Biscuits is a mobile application that lets you apply for a salary loan anytime and anywhere. We want to provide you quick fixes to your financial needs without the hassle of creating letters or e-mails and waiting for the money to come. We are also giving you ample time and power to decide as to whichever payment scheme suits you best. This loan application is truly simple and convenient!
Applying for a loan has never been this easy. With these two-steps, you could already get the money you need!
1. Make sure that you’ve downloaded the Biscuits app in your phone – Play store for Android while App Store for Apple. Then, Log-in to your account.
2. Select your loan amount and preferred bank wherein we could transfer your money. At the same window, you could find your Payback Plan (timeline for salary deduction as your payment). A Promisory Note is presented as well. After thorough reading, give your consent by ticking the boxes.
And it's good to go!!!
The best part about this?
As soon as you finish your 2-step request via your mobile phone, money is transferred to your bank account real time. Presto! you can withdraw your money and use it however you want.
Employees are allowed to borrow a maximum of 60% of their monthly salary. This gives you a safety net that only payable amount can be loaned.