Get Instant ₹10,000 Personal Loan Online in India (2024)

Buy a budget-friendly smartphone for your child's online class

Due to the coronavirus pandemic, life has gone through a sea of changes. In response to the critical situation, schools have adopted smartphones and laptops as learning tools and as a medium to deliver online classes.

If you do not have a laptop/smartphone to spare and are short on cash to buy another, a small loan of ₹10,000 can help you buy a budget-friendly smartphone, thus ensuring that your child's learning is not interrupted.

Purchase gifts for your loved ones

Be it a birthday or a festival; every happy occasion has to be celebrated. And there is no better way to show your love and care for your loved ones than giving them gifts. But a cash shortfall can ruin your chances to display your affection, especially if the occasion falls at the end of the month. A loan of ₹10, 000 can help

If you are wondering what gifts you can buy within a ₹10,000 price range, here are a few options:

• Smartphone
• Gift card
• Bluetooth earphones
• Coffee maker
• Smartwatch
• Sunglasses
• Watch

Enrol in certification courses to enhance employability

In today's challenging job market, having specialized skills is a hot commodity. To increase your employability, get a promotion, or break into a competitive industry, enhancing your skills and knowledge through certification courses is a great idea. But paying for certification courses isn't always easy, and you might have trouble financing it. In such cases, a ₹10,000 personal loan can help.

Replace or upgrade your home appliances

Your reasons to buy new home appliances could be any or all of these:

• You need to upgrade to the latest model.
• Your old appliance is broken down and is beyond repair.
• You need to upgrade your kitchen.

However, newer models have a steep price tag. Most of the time, you might not have the funds to pay for them. Even if you do have sufficient funds, spending money in one go to get just one product may make your monthly finances suffer. So, instead of overstretching your financial capabilities, getting a small loan is a practical solution.

Some of the home appliances you can buy with a ₹10,000 loan are:

• Mixer
• Oven
• Microwave
• Cooler
• Water purifier

Stay prepared for emergencies

No matter how much budgeting you do, there are some expenses you just can't account for. When you need just an extra little bit of flexibility to overcome the unexpected bumps in the road that life tends to deal out from time to time, a small loan of ₹10,000 can help.

Examples of emergencies where a ₹10,000 personal loan can help:

• Medical emergencies

  When you have a medical emergency such as an accident or sudden illness that requires immediate hospitalization, you need urgent access to money to ensure medical expenses associated with hospitalisation, urgent medical tests, medicines, etc. are taken care of on time. In such cases, an instant ₹10,000 loans ensure that you get the medical care you need immediately without having to wait for funds.

• Car repairs

  When your car breaks down, you don't have much choice – you've got to get it fixed. But car repairs don't come cheap, and if your finances are already tight, then a few extra thousands can easily put you in a difficult position. A small loan of ₹10,000 online can take care of the bulk of the cost and get the car back on the road quickly.

• Home repairs

  Many people don't budget for unexpected home damage. So when an unexpected emergency strikes, a small loan can help you deal with repairs when you might not have the cash on hand to cover the expenses. Some of the home repairs that can be easily taken care of by a ₹10,000 loan are:

  • Wall seepage
  • Leaky drainage system
  • Water pipes burst
  • Leaky faucets

• Unexpected increase in utility bills

  Your monthly utility bills are something you budget for every month. Due to the pandemic situation, as most of us are staying home, either working or attending online classes, we have been consuming a lot of energy for our day to day activities. Due to high consumptions of the following, it's quite possible for you to receive bills that are unexpectedly high:

  • Internet
  • Phone
  • Electricity
  • Cooking gas

  A small personal loan of ₹10,000 can take care of these bills without putting much strain on your finances.

• Sudden loss of a family member

  Loss of a family member is obviously an upsetting time, but it also brings the added financial difficulty, particularly when you have to travel a long distance to attend the funeral urgently. Last-minute travel is always expensive, and many people don't have that kind of money to spare. In such cases, a small loan of ₹10,000 can be a good option to help deal with this unforeseen cost.

Download MoneyTap App & register

Fill up basic details such as age, city, PAN number, & income so we can determine your eligibility.

KYC documentation

After the approval from our system, we’ll schedule a KYC visit to your house / office to collect documents.

Transfer Money to your Bank

Credit line is ready to use! From the approved limit, transfer as much money as you need to your bank account.