IndiaLends - Instant Loan App 4+

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 loan

Get 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 including BAJAJ FINANCE LIMITED, IDFC FIRST Bank Limited etc.

Personal Loan Eligibility

Age - 18 years - 60 years

Employment Type - Salaried/Self-Employed

Minimum Net Income (monthly) - ₹10,000

Work Experience - Salaried for at least 6/12 months or Self-Employed for at least 3 years

Tenure: (Min) 6 to (Max) 60 months

Interest Rate ranging from 10.25% to 25% depending on customer’s credit and risk profile

Representative Example

With 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 5,00,000

Interest Charges (@25%): Rs 3,80,540

Loan processing Fee (@2%): Rs 10,000

Documentation Charges: 400

Amortization Schedule charges: 150

Total cost of the loan: Rs 8,91,090

Our Lending Partners:

Clix Capital Services Private Limited

PaySense Services India Private Limited

Axis Bank Limited

BHANIX FINANCE AND INVESTMENT LIMITED

Piramal Capital & Housing Finance Limited

Whizdm Innovations Private Limited’s

LENDINGKART Finance Limited

Rupeek Fintech Pvt Ltd

Ruptok Fintech Pvt Ltd

Flat White Capital Pvt. Ltd.

Tata Capital Financial Services Limited

BAJAJ FINANCE LIMITED

Bridge Fintech Solutions Private Limited

HDFC Bank Limited

ICICI Bank Limited

Kotak Mahindra Bank Limited

YES BANK Ltd

IndusInd Bank Limited

InfoCredit Services Private Limited

Kisetsu Saison Finance India Private Limited

IIFL Finance Limited

InCred Financial Services Limited

L&T Finance Limited

Ditya Finance Private Limited

Finnovation Tech Solutions Pvt. Ltd.

SOCIAL WORTH TECHNOLOGIES PRIVATE LIMITED

Maybright Ventures Pvt. Ltd.

MWYN Tech Private Limited

IDFC FIRST Bank Limited

Citi Bank India Limited

Standard Chartered Bank PLC

State Bank of India

Freecharge Payment Technologies Private 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 lender's policy

Credit Card

With 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 Score

At 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.