IndiaLends is an online marketplace for credit products and offer free credit report, range of credit cards and personal loans from different Banks and NBfcs. IndiaLends offers instant personal loans to its customers with most products being fully digital. IndiaLends also provides technology, data and credit analytics solutions along with a loan management platform to financial institutions. IndiaLends is run by a team of credit risk professionals and data scientists with multiple years of experience in consumer credit.Product features:Personal loanGet personalized personal loan offers up to ₹25 lacs at interest rates starting 10.25% for a tenure ranging from 1 year to 5 years. The app selects the best suitable Banks/NBFCs offering minimal interest rate and easy approval based on your personal loan eligibility. IndiaLends has associations with over 50+ banks and NBFCs .Personal Loan EligibilityAge - 18 years - 60 yearsEmployment Type - Salaried/Self-EmployedMinimum Net Income (monthly) - ₹10,000Work Experience - Salaried for at least 6/12 months or Self-Employed for at least 3 yearsTenure: (Min) 6 to (Max) 60 monthsAnnual Percentage Rate ranging from 10.25 (min.) to 25% (max) depending on customer’s credit and risk profileRepresentative ExampleWith a representative 25% APR based on borrowing ₹ 5 lacs and repaying over 60 months with 60 monthly repayments, the monthly repayments will be ₹ 14,676 which can be paid within a tenure of 60 months.The total payout here would be:Principal Amount – Rs 5,00,000Interest Charges (@25%): Rs 3,80,540Loan processing Fee (@2%): Rs 10,000Documentation Charges: 400Amortization Schedule charges: 150Total cost of the loan: Rs 8,91,090Our Lending Partners:Axis Bank LimitedInCred Financial Services LimitedKrazyBee Services Private LimitedEarlysalary Services Pvt LtdIndia Infoline Finance Limited*Please note the processing fee can vary from 1.5% - 6%. The figures provided are indicative and subject to change from time.* However, in case of change of payment mode or any delay or non-payment of EMIs, additional charges / penal charges may also be applicable, depending on the lenders policyCredit CardWith the IndiaLends app, get credit card suggestions from 40+ options and select the credit card that best suits you. Some of the credit card providers associated with us are ICICI Bank, HDFC Bank, American Express, SBI, Kotak Mahindra Bank, Citibank, RBL and Yes Bank.Free Credit score / Cibil ScoreAt IndiaLends app, check your free Credit Score / Cibil Score worth ₹1200 and get a detailed analysis of your credit report / Cibil Report and tips to improve your score. Our latest feature allows you to refresh your credit report and know why your credit score has changed.EMI CalculatorThe simple and handy loan EMI calculator lets you easily calculate EMIs. All you need to do is enter the loan amount, interest rate and loan tenure, and you will know the convenient and easy EMIs basis the inputs entered.
Instant Approval Personal Loan
