Nowadays, loans have come up with the significant feature of e-approval with digital lending. The online service has cut down the previous tradition of loan where you have to go to lending institution first then there you had to fill an application form and to submit piles of papers. However, loans with e-approval will be sanctioned within a day in a hassle free manner.

This online feature of loans make the instant e-loans great for any kind of financial emergency where the funds are required for medical urgency, for quick travel plan, for debt consolidation and even for buying a new home or a car and for many other things. We at ShubhBank understand the importance of time and your needs, so we have the facility of e-approval to assist you in financial emergency.

In this article, we will guide you through some of the features offered by ShubhBank on online loans:

→ No physical documentation: Our bank offers you a loan with zero legwork and paperwork. However, few documents are required to “APPLY FOR A LOAN“ which may include age proof of the borrower’s address as well as income proof which can be submitted online with an ease. One has to submit scanned copies of the entire documents on our lending portal.

→ Fast processing: At ShubhBank, you loan application will be approved within a day as it offers you an e-approval. If you meet the eligibility criteria asked by the lender and all went right then you will get an approval message on your phone within few hours.

→ Help by loan executives: When you avail a loan from ShubhBank, our loan executives are always ready to help you and guide you through entire loan processing. Therefore, if you have any doubts or queries regarding a loan processing, you can get in touch with our executive and get all the answers that you want to know.

→ Quick disbursal: As we have mentioned above that loan approval by us takes only few hours and the loan and the loan amount is disbursed to your bank account within a 24 hours of approval.

→ Affordable interest rates: ShubhBank offers comparatively lower rates of interest as well as lower processing fees for instant e-loans which vary depending upon certain factors such as loan amount, repayment period and your debt-to-income ratio. We have zero hidden charges and processing fees is only 1-2% of your loan amount.

→ Secure platform for borrowing: We at our lending institution understand and respect your privacy. Therefore, your personal information I never shared with anyone. Moreover, we also understand the significance of the details you provided us. For the safety of our borrower’s details, all the transactions on our website happen through secure server.

Hence, all that it takes is just few quick and simple pointers to “APPLY FOR A LOAN ONLINE“ at ShubhBank. Our instant e-loans are the quickest and effective for both the lender and the borrower. So, what are you waiting for, if you are also in need of financial assistance, then a loan is just a few clicks away.

A loan is a form of credit or called as savior that can help you to meet financial exigencies with several other benefits. People can use it for travel expenses, home renovation, wedding or buying their favorite gadgets etc. Loans have wide scope and the options for repayments are aplenty.

However, when you “APPLY FOR A LOAN“ the process seems to be overwhelming sometimes especially when you don’t know where to start and how to do it. In this blog post, we will guide you with some tips that how you can get the funds without any hassle. Have a look on such hacks:

✓ Understand the loan process: Every lending institution has own loan norms and process, so understanding that process as well as getting prepared beforehand will ensure you to access funds quickly. While extending you loan money, lender will check your employment status, salary slips and credit score etc. One can also check his/her eligibility through lender’s website or assistance through phone by loan representative.

✓ Understand the documentation: Once you apply for a loan, the financial institution will ask you for some basic documentation to verify your credit worthiness and financial status. To illustrate, if you apply for a loan at ShubhBank, a borrower needs to submit a copy of their identity such as Aadhar card or passport, a copy of PAN, latest bank statements and credit card details to set up an e-mandate.

If you have all these documents in hand, you can avail any kind of loan to fulfill your financial goals without any trouble.

✓ Start your loan planning early: It is the most helpful tip to get a loan which means if you have an emerging financial need then start researching for loan in time. Go online and compare different lenders and the interest rates offered by them to get a best deal for your financial requirements.

Get a look on all the aspects of loan such as required loan amount, repayment and the time it will take to pay back entire amount. Planning such things early can help you to get best fit for loan and avoid unnecessary stress.

✓ Plan your EMIs well: A good financial plan will help you to accommodate your monthly installments for the loan easily. One can also use a different bank account for their loan repayments to avoid any delays in the EMIs. An individual can also invest their money simultaneously and utilize such returns to repay the loan.

✓ Get a financial expert: Taking an advice from a financial expert will help you when you get stuck in any financial situation whether it is choosing a suitable loan product, repayment planning or understanding the impact of loan on your financial health etc.

Hence, you can get a loan easily by following such simple tips or hacks and there is no need to go out of your way. One can “APPLY FOR A LOAN ONLINE“ after a mere research, planning as well as dome expert advice. Keep these tips and tricks in mind to meet unforeseen expenses without any hassle.

