Posted on Friday May 17th, 2019

Nowadays you can tap to get a paperless personal loan in India. In past few years, Indian economy is going cashless, therefore many banks and NBFCs are also indulging in the process of online lending rather than picking the traditional form of paper documentation. Going paperless is not just about saving papers in receiving and sending funds but also handing every type of documentation. In this way you can save a good amount of time by getting your loan approved through few clicks and you can also join the group of ‘Go Green’. You can go with Paperless Personal Loan at ShubhBank to avoid human interventions in loan transactions. The paperless loan is the quickest and simple process for the lender as well as borrower.


• There is no need to visit the financial institution as the application process is online. All the required documents can be uploaded online to get the loan approved and sanctioned.
• If all the required details are furnished along with application, loan can be disbursed to borrower as quickly as within few days.
• If you are capable to repay the loan amount, your e-approval is guaranteed.
• Your provided information is 100% secured.
• The rate of interest is low.

To enjoy the benefits of paperless personal loan, you simply have to complete the loan application form on our website, When the application gets processed, the portal will show you the best loan offering you are eligible for with other details. If you want to apply, upload all the required documents and proceed. Now you will get a call to verify all your details and if everything goes right, just verify the loan offer and sign the agreement. After receiving your loan agreement the loan quantum will be disbursed into your bank account. Along with this application form,you have to submit documents such as ID proof (PAN card/Aadhar card/voter ID), residence proof (Election ID card/passport/driving license), age proof, and bank statement of past 6 months. The rate of interest will remain same as in traditional personal loan; it is just to make your life easier by eliminating the need of tedious paper documentation.

The terms and conditions will not change whether the loan is paperless or in traditional format. The paperless personal loan is just a convenient facility that is offered by the financial institute to move closer to digital economy. We will not charge on paperless loans as everything is through online portal and quicker than ever. The loan users are growing day by day and with the help of online documentation, everyone is making use of this facility to the utmost. Nowadays, India is getting better in digitalization and looking forward to encourage more cashless payments. The Online Personal Loans from ShubhBank can contribute greatly towards uplifting anyone’s lifestyle instead of carrying a debt on a head. So stop piling up papers instead have a soft copy of all documents to save time, money and effort.