No one can ever imagine getting a loan of merely Rs.5000. It seems impossible! What if you need a loan of Rs.5000 to cover urgent expenses? Well, nothing is impossible in this era of the 21st century. The good news is that there are many loan lenders you are providing a loan of Rs.5000 that too is credited instantly to your account. Sound’s perfect, right?
You can use the Loan amount for any purpose, instant payment to any merchant, shopping, ticket booking, etc. You just need to meet the eligibility criteria, and you will be in to get an instant loan. In this blog, we will have a detailed discussion on the loan providers and how you can get a loan of Rs.5000 instantly. We will give you a thorough insight into every detail that will help you easily get the loan. So, let’s get started!
Top Banks/NBFCs providing an instant loan of 5,000.
We have curated a list of top financial institutes with an insight into their loan processing details, documents, and other things. So, let’s move ahead and find it out:
CASHe has been consistently offering personal loans to thousands of customers across India. CASHe is best known for providing a quicker, more flexible, and hassle-free personal loan, even if you need a loan of INR 5,000. They have the most simplified process that will never leave you stressing about the EMIs. So, let’s find out more about it:
Loan Amount | Rs 1,000 to Rs 400,000 |
Tenure | 90/180/270/ 360 Days |
Location | PAN India |
ROI | 2.25% – 2.50% per month |
ROI (Fixed/Floating) | Fixed |
Payment Delay Charges | 0.7% flat interest fee per day |
Processing Fees | 2-3% |
Foreclosure Allowance | NIL |
|
To know more, visit https://referloan.in/loans/cashe-personal-loan
A personal loan that is too low in amount can be very difficult to find. However, FlexSalary has eliminated the misconception by providing hassle-free loans for a small amount. They provide personal loans starting at just Rs. 4,000, and if you want to get a loan of INR 5,000, look no further than FlexSalary. For more details, refer to the table below:
Loan Amount | Rs. 4,000 to 2,00,000. |
Repayment Tenure | From 10 months to 36 months |
Approval | Same Day |
Annual percentage interest rate (APR): | Maximum of 36% per year |
ROI (Fixed/Floating) | NIL |
Payment Delay Charges | No |
Processing Fees | Rs.300 – Rs.750 (including GST) – one-time |
Foreclosure Charges | No |
Eligibility | Documentation |
The applicant must be an Indian Citizen The age of the applicant should be 21 at least Only salaried individuals can apply The minimum salary of the applicant must be Rs. 8,000 | PAN card Identity proof Residential proof Income proof Passport size photographs |
To know more, visit https://referloan.in/loans/flexsalary-personal-loan
Paysense’s instant personal loan is an ideal option for getting a loan of Rs. 5,000. With the help of their easy and affordable loan, you can easily repay your overdue. Paysense takes pride in providing the most convenient options and flexible EMIs for loan repayments. Both salaried professionals and self-employed individuals can easily apply for instant personal loans with Paysense. Refer to the below table for more information:
Mode of Process | Online |
Location | PAN India |
Lending Size and Tenure | 5k-10L (3M to 60 M) |
ROI | 14%-24% (Fixed) |
Processing Fees | 3% |
Foreclosure | As per Policies |
Partial Payment Allowance | No |
Dealing in Unsecured OD | No |
USP | Funding to All Profile whether Employee of Proprietorship firm/Partnership firm or Company |
|
To know more visit https://referloan.in/loans/paysense-personal-loan
Whether you have any urgent need of money or have to repay any of your dues, Money View can be the best pick. They are providing loans with convenient options and a completely online process. Also, they have a flexible repayment tenure of 60 months. Furthermore, it is the best platform if you want to get a loan of INR 5,000. For a detailed view, let’s have a look at this table:
Lending Size and Tenure | Rs. 5,000-5Lakhs (3 to 60 Months) |
ROI | 16% to 36%-Reducing |
ROI (Fixed/Reducing) | Fixed |
Processing Fees | 2% |
Foreclosure | As per Policies ( Only if you have paid the last 3 EMIs) |
USP | Funding to All Profile whether Employee of Proprietorship firm/Partnership firm or Company |
Eligibility | Documents Required |
|
|
To know more, visit https://referloan.in/loans/money-view-personal-loan
People should always look for My Shubh Life if they want to get a quick and easy personal loan. They offer loans with easy EMI instalment options, various payment options, and flexible payback options. If you have no credit history, have a low income, and have already experienced credit denial from other financial institutions, MyShubhLife is your best choice. With My Shubh Life personal loan, you can get a loan of INR 5,000. For more assistance, let’s have a look at the below table:
Lending Size and Tenure | 5k-2L (3M to 24 M) |
ROI | 28%-44% (Reducing) |
Processing Fees | 3% |
Foreclosure | As per Policies |
Partial Payment Allowance | No |
Eligibility | Documents Required |
|
|
To know more visit https://referloan.in/loans/my-shubh-life-personal-loan
If you are looking for the most convenient way to cover your overdue, look no further than KreditBee. They are the best option for getting a personal loan with a low amount. Even if you have a low credit score, then also you can easily get a personal loan from KreditBee. And if you need a loan of just Rs. 5,000, then KreditBee is the ideal pick for sure. For more details, let’s have a look at the table below:
Application Mode | Online |
Location | Most of the Tier-1, Tier-2, and Tier-3 cities in India |
Loan Amount | Rs. 1,000 to Rs. 3 Lakhs |
Repayment Tenure | 3 to 24 months |
ROI | Starting from 1.02% – 2.49% p.m. |
Processing Fee | From Rs. 85 to 6% of the loan amount |
Late Payment Charges | Yes |
Loan Disbursal | In just 10 mins* |
Eligibility | Documentation |
The applicant must be an Indian Citizen The Age Limit must be 21- 45 years The monthly income of the applicant must be more than ₹10,000 | Photograph (Selfie) Identity Proof (PAN) Address Proof (Aadhaar, Passport) |
To know more, visit, https://referloan.in/loans/kreditbee-personal-loan
FAQs
From any of the above lenders, you can easily get a personal loan with a low credit score. However, some more criteria are assessed for providing a personal loan.
It is not mandatory and can vary from lender to lender. You can ask this from their respective representatives.
There are ample lenders who welcome applicants who have attained the age of 21 years. You can get this information from their official websites too.