What is Pre-approved Loan?

The Pre-Approved Loan Amount indicates the Instant Loan loan amount which you may be able to apply for, based on a preliminary assessment of your profile by us. The Pre-Approved Loan Amount does not constitute any offer of credit facilities from us, is not guaranteed, may vary from time to time and may differ from the Instant Loan loan amount that we approve following your submission of an Instant Loan application ("Application").

When you apply for an Instant Loan, we will conduct a more detailed credit assessment, which may include reviewing your latest financial information, credit history, and other relevant factors. This full assessment determines the final approved Instant Loan loan amount which is granted to you pursuant to your Application submission.

Even with a Pre-Approved Loan Amount displayed, you will still need to submit an Application. You may find out more and refer to the steps here.