Financial Planning

NIRA Instant Personal Loans: Are They Really Instant?

Debamalya Mukherjee

Financial Planning May 06, 2023

Do you have debts to pay off? Do you wish to buy a new smartphone, but the price tag makes you think otherwise? If you have such thoughts on your mind, and are looking for ways to get a loan as quickly as possible, then NIRA is the one you should be looking for.

This new quick loan establishment can provide you with various kinds of loans. But why be interested in them? Because they can provide these loans quicker than most banks and do not have a lengthy application period either!

To learn more about this company, read this post till the end.

NIRA Company Overview

NIRA was founded by entrepreneurs Rohit Sen and Nupur Gupta. They aim to provide people with instant cash loans as quickly as possible.

These two came up with this idea when they learned that banks take a long time to approve loans and credit the money to your account. Since they often find themselves in dire situations where they need cash within 48 hours, banks would often fail to do so.

This is where NIRA comes in to provide you with instant loans. They are instant because you can apply for them using their NIRA smartphone app or website. The amount will be credited to your account in under 48 hours.

So far, NIRA has good reviews on various online publications s a trustable money-lending agency. However, their aggressive behavior towards clients when requesting their money back has been criticized a lot.

NIRA Instant Cash Loans

Instant Cash Loans by NIRA is the perfect financial solution if you need more money while planning your next vacation. Or you want to buy a new smartphone or laptop that you have wanted for a long time. Getting instant cash in such dire situations can be a pain, and NIRA understands that.

Getting instant cash loans from banks can be time-consuming since they have a lot of procedures and paperwork to follow. With NIRA, things are different. This company provides cash loans instantly after approval, which will reflect in your account within 48 hours. Plus, it’s less heavy on your pocket since you only have to pay a monthly interest rate of only 4%!

This Instant cash Loan can provide you anywhere between Rs. 5,000 to Rs. 1,00,000 in a matter of hours!

NIRA Instant Cash Loan Eligibility

To become eligible for NIRA Instant Cash Loans, you:

Must be a graduate
Should have a monthly income of Rs. 20,000
Must be employed

Why Apply For NIRA Cash Loans?

There are various reasons why NIRA Instant Cash Loans will benefit you a lot.

1. Customizable Loans

Unlike pre-set loan amounts and fixed payment terms, NIRA allows you to customize it to your liking. You can get the amount you want and choose the period to pay it off. Pay off in 6 months? Yes, you can! Pay off in 12 months? Sure, why not!

2. Reasonable Interest Rates

The interest you pay depends on your credit score. Therefore, you will pay less interest if you have a high enough credit score! The interest rates will vary from 1.5% to a maximum of 4%.

3. Flexible Withdrawals

There are no withdrawal limits to your loan. You can pocket it all in one go or keep it in your account for the right time!

4. Credit History Not Required

While it’s beneficial to have a credit history and score, it’s not required here. The company understands that this might be your first loan. Therefore, CIBIL scores are unnecessary for newcomers. However, if you have a CIBIL score, you must ensure it’s above 681.

5. Quick Application

If you want a cash loan instantly, complete the online form and get it approved in under 3 minutes! NIRA values your request and your time as well!

6. Get Credited Within 24 Hours

Once your loan request gets approved, you will get the money sent directly to your bank account in 48 hours!

NIRA Personal Loans

Whenever people request loans, banks believe it’s to pay off large amounts of debt. Or maybe start a new business, who knows? However, NIRA has your back if you don’t wish to disclose your reasons for taking a loan. I mean, personal loans should remain personal, right?

NIRA Personal Loan Eligibility

You can become eligible for NIRA Personal Loans as long as you:

Must be a graduate
Should have a monthly income of Rs. 12,000
Must be employed
Should have a linked Aadhar card

Why Apply For NIRA Personal Loans?

