To make loan processing digitised, many lenders now have personal loan apps, through which borrowers can apply for a loan online from their smartphone. Compared to offline applications, applying for a personal loan through an online loan app, like the Fullerton InstaLoan app, has several advantages. Some of them include.
Benefits of Applying Loan via Mobile App:
Time-Saving: Borrowers do not need to visit the lender’s office even once. They can apply for a loan directly from their smartphone and get their loan approval within minutes. Since there is no collateral and paperwork involved, the loan processing becomes even faster and streamlined.
Easy Application: Applicants can apply for a loan through a loan app with just a few taps on their touchscreen. Simply download the app and register via Google or Facebook account and provide the required details to apply for a loan.
No Paperwork: NBFCs like Fullerton India have minimal documentation requirements. However, you still need to provide a few essential documents. When you apply through an instant loan app, you do not need to submit your documents physically. You can scan and upload them through the app itself, and you are good to go within seconds.
Download the Fullerton online loan app on your smartphone and avail all these advantages to make your loan process easier and faster than ever before.
