LenDenClub Personal Loan

Important information about LenDen Club

Features and Benefits of Applying for a Personal Loan from LenDenClub through the InstaMoney app: 

The below-listed are the features and benefits of applying for a personal loan from LenDenClub from InstaMoney app: 

1. Quick Processing: The loan gets approved within minutes when you apply for a loan using InstaMoney app. 

1. Digital Process: You can complete the entire loan application process digitally, and there is no need for physical documentation. This process makes it easy to avail yourself of the loan. 

1. Flexible Loan Tenure: The repayment tenure of the loan is flexible and you can choose your repayment period as per your convenience. 

1. Security: Though the loan application and approval process is completely digital, it is secure and transparent. 

Eligibility Criteria to Apply for a Personal Loan from LenDenClub through the InstaMoney app: 

The below-listed are the eligibility criteria to apply for a personal loan from LenDenClub from InstaMoney app: 

1. The applicant should be an Indian citizen. 

1. The applicant should be minimum 18 years of age up to 45 years. 

1. The applicant should earn a minimum income of Rs.12,000 in a month. 

1. The applicant should complete the Know Your Customer (KYC)  process. 

Documents Required to Apply for a personal loan from LenDenClub from InstaMoney app: 

The below-listed are the documents required to apply for a personal loan from LenDenClub from InstaMoney app: 

1. Valid Identity Proof: PAN card, Aadhaar card, Ration Card, Passport, etc. 

1. Valid Address Proof: Aadhaar card, Bank Passbook, Ration Card PAN card, Passport, etc. 

1. Valid Income Proof: Salary Slips (not more than three months old), Bank Statements, etc. 

Note: The above-listed documents are in general and you may be requested to submit additional documents to avail yourself of a loan based on your application and internal policies. 

How to Apply for a Loan from LenDenClub through InstaMoney app: 

Follow the steps given below to apply for a loan from LenDenClub through InstaMoney app: 

Step 1: You need to download the InstaMoney mobile application. 

Step 2: Fill in all the required information and check your eligibility criteria. You will know your eligibility status within two to five minutes duration. 

Step 3: Select the loan amount as per your requirement and also the repayment tenure. 

Step 4: Next, you will be required to upload the necessary documents to complete the verification process. 

Step 5: Once the verification process is complete, and the loan agreement is submitted, your loan amount will be transferred directly to your bank account. 

A good credit score can help you secure lower interest rates on loans and credit cards.

Get Free Credit Score