Laxmanrao123 - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Laxmanrao123

Description:

RapidRupee is a fintech company focused on online consumer financing, one of the first to offer online loans in India. – PowerPoint PPT presentation

Number of Views:6
Updated: 26 November 2019
Slides: 16
Provided by: Laxmanrao123
Category: Other

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Laxmanrao123


1
Why choose salary loan app?
2
  • There might come a time when you have spent money
    meant for paying the rent and your bills and now
    you need to tap in savings that were supposed to
    be used for something else, like buying gadget or
    going on a trip.
  • In this case, to buy that gadget you always
    wanted but now do not have money for, you either
    have to borrow or get in bed with an informed
    lender who charges high interest rates. Or, you
    could simple use a salary loan app which will
    help you any urgent situations. The following
    article will highlight why this is the best
    option when it comes to satifying your short-term
    finance needs.

3
NO BACKGROUND CHECK
4
  • Getting a loan from a bank is a task because they
    check borrowers financial history, their credit
    score and their assets before providing the loan.
    This usually does not work in favour of
    first-time borrowers or small businessman who
    have comparably lower financial turnout. In such
    cases, salary loan apps prove to be very
    advantageous because they provide loans
    irrespective of your past transactions or assets.

5
SIMPLE PROCEDURE
6
  • It is observed that people complain about the
    long procedures involved in traditional borrowing
    methods. One has to approach the branch, wait in
    line, submit documents upon documents, and fill
    tons of form. The best way to skip is this is to
    take loans is through salary loan apps, which
    have the simplest procedure and are easily
    accessible. Just download the app, fill the form
    with your basic information, upload your
    documents and once this gets verified, your
    account will be credited within a couple of
    hours. The simple and friendly procedure helps
    saving borrowers time and reduces hassle.

7
FAST TRANSACTION
8
  • Banks take time to approve your amount. Their
    procedure is long and their transactions can take
    weeks, even months somtimes! Salary loan apps, on
    the other hand, are advantageous because they
    have fast transaction time period - once you fill
    your application form and your documents are
    verified, the amount is transferred to your bank
    account. The entire process can take nothing more
    than a few hours, which helps in times of urgent
    need.

9
MINIMUM DOCUMENTATION
10
  • The bank sectors demand list of documents before
    giving approval to loans and it proves to be
    hassle for borrower. While on the other hand
    salary loan apps require basic documents -
    scanned copies of Aadhaar card, PAN card and a
    selfie. These documents are easily available and
    do not require extra efforts which saves time and
    reduces stress of borrower making the procedure
    and approval of loan very easy.

11
COVERS IT ALL
12
  • For some primary needs like paying your
    electricity bills, funding your dinners or trips
    with friends and family or even solo traveling,
    gifting your loved ones etc. banks do not provide
    funds in the form of loans for this. In such
    cases salary loan apps prove to be helpful
    because they are no restrictions on the usage of
    money you borrow which is great relief to
    borrowers because you can take loans even for
    your minimal needs.

13
FRIENDLY USAGE
14
  • People are still not friendly with internet apps,
    so the salary loan apps should have app which is
    user friendly for borrowers to use and all their
    queries are answered.
  • Hope this article will help you to understand the
    pros of choosing salary loan apps. Best luck!

15
THANKS!
  • Any questions?
  • Visit us for more information
  • Click here to download
About PowerShow.com