You should apply for such personal loans because of various benefits like:

1. The Approval Process Is 100% Paperless

When you apply for a NIRA Personal Loan, you can do it online, anytime, anywhere. You don’t need to visit their headquarters and sign on piles of documents. Simply go to their official website, and fill out the loan application form in minutes!

2. Super Quick Credits

If you want a cash loan instantly, complete the online form and get it approved in under 3 minutes! NIRA values your request and your time as well. Once your loan request gets approved, you will get the money sent directly to your bank account in 48 hours!

3. Lower Interest Rates

The interest you pay depends on your credit score. Therefore, you will pay less interest if you have a high enough credit score! The interest rates will vary from 1.5% to a maximum of 4%.

4. Highly Flexible Payment Scheme

NIRA Mobile EMI Loans

Having a good smartphone has become a necessity in 2023. A high-end smartphone is a significant investment for work, photography, or gaming.

However, most good smartphones that you want cost above Rs. 40,000. Higher-end models by brands like Samsung, OnePlus, iPhone, and Motorola cost a lot. Paying the entire amount upfront in cash can take time and effort. However, paying it in EMI is an option everyone will agree with.

Therefore, why not apply for a NIRA Mobile EMI Loan and get the latest smartphones of your dreams?

NIRA EMI Loan Eligibility

To be eligible for Mobile EMI loans, you:

Must be a graduate
Should have a monthly income of Rs. 20,000
Must be employed
Should have a linked Aadhar card

Why Apply For NIRA Mobile EMI Loans?

The various benefits of applying for NIRA Mobile EMI Loans are:

1. Easily Liquefiable

Paying for a mobile phone way out of your budget can take time and effort. Therefore, save your liquid money for emergencies. Pay for the phone little by little over time!

2. Spend Less, Get More

Since you spend only a small amount of money every month, you can save a lot, which is only possible if you pay the entire amount in one go.

3. Zero Stress

I know how stressful situations can be when you have a broken phone and no money to buy a new one. However, if you can pay the price in installments, that will take the stress out of you!

NIRA Small Loans

If you are short of cash to pay for something you need, you should apply for a NIRA Small Loan. These are bite-sized loans that you will get instantly. Since these are small amounts, you can pay them in a few months’ time without any high-interest rates!

NIRA Small Loans Eligibility

To be eligible for NIRA Small Loans, you:

Must be a graduate
Should have a monthly income of Rs. 20,000
Must be employed
You should have a linked Aadhar Card

Why Apply For NIRA Small Loans?

The benefits of applying for NIRA Small Loans are:

1. The Entire Process Is 100% Paperless

When you apply for a NIRA Small Loan, you can do it online, anytime, anywhere. You don’t need to visit their headquarters and sign on piles of documents. Simply go to their official website, and fill out the loan application form in minutes!

2. Super Quick Credits, Directly To Your Bank Account

If you want a small loan instantly, complete the online form and get it approved in under 3 minutes! NIRA values your request and your time as well. Once your loan request gets approved, you will get the money sent directly to your bank account in 48 hours!

3. Lower Interest Rates

The interest you pay depends on your credit score. Therefore, you will pay less interest if you have a high enough credit score! The interest rates will vary from 1.5% to a maximum of 4%.

4. Flexible Payment Schemes

5. Want Multiple Loans? No Problem!

Since these loans are typically in small amounts, you can apply for multiple small loans at once. You will get what you want if you have a good credit score!

Conclusion

NIRA loan services have ventured into a section of the Indian money market that hasn’t been explored before. Providing loans in under 2 days just after filling up an application using a mobile phone is something other Indian banks have failed to do. So what are you waiting for?

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Debamalya Mukherjee

Debamalya is a professional content writer. Constantly improving himself in this industry (tech) for more than 7 years, he has amassed immense knowledge regarding his niches of writing technology and gaming articles. He loves spending time with his cats, along with playing every new PC action game as soon as possible.

