Instant Personal Loan App

Finnable is India’s best online personal loan app and one of the fastest-growing financial technology (Fintech) start-up with an NBFC license from RBI providing hassle-free instant online loans. Our mission is to make Personal loans available in less than 24 hours

?Features Of Instant Personal Loan App:
✅ Loan Amount: ₹50,000 to ₹10,00,000
✅ Loan repayment tenure: 6 – 60 months
✅ Annual Interest Rate (APR): 15.99% to 31.99% (on a reducing balance basis) + processing fees of 3 to 5% on the principal loan amount
✅ For Example –
Personal Loan – ₹1,00,000
APR – 16%(on a reducing balance basis)
Repayment Tenure – 12 months
processing fee of 3%
Final processing fee – ₹3,000 + ₹540 + monthly EMI = ₹9,394
Total loan amount – ₹1,03,540
Amount disbursed – ₹1,00,000
Monthly EMI = ₹9,394
Total interest = ₹9,191
APR – 21.97%
Total Repayment amount – ₹1,12,731

✅ Loan Prepayment Charges: 3 to 6% charge + 18% GST on the remaining
principal amount (allowed after 6 EMI payments)
✅ Available in 58 cities

*These numbers are for representation and the final interest rate/fees may vary from one borrower to another depending on credit assessment

?Benefits Of The Best Personal Loan App
✅ Instant Loans: Get instant cash within 48 hours.
✅ 100% Digital: Finnable online loan app offers paperless service to help save time.
✅ Loan without CIBIL Score: Unlike other personal loan apps, you can take an instant loan even without an existing CIBIL Score From Finnable.
✅ No Hidden Charges: A key feature that makes Finnable one of the best loan app available is transparency. There are no hidden charges, making
the entire process a smooth one.
✅ Flexible EMI: Get Flexible EMI plans for all types of loans.

?Personal Loan Eligibility Criteria for Salaried Employees
✅ Be a resident of India
✅ The net in-hand salary of the individual has to be ₹20k and above in metros or ₹15k and above in tier 2 cities
✅ Be employed full time in a private or government sector
✅ He/she should have worked for more than six months and receives salary in a bank account
✅ Receive salary in a bank account
✅ Aadhaar, Pan & Address proof

?How to Apply for Instant Loan?
✅ Register to the easy loan app with OTP
✅ Add amount, tenure and net monthly salary
✅ Upload Pan card, identity proof and bank statement
✅ Do KYC & profile setup
✅ Validate address with pin code verification
✅ The loan amount will be credited within 48 hrs to your account after document verification

APR Charges
The APR (Annual Percentage Rate) charges differ from person to person as it considers the different products availed and the risk profile of the customer. However, it generally ranges between 16% -26%.

Responsible Lending
Finnable personal loan app has partnered with RBI regulated NBFCs/Financial Institutions. Our policies and services are fully regulated and legally compliant.

Our Lending partners
Finnable Credit Pvt Ltd
DMI Finance Pvt Ltd
Northern Arc Capital Ltd
Vivriti Capital Pvt Ltd
Utkarsh Small Finance Bank Ltd
TVS Credit Services Ltd

Security & Privacy Policy
Finnable ensures the safety of its customers via standard security. In simple terms, we do not share personal information with third-party apps.

Email: [email protected]
Address: IndiQube Lakeside, 4th Floor Municipal No. 80/2 Wing A, Bellandur Village, Varthur Hobli, Bengaluru, Karnataka 560103

Our app requires the following permissions to function optimally:
SMS
Your transactional data is used to create your financial and risk profile so as to provide the best personal loan offer

Location
Required to verify your current address for the personal loan application

Camera & Media Access
Required to enable uploading of documents like Aadhaar/PAN for your loan application

Read Device Info
Required to link your phone’s unique ID (IMEI) to your loan application for security reasons