Are you looking for a quick and easy way to get a personal loan online? Do you want to avoid the hassle of paperwork and long waiting times? If yes, then you might want to check out Finnable, a fintech start-up that offers instant personal loans online for salaried professionals.
What is Finnable?
Finnable is one of the fastest-growing financial technology (fintech) start-ups in India that provides hassle-free instant personal loans online for salaried professionals. It has an RBI-licensed NBFC (non-banking financial company) that partners with regulated and legal financial institutions to offer consumer lending, personal loans, and financial services.
Finnable aims to revolutionize lending in India by providing digital loans instantly without any paperwork. You can apply for a personal loan in a few clicks by submitting only a few basic documents and get the loan money transferred in your account as quickly as 2 hours. The entire process is 100% digital.
What are the benefits of Finnable?
Finnable offers many benefits to its customers, such as:
- Low EMI’s: Enjoy lower EMI’s with interest charged on reducing balance method. As opposed to flat rate of interest, reducing balance ensures EMI amount remains low.
- High Loan Amount: Apply for personal loan with minimum documentation and get high loan amounts of up to Rs. 10 Lakhs. The loan tenure can be anywhere between 6 and 60 months.
- Free Credit Score: Get your free credit score on Finnable app and improve your financial fitness.
- Personal Loan Assistant: Get support from your personal loan assistant at email@example.com for any queries or issues. Finnable aims to provide you a seamless and hassle-free experience.
- Variety of Products: Finnable offers different types of loans to suit your needs and desires, such as personal loans, shopping loans, travel loans, etc.
How to apply for a Finnable loan?
Applying for a Finnable loan is very simple and easy. You just need to follow these three steps:
- Step 1: Download the Finnable app from Google Play Store or App Store and register with your mobile number.
- Step 2: Fill in your personal details, income details, bank details, and upload your KYC documents (PAN card, Aadhaar card, etc).
- Step 3: Choose the loan amount and tenure that suits you and get instant approval. The loan amount will be transferred to your bank account within 2 hours.
What are the eligibility criteria for Finnable loan?
To be eligible for a Finnable loan, you need to meet the following criteria:
- You must be an Indian citizen and resident.
- You must be above 18 years of age.
- You must have a monthly income of at least Rs. 15,000.
- You must have a bank account with net banking facility.
- You must have a valid PAN card and Aadhaar card.
- You must have a good credit history and score.
What are the documents required for Finnable loan?
To apply for a Finnable loan, you need to submit the following documents:
- PAN card
- Aadhaar card
- Bank statement for the last 3 months
- Salary slip for the last 3 months (if salaried)
- Income tax return or GST return (if self-employed)
Here are some frequently asked questions about Finnable loan:
Q: What is the interest rate and processing fee for Finnable loan?
A: The interest rate for Finnable loan ranges from 12% to 36% per annum depending on your credit profile and loan amount. The processing fee is up to 3% of the loan amount.
Q: How can I repay my Finnable loan?
A: You can repay your Finnable loan through EMI (equated monthly installment) using auto-debit facility from your bank account. You can also pay through UPI, debit card, or net banking on the Finnable app.
Q: How can I check my Finnable loan status?
A: You can check your Finnable loan status on the Finnable app by logging in with your mobile number. You can also contact your personal loan assistant at firstname.lastname@example.org for any queries or issues.
Q: How can I close my Finnable loan?
A: You can close your Finnable loan by paying the outstanding balance along with any applicable charges. You can also pre-close your Finnable loan by paying a pre-closure fee of 5% of the outstanding balance.
Q: What are the customer reviews of Finnable?
A: Finnable has received positive feedback from its customers who have rated it 4.5/5 on Google Play Store and 4.6/5 on App Store. Customers have praised Finnable for its fast and easy process, low interest rates, high loan amounts, and excellent customer service.
I hope this article has helped you understand more about Finnable and its features. If you are interested in applying for a Finnable loan, you can download the app from the links below and get started.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice. Please do your own research and consult a financial expert before applying for any loan product. Bing is not affiliated with or endorsed by Finnable or any of its partners. Bing is not responsible for any errors or omissions in this article or any consequences arising from the use of this information.