How To Choose The Right Stocks: Tips For New Investors

Fundamental and technical analysis are two common methods for identifying and picking stocks. Fundamental analysis examines a company's business and industry conditions to identify stocks with strong growth potential at a good price, typically used for longer-term trades. Technical analysis, on the other hand, identifies statistical patterns on stock charts to predict future price and volume moves, typically used for shorter-term trades. Beginners in the stock market can find it intimidating. However, understanding basic trading and understanding how to buy share online can make it easier. Various methods, like attending financial events or using online platforms, can help pick stocks. Therefore, investors with a long-term horizon have an advantage over Wall Street's short-term focus, making informed decisions. This article will help you with effective tips and strategies for selecting the best stocks. Tips To Choose The Right Stocks Here are some of the top tips that can help you pick the right stocks for your investment— 1. Finalize Your Goal Every investor comes with unique goals for their portfolios. However, most young investors aim to increase their portfolios over time. Older ones, on the other hand, focus on capital preservation as they near retirement. Also, some investors are more interested in generating regular income through dividends and distributions. Nevertheless, considering your goals when investing is important, as there are no rules. For income investors, look for stocks with good dividend yields and cash flow to support those dividends. Younger companies with promising revenue growth but unstable earnings are attractive to growth investors. For capital preservation investors, look for stalwart businesses with steady and predictable profits. Therefore, it's important to consider your age and goals when selecting companies to invest in. 2. Understand The Business Where You Invest When buying stock, you become a partial owner of a business. Therefore, without understanding the business, you risk failure. Trusting yourself to own a company fully means you need help understanding that more than appointing great management is necessary to ensure their performance. You can find competing companies everywhere, and they can impact you indirectly. For example, when you buy medicine at a pharmacy, you know who makes the equipment and who buys the spare parts. When you get a car fixed, you know who makes the spare parts and who makes the spare parts. Therefore, using these companies as a starting point for research and finding competitors in each industry can help you understand how a business makes money. If you need to understand how a business makes money fully, you may need to research or find a different company. 3. Evaluate The Market Before Investing Before adding a position, consider the broader market's movement, as 75% of stocks move with it. Moreover, buying stocks when the market is trending increases the chances of successful trades. The moving average of a major index, such as the S&P 500® Index, can show market momentum. Therefore, potential events like Federal Reserve policy meetings or earnings announcements should be considered. These events can affect your trading. Thus, following the market closely and investing when the market is trending up can increase your chances of success. 4. Determine A Fair Price Investors should consider various metrics to assess a stock's current price and value. These metrics include the following: Price-to-earnings ratio (PE). Price-to-sales ratio (PS). Discounted cash flow modeling. Dividend yield. The PE ratio is suitable for established companies with steady profits and growth, while the PS ratio is more suitable for growth stocks with unstable earnings. Historical averages can be a good guide, but future expectations should be considered. Next, discounted cash flow modeling involves estimating revenue growth, profit margin, and expenses for the next few years. Consequently, these factors are discounted by the required rate of return and divided by the number of outstanding shares. Dividend yield is also crucial, as an above-average yield may indicate a good stock price. Investors should avoid yield traps and develop their own dividend discount model. 5. Maintain Your Safety Margin To ensure successful stock picking, buying companies trading below your estimate for a fair price, known as your margin of safety, is crucial. This helps prevent losses if your valuation needs to be corrected. A 10% margin of safety is sufficient for stable earnings and a strong outlook. For growth stocks with less predictable earnings, a wider margin of safety of 15% to 30% is recommended. This ensures protection in unexpected events, such as a new challenge or a larger company entering the market. It is not necessary to get the lowest possible price for a stock; trust your research and take the price when it looks good. Building a diversified portfolio of stock picks across various sectors can lead to winning investments. Technical Signals When Selecting Stocks Technical analysis is a crucial tool for stock selection, consisting of three steps: Stock screening. Chart scanning. Setting up the trade. Stock screening involves identifying a list of 20-25 candidates using technical criteria narrowing it down to three or four candidates by scanning the charts. Moreover, the chosen candidate may be considered trading after a detailed chart analysis. To set up a screen, consider factors such as price and market capitalization, sectors and industries, and momentum. Long-term investors look for strong sectors and industry groups, while short-term investors should look for weak ones. Momentum traders typically identify strong, uptrending stocks for buys and weak, down-trending stocks for shorts. After compiling a list of candidates, look for those with good entry points, such as breakouts or pullbacks. The Virtual World Of Stocks Online investing is popular for many investors due to its ease of use, commission-free trading, and easy-to-use platforms. Moreover, opening a brokerage account with an online broker takes only a few minutes and requires basic personal information. Funding can be done through a check or electronic transfer. Online trading allows trading dividends, tech, and other stocks, with options available for a small fee. However, penny stocks, defined by the SEC as those selling for less than $5 per share, should be viewed with caution due to their volatility and potential for manipulation. It is essential to research the company's business before making a decision to invest in online trading. Read Also: Simple Tips To Diversify Your Stock Portfolio Backorder Vs Out Of Stock: Essential Things To Know About It

