Diwali is not just a festival; it’s an emotion. During Diwali, we use lights and decorations, renovate our homes, buy new furniture, upgrade our lighting, or plan a vacation. That’s where instant personal loans come in.
This Diwali, lenders are rolling out exclusive festive offers to make borrowing affordable, convenient, and rewarding. If you’ve been considering a personal loan, this season might be the smartest time to apply.
Top Diwali Offers on Instant Personal Loans
1. Specially Reduced Interest Rates
Many banks and digital lending platforms lower their interest rates during Diwali to attract new borrowers. Even a 1–2% reduction can have a big impact on your EMI burden.
- Example: On a ₹3 lakh loan for 3 years, a 2% lower rate could save you ₹10,000–₹15,000 overall.
2. Zero or Discounted Processing Fees
Processing fees usually range between 1% to 3% of the loan amount. During Diwali, lenders often waive these charges or offer heavy discounts. This means:
- On a ₹5 lakh loan, you could save up to ₹15,000 instantly.
3. Festive Cashback & Shopping Vouchers
Lenders partner with top e-commerce brands, travel portals, and lifestyle stores during Diwali. Borrowers can enjoy:
- Instant cashback is credited to their loan account.
- Shopping vouchers for Amazon, Flipkart, or lifestyle stores.
- Reward points are redeemable for festive purchases.
4. Flexible EMI & Repayment Options
To reduce festive stress, many lenders allow customized repayment plans:
- Lower EMI during the festival season.
- Bullet repayment options (pay lump sums when convenient).
- Longer tenure choices for smaller monthly EMIs.
5. Pre-approved & Top-up Loans
If you’re an existing borrower with a good repayment history, Diwali is the best time to get a pre-approved top-up loan. Benefits include:
- Instant disbursal without fresh documentation.
- Special festive rates are only available to loyal customers.
6. Quicker Approval & Instant Disbursal
Digital lenders like QuickCashs are stepping up their game for Diwali. Approvals are almost instant, and disbursals can happen in as little as 10–15 minutes, ensuring you don’t miss out on festive deals or last-minute purchases.
Top Lenders Offer Personal Loans in Diwali
| Lenders | Interest Rate (p.a.) | CIBIL Score | Salary | |
| WeRize | 16% to 18% p.a. | -1/ 700+ | Rs. 12,000 | Apply Now |
| MoneyView | 1.33% per month | 720+ | Rs. 13,500 | Apply Now |
| InCred | 11.49% to 18% p.a. | -1/ 700+ | Rs. 15,000 | Apply Now |
| Fibe | 24% to 30% p.a. | -1/ 680+ | Rs. 18,000 | Apply Now |
| Prefr | 18% to 36% p.a. | 730+ | Rs. 18,000 | Apply Now |
| Finnable | 16% to 22% p.a. | -1/ 700+ | Rs. 15,000 | Apply Now |
| IDFC | 12.50% to 18% p.a. | 700+ | Rs. 15,000 | Apply Now |
| PaySense | 1.4% to 2.3% per month | 720+ | Rs. 18,000 | Apply Now |
| mPokket | 1% to 6% per month | 680+ | Rs. 9,000 | Apply Now |
Why an Instant Personal Loan Makes Sense This Diwali
- Unsecured borrowing: No need to pledge gold, property, or assets.
- 100% digital process: Apply, get approved, and receive funds directly in your account without paperwork.
- Use it for anything: From festival shopping to debt consolidation, there are no restrictions on usage.
- Festive deals: You’ll likely pay less in interest and fees compared to the rest of the year.
Why Choose QuickCashs This Festive Season?
QuickCashs is designed for speed, simplicity, and transparency. Here’s what makes it stand out this Diwali:
- Lightning-fast approval: Get funds in minutes, not days.
- Festive offers tailored for you: Lower interest, zero hidden charges, and exciting cashback deals.
- Flexible repayment: Choose EMIs that work with your monthly budget.
- Safe & secure: Bank-grade encryption and reliable loan processing.
Also Read: How to Apply for SBI Personal Loan
Conclusion
Diwali is the season of joy, and money worries shouldn’t dim the celebrations. With exclusive Diwali personal loan offers, you can manage expenses smartly without draining your savings.
If you’re planning big purchases or just want a financial safety net during the festival, an instant personal loan from QuickCashs can be the perfect solution—fast, flexible, and festive.
FAQs
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How much salary is enough to borrow a loan in Diwali?
QuickCashs provide personal loans from multiple lenders. So, you can borrow a personal loan with a lower income as much as ₹12,000 per month.
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Do lenders waive processing fees during Diwali?
Yes, many banks and NBFCs run limited-time festive campaigns where they waive or reduce processing fees. This helps you save a significant amount, especially on higher loan amounts.
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How do I choose the best Diwali personal loan offer?
Compare interest rates, fees, repayment flexibility, and additional perks (like cashback or vouchers). Always read the fine print before applying. QuickCashs make this easier by offering transparent loan options with no hidden charges.
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What is the interest rate on Diwali personal loans?
Interest rates vary across lenders but are usually lower during the festive season. You can expect discounts of 0.5%–2% compared to regular days, depending on your credit profile and loan amount.
