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Branch Loan App 2024: If you also want an instant loan sitting at home, then today you are reading the right article because today we are going to give you all information about such an Instant Loan Application with the help of which you can take loan sitting at home. You can get a loan with the help of some necessary documents and information.
In this article, we are going to give you step by step information about how to take loan from Branch App?
- What is Branch Loan App?
- Do you need eligibility to take loan from Branch App?
- What documents will be required to take loan from Branch App?
- How much personal loan will you get from Branch App?
- How much interest is charged on taking loan from Branch App?
- What will be the Branch App Loan Repayment Tenure?
etc. will be told. Along with all this, all other necessary information related to Branch App will also be told to you in details. Along with this, we would also like to tell you that this is a small personal loan app, so if you want a loan of lakhs of rupees, then this Branch App will not be able to help you in this.
For this you can use loan giving apps like MoneyView or KreditBee. But if you want to buy any essential household item, buy a smartphone, need money to go somewhere or need less money for any other work, then you should definitely use the Branch Loan App.
Let us then know about the app that provides instant branch.
Do Read :- PNB Personal Loan Kaise Le 2024
What is Branch Personal Loan App?
Branch App is an online personal loan mobile application with the help of which one can avail loan from home using mobile. It is a simple and secure loan providing mobile app which is very easy to use. Branch App is fully registered by RBI and NBFC.
This app provides loans not only in India but also in countries like Mexico, Kenya, Nigeria. Branch App has been downloaded more than 10 million times from Play Store so far. Besides, it has also got a star rating of 4.4. Initially, through this app, loan up to Rs 50,000 can be taken with interest rate ranging from 2% to 3%.
Branch App Loan Types
A person can avail the following types of loans with the help of Branch App.
- Medical Loans/Emergency Hospitalization Loans
- Shopping Loans
- Home Renovation Loans
- Education Loans
- Vehicle Loan
- Travel Loans
- Wedding/Marriage Loans
- Student Loans
What is required to take a loan on Branch App?
By following the following 4 steps, you can get a loan with the help of Branch App. Let us know how to create an account on Branch Personal Loan App:-
- First of all, download the Branch App on your smartphone from Play Store.
- After this you will have to create your account in Branch App.
- After creating an account, you will have to apply for a personal loan.
- Finally, when you become eligible for the loan, the loan amount will be transferred to your bank account.
How to take loan from Branch App 2024 ?
If you do not know how to take loan from Branch App, then follow the steps given below.
Step 1: Download the Branch App first with the help of Google Play Store.
Step 2: As soon as the Branch App opens, select your language and click on Continue.
Step 3: After this you have to click on the option Take me to Register or Sign In.
Step 4: If you are using Branch App for the first time, then you will have to click on the option I am New in Branch. But if you have used this app before and have created an account in Branch App, then click on I have a Branch Account.
Step 5: Now select your country and click on the option of Register with Phone Number.
Step 6: Now enter your mobile number and click on Register New Account
Step 7: Now OTP will be sent through SMS on whatever mobile number you have entered which has to be verified. Once the verification is completed, your account will be created on the Branch App and you will reach its home.
Step 8: Next you have to click on the option of Start Your Loan Application as seen in the picture.
Step 9: Now you will also be asked for access through the Branch App, you have to allow it.
Step 10: Now next you have to select your ID type like Aadhar or Voter ID, choose any one of them and click on the Continue option and upload a clean selfie of yours.
Step 11: After doing all this, Branch App will ask for some basic information from you, after filling it, it will check your credit history.
Step 12: Finally, if the Branch App approves you for getting the loan, then the loan amount is transferred to your bank account within the next 8 to 24 hours.
Therefore, this whole process is very easy and we hope that you must have understood how to get loan from Branch App?
Do Read:- Rupeek Gold Loan Kaise le?
Qualification required to take loan from branch
If you want a loan from Branch App then the applicant must possess the following qualifications.
- Applicant must be a resident of India
- Applicant must be at least 21 years of age or older
- Applicant must have Aadhar Card, PAN Card and Bank Account
- The applicant must also have a good credit score.
Documents required to take loan from Branch App
It is also important to have the following documents if you want a branch personal loan.
- It is necessary to have PAN
- It is necessary to have Aadhar card
- It is necessary to have a bank account number
- a nice selfie
How much loan can one get from Branch Loan App?
As we already told you that Branch App is a small personal loan giving platform, due to which you cannot take a loan of lakhs of rupees with its help. Rather, with the help of Branch App, you can take a loan ranging from Rs 750 to Rs 50000. If you need a loan for any important work then you can take loan from Branch App.
How much interest is charged on taking loan from Branch App?
You can get loan from Branch App with very low interest rate. Loan can be applied on Branch App with only 2 to 30% interest rate.
For how long will the branch personal loan be available?
If we talk about Branch App Loan Tenure, then we would like to tell you that loan can be taken from Branch App with a repayment period of 62 days to 6 months.
What will happen if branch loan is not deposited?
Doing this can damage your credit score. And you may also have to pay full fine and penalty for this.
Branch App Loan Customer Care Number
If you face any kind of problem while taking loan from Branch App, then you can contact the Branch App team through the contact details given below.
Customer Care Number – +91 9324925330
E-Mail ID – support@branch.co
Official Website – https://branchapp.in/ (In India)
Address – WeWork BKC, C-20, G Block Road, G Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400051.
How long does it take to get a loan on Branch App?
When a person applies for a loan in the branch app, the loan amount is transferred to the applicant’s account within 24 hours of application.
Do Read:- Buddy Loan App Se Personal Loan Kaise Len
FAQs(Branch Loan App)
Can I get a loan at the branch?
Yes, if you are a resident of India and your age is above 21 years then you can apply online loan on Branch App anytime.
How much interest does the branch charge?
The interest rate of branch loan ranges from 2% to 30% per annum. Branch App charges minimum interest if EMI is deposited on time.
Is Branch Loan App available on iPhone?
At present the Branch Loan app is available only for Android phones. You cannot apply for branch loan on iPhone.
Who owns Branch Loan?
The founders and owners of Branch Loan App are Matt Flannery and Daniel Jung. Of these two, Daniel Jung is Chinese.
How good is branch loan?
Chuki Branch Personal Loan App is a Chinese app, hence it cannot be called very good. My advice is that you should apply for urgent loan on Paytm, Navi, Money Tap etc.
Is Branch Loan App safe or not?
Branch App is a trusted app, it is an NBFC-certified and secure application.
conclusion
If you have read this article till the end, then you would now know well how to apply for Branch App Loan. We have provided you all the information step by step through this article.
Therefore, we hope that all of you must have liked this article on Loan Kaise Le from Branch App. If you like the article then do share it.
