Cash Advance Loan in Jammu and Kashmir from Loan Granted is a quick way to get access to money when an emergency strikes the hardest. Life is very uncertain even for those who have a plan for everything, and to deal with unforeseen events, availability of immediate cash or monetary assistance is invaluable. A cash advance is a type of short-term loan that is granted against the salary of an individual.
Generally, a salaried employee, whether with high paying job or a low salary work, uses the salary to pay bills, buy daily or monthly groceries, pay off debts or EMIs, buy insurance policies, shop for essentials, enjoy fun activities, and so on. Yet, salary is a constricted earning that is mostly consumed by mid-month. Thereafter, the financial pinch is felt until the next pay. In these money constricting days, if an emergency strikes, taking a cash advance loan can be beneficial.
Loan Granted is a loan offering from Vivifi India Finance Private Limited, a non-banking finance company (NBFC) registered with the Reserve Bank of India (RBI). Loan Granted offers up to INR 2,00,000 as cash advance loan in 1 day for existing and pre-approved customers. The loan application process with Loan Granted is very simple, paperless and hassle-free. The company quickly evaluates the cash advance loan eligibility of an applicant and immediately calculates the loan amount to be approved.
Let us look at the features of Loan Granted:
Benefits of Taking an Online Cash Advance Loan with Loan Granted:
Loan Granted offers instant credit to salaried professionals with immediate financial needs. However, the eligibility criteria to apply for a cash advance loan online with Loan Granted are:
For any kind of loan, certain documents are required to verify the borrowers identity and repaying capacity. Loan Granted requires:
Loan Granted extends Cash advance loans from INR 4,000 to INR 2,00,000 for salaried professionals. The loan amount is approved against the salary and varies as per the individual's eligibility criteria.
Generally, salaried professionals apply for a cash advance loan to meet unexpected emergency needs such as medical, financial, personal, or professional. Salaried individuals broadly take loans to pay off debts, to sponsor children's education or upgrade skills, or to meet the festival expenses. The loan amount is also used to meet wedding expenses, renovate home, go on a short vacation or trip, buy new electrical appliances or gadgets, pay rent and so on.
The loan tenure with Loan Granted is up to 3 years. And, the borrowers can select a loan tenure as per their convenience.
Yet, it is advised that borrowers must make regular repayments to build, maintain and improve their credit scores. A good credit score means lower interest rates.
The online loan application process with Loan Granted is a simple 4-step activity.
Step 1: Go to the official website of Loan Granted and register as a new user.
Step 2: Fill the online application form.
Step 3: Submit all the required documents online for verification.
Step 4: Once the documents are verified, the approved loan amount is transferred to the account.
Loan Granted provides cash advance loan for emergency needs to the under-served and subprime salaried employees. The company does not differentiate among its applicants but advises borrowers to use the loan amount wisely and make regular monthly payments to improve creditworthiness.