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What can you do with an advance salary loan in India?

Author: Rohit Khamkar
by Rohit Khamkar
Posted: Jan 12, 2020

Takers of an advance salary loan in India seem to be on the rise. More and more borrowers have made such financial solutions their number 1 option when it comes to covering financial shortcomings. However, such loans are still relatively novel to borrowers in India and so many individuals aren’t exactly sure what they can use these loans for. Keeping this in mind, the following article will go over some of the common uses for such financial solutions. Check it out!

1. Bill payments.

It’s not uncommon for bills to pile up just when we are running low on monies. In such a scenario, fail to pay the bills and light connections start to get disconnected, phone services are blocked, DTH connections are cut, or God forbid, the internet is shutoff! Well, such dire situations are all easily avoided by taking an advance salary loan!

2. Travel plans.

They say the best plans are unplanned, and it’s true! Those impromptu getaways always hold the best memories. Unfortunately, many of us have to turn away from such plan due to financial shortcomings. Not anymore! You can take an advance salary loan in India to cover your travel plans. You can then repay the loan amount easily in up to 12 months!

3. Grocery bills.

Imagine this, it’s the month end and things are looking extremely tight. You think you’ll just about scrape through until the next pay cheque and suddenly you realize that you need to buy a long list of groceries, without which there won’t be provisions to survive! Instead having a panic attack, just reach for your phone and download an app that provides an advance salary loan in India. Then fill in your details, submit your documents and voila, you’ll have the money you need within 2 hours! The best part, such loans are perfectly suited for smaller finance needs such as the groceries as they provide loan amounts starting from just Rs. 1,000.

4. Medical expenses.

Medical emergencies can crop-up when you least expect them. Also, judging by the cost of healthcare and medication these days, such emergencies could leave a huge dent in your wallet. But what happens when you’re not financially prepared to handle such a situation, then what? Well, you can get an advance salary loan in India to help you out. You can get loan amounts up to Rs. 20,000 with just a few taps and clicks. This should help you steady the boat and recover with ease.

5. Repairs, renovations!

Car repairs, bike repairs and home renovations – these are expenses that don’t usually come around, but when they do, they cost a lot of money. Sometimes, you might even need a little extra dough to cover these expenses! Thankfully, you can get an advance salary loan in India and bridge the gaps with ease. Now, give your home a makeover or ensure you vehicles are in mint condition by covering your repair/renovation costs with a salary advance loan!

Hope this has been helpful, good luck and

About the Author

I am a finance advisor who loves to write during my spare time. I have considerable information about the advance salary loan. So for more information contact me.

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Author: Rohit Khamkar

Rohit Khamkar

Member since: Jan 08, 2020
Published articles: 2

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