Becoming A Landlord – What Should You Include In Your Budget?

While landlords continue to benefit from high levels of private demand in light of sky-high property prices, there’s no doubt that those who operate individually can find it harder to achieve a sustainable profit than organizations. One of the main reasons for this is that 43% of landlords own just one rental property, with this representing some 20% of tenancies. Of course, owning just a single property can be challenging due to many of the different costs and factors involved. But what are the key considerations that you should factor into your budget? 1. The Mandatory Requirements Let’s start with the basics; as your first step should be to budget for the mandatory requirements that you’ll have to address as a landlord. For example, you’ll need to fund a number of checks and inspections each year, in order to ensure that the property is safe and liveable. For example, you’ll have to ensure that gas and electrical safety checks are carried out by qualified tradespeople, while you also have to inspect any appliances that you left installed on the property. EPC checks are also required to evaluate a property’s energy efficiency and performance, based on factors such as insulation and how much it costs to heat the interior. Similarly, you’ll need qualified electricians to check all smoke and carbon monoxide alarms installed within the property, as these must remain functional at all times. 2. Circumstantial Costs As a landlord, you’ll also have to consider various circumstantial costs, each of which helps you to manage your property and provide a financial safeguard in the event of your property being damaged or vandalized. One of the most apparent circumstantial costs is lettings agency fees, which you’ll need to pay when listing your property for rent. If you also want an agency to manage your property and tenancy agreements, you’ll also have to pay a premium for this service. While it may be considered an additional cost, we’d argue that landlord insurance is an incredibly important expense. In fact, this should be seen as an investment, as it protects your property and provides coverage in the event of structural damage being incurred. 3. Are There Any Other Potential Costs Before we go, it’s important to consider any other costs that may be required when owning property as a private landlord. For example, if you don’t employ the services of a property maintenance firm, you’ll be physically and financially liable for all maintenance and repairs carried out at the properties that you own. You may also have to cover the cost of utilities (depending on the nature of your tenants and individual contracts), so this may need to be incorporated into your budget. In between tenancy agreements, you may have to redecorate your properties and have them professionally cleaned. This will depend in part of the state property is in at the end of the previous tenancy, but some level of cleaning and refurbishment may be required as a matter of course. Read Also: How To Sell Off Plan Property In Dubai? How Sustainability Sets Up Real Estate Developers For Success Maximizing Home Insurance Coverage For Your At-Home Business With Riders

