5 Easy Steps to Get Instant Personal Loan
Personal loans are one of the best types of unsecured loans as they not only have the benefit of no security or collateral, but they are also available with just a click. Personal loans are perfect to fund your purchases or your needs instantly. Right from consumer durables items to travel costs to even emergencies, personal loans are a great choice to fund these.
Funds are disbursed almost immediately and the waiting period is extremely short. They also have the choice of repayment in monthly instalments making it easy on your pockets and giving you the flexibility to adjust your monthly budget. Other than the plethora of benefits they also play a huge role in boosting your credit score. By just making sure you make all your payments on time, you can easily get your credit score on the positive side which in turn helps you get lower interest rates on your future loans.
ZestMoney gives you a plethora of benefits including shopping for any product like clothes, home appliances, electronics, etc. or availing of any services including Health Insurance, Life Insurance, Travel, etc on EMI. ZestMoney also has numerous retail partners like Croma, Reliance Digital, etc. with whom you can shop for your favourite products and services. With a simple process, you can choose the EMI plan that suits your individual needs.
With ZestMoney,  you do not have to worry about having a low credit score or minimal credit score. Not only that, but you also do not have to worry about the burden of one-time payments or additional costs like preclosure or application fees.
So, here is a guide on How to Get Instant Personal Loan in just 5 steps.
- Signup with ZestMoney
The first step in availing your instant loan is to sign up with ZestMoney. All you have to do is provide your details and verify your phone number.
- Activate your Credit Limit
The next step in how to get instant personal loan, you have to activate your credit limit on the ZestMoney platform. To do this you have to complete an eKYC process by submitting required documents like ID Proof and Address Proof. You should also set up your repayment to activate and access your credit limit.
- Shop with any Retailer
Once you activate your credit limit, you can shop with any of ZestMoney’s partners to build your credit limit. You can shop with any of the retailers including Amazon, Croma, Lee, Myntra, etc. for the products and services of your choice.
- Become Eligible for Personal Loans
With the continuous building of your credit limit through consistent repayments for your purchases, you will become eligible for availing an instant personal loan. Now, you are eligible to take an instant personal loan with flexible repayment schedules on ZestMoney.
Your process for getting a personal loan is simplified through the Pay Later App. With a smooth and uncomplicated process, you can get your instant loan within just a couple of minutes.
- Avail a Personal Loan
Now you can get your personal loan without the hassle of submitting any extra documents. You can also choose your tenure of repayment starting from 3 months upto 9 months, catering to your individual needs and necessities.
With ZestMoney’s Pay Later App you can now get a personal loan without thinking twice about budget constraints or even worrying about your credit limit.