8 Things To know About Instant Personal Loans

Outlook Money

Instant Loans

Instant loans have a quick approval process, providing individuals with immediate access to funds.

Instant Personal loans


Caution and prudence should be exercised while availing these loans to avoid debt traps.



These loans are readily available through banks, online lending platforms, and other financial institutions.


Easy To Apply

With the digitisation of banks, it is easy to apply for these loans from the comfort of your home or office.

Digitization of banks

Processing Time

Unlike traditional loans, these loans are processed quickly after submitting the application.

Processing Time

Interest Rate

The interest rate on personal loans is higher, as they are unsecured loans.

Rate Of Interest

Loan Amount

Instant loans typically offer amounts from a few thousand to several lakhs of rupees.

Compiled by Syed Muskan

Loan Amount