Inventory Reserve: What Is It, How It Works, Purpose, and Usage

Whether it is a big company or a small one, a successful company or a not-so-successful one, all face a situation where all the inventories are not sold. Some percentages of the inventory go bad or become obsolete for all. The inventory reserve of the business is and accounting technique and is also the estimate of the percentage of inventory that is unsold. The inventory reserve plays a big role in correctly valuing the inventory of the company. Hence, this also helps present a full picture of the company’s health, financial worth, and flexibility. In this article, you will learn about inventory reserve and how it works in the process of accounting. Apart from that, we will also explain the use of inventory reserve in accounting. Finally, we will show you the process of accounting for the inventory reserve of a business. What Is An Inventory Reserve? According to Investopedia, “An inventory reserve is a contra asset account on a company's balance sheet made in anticipation of inventory that will not be able to be sold. Every year, a company has an inventory that will not be able to be sold for various reasons. It may spoil, fall out of fashion, or become technologically obsolete. In anticipation of this, the company will create an entry on the balance sheet called inventory reserve.” The inventory reserve portion in the balance sheet consists of the company’s prediction of the inventory that will not be sold that year. While the company counts its inventory as an asset, it considers its inventory reserve as a contra asset. This is because the latter reduces the net amount of inventory assets of the company. The company creates the inventory reserve as an estimate of the company’s future inventory spoilage. The company brings out this estimation based on its past experiences. Furthermore, once the company identifies an inventory that it's unable to sell, it writes it down as an official recognition of the loss. Business managers of an organization use these data from previous years' inventory information. Hence, based on this, they make a judgment and decide on the size of the inventory reserve. What Is The Use Of An Inventory Reserve In Accounting? In general, businesses want to get an accurate picture of their inventory position. Hence, they try to estimate the amount of inventory that is not to be sold from the end of the company. This inventory which the company has written off is called the inventory reserve of the company. The accountant includes this data in the balance sheet. According to NetSuite.com, “Companies own raw materials, partially completed products, and finished goods. These items are all included in a company’s gross inventory. Business managers know that not all of their raw materials will be used, and not all of their finished goods will be sold. That reserve is deducted from the value of gross inventories to arrive at the company’s net inventory position. Net inventory is typically what appears on a company’s balance sheet.” During the accounting process, the business considers its inventory reserve as a “contra” asset in its balance sheet. This is because this amount actually reduces the gross inventory value to arrive at the company’s net inventory value. Since inventory accounts come naturally with a debit balance, as debit increases in the balance sheet, the inventory account value increases. On the other hand, inventory reserves, like contra-asset accounts, come with natural credit balances. Hence, the latter serves to reduce the value of the assets. How Does An Inventory Reserve Work? Indeed.com explains – “An inventory reserve in accounting is an entry on a business's balance sheet that anticipates the company's unsold inventory. Accountants consider inventory as an asset on their balance sheet. An asset is any item or resource that a company owns and has the potential to generate economic value, such as revenue.” Inventory also falls under this asset category. Also, as per the need for good accounting principles, businesses need to report their assets in such a way that they are close to their actual value. Hence, if a business wants to calculate the net value of its inventory, it needs to account for the loss of inventory and make it an estimate. As per Generally Accepted Accounting Principles (GAAP), an inventory reserve is a part of inventory accounting. If a business wants to track its inventory reserve, it will thus be able to make an accurate representation of its assets on the balance sheet. The usefulness of an asset is only when it has a future value to the business. There is always a part of the inventory of a company that remains unsold every year. Hence, the company decides not to include the entire inventory amount as an asset on the balance sheet. To create an accurate value, the company subtracts the inventory contra asset account value from the inventory asset entry. The resulting value is the estimate that the company will sell to create value for the business. If the company does not include the inventory reserve entry, the company will end up overstating the value of its assets. Accounting For Inventory Reserves: Special Considerations According to GAAP standards (which is the industry standard for accounting), inventory reserve is a conservative methodology for entry. This is because the company's attempt, in this case, is to predict the losses for the inventory even before the company has confirmed the loss. In general, inventories consist of goods with future value for the company. Hence, these goods are called assets. However, according to conservative accounting principles, it is important to report assets close to their current value. Hence, it gets easier for the company to make estimations. Summing Up Hope this article was helpful for you in getting a better understanding of how an inventory reserve works with accounting. You can see from here that it is important for the company to consider inventory reserve as a contra asset. This helps the company to get an accurate representation of the assets that it will sell in the future. Do you have more information to add regarding inventory reserve? Consider sharing with us in the comments section below. Enrich Youself With More Financial Article By Clicking Below!! Equity Theory: A Balancing Act for Modern Workplaces Supply Chain Risk Management: Effective Strategies To Reduce It What Is A Distribution Channel? 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FlexSalary: Information, Eligibility Criteria, Interest Rates, Review & More

