Emergency Loan
An Emergency Loan from Omozing is a hassle-free personal loan designed to help you manage sudden, unforeseen expenses like medical bills, education costs, or wedding-related cash crunches. With no need for collateral and competitive interest rates, Omozing Emergency Loans let you handle urgent financial needs without touching your savings or investments.
Click to know more about eligibility and documents required.
Documents Required
- Pan Card Number
- Passport Photo
- Address Proof
(Valid Driving License / Valid Passport / Aadhar Card) - ID Proof
(Valid Driving License / Valid Passport / Voter’s ID / Aadhar Card / Pan Card)
Eligibility
- Salaried employees at select private limited companies and public sector undertakings (including central, state and local bodies)
- Must be between 20 years and 60 years of age
- Must have had a job for at least 2 years, with a minimum of 1 year with the current employer
- For self-employed: Applicants must have a specified minimum income (may vary with location). Financial documents to show stability of income may also be required by the bank.
Benefits of opting for Emergency Loans
- Minimal paperwork that saves a considerable amount of time
- Online application of emergency loan makes application and approval easier
- Flexible repayment options balance outstanding EMIs
- Best substitute to keep your savings safe
- Saves borrowers from going bankrupt
Interest Rates & Charges
Rack interest rate – Salaried – 10.50% to 20.40%
Loan processing charges – Up to 2.50% of the loan amount subject to a minimum of Rs 1,999/- & maximum of Rs 25,000/- for salaried customers