Today, there may be numerous reasons that may prompt you to avail a loan for your financial needs whether it is to pay for hospital bills, buying a new home or vehicle, higher studies, business needs or even consolidating your debts. The convenience and easy application for loans make them a popular financial tool among people. You can “Apply For Loan“ despite of taking it as liability as there are flexible repayment options offered by the lenders these days.

In addition to that, getting a loan can help you to attain a strong credit report with a positive repayment history. Therefore, when you want to avail higher credit in future, such as business loan or home loan, lenders will review your application favorably because you would already have proved yourself as a low risk borrower. Now, we will take a look on some of the top reasons for which people avail a loan:

✓ To fulfill personal aspirations: Every single person has a set of aspirations that they want to achieve in their lifetime such as buying a fancy gadget, home renovation or buying a luxury car. A loan can help you to meet all these aspirational purchases because most of people still live on fixed monthly income.

One does not need to dig into his/her emergency funds to finance these expenses ensuring your loved ones are taken care if you are not there. A loan can help you to make these purchases easily and you can pay the lender in easy installments. You can also use EMI calculator to get an estimate of your installments and set budget accordingly.

✓ To consolidate the debts: In case, you have missed some of your previous loan EMIs or credit card bills then you have fallen into a debt trap. One can use a loan as financial route to consolidate such debts to tackle the situations and bring all your financial liabilities under single roof. Moreover, when you bring multiple repayments to a single monthly payout, it will help to boost your credit rating.

✓ To fulfill business needs: The major challenge in setting up or expanding a business is to find a funding for it. It is a fact that everyone is not blessed with significant savings so to overcome such scenario, opting a loan could be a best way to fulfill your business needs.

You just have to meet basic eligibility criteria proposed by the lender with a robust business plan. Once you fulfill the criteria, your loan will be disbursed into your bank account and you can utilize it to fund various business operations.

✓ To meet emergencies: However, you are prepared with some savings but future is unpredictable and you may face some circumstances where you are not in position to meet the financial expenses such as medical bills, emergency travel and car breakdown etc. therefore, you can “Apply For Loan Online“ to meet the entire expenses.

Hence if you need a quick flow of cash, a loan is undoubtedly the best way out. One can avail a loan after reviewing all the terms and conditions as well as the interest charges applicable on it to make the loan journey stress free.

Nowadays, living expenses in the modern world can be a burden on your wallet because of sky rocketing prices of goods and services and it is hard for a salaried individual to sustain on monthly earnings only. Financial crunch can hit you anytime without a warning, so it is important to have enough funds to handle these unexpected expenses.

Either it is a medical emergency or working capital requirement, loan from ShubhBank can rescue you from this stress. You might be worried about the time consuming process of getting loan but with our institution you can “Apply For Loan“ with a minimal documentation and get disbursal in less than 2-3 business days.

It would be a complicated for the borrower to zero in on a perfect lender as some lenders have stringent eligibility criteria as well as charge high rate of interest. To avoid the need of piles of paper and to enjoy the low cost borrowing, one can rely upon ShubhBank as it provides lots of benefits while fulfilling your financial needs. Let’s read out the listed points:

→ Budget friendly loan: Our lending institution provides a user friendly platform to avail any financial product or service. You can also apply for a specific loan online from your smart phone or laptop at our website. If you meet all the eligibility criteria, your loan gets approved instantly by our bank.

→ Lesser documentation: The loan solutions from our institution provide the desired loan quantum with minimum hassle and less paperwork. A potential borrower has to submit or upload the basic documents such as Aadhar card, income proof, residence proof, credit score etc. while getting a loan.

→ 100% safe and secure: Our whole loan process whether it is online or offline, is 100 percent safe. The primary concern of ShubhBank is to keep the borrower’s information safe and secure. We are known as trusted platform that provides fast and secure loan procedure for their customers. The loan executives in our firm keeps your personal and bank details encrypted.

→ Fast disbursal: We value your time and understand your urgency, so try to disburse the loan as early as possible. Our loan solutions are processed within 1-2 business days making ShubhBank the first choice of every borrower in need of urgent funds. One can “Apply For Loan Online“ while sitting in their personal space. Therefore, if you have great credit rating, the loan amount is disbursed within 48-73 hours without any hassle.

ShubhBank has an aim to offer financial help to all the needy borrowers in a smarter and convenient way. So, valuing your efforts and time, we provide you a fastest access to our funding option at our branch as well as on digital platform. The whole loan process at our lending institution is stress free and you going to have seamless experience.

We assure you that you will not find a platform like us where you can avail a wide range of financial tools and services to meet up your financial urgencies. So, don’t waste time in wait. Visit us or apply online for the required loan at attractive rates of interest.

