An Instant Personal Loan App for all your financial needs. With our instant cash loan app, you can check your eligibility and get instant approval in no time. Our easy application process, minimal documentation, and quick approval ensures you never miss out in life. Go ahead and get an instant cash loan online with the Fibe Personal Loan App.
First Instant Personal Loan App in India
Fibe Personal Loan App Key Features:
• Loan amount: ₹ 5,000 - ₹ 5 lacs
• Loan in 2 minutes with Fibe instant personal loan app
• Tenure: 3 – 36 months
• 100% digital process
• Minimal paperwork
• No collateral required
• No pre-closure charges
What makes Fibe the most trusted instant cash loan app?
• ₹ 18,000+ crores worth instant cash loans disbursed
• 5.7 million+ instant cash loans disbursed
• 21 lacs+ happy customers
Example on how Personal loans from Fibe work
• Loan amount: ₹ 50,000
• Processing fee (2% of loan amount * 18% GST): ₹ 1,180
• Total Loan amount: ₹ 51,180
• Interest: 24% p.a. (on reducing principal balance interest calculation)
• Tenure: 12 months
• Your EMI: ₹ 4,840
• Total Amount to be paid: ₹ 4,840 x 12 = ₹ 58,075
• Total interest paid: ₹ 58,075 - ₹ 51,180 = ₹ 6,895
• Total cost of loan: ₹ 6,895 + ₹ 1,180 = ₹ 8,075
• APR (Annual Percentage Rate) : 28.58%
Personal Loan Eligibility Criteria
• Salaried Individuals
• Above 21 years
• Minimum take-home salary per month ₹15K
Documents required for Instant Cash Loan
Fibe aims to be one of the most user-friendly Instant Personal loan apps in India.
• PAN
• Aadhaar card
• Salary account bank statement
Steps to avail Personal Loan:
1. Login to the Fibe (EarlySalary) app.
2. Fill in some basic details and upload few documents.
3. Choose the Instant Loan amount and tenure.
4. Get the money transferred to your account in 2 minutes.
Personal Loan interest rates and other charges
Below is the applicable fees and charges for Instant Cash Loan from Fibe (EarlySalary):
Interest rate: Starting 2% per month
Processing fee: Up to 3% of the loan amount
Bounce charges: ₹ 500
APR(Annual Percentage Rate): Ranges between 16.75% to maximum 74%
Late payment charges: ₹ 500 or 3% of the loan amount whichever is higher as per overdue amount
Stamp duty: 0.1% of loan amount
Mandate rejection charges: ₹ 250 + GST
Pre-closure charges: ₹ 0
A penalty is charged only when someone delays their scheduled payment. In addition, GST will be applicable only on the fee components as per Indian laws. All the customers are made aware about details regarding fees and charges through the agreement which is shared on their registered email ids, also the customers can access their loan details 24*7 through our Instant Personal Loan App.
About Fibe (EarlySalary)
Fibe (EarlySalary) App is owned by Social Worth Technologies Pvt Ltd & facilitates lending services primarily through our RBI registered NBFC arm, EarlySalary Services Pvt Ltd (formerly known as Ashish Securities Pvt. Ltd). It is a financial ecosystem that enables the mid-income group to upgrade their lifestyle. It offers an array of financial products like short-term Instant Cash Loans, long-term Personal Loans, Buy Now Pay Later plans. Fibe has a 100% digital loan application process. Select customers can also avail of the Fibe Axis Bank Credit Card. It is ISO/IEC 27001 certified & its app is PCI DSS compliant & ensures better data security. It won the Best Fintech Startup Award at G20 DIA Mega Summit.
Our Partner NBFCs
• Earlysalary Services Private Limited (Formerly Known as Ashish Securities Private Limited)
• Northern Arc Capital Limited
• Incred Financial Services
• HDB Financial Services
• Vivriti Capital Limited
• Kisetsu Saison Finance (India) Private Limited
• Piramal Capital and Housing Finance Limited
• Aditya Birla Finance Limited
• Cholamandalam Investment & Finance Company Limited (CIFCL)
How to contact us:
Telephone: 020-67639797
Email: care@fibe.in