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In the recent Covid-19 pandemic, numerous financial institutions and NBFCs observed the need for small cash loans. Thus, multiple small cash loan apps came into being for instant sanction and disbursal from mobile phones, better known as smartphones where loan apps can be easily downloaded.
Instant small cash loan apps are user-friendly and can be quickly installed via Google Play Store. These loan apps available on the play store work swiftly in terms of loan approval within seconds.
An instant small cash loan can be availed by salaried and self-employed individuals with a minimum income of at least Rs.15,000 per month. The loan amount provided starts as low as Rs.20,000 to Rs.2 lakhs, varies as per the lenders.
With the advancement of technology, smart mobile phones are readily available in the market. It is handy, and in just a few clicks, you can apply for an instant small cash loan from your android phone.
Unlike traditional visits, getting an instant cash loan does not require any physical presence and is a 100 % online method.
Applying for an instant small cash loan through mobile is very simple and fast. So, when it’s an immediate financial need, trust no other except small cash loan apps.
An instant cash loan is a versatile & flexible product and can be taken for multiple reasons as mentioned below:
No physical documentation is needed. The documents required are limited such as the Aadhaar card & PAN card are mandatory to get an instant loan via mobile.
Hence, whenever there is a financial emergency or shortage of funds, don’t go too far, your mobile can help you with small cash loans just in time.
The act of paying out money for any kind of transaction is known as disbursement. From a lending perspective this usual implies the transfer of the loan amount to the borrower. It may cover paying to operate a business, dividend payments, cash outflow etc. So if disbursements are more than revenues, then cash flow of an entity is negative, and may indicate possible insolvency.
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