Need urgent funds? Here’s how you can get a personal loan in minutes

The requirement of emergency personal loans has seen a sharp rise during the second wave of the Covid-19 pandemic. Individuals who require funds urgently can apply for an instant personal loan. Here is all you need to know.

Availing a personal loan from a bank is now much easier than it used to be a few years ago, thanks to the integration of online and digital services. An individual can now apply for a personal loan online within minutes, either through net banking or the bank's mobile app. The loan disbursement process has also become hassle-free and quick. If all details submitted to the bank by an applicant are accurate, the loan could be disbursed within a week or a couple of days. However, there have many instances of urgent fund requirements during the second Covid-19 wave. In some cases like health and medical emergencies, people require fund disbursement within a day.