How long does it take to apply for a loan?
It takes about five minutes to complete a loan application. We don't believe in unnecessary paperwork – the simpler, the better. That being said, please take your time and make sure you add all the necessary information required for a successful loan application. It’s important because it will influence your ability and the specifications of your loan.
If you accept the initial loan offer, you have to first confirm your bank account. You can then submit a bank statement via Instantor.
It takes just a few minutes to prepare a final loan offer. And if it takes longer, we'll let you know.
Once you've received the final loan offer, you must sign the loan agreement with the PIN code sent to your registered phone number. Once you've signed it, we'll immediately transfer the loan amount to your bank account. You should receive the money within a few hours. Please note: It might take longer on public holidays and weekends.