7 Benefits of Having a Personal Loan App on Your Mobile Phone

, January 31, 2020, 0 Comments

personal-loan-mobile-phone-appmarketexpress-inFinancial emergencies can arise anytime, and you may require instant funds to deal with them. One of the best ways to get immediate money is to avail a personal loan. The Banking and Finance sector has progressed massively in recent years, and due to this, availing a personal loan is no longer a tedious process. By visiting the official website of the lender, you can apply for a personal loan online from the comfort of your home. To make the process even more convenient, several financial institutions have launched their own mobile apps. You can download these apps on your smartphone and avail a personal loan anywhere, anytime. Let us have a look at some of the benefits of having a personal loan app on your mobile phone.

  1. You can save a lot of time

A few years ago, if you had to avail a personal loan, you were required to visit the bank to apply for the loan. The entire process from loan application to disbursal of the amount was time-consuming. Also, the documentation process was hefty. With the introduction of mobile apps, availing a personal loan has become a completely hassle-free process. Paperless and minimal documentation have made the process even simpler.

  1. You can meet your various financial needs

A personal loan can be used to meet various financial needs such as paying for children’s education, managing wedding expenses, planning for a vacation, etc.  Therefore, applying for a personal loan app can be extremely handy when you need money in such situations.

  1. Instant cash disbursal

You can check your loan eligibility online. If you satisfy the eligibility criteria, you can begin your loan application process by filling an online form and uploading the required documents. On verification of the documents, your loan application is approved, and the amount is credited in your bank account. Since the entire process is online, it saves a lot of time. By using the Finserv MARKETS app, you can avail a personal loan within 24 hours.

  1. Keep track of your EMI

By using the personal loan app, you can keep a track of your loan status easily. You can easily check your EMI dates, outstanding debt and the repayment history.

  1. Personal loan apps are secure

Mobile apps follow the privacy policy and are very much safe to use. The transactions you make are secure, and you can also secure your personal data with a password.

  1. The app is easy to use

Most personal loan apps are easy to use and understand. The Finserv MARKETS app has a very smooth user interface and can be downloaded on both android and iOS platforms.

  1. Check your credit score

With some personal loan app like Finserv MARKETS, you can check your credit score for free. You can also obtain your detailed financial report and get suggestions that can help you boost your credit score. This will give you a better understanding as to whether your personal loan application will be approved or not. With a high credit score, you can avail a loan at a competitive interest rate.

If you are looking to avail a personal loan, you can consider using the Finserv MARKETS app. Personalized offers, quick approvals, minimum documentation, transparent pricing, and superfast disbursal are some of the major advantages of using the Finserv MARKETS app. So why wait? Download the Finserv MARKETS app and fulfill all your financial goals with ease.

In association with FinServ Markets


Sponsored posts are content that has been produced/created by a company or commissioned by advertisers in collaboration with MarketExpress’s marketing team, that is either paying for the post or has a business relationship with MarketExpress, and they’re always clearly marked. The content of news stories, insights & analysis produced by our editorial team or published by MarketExpress is never influenced by advertisers or sponsors in any way.
For more information, contact: info@marketexpress.in