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Easy Short Term Loan Interest Rate offers in Ahmedabad from 1.5% flat per month onwards for the month of May 2024

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Cashkumar Ahmedabad


Best Short Term Loan Providers in Ahmedabad

Short term loans are a form of credit which are essential for small needs and requirements be it travel, an occasion or just to clear a high interest debt. Cashkumar provides an option to obtain short term loan in Ahmedabad through a peer to peer lending service. The P2P model lets borrowers with small requirements to obtain funds from other individuals and pay back in easy instalments with a facility to pre-close.

Ahmedabad as a city is at the forefront of business, commerce and industry in India housing a large population of salaried individuals. Short term loans provide a great alternate credit option for these individuals with varied profiles and different requirements. The quantum of loan offered by Cashkumar is between Rs. 20,000 to Rs. 1 lakh and the tenure is between 3 to 12 months with a flat and fixed rate of interest. Individual lenders from across the country pledge amounts as per their appetite and earn interest on their investment from borrowers.

While processes are part and parcel, short term finance though Cashkumar’s peer to peer lending in Ahmedabad is faster as most of it is done online through the use of technology. The processing times are faster as compared to conventional loan providers and a lot more flexible. Salaried individuals looking for a small amount and a quick loan can apply instantly by registering on the site and uploading their documents. A short term loans through peer to peer finance is especially helpful for the following situations:

  • Inability to get a loan from a bank as the amount is small
  • Loan declined by a bank due to lesser salary
  • Loan not granted by banks as company is unlisted
  • Need to repay loan quickly without foreclosure charge
  • Inability to get a loan because of zero or low cibil score or credit score

Salaried individuals in Ahmedabad looking for a fast and effective loan service can avail a P2P loan through Cashkumar for a 3 month, 6 month or 12 month tenure. With recognition from the government, peer to peer lending is poised to become a major source of alternate lending benefitting borrower and individuals interested in lending. A short term loan through Cashkumar, with highly responsive team, is a great source of funds to tide over specific needs for funds. Call us now for more details or register for a loan by filing in your details on the form.

Eligibility Criteria for Short Term Loan in Ahmedabad

  • Age of the applicant should be between 21-60 Years
  • Salaried individual with minimum income of Rs 20,000. Salary bracket would again depend on the city you live in and the company you work for. Eg. If you are in a Metro the salary requirement will be higher than non-metro and again if you are working in a top MNC the salary requirement would be lesser than one working with a startup.
  • Should be staying in the city for at least 1 Year
  • Total work experience should be at least 2 Years
  • You would require basic documentation such as your address proof, identity proof, latest bank statements etc

Documents Required for Ahmedabad Short Term Loan

  • Three passport size photographs
  • ID proof – Passport/voter ID/ Aadhar or drivers licence
  • Residence Proof – Passport/ Landline bill/ post paid mobile bill/ rental agreement or Bank Statement
  • Pan Card copy
  • Age Proof – Passport/ drivers licence/school certificate or Pan Card copy
  • Income Proof - Latest 3 months salary slips
  • Banking Statement - 6 months bank statements
  • Job Stability & Continuity – Offer Letter, Relieving Letter and Form 16

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How we work?

We have greatly simplified your Short Term Loan search in Ahmedabad and will help you get it in four simple steps,

Step 1

Start your Short Term Loan search by using our simple natural language form. Trust us, it takes only 37 seconds to complete!

Step 2

Your information is then passed through our proprietary eligibility algorithm
to tell you your eligibility and the rate of interest for your profile in Ahmedabad.

Step 3

After that your loan requirement will be showcased to the various quick loan providers in Ahmedabad.

Step 4

You will be able to track the different lenders on your Cashkumar Account and your loan amount should reach your bank account successfully in a few days.

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