InstaPaisa makes it easy for consumers to access personal loans easy, quick and affordable. InstaPaisa will automatically pull the required bank details, such as CIBIL scores, Mobile data, PAN number and bank statements from the internet and your smartphone.
- Website: https://www.instapaisa.com/
- Mobile App: Android | iPhone
- Telephone Number: +91 1140 472 472
- Founded: 2015 (5 years ago)
- Company’s Rating:
With your INSTPAISA online account, you can apply for personal loans anytime from the convenience of your home. You can access your online account anywhere, provided you have a PC, tablet or mobile phone, and of course internet connection. In this guide, we will be talking about the process applying for a loan through the provider’s platform.
HOW TO APPLY FOR A LOAN
It’s very easy to apply for a loan through INSTAPAISA’s platform. You will need a computer and reliable internet connection. When you apply, the provider will help you find the right lender according to your credit profile. And approval is in minutes. Here are the steps to successfully do so:
Step 1-Open https://www.instapaisa.com/ in your web browser
Step 2-Click ‘apply now as shown in the image below
Step 3-Enter your name as it is shown in your Income Tax Returns or PAN Card, where you heard about the INSTAPAISA and mobile number, and click ‘continue’
Step 4-Enter your OTP number
Step 5-Complete three more steps (address, work and bank)
ADVANTAGES OF APPLYING FOR A LOAN THROUGH INSTAPAISA PLATFORM
There are many advantages of applying for a loan through the INSTPAISA platform. Here are the benefits:
Quick and easy
You don’t need to visit banks anymore. All you need to do download the app, and fill a 2 minutes application. You could even take less time.
Lenders use different criterion to approve loans. Many consumers are not aware of this and may apply to multiple lenders. InstaPaisa makes it possible to only apply once. It will also be auto-matched to the perfect lender.
InstaPaisa pulls different details like bank transactions, PAN numbers and CIBIL Scores from the internet directly, thus saving you the trouble of having to remember this and taking photocopies
InstaPaisa will automatically match you the right lender with the lowest rate for your loan and consumer profile. You don’t need visit multiple websites to find the right rate for you.
Once your loan has been approved, it will be disbursed in 6 hours, once KYC and documents is duly signed.