LokSuvidha - Personal Loan App

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About this app

Welcome to LokSuvidha Personal Loan app, your trusted financial partner for quick, paperless and hassle-free personal loans with completely digital journey. Download Now!

Whether you need funds for a medical emergency, education expenses, home renovation, or any other individual needs - LokSuvidha is here to help you fulfill your dreams. Offering instant personal loan of up to ₹ 1 Lakh at competitive interest rates (APR) ranging from 14% to 27%*. Choose convenient repayment tenure ranging from 6 to 24 months.

● Instant hassle free Personal Loan up to ₹ 1 Lakh
● 100% digital process
● Flexible tenure options to choose from (6 to 24 months)
● No security deposit or guarantor required

Loan Eligibility Criteria:
● Nationality should be Indian
● Minimum household annual earnings should be above 2.4 lacs (Salaried or Self-employed)
● Age should be in the range of 21-60 years
● Min. credit score 650
● Income must be credited to your bank A/C

Easy Lending Process:
1. Download the LokSuvidha personal loan app.
2. Register with your mobile number.
3. Apply by completing the kyc process & check for loan eligibility.
3. Choose the required loan amount & tenure basis eligibility upon approval.
4. Digitally authorise the ACH Mandate & Sign the agreement.
5. Get money transferred directly to your bank account within 24 working hours.

We are currently serving in more than 60+ locations in India, across 4 states: Maharashtra, Madhya Pradesh, Uttar Pradesh, and Chhattisgarh.

Illustrative Example (sample loan calculation):
Loan Amount (Principal): ₹50,000
Tenure: 12 Months
Interest Rate (APR): 24%
PF (Processing Fee Incl. GST): ₹1,500* (No hidden charges)

Disbursed Amount (Credited to your bank account): ₹50,000 Principal - ₹1,500 PF = ₹48,500
Monthly EMI: ₹4,728
Total Payable Amount: ₹4,728 x 12 = ₹56,736
Total Interest Payable: ₹4,728 x 12 - ₹50,000 (Principal) = ₹6,736
Total Cost of Loan = Interest + PF = ₹6,736 + ₹1,500 = ₹8,236

*Please note that these figures including PF and APR, are provided for illustrative/ representation purposes only and can vary for each borrower based on their individual credit assessment by Lok Suvidha Finance Ltd.

About us: Lok Suvidha Finance Ltd. is an RBI registered NBFC based out of Nagpur, providing lending facilities such as Personal Loan, Two Wheeler Loan, E-Rickshaw Loan and Solar project financing.

For any queries or assistance regarding loans, feel free to email us at: customer.care@loksuvidha.com
Updated on
Jun 29, 2023

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
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No data collected
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Data isn’t encrypted
Data can’t be deleted