Instant Loan Bazartak
Get information about various instant personal loan providers and their key features and charges on Instant Loan Bazartak. It is an online platform that provides users with information about personal and business loans. Also, you can compare various health insurance and term insurance options on this platform.
What Exactly is Bazartak?
Bazartak is an online financial platform that provides information about personal and business loans. You can also compare health insurance and term insurance on this platform.
What is an Instant Loan?
An instant loan is a personal loan type that offers applicants quick access to funds with a streamlined online application process and minimal documentation, which can often be completed within minutes or hours. Instant loans are unsecured and do not require any collateral. They are best designed to address any of your urgent financial needs. These loans are also known as digital or online loans.
Top Instant Loan Options Available in India
Below are the top 5 instant loan options available in India, along with their key features:
| Lender | Loan Amount | Interest Rate | Processing Fee | Maximum Tenure |
|---|---|---|---|---|
| Fibe | Up to Rs. 5 Lakhs | 18% p.a. onwards | Starting from 2% of the loan amount + GST | 3 to 36 months |
| KreditBee | Rs. 6,000 to Rs. 10 Lakhs | 12% p.a. to 28% p.a. | Up to 5.1% of the loan amount + GST | 6 to 60 months |
| Incred | Rs. 10,000 to Rs. 10 Lakhs | 13.99% p.a. onwards | Up to 5% of the loan amount + applicable taxes | Up to 60 months |
| Freo | Rs. 3,000 to Rs. 5 Lakhs | 12% p.a. to 36% p.a. | 2% of the loan amount + GST | 3 to 36 months |
| Prefr | Rs. 25,000 to Rs. 3 Lakhs | 18% p.a. to 36% p.a. | 3% to 5% of the loan amount + GST | 6 to 36 months |
How to Apply for an Instant Loan on Bazartak?
You cannot apply for an instant loan on Bazartak, as this website only provides information about instant loans. However, if you wish to apply for instant personal loans, you can follow the steps given below:
- Visit the official website or download the mobile app of the lender.
- Register by using your mobile number and email ID.
- Fill out the online loan application form by mentioning your personal, professional, and financial information.
- Upload the required documents online.
Instant Loan Bazartak FAQs
No, Bazartak does not provide instant loans. It is just an information-providing platform.
Bazartak is a platform that provides information about personal and business loans. It also helps you compare health and term insurance.
Reshma Rawat is a passionate writer, with a decade of experience in writing for a variety of domains (finance, technology, lifestyle, e-commerce, real estate, etc.). Currently, she is working as Assistant Manager - Content @MyMoneyMantra, and writes blogs & webpages on financial products (loans, credit cards, insurance, financial policies by government, mutual funds, etc.
Abhijeet Singh has comprehensive experience in business writing, content management, SEO, social media and user analytics. Key areas of expertise include stock markets and personal finance.