Day-8 of Navratri 2018 approaches, and this gives us a perfect opportunity to access the post approval process for your Navratri Personal Loan. The last 2 days of Navratri are said to be the most festive, which is then followed by the big day of Dussehra. You know how to get an online personal loan, you understood about the easy documentation at Loan Singh, you also got to know what is the digital application process at Loan Singh;

So, today you will understand how organized and hassle free is the post approval process at Loan Singh. Day-8, of the nine days of Navratri, is devoted to Goddess Katyanani who is responsible for emancipating courage. It is time we look to Loan Singh as that option that will give us financial freedom this Navratri and, further, to a prosperous Diwali.

Loan Singh’s Hybrid Lending Platform

Loan Singh’s hybrid lending platform allows lenders to invest and borrowers to avail funds. With personal loan being an unsecured form of credit, there is no collateral to be provided by the borrower. The only way Loan Singh can mitigate the risk of default is by checking each borrower’s credit score. This score tells Loan Singh about your credit repayment history and how diligent you have been with your credit responsibilities. Loan Singh uses your personal details, financial information and social footprint to determine your credit worthiness. No photocopies, scanned documents or reference paperwork is needed.

To cater to the 10 days of festivities, during Navratri, it is obvious that you need a source of funds to celebrate the festival in all its pomp and fervor. Personal loans are unsecured loans that are availed to meet these exact fund requirements. As it is an unsecured loan, it does not require any collateral.

The best place to get a really quick and easy personal loan is a digital lending platform – such as Loan Singh. For salaried individuals, to gather up funds to celebrate Navratri within a short span of time is possible only through digital means; as traditional banking solutions would take up to weeks to disburse the funds. For a personal loan, the borrower’s credit worthiness determines if he/she can pay the loan EMIs regularly and, that too, without straining his/her daily living. Your credit report acts like a gauge for Loan Singh. It shows how prompt you have been in your previous credit responsibilities and how much trustworthy you are. Loan Singh is perfect because of

No collateral – Having no collateral gives personal loan an advantage over secured loan. Even if you do not own any fixed assets, you can at least get funds from Loan Singh.

Multiple purposes – A personal loan can be availed for a number of purposes such as shopping for Navratri, purchasing household appliances, electronic gadgets, purchasing gold, holiday travel, home improvement, relocation of job, medical expenses, home renovation, marriage, etc.

Navratri Personal Loan

To cater to the 9 days of festivities, during Navratri, it is obvious that you need a source of funds to celebrate the festival in all its pomp and fervor. Personal loans are unsecured loans that are availed to meet these exact fund requirements. As it is an unsecured loan, it does not require any collateral.

The best place to get a really quick and easy personal loan, is a digital lending platform – such as Loan Singh. For salaried individuals, to gather-up funds to celebrate Navratri, within a short span of time, is possible only through digital means; as traditional banking solutions would take up to weeks to disburse the funds. For a personal loan, the borrower’s credit worthiness determines if he/she can pay the loan EMIs regularly, and that too, without straining his/her daily living. Your credit report acts like a gauge for Loan Singh. It shows how prompt you have been in your previous credit responsibilities and how trustworthy you are. Loan Singh is perfect because of

No collateral – Having no collateral gives personal loan an advantage over secured loan. Even if you do not own any fixed assets, you can at least get funds from Loan Singh.

Multiple purposes – A personal loan can be availed for a number of purposes – such as shopping for Navratri, purchase of household appliances, electronic gadgets, purchase gold, holiday travel, home improvement, relocation of job, medical expenses, home renovation, marriage, etc.

Being Loan Singh Eligible

Before you begin the quick and easy application process at Loan Singh, check the following eligibility criteria required for a personal loan.

Salaried

To avail a personal loan from Loan Singh, you need to be a salaried individual – with a minimum monthly salary of Rs. 20,000.

Credit score

Loan Singh looks at your credit score, to evaluate your credit worthiness, before approving the loan. A credit worthy borrower is someone who has been prompt in his/her previous loan EMI payments, maintains a good credit utilization ratio, has been paying-off his/her credit card bill on time, and has never overspent over the credit card limit. If you have never availed of a loan before, you will have no credit history. In that case, you need to be salaried for at least 3 months to be eligible for a loan at Loan Singh. The lower your credit score, the lower your chances of being eligible for a personal loan.

Age

You need to be at least 21 years of age, to be considered eligible for availing a personal loan with Loan Singh. As mentioned above, you must be of Indian nationality and salaried, as well.

Financial stability

You need to have a stable monthly income. A good budget is advised to avoid times when you might find it hard to pay-off the loan EMIs.

