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Everything you need to know about a Cash Advance Loan

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seo expert2019

Thankfully,Guest Posting we are living in an age where you can get anything instantly. Hence, applying and getting approved for a loan happens in a jiffy! So, whenever you are in a monetary crisis or need immediate cash to cover up any unexpected emergencies, applying for a cash advance loan can serve you the purpose. As you can get extra cash within a short time until you receive your personal loan.


You can use a cash advance loan for a varied range of reasons like paying for your unexpected medical bills, any emergency home repairs or planning for any family vacation.


Can anybody get a cash advance loan?


Every lender puts forth certain eligibility criteria to ensure that only people who can afford to repay the loan can borrow money. As per the general criteria to qualify for a cash advance loan, you need to:


Be an Indian citizen

Be equal to or more than 21 years of age

Be a salaried employee with a minimum income of INR 8000

Where should I apply for a cash advance loan?


Many lenders provide a cash advance loan. You can apply for a loan from banks, credit unions, NBFCs(non-banking finance companies) or any other online lending services. You can either apply for a loan by visiting the official website of your lender and fill the application form or download their app.


Also, remember that few lenders approve your loan instantly if you provide accurate information.


Who is the best lender for getting a cash advance loan?


As already mentioned, you can get a cash advance loan from many lenders. To get your loan instantly disbursed, applying with NBFC is the best solution.


There is an NBFC called Vivifi India Finance Private Limited with its loan offering product called Loan Granted. Vivifi India is registered with the Reserve Bank of India (RBI). Loan Granted has a simple loan application form which can be filled within 2 minutes. Hence, you can apply for a loan amount from a minimum of INR 4,000 to a maximum of INR 5,00,000 and get approved on the same day.


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