#phocket

Life is full of uncertainties, and these uncertainties can be broken down into unplanned events, as small as expenses just around month-end when all cash is exhausted, and salary is still some time away. For instance or twice, when the event is known, and the amount is big, the office’s HR can be contacted, and advance salary can be taken. It is interest-free and free of headaches.

But there are some expenses like additional shopping, medical need or education which needs extra assistance. Or the company cannot be of help for numerous reasons. In such instances, the best personal loan offered by PHOCKET has an early salary benefit loan too. Let us explore the features of early benefits loans:

Less documentation — Unlike other kinds of personal loans, an early salary loan from PHOCKET needs less documentation as your earning capabilities are already demonstrated with salary documents, and possible credit is calculated.

Wide range — From as low as INR 10k to INR 2 lacs, one can avail best personal loan deals under the salary benefits head.

Fast processing — Instant online loan is the USP of PHOCKET with 24/7 loan processing and credit within hours.

Flexible payment options — With an EMI calculator one can choose what best EMI can be afforded given other payments constraint.

What are some ways in which an early salary loan from PHOCKET can be used?

1. As an education loan — If for yourself, spouse, or any other dependent, there comes a deadline or an awaited offer, it cannot be made to wait. Generally, they have payment deadlines for blocking seats. Such instant available personal loans could be of use.

2. For your vacation gateway — A long weekend or an instant gateway in the latter half of the month? Don’t say no and avail of Phocket’s instant online loan.

3. A medical emergency — The specified problem with a medical emergency is that they do not wait for a day. Today the medical bills have skyrocketed, and there is no credit that the hospitals, laboratories, doctors, or pharmacy gives. The same-day problem can be solved by getting an instant loan online backed by a salary.

4. As a shopping loan — Although specified credits are available in low or no-cost EMI or credit cards and should be availed when available. Although they are less useful when the shopping is instant or impulse. Let’s say a sale deal or a limited-period offer. Get an early salary loan from PHOCKET and use that as your shopping loan.

How To Apply For PHOCKET’s Early Salary Loan:

Here are the steps you need to follow to avail the loan:

Register: Download the PHOCKET app or register on our website filling in basic details

Get instant approval — Even before you blink, you will receive approval for the loan in seconds. Please proceed with uploading the KYC (Know-Your-Customer) documents on the app or the website

Choose the Amount — As the need may be, use the dynamic calculator given there to see the EMI cost by playing with the amount & tenure of the loan. Be the best judge!

EMI Calculation of the loan — EMI is the most significant part of deciding about availing of the loan. Thus, to help you plan the repayment, we have given the EMI calculator on the screen by doing the following:

Open the EMI Calculator given on screen.

Enter the loan amount you wish to take.

Choose the tenure for loan repayment as maybe best possible given your earnings and financial situation.

Enter the interest rate, and you will see the EMI.

Play with any of the inputs to modify.

Gaming is no more a videogame hand-held device given from toddlers to school-age kids. It is a whole industry in itself. Do you know big companies like PAYTM and ace-investor Rakesh Jhunjhunwala-backed Nazara Technologies are big money spinners rising from India?

Globally, companies like Sony, Microsoft, Nintendo, and Tencent are billion-dollar revenue-earning companies from gaming. PlayStation, EA game FIFA, and XBOX are just big gaming setup names.

There are global competitions also being played, starting from the old days of a counter strike to modern-day-evolving games like PUBG, etc. The world needs more modes of earning and entertainment. And with rising VFX, technology, and creativity, gaming has gone a long way.

A gaming setup does not come cheap when we talk about leading brands and high-end experiences. It is worth the price paid if you ask any gaming fan. It is also a big puller in terms of house parties or friends chilling at home. Even to the extent of the status quo. With aspirations and needs as high as prices, there needs to be some sort of financial support that can help you put a gaming set-up in place.

PHOCKET’s short-term loans provide instant cash with an online application. Let’s read more about how instant cash loan can be used for gaming applications purchase:

Concept of instant cash Loan as Purchasing Loans — Although specified credits are available in low or no-cost EMI or credit cards, purchasing loans are still a new concept. They are more so unfeasible when the purchase is of such niche items and that too instant or impulse (as new models get sold out immediately). Let’s say a launch or a clearance sale offer. Getting an instant cash loan and using that as a loan to help gaming console purchase is a saviour.

Benefits of PHOCKET’s short-term loans:

Instant Approvals: PHOCKET’s team is online 24/7 to process instant cash loan round the clock. After finishing the basic details, its algorithm gives out a CIBIL score loan which decides your maximum sanction amount. You can then customize it.

Complete Online Documentation: Long back gone are the days of printing, signing, and submitting. It is all online now. PHOCKET needs very basic documentation like PAN & AADHAR. They are to be uploaded on its website or app.

Pay as it best suits you: To make the best instant cash loan experience, it is required that the borrower decides the repayment amount and number of EMIs rather than be dictated upon. At PHOCKET, you can choose the EMI amount of time frame to repay your short-term loans, which significantly relieves your repaying capability and managing expenditures.

Loan EMI Calculator: You are your best financial advisor if given the best tools at your disposal. PHOCKET’s website has calculators to get EMI amounts by changing loan amounts, interest rates, and time frames. Helpful enough to decide.

Speedy Disbursal: We talked about instant processing above. What about the credit in your bank account? That is instant too. Once the instant cash loan is approved, the amount gets credited to your bank account immediately without waiting. Shopping just cannot wait.

Low-Interest rates: Generally, such short-term loans are associated with heavy interest rates, e.g., Credit Card Loans. PHOCKET’s shopping loans come with low and affordable interest rates, which will give you additional comfort in taking our help over others.

What to keep in mind?

