Finnable: Personal Loan App

46.2K reviews
Content rating
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About this app

Finnable is one of the fastest-growing instant personal loan apps for salaried professionals with presence in more than 60 cities. As a fintech NBFC licensed by RBI, our mission is to make personal loans available in less than 30 minutes. Avail online personal loans starting from ₹50000 to ₹ 10,00,000, as per your approved credit. Once approved, the amount gets directly transferred into your bank account within minutes.

Features of Finnable Personal Loan App:
Finnable is a user-friendly instant personal loan app offering useful features, that includes.

✅Personal Loan with Low Credit Score: Our personal loan app helps those who have a low credit score avail personal loans without any hassles.

✅ 100% Digital: Finnable saves the hassle of producing and maintaining different paperwork as the entire process is 100% digital.

✅ Flexible EMI: The personal loan app gives the flexibility to choose an EMI that clients feel is the best option for them.

✅ No Hidden Charges: One of the key highlights that makes Finnable the best loan app as is its transparent processes. There are no hidden charges whatsoever.

✅ No Collateral required: This is one of the few online loan apps that can be used to apply for and avail personal loans without having to produce any collateral.

✅ Example:
Personal Loan - ₹1,00,000
Interest rate - 16%*(on a reducing balance basis)
Repayment Tenure - 12 months
processing fee of 3% + GST
Final processing fee - ₹3,000 + ₹540
Total personal 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

*These numbers are for representation and the final interest rate/fees may vary from one borrower to another depending on his/her credit assessment.
Moreover, Finnable is an instant paperless personal loan app, meaning you can apply for and get a personal loan without worrying about excessive documentation.

Minimum period for repayment - 6 months
Maximum period for repayment - 60 months
Maximum Annual Percentage Rate (APR) - 27.6%

Eligibility: Personal Loan for Salaried

Finnable is considered the best loan app for salaried people because of these minimal eligibility conditions:

✅ The personal loan borrower should be an Indian resident
✅ The net in-hand salary of the personal loan borrower has to be ₹25k and above in metros or ₹15k and above in tier 2 and other cities
✅ He/she should be employed full-time in a private or government sector job
✅ The personal loan borrower should have worked for more than six months and receives salary in a bank account
✅ Must have 1 month salary receipts
✅ Must have Aadhaar & Pan card

Responsible Lending - Finnable instant 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 Private Limited
DMI Finance Pvt 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. Our personal loan app requires the following permissions to function optimally:

SMS - Your SMS data is used to improve the App functionality, Fraud prevention, Security, and Compliance

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 personal loan application

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

Updated on
Feb 13, 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
No data shared with third parties
Learn more about how developers declare sharing
This app may collect these data types
Location, Personal info and 6 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

46K reviews
B N Kushal
February 9, 2024
You guys charge so much interest rate of close to 23% but the application also doesn't open and no assist on pre closure option ,such an application which crashes every other time.. It feels like it's a trap evey time I open the app.
22 people found this review helpful
Finnable Credit Private Limited
February 11, 2024
We want to reach out to you to understand the issue a bit more, Kushal!. Please write in to with your loan and contact details. We will investigate the issue from our end and rest assured we will get back with a resolution within 24 hours.
Consumer Review
February 22, 2024
The app does not even deserves 1 star, This will definitely help you with money on a higher intrest like any other loan app, What this app and the company does not know is the customer service. I have missed my 1 emi on time as my job got changed and with that my salary cycle. But even after paying they again attempted to deduct money through e mandate and because my account was having less amount it got bounced and that happened twice I tried connecting to the customer services no response
3 people found this review helpful
Finnable Credit Private Limited
February 23, 2024
We're really sorry about the hassle you've faced. Your feedback means a lot, seriously! Just shoot us an email at, or hit us up on chat support with your loan and contact details. We're on it and promise to sort things out within 24 hours.
Jyotiranjan Barik
February 13, 2024
Worst experience ever. My january month EMI debit two times but it seems no one from finnable want to help me with this matter. There is no proper customer care service. I wrote few emails and chat only automated reply is getting. This is so much frustrating.
21 people found this review helpful
Finnable Credit Private Limited
February 13, 2024
We understand how frustrating it can get, Jyotiranjan. Our team is working on your case on this Ticket ID- 303727, please note, that double-debits usually don't happen and our team is working internally. We also tried to connect with you but there was no response, rest assured, an agent is assigned till the closure of your concern.