A Loan which is availed by an individual to fulfil a financial emergency or an urgent need is often known as a Personal Loan. Mostly unsecured in nature, it is often used for medical emergency, wedding, higher education, home refurbishment and so on.
The Application Process
While a Traditional lender asked for multiple branch visits and physical documentation to complete the application process. The entire process for Personal Loans has been revolutionised with the fintech enablers like LoansJagat, which allow individuals to not just apply online itself but also complete documentation online and get approval without visiting any branch location. LoansJagat helps applicants to get the best Personal Loan offers in a quick and simple way.
Instant Personal Loans with LoansJagat
LoansJagat enables the best personal loan offers basis three simple questions, which helps LoansJagat to assess the need and provide the best fit offers from over 40 lenders including top Banks and NBFCs, the basic steps are:
- Answer Basic Questions
- Check Loan Eligibility
- Apply Online or Offline
A Loan Applicant gets the best personal loan offer which is based upon the best match using the advanced machine learning algorithm that matches one’s financial needs and the best offer from lenders to match that.
Unlike the traditional lenders who required a long list of documents, LoansJagat enables a simple documentation process where one can submit everything online and there’s even an option to do offline documentation with a dedicated relationship manager allotted to every individual. Here’s a generic list of documents needed:
- Passport Size Photograph
- Identity Proof - (Aadhar, PAN, Passport, DL or Voter ID)
- Residence Proof - (Electricity Bill, Mobile Bill, Water Bill)
- Latest - 3 Month Bank Statement
- Last 3 months salary slips
- Submit documents either online or offline as per availability
The LoansJagat Benefit
LoansJagat has experience of disbursing more than 10,000 loans over the last 16 years and has received several accolades and awards from the best Banks, NFCS and top organisations.
LoansJagat has been a professional loan advisor for the last 16 years and uses this experience to offer a mature product and advise not just for Personal Loans but Business and Professional Loans as well.
Every applicant gets a dedicated relationship manager with LoansJagat who helps applicants to complete their loan applications quickly and in a smart way.
Complete Data Security
LoansJagat has an encrypted online platform and ensures complete security of all information including the personal details.
Associations with Top Lenders
LoansJagat has an association with over 40 banks and NBFCs to offer the best personal loans as per every individual’s needs.
Are you a salaried professional looking for a personal loan? or even a self-employed professional, LoanJagat provides a quick and easy platform to avail personal loans, after answering quick questions about the requirements one can submit their loan needs and LoansJagat then uses advanced machine learning to offers the best matched personal loan offerings from over 40 banks and NBFCs. One can then simply choose the best fit loan after visiting criteria like interest rate, processing fee, and tenure.