What is EarlySalary and how to get a Personal Loan from it?
The EarlySalary is an app which gathers your social data and offers you a loan on the basis of your ‘Social worth Score’ which utilizes your social media profile to figure out the credit-worthiness. In this score, you will see credit score and a social media score. This score makes you eligible to avail a loan sum. Within a day (working), the amount credited to your account. Early is one of the mobile-based FinTech companies backed by non-banking financial companies from where any salaried person can get instant short-term Personal Loan based on their profile of social media.
Quantum of the loan provided:the basis of your profile, you can get the loan starting from Rs. 8,000 to Rs. 1, 00, 00 and the interest rate will be 0.09 percent a day. When it comes to tenure then it will be from 7 to 43 days. You can choose to repay the sum of the loan before the due day, without giving any additional charges.
Eligibility & Documentation:
If you’re a salaried Indian Citizen, your age is up to 21 years and your monthly income is above Rs. 20, 000 then you can you apply for a loan from EarlySalary. The documentation is extremely simple; you just need to take a selfie and scanned photos of your original documents. Documents you need:
- Permanent Account Number (PAN) card
- Valid Passport/Aadhaar card/Driving license
- A canceled cheque of your salary bank account
- Salary account bank statements (Last 3-months)
How to get a loan with the help of EarlySalary?
You just need to download the EarlySalary app, install it and then step by step complete your application. For more information, you’re free to visit DialaBank or simply get in touch with our professionals.