Click here, to understand everything about credit score in India

Shopping Loan Benefits in India

Loan Singh’s hassle-free process and quick approval shopping loans are perfect for salaried individuals like you who are too busy to even take rest. The attractive EMIs and interest rates at Loan Singh, make shopping loans affordable to repay back. Add luxury to your mundane lives without putting too much strain on your finances.

Your dreams are our dreams. We help turn your dreams into reality. Brand new appliances and electronic products are also needed in case you are relocating due to your job. The job relocation personal loan at Loan Singh helps cover exactly this.

Loan Singh’s easy EMI calculator can help you understand how much you need to pay in order to clear your consumer durable loan. The calculator only needs your intending loan amount and tenure for telling you how much you need to pay each month. The consumer durable loan can be availed between Rs. 50,000 and Rs. 5 Lakhs.

Another huge benefit you have with a Loan Singh shopping loan is that you have the freedom to choose where you want to spend your loan amount on. You can apply for a shopping loan and utilize the cash to spend on an Amazon, some on Flipkart or some on Snapdeal. Unlike so many ecommerce websites that let you gain discounts for possessing a debit card or points of a particular finance provider, Loan Singh’s personal loan can be utilized to be spent on the website you want and on the product you want to spend on.

Click here, to learn about home improvement personal loan in India

Loan Singh’s Post Approval Process

The awesomeness about Loan Singh does not just stop once your personal loan approval is done; you can also look-up to the post approval process which helps you to continue with the digital aspects of personal loan fulfilling.

Amount disbursement

Every borrower, whose personal loan application is ‘Approved’ or ‘Rejected’, gets notified via an email. It is obvious that a digital lending platform, such as Loan Singh, will make use of digital means to inform borrowers of any event. Sometimes, borrowers are found eligible but fall short of an approval due to a missing piece of information or incomplete data. Such borrowers are intimated via an email, SMS and phone call.

Just like the US Military slogan ‘never leave a man behind’, Loan Singh also tries everything to get a credit worthy borrower to avail a personal loan.  In case your personal loan is approved, the sanctioned loan amount is transferred to your listed bank account via NEFT/RTGS payment mode. Netbanking is the fastest, secure and most commonly used mode of fund transfer. It is also advisable to provide Loan Singh with your latest bank statement PDF via your netbanking account. The disbursed loan amount is dependent on your income.

Loan information

Loan Singh’s platform allows borrowers to view all of their loan related information at one place. Each borrower can log on to his/her dashboard and keep track of EMIs paid, the balance amount pending, loan tenure and EMI due-dates.

Repayment

Borrowers can make loan EMI repayments via netbanking or NEFT. Net-banking, being swift, is the best method. You wouldn’t want to miss-out on the EMI payment due-date, would you? Providing a NACH mandate to Loan Singh, authorizes Loan Singh to deduct the monthly EMI amounts directly from your bank account. This auto debit feature ensures you don’t ever have to miss any EMI. In case you miss out on any EMI, Loan Singh will then levy a penalty.

About Loan Singh

Loan Singh is a digital lending platform that prides in providing online personal loan or unsecured personal loan to salaried individuals. You can apply for quick funds as an easy emergency loan which is not a bank loan. We provide a loan with the best personal loan interest rates. The instant funds, or instant loans, are loans between Rs. 50,000 and Rs.5,00,000 taken for purposes such as:

• Home improvement loan/Home renovation loan
• Marriage loan/ Wedding loan
• Medical loan
• Used vehicle loan
• Consumer durable loan
• Vacation loan
• Debt consolidation loan
• Credit card refinancing loan
• Job relocation loan
• Travel loan
• Festival loans
• Gold jewelry loan
• Shopping loan
• Lifestyle loan

You can calculate your easy EMIs using our personal loan EMI calculator. We accept bank statement and PAN, for quick loan approval. A bad credit score or credit report errors can lead to personal loan rejection. The ‘Loan Singh Finance Blog’ is one of the best finance blogs in India. Loan Singh is a product of Seynse Technologies Pvt Ltd and is a partner to the Airtel Online Store.

Loan Singh’s Online Presence

Loan Singh is not an anonymous digital platform. We are present on almost all leading social media platforms. All you need to do is look for us. You can find us on Loan Singh Facebook, Loan Singh Twitter, Loan Singh YouTube, Loan Singh Pinterest, Loan Singh Instagram, Loan Singh LinkedIn, Loan Singh Blogarama, Loan Singh Google Review, Loan Singh Medium, Loan Singh Reddit, Loan Singh Tumblr, Loan Singh Scoop It, Loan Singh Storify, Loan Singh Digg and Loan Singh Blogger.

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