Line Of Credit Loan in India from Loan Granted provides quick and prompt solutions for individuals dealing with the unexpected financial crisis. It is hard to make ends meet before the salary is actually credited to the account, and sometimes it even becomes harder to acquire access to immediate cash in crisis time. Loan Granted helps in addressing such issues and provides line of credit loans to meet the immediate needs of people in financial trouble.
These days, traditional lending is not considered flexible, hence the need of the hour is well served by the line of credit loans. Loan Granted comprehends the monetary demands of an individual and approves the maximum amount of money as a line of credit loan which is referred to as credit limit, thereby providing an option to choose and withdraw any amount up to the maximum credit limit. For any unplanned emergencies, managing the expenses can be solved through line of credit loans. A line of credit is a predetermined amount of money where the maximum amount can be withdrawn from the credit limit and the interest will only be paid on the amount borrowed, against a set period of time.
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). It offers India’s quickest online line of credit loans with disbursal in just 24 hours and a loan up to INR 5,00,000 by not compromising on any guarantees. The loan can be processed further with certain eligibility criteria and the submission of basic documents. Loan Granted is offering a line of credit loan with appealing benefits mentioned below:
Loan Granted understands that an individual might face any financial emergency in his/her life and we serve as an immediate rescuer to help solve their financial related troubles very easily; by providing a line of credit loan for salaried professionals. This loan helps in affording the costs of car repairs, home maintenance, credit card debts or medical bills. No compelling reasons to check on the line of credit loan eligibility. Listed below are the eligibility criteria that are required to get line of credit loan approval online.
Listed below are the documents required to get line of credit loan approved online at Loan Granted:
Avail line of credit loans from INR 4,000 to INR 5,00,000 with Loan Granted. The applicants utilize the loan amount for reasons such as day-to-day living expenses, debt consolidation, credit building, vacations, professional or any other medical emergencies.
The tenure of a Loan Granted line of credit loan is up to 3 years.
Here is the step-by-step procedure to get line of credit loan in a day:
A Line of Credit loan through Loan Granted offers huge benefits to the salaried professionals to meet their financial needs. The best part is the applicant will only be charged for the amount that is withdrawn regardless of the amount sanctioned to the applicant, thereby making the repayment easier for the borrower with their selected repayment period and flexible monthly payments. These finances can serve uncertain and immediate requirements in the family, kid’s education, home repairs, etc. The company does not impose restrictions on the usage of the loan amount but advises to utilize the loan amount in a wise manner and make regular monthly payments to improve creditworthiness.