The collateral free loans refer to the term where a borrower doesn’t need to pledge any asset or security against the loan money. The loans are approved on the basis of client’s current income, cash flow and credit rating to ensure the repayment of loan on time. Collateral can be any of your personal or business assets that acquire certain financial value against the borrowed money.

One can “Apply For Loan“ to fulfill the personal and business purposes without pledging any security. Most of the popular collateral-free loans are Personal Loans and Business Loans. The amount of loan sanctioned purely depends upon your credit score. So, now you have better understanding of collateral-free loans, here we have listed some of the benefits availed from security free loans making them an ideal choice for borrowers.

● No security required: As the name indicates, these loans are free from the requirement of any asset from the borrower. Lender will not compel the customer to risk his/her valuable asset for availing a loan. Therefore, by removing this obligation, it allows the borrowers to remain stress free about debt burden and use the amount to tackle their financial crunch without losing any asset.

● Build your credit history: Since collateral loans remove the requirement of any security but it is based on most important aspect which is borrower’s credit worthiness. Every lender approves the collateral-free loans based upon the clean credit history and good credit score of their client.

If you are a first time borrower, then unsecured loans can be great way to start working on your credit score. After availing the loan without pledging any asset, make sure to pay the loan EMIs on time to build up your credit score over the time and get eligible for big ticket loans in future.

● Quick loan approval: In case of secured loans, lenders take long time to approve the loan as they need much time to evaluate the value of the possession submitted as collateral and thereby finalizing the loan quantum. However, collateral free loan eliminates this need and loan mount is approved and disbursed quickly.

As one of the reputed lenders, ShubhBank sanctions the collateral free loan in a few minutes after evaluating your eligibility and funds are reflected in your bank account within 24-48 years.

● Flexible payments: Sometimes unsecured loans are restricted by limited repayment options but most of the lending institutions like ShubhBank offer variety of repayment options to make the loan journey as smooth as possible. We offer collateral free loans at nominal interest rates with flexible repayment structure.

Hence, collateral loans have become ideal choice to the dilemma of the loan seekers who don’t want to risk their assets in the loan process. Moreover, it helps the borrower to build a credit score and helps to “Apply For Loan Online“ or offline in future at competitive interest rates. If you are looking for easy and convenient collateral-free loans, visit the ShubhBank and avail the useful features such as fast online processing and flexible tenors on unsecured loans.

Many of us are not able to fulfill their dreams with our savings; therefore people turn to financial tools such as loans or credit cards. These loans can fulfill all your needs whether for buying a home, vehicle or those who want to pay for higher education or wedding. One just thinks of his/her needs and lending market has a customized offer for you. There are number of secured or unsecured loans which are easily available in market and apply for a loan.

Nowadays, loans are easily accessible and majority of people are able to take the advantages of these financial tools. However, your eligibility helps you to avail any kind of loan but it’s more important to manage the loan repayments as it has a huge impact on your credit history. Here, we have listed down some of the tips to manage your loan payments easily.

Create a budget: Before you “Apply For Loan“ work out on your financial planning. Always make yourself sure of debt to income ratio and savings to pay the monthly installments. It is of great importance to scrutinize the terms and conditions of the loan that it doesn’t impact your credit score and you have to shell out more money than your earnings. Hence, do a proper search and stick to your budget plan and get a loan accordingly.

Timely payments: It is really important to make regular repayments to make your loan journey stress free and joyous experience. Never let your repayments to pile up as it will only accumulate additional costs such as penalty and have an adverse effect on your credit history. Loan repayments should be your top priority to have a good financial health. When you can’t remember the due dates of loan EMI’s, set out an auto debit facility for repayments.

Prioritize high interest loans: The loans which have long tenure are always opted for lower rate of interest where as short tenure loans charges you high rate of interest. It is always advisable to pay off the loans that have higher interest as it will help you to reduce the debt burden. You can also take the advantages of tax deduction on some loans.

Seek some financial advice: After following such tips, if you are still unable to manage your loan repayments and getting into a debt trap, then I’s a high time to seek an advice from financial expert. He/she will guide you through all your financial worries and offer you a credible advice and remedies to lower down your debt burden. These experts may charge you some fees but saves you a lot of bucks.

These financial solutions are meant to help you in fulfilling your requirements whether you “Apply For Loan Online“ or offline and repaying your loan EMIs on time can make your loan journey more fun for you. It is important to inculcate some financial discipline to take benefits of these wonderful and easily accessible financial tools that make your present and future easy and enjoyable.