentation to get funds directly into your bank account.
Read on to understand the features, eligibility and process of availing a loan of ₹1 lac at Fibe.
There may come a time in your life when you may wonder, “I want a Rs.1 Lakh rupee loan urgently – what should I do?” Firstly, do not panic. Experiencing a shortage of finances at least once in life is a common issue. Dealing with this shortfall is all about making informed decisions.
As personal loans are unsecured forms of credit, there is no need to pledge your collateral when applying for this loan during an emergency. To know how a Fibe Emergency Loan can be an ideal solution, check out the following advantages:
If you are thinking, “I want Rs. 1 Lakh rupees urgently”, the first step to take is to check a lender’s eligibility criteria to know if you qualify for a loan. At Fibe, we make this simple.
Our eligibility parameters are easy to meet, so getting the required funds during emergencies is no more a hassle.
Here are a few eligibility terms of a Fibe personal loan:
Once you meet the required eligibility criteria, getting approval for an instant loan is no herculean task. Simply submit the required documents and get funds credited to your account within a few hours.
Here is the document checklist to keep in mind:
To ensure hassle-free and quick approval of your one lakh loan, upload all these documents in a PDF format. Before uploading, make sure these documents are self-attested.
Whether you need five lacs or a one lakh lac loan, Fibe offers instant funds to help you meet your urgent needs. One of the essential benefits of opting for a Fibe loan is that you can obtain the required funds within a minimal timeline. With Fibe’s quick cash loan processing time, your documents are verified in a jiffy.
Another advantage you can benefit from is that Fibe does not ask about your credit score. Yes, you read that right. While most lenders give loan approvals only if you maintain a good credit score, you can get a Fibe Emergency Loan with a low credit score or even without a credit score. With Fibe’s alternate credit scoring mechanism, it is easier for you to qualify for a loan. With timely repayment of your Fibe loan, you can also build your credit score slowly and steadily.
To make the most of all these benefits, get started now and avail of a Rs.1 Lakh loan at Fibe. Simply install the Fibe app or visit the website and apply for a personal loan hassle-free. Fill in the required details, submit the necessary documents, and you are good to go!
You can easily calculate the EMI for a Rs.1 lakh loan using the Fibe personal loan EMI calculator. Input the loan amount, tenure and interest rate to calculate your EMIs instantly. For instance, if you opt for a tenure of 12 months at a 14% interest rate, you may have to pay approximately an EMI of ₹9,500 per month for a one lakh loan.
Simply visit the Fibe portal or download the Fibe app and apply for a personal loan to meet your emergency financial requirements. Check your eligibility and submit the required documents to get funds credited to your account immediately after approval.
When availing of any form of credit, it is important to submit your KYC documents. Provide your ID and address proof along with recent bank statements to get a personal loan instantly at Fibe.
The interest rate depends on several factors, such as your employment status, monthly income, loan tenure and the loan amount you wish to borrow. At Fibe, you can get a personal loan at cost-effective interest rates.
Category : Instant Cash Loan
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