The FlexSalary App is a loan app that is run by an Indian NBFC named Vivify India Finance Pvt. Ltd. The company is registered with the Reserve Bank of India. However, there are not many good reviews regarding the app. However, the app and the company seem legit. Hence, we have dived deep and reviewed the app in this article for you. This article will consist of a review of FlexSalary, which claim to be one of the "Best instant loan app in India without salary slip.” Furthermore, we will also give you details about the interest rates, eligibility, and other loan-related information. Finally, we have also added some useful customer reviews regarding Flex Salary. Hence, to get fully informed about FlexSalary, read on through to the end of the article. FlexSalary – What Does It Offer? FlexSalary is an app where you can get a loan if you are a salaried individual. According to the official website of the company, “FlexSalary is an instant salary advance credit line that covers emergency needs of Indians before they get paid. It aims to aid all individuals who face a mid-month crisis by providing short-term lines of credit loans until they receive their salaries. We offer instant loans from Rs. 4,000 to Rs. 2,00,000 with flexible repayment terms.” It basically offers a personal line of credit. Even if you do not have a credit history, you will be eligible to get a loan from FlexSalary. If there are people who cannot find any other way to get financing, FlexSalary offers an unsecured line of credit. Loan AspectsWhat FlexSalary Offers You?Loan Amount₹ 4000 - ₹ 2,00,000Loan Tenure10 months to 36 months (Based on the loan applied for)Rate Of Interest On loans10% to 12% per annumLoan Processing Fees₹ 650 only (One-time payable only upon Loan Disbursement)Collateral Or MortgageNo collateral requiredLoan Review TimeDepending upon the amount of the loan (may take from 5 minutes to 7 days)Late Payment Of The LoanUp to 5 %, depending on the type of loan applied for.Loan RepaymentLoan repayment is made automatically from the provided bank details as per the approved schedule. Repayment should be made through the mobile app of FlexSalary.FlexSalary Customer Care Number+91-40-4617-5151+919908935151+919100038349CIN NumberCIN U65923TG2016PTC110767AddressUnit A, 9th Floor, MJR Magnifique, Survey No 75 & 76, Khajaguda X Roads, Raidurgam, Hyderabad, Telangana – 500008. Is FlexSalary Safe? Yes. FlexSalary is fully legit and safe. The website is also safe to use as it is HTTPS-secured and SSL certified as well. However, regarding the customer service of the company, many borrowers of loans have complained. Despite that, as per our experience, we think the app works quite well and is legit. Furthermore, the company has a CIN number, and it is registered through the Reserve Bank of India. When Can Flex Salary Comes To Rescue? There are certain circumstances where flex salary comes to the rescue. You need to get through the possible solutions that can make things easier for you. You need to follow certain steps that can make things easier for you to attain your requirements with ease. 1. Don’t Have Collateral Flex salary will offer you unsecured lines of credit loans. You do not have to pledge to your assets if the collateral gets approved for your loan. You need to get through the complete process that can develop things in perfect order. 2. If Your CIBIL Score Is Low Flexsalary will not focus on your CIBIL score to provide you with the loan you need in times of crisis. If you have a low CIBIL score then you must go through the best flex salary options to meet your requirements with ease. 3. Need An Emergency Cash If you are facing a medical emergency and you need the loan on an immediate basis, then you must consider using Flex salary. You need to identify the perfect solution that can make things lucid for your business development. 4. Loan Is Rejected By Banks If you have low income, bad credit history, and banks have rejected your loans, then Flex salary can be the best option for you. Flex salary will offer you loans at times of crisis. You do not have to pay any kind of interest to get these loans. 5. Don’t Want To Pay Excess Interest If you are afraid of bearing the higher interest rates on your loan, then Flex interest loan amounts can be one of the best options for you. If you do not use money, you do not have to pay the interest. 