Micro Loan (Under 50K)

At EG Money, we believe that small financial needs shouldn’t have to wait. Our Micro Loan service is designed to help individuals and small businesses access quick, flexible, and affordable funding for personal or business expenses, no matter how big or small. Whether you're managing an emergency, funding a short-term project, or covering unexpected costs, EG Money provides an instant micro loan solution with a simple online application process.

Why Choose EG Money for Your Micro Loan?

Instant Online Application: Apply for your micro loan anytime, anywhere through our easy-to-use online platform. No more long queues or paperwork—just fill out the form, and you’re good to go.
Quick Approval & Disbursement: Our streamlined process ensures instant approval for eligible applicants. Once approved, we guarantee fast disbursement of funds, often within 24 to 48 hours.
Minimal Documentation: We understand that time is of the essence, which is why we only ask for basic documentation to process your loan, making the entire experience faster and easier.
Flexible Loan Amounts: EG Money offers micro loans ranging from INR 5,000 to INR 50,000 (depending on eligibility), perfect for managing small, urgent expenses.
Affordable Interest Rates: Enjoy competitive interest rates that make our micro loan services not only fast but also affordable. We ensure that our rates are designed to fit your budget and repayment capacity.
No Hidden Fees: We believe in transparency. There are no hidden charges or processing fees, and all costs are clearly outlined from the start. What you see is what you pay.

Features of EG Money Micro Loan

Instant Approval: Our system offers instant approval based on your eligibility, so you don’t have to wait long for a decision.
Flexible Loan Tenure: Choose from flexible repayment terms that suit your financial situation, with EMIs starting from 3 months to 12 months.
Unsecured Loans: No collateral is required for a micro loan with EG Money. Just apply with your basic documents and get approved quickly.
Convenient Repayment Options: Pay back in easy monthly installments with flexible options that fit your budget and income cycle.
Complete Transparency: EG Money is committed to full transparency with no hidden charges or fine print. We explain everything in simple terms, ensuring no surprises.

How to Apply for a Micro Loan with EG Money?

Visit Our Website or App: Start by visiting the EG Money website or download our mobile app to apply online for your micro loan.
Fill Out the Simple Form: Complete the basic application form with details such as your income, employment status, loan amount, and purpose.
Submit Your Documents: Upload your basic documents like ID proof, address proof, and income proof securely through our platform.
Get Instant Approval: Once we receive your application, our system will process it and provide instant approval based on your eligibility.
Fund Disbursement: Upon approval, funds are transferred directly to your bank account, typically within 24-48 hours.

Who Can Apply for a Micro Loan from EG Money?

Our micro loans are designed to meet the needs of a variety of customers:

Salaried Individuals: Employees in both the private and public sectors can apply for quick financial assistance to meet personal needs.
Self-Employed Professionals: Doctors, freelancers, and small business owners can use micro loans for short-term business needs or personal expenses.
Small Business Owners: Entrepreneurs who need quick funding to cover working capital, urgent purchases, or other minor business expenses.
Students and Young Professionals: Micro loans can help students or young professionals manage educational costs, personal projects, or small emergencies.

Eligibility Criteria generally includes:

Age between 21 and 58 years.
A minimum monthly income (varies based on loan amount and applicant profile).
A stable source of income or employment.
A good credit score (depending on the loan amount).

Benefits of Choosing EG Money for Your Micro Loan

Quick & Convenient: Apply online, get instant approval, and receive the funds quickly, all from the comfort of your home or office.
Affordable Financing: With our competitive interest rates and transparent fees, EG Money ensures that your loan remains affordable and manageable.
Flexible Loan Terms: We provide flexible repayment options tailored to your financial situation, with no penalty for early repayment.
No Collateral: EG Money offers unsecured micro loans, meaning you don’t need to risk your assets.
Customer-Centric Support: Our customer support team is always available to guide you through the loan process and provide assistance whenever needed.

Start Your Micro Loan Journey with EG Money!

Don’t let small financial needs disrupt your plans. Get access to instant, easy-to-apply-for micro loans with EG Money today and solve your immediate financial needs quickly and conveniently.