FinnUp: Your Trusted Loan Facilitator
FinnUp is a loan facilitation platform that connects borrowers with trusted financial institutions and lenders, empowering users with the tools they need to make informed borrowing decisions. We provide a secure, transparent, and efficient experience for users seeking the right financial solutions.
Features of the FinnUp App
Diverse Loan Options: Borrowers can access a variety of financial products, including personal loans, business loans and diverse lending products through our partnered lenders.
Transparent Loan Facilitation: Clear APR ranges starting from 12% annually and full disclosure of processing fees, total costs, and repayment terms as per lender policies.
Flexible Repayment Periods: Loans facilitated through FinnUp follow lender policies, with repayment periods exceeding 12 Month.
Secure Application Process: Submit loan requests with confidence, as your personal data is handled securely in compliance with our Privacy Policy.
Personalized Loan Matches: Smart matchmaking technology connects borrowers with the most suitable lenders for their financial needs.
loan facilitated through FinnUp:
Loan Amount: ₹1,00,000 to ₹50,00,000
APR: Ranges between 11 % to 36 %
Processing Fee: As per lender policy
Repayment Period: Loan tenure can go from 6 months to 5 years
Total Charges: Includes all applicable fees and interest as disclosed by the lender.
For example, suppose you avail a personal loan of Rs 4 lakh @ 11% p.a. with a repayment tenure of 5 years and processing fee of 1.5% of loan amount. With these loan details, the processing fee for your loan will be Rs 6,000, total interest cost would be Rs 1,21,818 and the total cost of borrowing will be Rs 5,21,818 and the APR for your loan will be 11.66%.
Regulatory Compliance
FinnUp facilitates loans through third-party lenders, including Arthmate, who adhere to all applicable legal and regulatory guidelines. FinnUp does not directly disburse loans, and all terms and conditions are determined by our partnered lenders.