Instant personal loans are the specific persoanl loan type that doesn't require heavy documentation and gets approved quickly. The best part of getting an instant personal loan is that no collateral or guarantor is required. Instant personal loans are often called quick loans.
The distinguishing feature of an instant personal loan is a Paperless Digital Process. When applying for a regular personal loan, you might require submitting some paper/documents to the bank/lender. This is rendered paperless in the case of an instant personal loan. To know more about what is an instant personal loan, click on the link