3 reasons to consider a personal loan for job relocation or moving expenses

When you have a good job opportunity in hand with a higher salary and desired designation, relocation to another city doesn’t seem to be a barrier for many professionals. There are many job roles that require the flexibility of relocation, depending upon the project needs. While most of the moving expenses are sponsored by the company, there is still extra finance required for survival in a new city.

That’s when personal loans can be considered to raise that extra finance to support job relocation and associated moving expenses in the new city. Instant personal loans do not have a major amount of loans that can be paid in easy EMIs. Hence, it is safe to apply for an instant personal loan for job relocation.
 

Here are the top 3 reasons to consider a personal loan for job relocation

Job relocation means starting a new progressive phase in your career. Till your first salary doesn’t arrive, opt for an instant personal for the following reasons:

1. Minimal Documentation

   Instant personal loan apps approve personal loans with minimal documentation in a paperless format. This saves a lot of time and professionals can apply for an instant loan for job relocation without visiting the lender’s branch office. The complete process is online and can be availed anytime, anywhere.

 

1. Collateral Free

   Unlike long-term loans, instant personal loans do not require a collateral for loan approval. A short-term loan taken for job relocation requires zero collateral or a guarantor. Income proof like a bank statement is replaced with a collateral for job relocation personal loans.

 

1. Quick Disbursal

   Once the loan seeker clears the eligibility criteria and gets an approved loan status, the loan amount for job location is quickly disbursed in the borrower’s bank account in a single working day or a few hours, depending upon the loan app.

When you get instant cash in hand, the moving expenses can be managed well. Personal being a hassle-free one proves to be a trusted choice for job relocation.

HeroFinCorp Instant Personal Loan for Job Relocation

So, you are soon to be positioned in a new metro city for a promoted job role. Simplify your moving expenses with HeroFinCorp instant cash loan app available on Google Play Store for easy download. In just a few easy steps avail of an instant loan between 50,000 to 1.5 lakhs:
 

1. Register with basic details – mobile number and email address
2. Set the desired EMI using the loan EMI calculator
3. Paperless verification of KYC details using a security code
4. Bank account verification through net banking; the credentials are never stored
5. Instant loan approved in minutes and transferred to the bank account during business hours

Eligibility Criteria for HeroFinCorp Personal Loan

The monthly income of a person is significant when it comes to personal loan eligibility.

Check the HeroFinCorp eligibility criteria before submitting an instant loan application

 

1. Proof of Indian citizenship
2. Six months bank statement as income proofs
3. Age eligibility criteria between 21 - 58 years
4. You should be either salaried or self-employed individual/ businessman
5. You should be working in/with either private or public sector
6. Your credit history should meet the criteria set by the lender. Credit scores may vary as different lenders set different bars as per their standards.

So, if you have any job relocation plans in a new year 2022, download HeroFinCorp loan app for instant finance, helping to accomplish job relocation goals.