✓ Repayment Period: 6 months - 60 months
✓ Annual Percentage Rate (APR) on our loans is 15% to 30% (on a reducing balance basis) + a maximum of 4% processing fees on the principal loan amount
✓ For Example, a loan of ₹1,00,000 for 24 months will typically have an APR of 15% (on a reducing balance basis) and a processing fee of 4% (₹4000). This loan would be paid back in 24 EMIs (equated monthly installments) of Rs. 4849 with the total interest amount being ₹16,368
✓ Loan Prepayment Charges: 4% charge + 18% GST on the remaining principal amount (allowed after 1 EMI payment)
✓ Late Payment Charges: ₹450 + 18% GST upon failure to pay the EMI on a fixed date
Finnable is one of the fastest growing financial technology (Fintech) start-up with an NBFC license from RBI providing hassle free loans. Our mission is to make Personal loans available in less than 1 minute.
Finnable is currently available only in Bangalore and Chennai, and provides personal loans up to 10lacs for anyone with a take home salary of 15k per month.
Its instant - When you need money, you need money. Emergencies don’t give you time.
No Hidden Fees - We are 100% transparent. No surprises! We don’t have any hidden charges.
You are in control - You can choose the EMI plan that will fit your pocket. At the end of the loan you are free and clear.
100% Digital - Let us save some time and trees. No paperwork, No timeouts.
Finnable Personal Loans-
Apply for loan on mobile app without any paperwork, no documents and no bank visits. The entire process takes less than 2 minutes! Amount will get credited in your bank account within 24 hours. Basis your salary you get an approval for a certain amount. You can borrow any amount as per your convenience; Balance will be available for later use.