Instant Personal Loan For Shopping 2021

Instant Personal Loan For Shopping 2021

The New Year bells are ringing! A new beginning is at the door waiting for us open the door and welcome it with both arms. We know you have added a lot of gifts in your shopping cart, which are just waiting to be shipped but only if you had a little extra cash on you, it would have been so easy, wouldn’t it ? You are going through every shopping website and you know you have limited offers on everything you are looking at and you are thinking to yourself what if you got those extra funds from somewhere! Only What if? 

So, as always CreditKaro is here to rescue you from your worries! Today, we are going to talk about instant personal loans for Shopping 2021. With an instant personal loan to back you up, you can now move all the products from your Wishlist to your shopping bags. If you want to apply for instant personal loan online, we have got you covered!

Also ReadList Of Best Instant Personal Loan Online in 2021

4 Top Players In The Market For Instant Personal Loan

MoneyTap :

MoneyTap offers you instant INR 5 lakh personal loans online with interest rate starting at 13% per annum. It is considered to be one of the best instant personal loan options and MoneyTap also provides a convenient EMI tenure of up to 36 months. The best part about MoneyTap is that you only need to pay interest on the amount used from your approved limit.

Early Salary:

Early Salary is as they say, a one stop solution for all your instant cash needs. It allows you to avail a loan for your shopping spree instantly with an option of no cost EMI while shopping at top retailers like Amazon and Flipkart. Also, there is an option of conveniently repaying the loan amount within a flexible tenure ranging from 3 to 6 months.


KreditBee is an onlinepersonal loan platform for Young professionals, where you can apply for personal loan for salaried upto INR2 Lakh as per their requirement. The documentation while getting the loan processed is very minimal, and the best part about KreditBee is that entire process starting from registration to disbursement does not take more than 15 minutes. The application process takes place online, and once you get approved, the loan amount is immediately transferred to the bank account of the user.


Stash Fin is an instant loan provider of the perfect financial boost you need in the most convenient and hassle-free manner. All you need to do is apply online on our website for quick disbursal of your personal loan. We make sure that your request is approved, and the money is transferred in almost no time. The loan can Start from INR 500, the personal loan amount on offer for shopping at Stashfin can be as high as INR 5 lakh. You can repay the amount within a tenure ranging from 3 to 36 months.

Eligibility Criteria for Instant Personal Loan

The eligibility criteria can vary from one lender to another, there are some of the common eligibility requirements:

  • Your age should be at least 21 years
  • Your maximum age must be 65 years
  • You must be a salaried individual
  • Your minimum monthly income should meet the predefined criteria of the lender
  • Documents Required for Instant Personal Loan
  • ID Proof: Aadhaar, PAN, Voter ID, etc.
  • Address proof: Utility Bills, Ration Card, etc.
  • Income Proof: Salary Slip, Form 16, bank account statement, etc.
  • Importance of Instant Personal Loan

Also Read :- 11 Advantages of Apply Instant Personal loan Online

Faster Loan Processing :

Unlike other loan options in the market, Online Instant Personal Loans are considered to be the fastest when it comes down to processing and documentation. There is no scope of any fraudulent activity, it does not require you to visit the bank, it does not involve a lot of unwanted calls and its collateral free. Acquiring personal loans online have never been this easy.

Multiple Lenders on offer:

There are multiple lenders who are willing to grant you an instant loan, if you have a good financial portfolio. There are traditional sources like Banks, Financial institutions and Credit Unions or you can go for online platforms where you can easily opt for a loan of your choice, like CreditKaro.  

Quick Disbursal:

Today, most fintech companies make use of the latest risk calculation algorithms. There are multiple lenders in the market who can assist you with instant personal loans these days and can provide personal loan within a few minutes after verification! While in traditional form of banking, it is not usually possible to get loans sanctioned within a few hours as there is a long line of documents required by them. It usually takes a minimum of 7 business days to disburse the loan amount.

Get Loan with Low Credit Score :

Unlike other type of credit lines, it is possible to acquire an instant personal loan with bad credit. There are lenders in the market who might still be interested in extending you credit, provided you can pay higher interest rates. Check free Credit Score Now!

Also ReadIS Credit Score Necessary for Personal Loan?

Easy Payment cycles:

The best part about instant personal loans is that you can break it down to easy monthly installments and there is also an option of pre-closing your loan if you have the funds.

Loan amount:

The loan amount can range from as low as INR 500 to as high as INR 2 lakh, instant personal loans can be utilized for buying lifestyle products or luxury items like clothes, appliances, makeup kits, televisions, mobile phones, jewelry and more.

So, we hope this blog was helpful for you! We love doing such blogs for you so if you want us to write about something, do share with us on mail or in the comments below!

The year is ending on mixed note. Some of us had a very tough year while some of us made it through everything. It is important to realize that even after everything the world went through, there is a light of hope left for new beginnings. Let’s hope we all have a wonderful new year ahead of us and let’s welcome 2021 with a blast! So shop away!

For more interesting content, keep coming back to Credit Karo!


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