How to take a loan of Rs 2,000 from the bank in just 2 minutes sitting at home – Friends, if you remember, till a few years ago not everything was digital, we had to wait for a few days to do every work. To get loans from banks, we had to stand in long queues and face paperwork hassles.
But today, thanks to everything, everything has become digital and talking about loan, you can easily take a loan of Rs 2,000 sitting at home to meet the needs of the family. You can select the loan amount as per your requirement in just 2 minutes and then you will not have to give any other information to the bank, your loan will be transferred to your account in just 2 minutes.
ill the form
There is no need to visit the bank like before, everything has become online. To take a loan, you will have to go to the official bank website or install the loan giving app. You have to fill some information like name, address, pincode, e-mail ID, mobile number, and income. This information is protected under the privacy policy of the Bank and is not shared with any other industry.
Select loan amount as per requirement
You can select the loan amount as per your wish to take the loan. Some apps or banks will ask you a number of questions before releasing the loan. These questions are asked to ascertain your reputation, such as “What is your monthly income?” or “Are you currently repaying any loan?” And so on. Depending on the loan amount selected by you, the loan disbursed to you is decided at the end of the application process.
Benefits of loan facility of Rs 2 thousand provided by the bank
1. One of the biggest benefits of this loan is that it can be availed without any documents.
2. For an employee receiving salary, this loan provides important help in the last days of the month.
3. The loan is provided to you in paper form.
4. You can use the loan cash amount for any purpose.
5. In case of sudden need the loan is directly added to your account.
6. You can also add this loan limit to your UPI wallet.
7. You can also repay small loans in 30 days.
8. On the loan of Rs 2 thousand provided by the bank, you will have to pay interest only after 30 days.
9. Auto debit facility is given to you by the bank to repay the loan.
10. Here you get loan only on the basis of account balance.
11. There is no need to provide any income proof to get the loan.
12. You can use the loan amount for payment of petrol, mobile recharge and grocery.
13. No processing fee is required on the loan.
Eligibility for loan of Rs 2 thousand from bank
Often we all look for financial assistance for our needs. Be it to realize a dream, cover expenses or meet your family’s needs, a small amount loan offered by a bank can help us during this time. In this article, we will give in-depth information about the eligibility for loan of Rs 2 thousand from the bank. Before we understand how the bank determines loan eligibility, we should know what are the conditions for eligibility for this loan.
Three important factors of eligibility
1. Credit Score:
The most important factor in bank loan eligibility is credit score. When seeking a loan, the bank will check your credit score which is based on your history of previous loans, credit card usage and financial renewals. With a good credit score, your eligibility increases as it shows the bank that you have made timely payments for previous loans and credit cards. Therefore, having a good credit score is the first step to increase loan eligibility.
2. Realization of income
A person’s income is also an important factor in his loan eligibility. The bank looks at the actual income of the loan seeker for the correct eligibility of a loan. This helps them to check whether it will be enough money to repay the loan. Your income may depend on your job or business, stability, and financial condition. Therefore, your income is significantly considered by banks while determining loan eligibility.
3. Previous Loan History
The third important factor of banks is the previous loan history. The condition of a person’s hair, loan history already in the bank account, etc. is an important data for the bank. If a person is already repaying loans to some other bank or has made any delay in payment, the bank may calculate it as some negative points for the loan eligibility. To clear prior loan history, always try to make loan and credit card payments on time and keep your image confidential.
Documents required to take loan of Rs 2 thousand from bank
1. Passport or Aadhar Card
Passport or Aadhaar card acts as your identity and confirms the information entered by the bank. If your passport is available, it is accepted as the minimum document. Aadhaar card can also be used by the bank, but as per the limitations of some banks, an additional official document may be required.
2. Eye certificate
Income certificate is necessary to confirm your annual income. You can get this from your boss or your business leader. The income certificate may include information about your monthly or annual income, company or independent business name, type of income, and currency of income. If you are in a top position with an employer, you may also need to submit documentation proving your identity to the employer.
3. Bank related documents
If the bank asks you for bank related documents to take a loan from any other bank, then you should have complete information about it. Many banks will ask you to submit the following documents to their office:
- Bank account statement
- Previous loan information
- property certificate
- Business Information (if required)
- Information Management System (if necessary)
Note – Only three documents are mentioned here, but the complete list of documents may vary as per the bank’s rules and application process. Therefore, get in touch with the appropriate bank or loan provider and get the exact document list for your particular case from them.
How to take a loan of Rs 2 thousand from the bank
In today’s digital age, taking a loan online from the bank has become very simple. Here we are telling you about some easy and guided steps by which you can easily take a loan of Rs 2 thousand online from the bank:
1. Go to Google Play Store or bank’s website
As a first step, you need to visit the Google Play Store or the bank’s website on your smartphone or computer or laptop.
2. Fill the required details
You have to provide your required details like name, address, Aadhaar card number, pincode, bank account details etc. to fill your loan application. Note that you have to fill all the details correctly and accurately.
3. Upload required documents
In your loan application process, you will have to upload the document or documents required by the bank. You may need to include your Aadhar Card, PAN Card, Income Certificate or any other required document.
4. Check confirmation by bank
After submitting your loan application, the bank will review your application to verify it. Here you will have to have some patience, as this process may take some time.
5. Select loan currency and tenure
As soon as your loan application is approved, you will be required to select the currency and tenure of your allotted loan. This will be possible depending on your content and income earned.