Cash Advance Loan In Chandigarh

Cash Advance Loan in Chandigarh 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.

Cash Advance Loan in Chandigarh: Features and Benefits

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:

1. Easy Application for Cash Advance Loans:
   • The registration process with Loan Granted is a one-time activity.
   • The one-time application feature does not require the applicant to go through the entire process to secure subsequent loans.
   • The one-time approval feature does not require the applicants to seek re-approval from Loan Granted for taking another loan. Credit is immediately extended to present customers.
2. Quick Verification & Fast Disbursal of Cash Advance Loan for Salaried Professionals:
   • The loan application is quickly processed and the loan eligibility of the applicant is promptly determined.
   • The loan amount against the salary is immediately calculated.
   • The applicants get online cash advance loan approval, once the documents are verified.
   • The loan amount is directly deposited into the applicant's account.
3. Flexible Payment of Cash Advance Loans:
   • The open-ended payback feature allows the borrowers to repay the amount as per convenience.
   • The borrower can either repay the minimum amount in instalments or make full payment at once without any hassle.

Benefits of Taking an Online Cash Advance Loan with Loan Granted:

• Unsecured Loan: Loan Granted extends a credit of up to INR 2,00,000 as an unsecured loan. The borrower is not required to attach any possession to take this loan.
• Instant Loan: Loan Granted provides an instant loan from INR 500 to INR 2,00,000 to employees after getting the final approval from its team. For existing customers, funds are available within minutes, and for new customers, it takes as little as a few days to get a loan .
• Minimum Documentation: Loan Granted prefers to go paperless and takes only the required basic documents to approve a cash advance loan online.
• Transparency: Loan Granted does not impose any hidden charges during the loan application or loan repayment. All the charges are very clearly stated on the official website.
• Flexible EMIs: As the Equated Monthly Instalments (EMIs) are not fixed, borrowers can choose to pay either the minimum amount or full amount at a time. However, individuals are required to pay a minimum amount every month.
• Any Time Access to Credit: The borrower can access the credit from anywhere and any time as required.
• Competitive Interest Rate: The interest rate on the cash advance loans is very competitive. The company charges interest only on the amount that is withdrawn and not on the amount that is approved.
• No Prepayment Penalty: There is no prepayment penalty charged on borrowers who repay the loan amount before the completion of the loan tenure.

Cash Advance Loan in Chandigarh: Eligibility

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:

• Indian citizenship: The loan applicant must be Indian citizen.
• Minimum Salary: The applicant must meet the minimum salary criterion of earning at least INR 8,000.
• Age of the Applicant: The applicant must be at least 21 years to obtain credit.

Documents Required to Apply for Cash Advance Loan in Chandigarh

For any kind of loan, certain documents are required to verify the borrowers identity and repaying capacity. Loan Granted requires:

• Identity proof such as Passport, Voter's Id, Aadhaar card, Driving Licence etc.
• Residence proof such as Electricity Bill, Telephone Bill, Gas Bill, Rental Agreement, Passport, Ration Card etc.
• Income proof such as Bank Statement, Payslips, etc.
• Pan Card
• Passport size photographs

Loan Amount

Loan Granted extends Cash advance loans from INR 500 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.