6. If You Need A Loan For A Lifetime Flex salary personal line of credit you can receive for a lifetime. Your credit limit gets filled up once you pay back the withdrawn amount. It works almost like that of a credit card. You need to identify the perfect solution that can make things easier for you. Can You Get An Instant Personal Loan For Your Marriage From Flex Salary? Yes!! You can receive an instant personal loan for your marriage when you opt for the flex salary. If you have an urgent need for cash in order to meet your marriage-related expenses, then Flex salary can be of great help to you. You will get the help for money within a few hours. It can help you to get the desired amount of money for a personal loan when you need it the most from your endpoints. How To Do FlexSalary Login? – Steps To Follow The following are the steps through which you can apply for a loan through FlexSalary: Step 1: Visit their official website and click on "Apply for an Instant Loan." Step 2: You will get a form on the next page, which you will need to fill out and add information into. Add all the documents required to get a loan from the FlexSalary platform. Step 3: There are various verification processes available. You can either apply for Net Banking Verification or you can upload the documents on your own. Once you upload the documents, they will verify your credentials and will tell you what you are eligible for. Through the app, it is almost the same. All you need here is to download the app and register your account with it. FlexSalary – Eligibility Of The Loan Loan RequirementsEligibilityAge Of the Borrower22 to 60FlexSalary Credit ScoreDepends on the type of loan applied for.Type of EmploymentSalaried professionals only.Minimum Monthly Income₹ 8000 (However, it can change depending on the loan amount applied for)Work ExperienceWork experience requirements depend on loan terms and amounts. Required Documents1. Salaried Employees- Identity Proof (Aadhaar / Driving License / Passport / Voter ID) - PAN card - Address Proof (Driving License / Utility Bills / Aadhaar / Passport / Bank Statements / Voter ID) - Last three months Pay Slips - Photo with the applicant’s face clearly visible. (The applicant will be prompted to take a selfie or upload a photo while applying for a loan through the FlexSalary mobile app) - Net banking verification to validate the bank account and salary information of the applicant 2. Self-Employed Individuals- No loan is allowed for self-employed- The applicant must have an employment FlexSalary Reviews From Customers The following are some of the useful customer reviews regarding FlexSalary that you can benefit from: Syed Abrar: “I'm very happy much satisfied with the service Uma Maheshwari are very nice she was helped me through out the process I got the loan amount as soon as the documents were collected best app.” Manjeera Dhfm: “My credit limit was activated in 1day. But I was not able to withdraw amount,due to my account issue, then customer support team interacted with me continuously and solved the problem. Thank you team. They are well mannered employee's who have patience to listen the issue and resolve it quickly.” Selva Raj: “Last month urgently required some amount, one of my friend referred me Flexsalary and they had treat me as a friend and pay me the amount with very minimum documents. Thank you Flexsalary very fast, very effective good customer service really appreciate your overall performance.” Summing Up Hope this article was helpful for you in getting a better idea of the FlexSalary platform. If you are hoping to get a loan from this platform, you need to download the app and register your account. Furthermore, you need to upload all the necessary documents. They will verify and give you the loan within one to five days if you are eligible for it. Do you know of any better loan app, which is registered by the Reserve Bank of India, and offers instant personal loans? Share some of them with us in the comments section below. Explore More: The Amazon Store Card All You Need To Know About BNKU Stock: MicroSectors US Big Banks Index 3X Leveraged ETNs IPOE Stock – Present Price, Forecast, Statistics – Should You Invest In It In 2022?

NIRA Instant Personal Loans: Are They Really Instant?

NIRA Company Overview