In the recent Covid-19 pandemic, numerous financial institutions and NBFCs saw the need for small cash loans. Therefore, several small cash loan apps have been created for instant sanction and disbursement from mobile phones, better known as smartphones, where the loan apps can be easily downloaded.
These loan apps available on play store work fast in terms of loan approval within seconds.
A small instant cash loan can be used by salaried and self-employed individuals with a minimum income of at least MXN 4,000 per month. The loan amount provided starts as low as MXM 5000 to MXN 20,000 varies across lenders.
With the advancement of technology, smart mobile phones are available in the market. It is handy and with just a few clicks you can apply for a small instant cash loan from your android phone.
Unlike traditional visits, obtaining an instant cash loan does not require physical presence and is a 100% online method.
Applying for a small instant cash 모바일대출 is very simple and fast. So, when it comes to immediate financial need, don’t trust any other apps than small cash loan apps.
Top reasons to apply for small instant cash loan from your mobile phone
An instant cash loan is a versatile and flexible product and can be taken for various reasons as mentioned below:
Home renovation
Who does not have the desire for a beautiful house? With small cash loans, you can fulfill your desire to have a nicely decorated house using small cash loans without stress.
Wedding expenses
No one wants marriage to be a simple affair these days.
So, to take care of your extravagant wedding expenses, you can apply for an instant cash loan and create your wedding memories for a lifetime.
Higher education
Small cash loans for higher education can be taken easily and quickly and can include your tuition fees, library fees, accommodation costs, etc.
Medical emergency
Life is unpredictable and so are emergencies.
A medical emergency cannot be ignored, so when you have no funds to cover medical expenses, instant cash loans are ideal, which can be taken instantly from your mobile phone and disbursed in a single business day.
Vacation expenses
With instant small cash loans available on your mobile, you can visit the destinations on your bucket list.
Electronic accessories
- You can buy the latest smartphones, laptops, smart TVs with the help of instant loans available on your mobile phone.
- Features and benefits of the small instant cash loan available on your mobile
- No warranty
- This means that collateral against the loan is not required for small loans.
- Your monthly income is your only guarantee in this type of loan.
- Real time approval
- In a few seconds, the loan is approved through real-time verification of the documents presented.
- Same day disbursement
- The instant cash loan is disbursed to the registered bank account within a single business day.
- Flexible refund option
- Monthly EMIs can be paid at your convenience within a certain period.
- Loan Eligibility Calculator
- You can decide the loan amount, tenure and EMIs using the built-in EMI calculator in the app.
- Minimal paperless documentation
- No physical documentation is needed.
- Required documents are limited like Aadhaar card and PAN card are required to get instant loan via mobile.
So, whenever there is a financial emergency or shortage of funds, don’t go too far, your mobile phone can help you with small cash loans just in time.