Loan affordability: The major question is, can you afford to take a loan, and also, is the need a must? Just because gaming is fun to have does not mean you will shelve out so much money for non-necessary things in life. There could be other priorities as well. Remember debts are there to help you and not to put you in more trouble. Do your financial cash flow check before taking an instant cash loan.

Your Credit Score: Loans both improve and sink credit scores. You must not take any short-term loans casually without planning properly else the CIBIL loan score can go for a toss. Pay little but on time and it will improve your credit score.

Alternatives: A credit card gives you around 45 days of interest-free loan by swiping a card that can be utilized fully. You can also explore PHOCKET’s SHOP NOW PAY LATER scheme and compare EMIs.

How to apply for an instant cash loan from Phocket?

When the gaming system model and console are decided and finances all calculated, you are all set to apply for short-term loans online. These are the steps to follow:

Register: Download the PHOCKET app or register on our website filling in basic details.

Get instant approval — You will receive approval for the instant cash loan in seconds. Please proceed with uploading the KYC (Know-Your-Customer) documents on the app or the website. These documents are the bare minimum that is readily available.

Choose the Amount — As the requirement is, use the dynamic calculator given there to see the EMI cost by playing with the amount & tenure of the instant cash loan. Be the best judge!

EMI Calculation of the loan — EMI surpasses in terms of importance more than the loan amount does. And why not? Thus, to help you plan the repayment, we have given the EMI calculator on the screen by doing the following:

Open the EMI Calculator given on-screen.

Enter the loan amount you wish to take

Choose the tenure for your instant cash loan repayment as maybe best possible given your earnings and financial situation.

Enter the interest rate, and you will see the EMI!

Play with any of the inputs to modify.

You are all set to receive the credit, buy the gaming set up, and go all guns, kicks, or shots blazing, all because of Phocket’s short-term loans.

The youth of India has higher inspiration and it does not want to settle down. That is despite still being far away from a high-level income country, it is the leading market for even companies like Google, Microsoft and Apple. Products especially like durables (mobile, TV, fridges, etc.) are seeing an uptick in the high end range sales. The trend is supported by various easy financing options like credit cards which can be turned into EMI, EMI offered by banks, short term loans, instant shopping loans, instant personal loans online and so on.

India’s leading online instant personal loan, short-term loan Fintech company PHOCKET has come out with another feature to its wide range of offers. Now you can avail “Shop now, pay later” feature on PHOCKET’ mobile app or website to avail zero-cost EMI without any processing fees. Like its “Early Salary Loan” offering, the approval is instant after cibil loan score check. Bonus: You do not need a card to avail this offer as well.

There are ongoing offers on Apple products like iPhone and Mac. Continue reading to know how to avail it:

Rise for demand of Apple products during pandemic:

The ongoing pandemic made a laptop and smartphone’s need inevitable. Whether a student or a professional, now daily life is impossible without it. So Apple and other durable good producers come up with a range of products in laptops, PC, mobile and watches.

Generally a long term investment, people aspired to hire and did not want to settle down. Heavy purchases came for such products with support from financial agencies who partnered with showroom and brands. PHOCKET is now your partner to make such purchases and taking shopping loans which you pay over in EMIs

2. Zero-cost EMI for aspirants:

PHOCKET offers zero-cost EMIs to people who have completed their KYC (know your customer) process online. Even customers with no credit history can avail the zero cost EMIs offer after filing the basic details.

Now you can aspire to buy your favorite phone, laptop, TV, or anything without having the cash ready. Avail PHOCKET’s Shop Now, Pay Later scheme and purchase.

PHOCKET’s new feature helps customers plan their finances, shop what is necessary and does not incur any extra cost or penalty.

3. Reasons to purchase products through PHOCKET’S Shop Now, Pay Later Scheme:

There are various benefits of purchasing any product on EMI through PHOCKET. We have mentioned some of them below:

Easy on Pocket: Buying something like a Mac by paying full amount can take a significant toll on your budget unless you have been saving for it. Plus other expenses can take a toll. Rather, paying via EMI helps that neither monthly budget or other expenses are affected.

Premium products are no more out of reach: Several products or brands just do not come at low cost, like iWatch, iPad, etc. EMI is the enabler between wishes and income that helps one take the leap needed to purchase the need, pay it off over time and does not compromise on either financial planning or wishes.

Save with 0% interest offer: The 0% interest offer makes you delay payments without interest charge. This rather enables you to save more money and not pay extra on the borrowing. Your savings bank account will earn interest on the amount you saved by not paying the full amount upfront.

How to avail the PHOCKET’s Shop now pay later scheme?

The process to get through the ‘Shop now, pay later’ scheme is easy breezy. It is completely virtual and extremely convenient. It does not need any manual intervention or expert support. You can just login on PHOCKET’s app or go onto the website and follow the steps.

Get your KYC done with PHOCKET

For availing any of PHOCKET’s loan offerings, you will need to have the digital KYC (know your customer) done. You can customize the repayment schedule as per your financial planning. The entire process is paperless and digital, which can be done over phone or laptop.

Steps to buy a product using PHOCKET’s Shop Now Pay Later Scheme

Checking your credit limit — You can sign in on PHOCKET’s app or website first. Then you can enter the basic required details. PHOCKET’s team will verify They need to verify their mobile number and get the process started.

Activating your account – Once you have your account active, you can proceed with submitting the KYC documents. You can also set up repayment for activating the credit limit.

Choose a preferred store for shopping — PHOCKET has partnered with various e-commerce platforms like Amazon, Flipkart or other merchant partners.

Customize your EMI schedule - Choose PHOCKET’s EMI as the payment method while checking out from the authorized partner. You will then have the option to edit EMI plans as per their convenience.

EMI is approved — The plan gets approved instantly and your order gets placed. Your product will be processed as usual with shipping as applicable.

Conclusion