Thursday, 17 September 2020

Top 5 Apps For Students To Get Personal Loans With No Income Verification in India

Top 5 Apps For Students To Get Personal Loans With No Income Verification in India

Top 5 Apps For Students To Get Personal Loans With No Income Verification in India
Image by Jan Vašek from Pixabay 


Being a student, taking out a loan was never an easy process, you need proof of income, a small salary, bank statements or even a small business. But in general, students do not have a monthly salary to apply for a loan. But fortunately we have found some institutions today and students can easily apply for a loan and pay off over time.

Student Apps To Get Your Loans Without A Financial Assurance In India

I have a list of 5 apps that offer students loans. And some of them only give students credit but not anyone else. Yes, you will take out loans from private companies, not banks.

In fact, taking a loan online is the best way as you do not have to go to a bank to apply for a loan. Since this loan is for students, the eligibility and requirements are small, but you really need them.

Eligibility for a loan

  • YOU NEED to be 18+ to take out a loan from these apps.
  • You should definitely READ ANY CALL.
  • You must be an Indian citizen, but not any.
  • Loan requirements
  • You need a STUDENT CARD (or) even MARKS CERTIFICATE or FEE RISITT.
  • You need an AADHAR card.
  • YOUR PICTURE
  • You need a PAN CARD, but the PAN Card is mandatory, not mandatory. It's better if you have it.
  • This is a minimum wage for anyone who can borrow money.


Starting with the most popular app

1. Krazy Bee

Top 5 Apps For Students To Get Personal Loans With No Income Verification in India


Krazy Bee is a popular app that gives students credit only. First of all, Krazy Bee is an app that helps students to purchase products online at EMI, as students do not have credit cards, they can use Krazy Bee and purchase products at EMI. Krazy Bee focuses on electronic goods and will also feature a large header image and a large menu of their website. 5 Student Loans Programs Without Guarantee In India 23.

You can find any products by pasting the URL of the product page. 5 student loan programs without guaranteed income in India 24

In addition to buying the product online, you can even earn money. You can do that by re-paying Paytm for the Krazy payment loan amount.

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Finally, you can apply for a Pay Card, which is similar to a credit card. You can usually use it anywhere or online as a credit card.

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You can also use Krazy Bee for 2 wheel loans, semester loans etc. (Renewal: Withdrawal of two-wheeler and semester loans)And 1 thing, you need to know for sure about Krazy Bee is CREDIT LIMIT. Once approved, you get a credit limit of Rs 5000.

There are 3 ways to increase your credit limit. They are called "Boosters".

  • Booster 1: Sign a NACH form that links your bank account to your credit limit.
  • Booster 2: Get Dad's approval for a high loan loan.
  • Booster 3: Install the KrazyBee Android App and click the “Sync” option.

But I suggest you get permission from the parents if you are willing to borrow more money. Pay EMI well and you can always increase your credit increase.So, you have all the resources with Krazy Bee, and to get a loan, follow the procedure below.

The step-by-step process for getting a Krazy Bee loan

  1. Register yourself at the KrazyBee website. (Use guiding code: RAVI398 to get 500 points after first order)
  2. Fill out your profile by filling in more details about yourself.
  3. Enter your KYC documents.
  4. Place your order.
  5. Expect your profile to be verified based on the information provided in step # 2 and # 3. The verification process includes physical verification by your campus manager and receiving a call from your verification team with your details. This takes anything between 24 and 72 hours.
  6. Once your profile verification has been made and approved by our team and our program, your order will be approved and you can pay the minimum amount for your order.
  7. Once payment has been received, your order will be processed within 24-48 hours and you will get a close-up purchase of your product over your phone and email.
  8. In the case of a PayTM purchase, your order amount will be transferred directly to your wallet linked to your mobile portable number.
  9. Prior to delivery of your product, you will be asked to sign a Credit Agreement indicating that you have been provided with a credit line.
  10. You can now enjoy your product and make your own EMI payments on time to get improved credit limit and lower price levels on your next purchase.
  11. In order to approve the following orders, verification is not performed, instead it depends on the payment history and credit available to your account.
  12. Subscribe to Krazy Bee using Referal code and get 500 points after your first order. You can redeem these points for cash and also transfer to Paytm wallet.

2. Slice Pay

Top 5 Apps For Students To Get Personal Loans With No Income Verification in India


Slice Pay is a service similar to Krazy Bee. Similar to Krazy Bee and only student service. All you have to do is submit your details and documents and start getting a loan on a slide salary.

Required:

PAN / AADHAR card

College ID card

Your information will be approved by Risk Engine and in the next 72 hours, you will receive a credit limit of Rs 4000. You can upgrade your credit limit to Rs 60,000. 5 student loan programs without guaranteed income in India 27

You get a payout card and monitor your transactions from the Slice Pay app. You can make a purchase, Book cab, Order food, Watch a movie and what not and pay the bill back to EMI.

Once you have a loan, you can pay off all the money you pay in the next 16 - 24 month or you can even pay your installments.

You can find inexpensive EMIs in the top 11 brands

  • Flipkart
  • Amazon
  • Myntra
  • BookMyShow
  • MakeMyTrip
  • ClearTrip
  • BigBasket
  • Uber
  • UberEats
  • PepperFry
  • NYKAA

The Slice Pay Card applies to most products, but these 11 products do not receive a cost EMI. In order to be able to use cash in these applications and you do not need to pay extra EMI

Similar to credit cards, many online and offline brands offer special offers and discounts when you pay with Slice Pay Card.5 Student Loans Programs Without Guarantee In India 28

3. M Pokket

Top 5 Apps For Students To Get Personal Loans With No Income Verification in India


Mpokket is also an app that only offers student loans. But compared to Krazy Bee & SlicePay, M Pokket is simple and clean. There is no support from other E-commerce sites for purchasing products and you do not receive a transaction card.

M Pokket gives you a loan and you can transfer it to Paytm or a bank account. It's that simple.

Required:

  1. AADHAR card
  2. College ID
  3. It also asks for certain selfies and also asks to fill in some details. Don't worry, the whole process is very simple, just fill in your details. Once you have all the details, your account will be accepted within 24 hours.

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You will receive an immediate Rs 500 after approval. You can take out a loan within that credit limit and pay it back in full or in installments. Your credit limit will increase over time, depending on your behavior, performance, and payment of EMIs within the due date. M Pokket says there is no big limit.

4. Smart Coin

Top 5 Apps For Students To Get Personal Loans With No Income Verification in India


There is a difference between smart money and previous apps, which smart currency offers everyone a loan, students are also one of them. All you need is an AADHAR Card and Mobile Number.

5 Student Loans Programs Without Guaranteed Income India 30Smart Coin offers instant loans once you get a permit. Their goal is to provide assistance to everyone who needs money immediately.

It asks what your salary is, but it will not ask for any proof of income. Just fill it out, how you will earn money and you will be accepted without any problems. A smart coin also asks for your selfie and signature. Once you have completed everything, you will be approved within 1 day.

Initially, you will receive Rs 1000. You can increase your credit limit slightly, as with all previous apps.


5. Zest Money

Top 5 Apps For Students To Get Personal Loans With No Income Verification in India


Zest Money is another loan application that also helps you buy, book online etc.

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This also requires AADHAR card, Selfie, etc. It also asks for a bank statement, but not to obtain proof of income but to verify the address.

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Zest Money has faster and higher approval rates, so you don't have to worry about approval.

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As with previous applications, the credit limit will increase over time depending on your usage. You can take out a lot of loans, but you need to repay them, so you can get more credit and use it in the future.



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