Clix (@clix) on TikTok 5.4M Likes. Stop stalkin me n just follow plz (adult film creator). Mere moments later, Clix followed that tweet with an insult. “u f. bald f.,” wrote the 16-year-old Fortnite player on Twitter. It was an ill-advised comment from one of the game’s young stars, considering the number of fans that follow and idolize him.
Applying for an instant personal loan is surely the best way to get rid of a financial crunch. When we talk about lifestyle in a metro city like Delhi, the cost of living here is much higher in comparison to smaller cities and towns. Whether you need money to renovate your house, arrange a wedding, pursue higher studies, or get medical treatment in Delhi, an instant personal loan can come in handy to meet your financial needs. Here, you will come to know more about availing instant personal loans online that can make your life easier in the country’s capital.
What an Instant Personal Loan is?
You may avail an instant personal loan for a variety of reasons, such as:
- Wedding
- Travel
- Debt Consolidation
- Home Renovation
- Education
- Medical Emergency
- Used Car Purchase, etc.
An instant personal loan is an unsecured type of loan that you can apply for and avail instantly online. You don’t need to provide any security or guarantor for these loans, and you are free to use the loan amount to cover any expenses you want. Clix Capital offers personal loans of up to ₹ 25 lakhs that you can get approved within 15 minutes*. Eligibility conditions are simple and documentation requirements are minimal, that help in making the loan approval and disbursal process as fast and easy as possible.
Role of Credit Score in Availing an Instant Personal Loan
Since instant personal loans are collateral-free, lenders need to feel confident that you will be able to repay your loan amount in time. For this, they look at your credit score, which indicates your repayment capacity and credit history. Lenders take your credit score as a parameter of your financial health and creditworthiness. Check your credit score and apply for a personal loan only if it is more than 725. If it is less than this threshold, you must use the tips mentioned here to improve it first and then apply.
Eligibility Conditions
Apart from the credit score, lenders depend on several other factors before approving your personal loan in Delhi. For Clix Capital, you need to fulfil the following eligibility conditions:
- You must be between 25 and 58 years of age
- You must be a salaried individual earning at least ₹ 25,000 per month
- You must be working with the current employer for at least 6 months, and have a total work experience of at least 12 months
Documentation Requirements
If you are eligible to apply for a lender’s instant personal loan in Delhi, you will need to provide a few documents to prove your identity and income. For Clix Capital’s personal loan, you need the following documents:
- Duly filled online application form
- Recent passport size photograph
- Identity proof like Aadhaar card or Pan card, or government ID for government employees
- Address proof like Aadhaar card, voter ID, passport, driving license, etc.
- Income proof, including your last month’s payslip or current year’s Form 16
Benefits of Availing a Personal Loan in Delhi
Now that you know what all you need to fulfil to apply for a personal loan in Delhi from Clix Capital, here are the benefits you are entitled to get.
Ample Loan Amount
When you need money to cover a particular expense, you must ensure that you get the loan amount you require for the purpose. Clix Capital offers a loan amount of up to ₹ 25 lakhs, which must be enough to meet most of your financial needs.
Instant Loan Approval
If you meet the eligibility conditions, get your documents verified, and have a good credit score, your personal loan can be approved in as little as 15 minutes*.
Fast Disbursal
Once you get your loan approval, the next step is fast disbursal that comes naturally with a reputed lender.
Flexible Loan Tenure
Now that you know that you can avail an ample amount of personal loan with instant approval and disbursal, you must be concerned about repaying it. Clix Capital allows you to repay your loan in 12 to 48 months, which you can choose as per your repayment capacity.
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Some Important Points to Ponder
While you are making up your mind to apply for a personal loan in Delhi, here are some crucial points you must keep in mind:
- A stable income will help in getting a personal loan easily and quickly, as lenders look at you as a responsible borrower who can pay EMIs regularly.
- Too many loan applications can reduce your chances of getting loan approval. Hence, research well and apply to the lender that has the highest chances of approving your loan application.
- If you have too many loans already in your name, you may have a hard time getting more loans.
- Your credit score must be minimum 725, as it shows your creditworthiness.
Looking for an instant personal loan in Delhi? Clix Capital can be your best source of funding in times of need. Apply for our personal loan online here and take advantage of our instant approval and fast disbursal procedures.
For any queries, find us on Facebook, Instagram, LinkedIn, Twitter, or WhatsApp
You can also reach out to us at hello@clix.capital or call us at 1800 200 9898
Cody Conrod
* T & C Apply