Online loans cover a wide array of loans and include short term personal loan, salary advance loan, payday loan, gold loan, home loan, car loan among a few. Since the 1990s, online loans have been prevalent in the United States of America and has recently entered and dominated the Indian loan market. Many banks have discovered this vast market and are ready to enter it. Instant loan in Kolkata With the advent of COVID, it has become crystal clear that online loans are the way of the future