We are in a time where there is a lot of competition in the lending sector. The competition is so intense that it is difficult to get any loan.
Jaldi Paisa provides personal loans at low-interest rates. You can get a personal loan of up to Rs.25 lakh to cover any sort of cost. Jaldi Paisa has a loan approval rate of up to 92%.
The loan payback period is variable and can be extended for up to 5 years.
Jaldi Paisa Instant Loan Quick Recap
|Interest rate||12% p.a.|
|Loan Amount||UP to 25 Lakh|
|Loan Tenure||5 years|
|Credit Score||Minimum 700 required|
|Eligibility Age||21 years to 55 years|
|Eligible For||Self Employed/Salaried Person|
Benefits of Jaldi Paisa Personal Loans
Quick application process: The process for applying for a loan is often perceived as difficult, time-consuming and overwhelming. Jaldi Paisa is offering an instant loan process.
Good customer care service: When a customer comes to you, he is usually looking for information about your company. You can search for that information in various sources and update the customer accordingly. Customer service representatives are tasked to assess the information and provide it to customers in a timely manner.
Easy eligibility check process: A simple eligibility check process can help in identifying possible customers that meet certain criteria.
Fast & Quick disbursal of the loan amount: Jaldis is a fast and convenient loan application that provides you with easy access to quick and fast loans. Let’s say you want to buy a car but cannot afford the price. Jaldi Paisa is a fully automated loan application that helps you to buy your dream car quickly and easily.
Higher Loan amount available: Jaldi Paisa provides traditional loans at a lower rate to the people of India. The lending company is offering up to 25 lakhs of loans with up to 1.5 interest per month.
Flexible loan repayment period: The current loan repayment period is very fixed. As the interest rate rises, the length of time that a borrower remains in arrears increases. The new rules can be used to extend the repayment period and allow borrowers to repay their loans over a longer period of time.
Also Read: Cashe Personal loan
Jaldi Paisa Personal Loans Fees & Charges
|Interest rate||12% to 20% per annum|
Jaldi Paisa Loan Eligibility Requirement
1. The applicant’s monthly income checks in at Rs.25,000.
2. The applicant is found to be in employment with a reputed company for at least 2 years
3. The candidate must be at least 21 years old. The maximum age restriction for applying for a personal loan through Jaldi Paisa is 55 years.
4. Applicants having a credit score of at least 700 will be preferred. Slightly modified from my previous article on the same topic.
Documents Requirement For Jaldi Paisa Personal Loan
The Jaldi Paisa Personal Loan is a loan that is offered by the Jaldi Paisa Bank. It can be used to pay for a variety of things, including education and medical bills.
Fulfil the following documents for the Jaldi Paisa loan:
- Proof of address required
- Aadhaar Card required for Address Proof
- Pan card required as address proof
- Recent passport-sized photographs
- Bank statements for last 6 months
- Recent Salary slips of 3 months
- Form 16 of last 2 years required
Also Read: MoneyTap instant loan apply
How to Apply For Jaldi Paisa Personal Loan
Check out the step by step process for Jaldi Paisa Loan:
- Jaldi Paisa’s official website can be found here.
- Go to the ‘Products’ tab from the top menu on the main page.
- Under the ‘Consumer Loan’ heading, select ‘Personal Loan.’
- You will be taken to a new web page, where you will see a form on the right side of your screen.
- Fill up the areas on the form with your name, firm name, monthly salary, contact information, and address.
- Once you’ve completed all of the fields, click the ‘Submit’ button.
- After the preliminary information has been checked, you will be told whether or not you are qualified for the stated loan amount.
- Following that, you will be needed to provide digital copies of the relevant papers.
- After the papers have been reviewed, you will be contacted if the loan has been approved.
- After the loan is approved, the funds will be sent immediately to your bank account.