NIRA Instant Personal Loan App

3L reviews
Content rating
Rated for 3+
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About this app

NIRA partners with various RBI regulated NBFCs/Banks to facilitate loans for salaried people.

Important Things to Note About NIRA Loan App
Loan Amount: Rs 5,000 to Rs 1,00,000
Minimum Annual Percentage Rate (APR): 24%, Maximum Annual Percentage Rate: 36% (reducing balance)
Minimum repayment period: 91 days, Maximum repayment period: 24 months
Processing Fees: Max (₹350 + GST, Up to 2%-7% of loan amount plus GST)
Prepayment Fees: Zero within 7 days of disbursal, 4% of prepayment amount thereafter
Late fee: In case overdue exceeds 30 days, you'll be charged Rs.500. Maximum late fee charged would be Rs.1000 if overdue exceeds 90 days. Your bank may also levy charges in case of a bounce.

A representative example of the total cost of the loan:
✔ Amount Borrowed (Principal) = ₹14,999/-
✔ Interest Rate (APR) = 36% (on Reducing Principal Balance interest calculation)
✔ Tenure = 6 months
✔ Processing Fee (incl. GST) = ₹826
✔ Amount disbursed = ₹14,173
✔ Your EMI amount = ₹2769 (based on PMT method, sample monthly payment)
✔ Interest amount = ₹2769 x 6 - ₹14999 = ₹1614(sample interest calculation)
✔ Late Fee = ₹0 if paid on time
✔ Total Cost of Loan = Processing Fee + Interest Amount + Late Fee = ₹826 + ₹1614= ₹2440
✔ Principal repayment amount = ₹14,999/- (same as amount borrowed)
✔ Total repayment amount = Principal repayment amount + Interest Amount + Fee = ₹14,999 + ₹1614 + ₹0 = ₹16,613

We have the following NBFCs as our lending partners:

Muthoot Finance Limited
IIFL Finance Limited
HDB Financial Services Limited
Northern Arc Capital Limited
PayU Finance India Private Limited

Why should you download the NIRA Loan App?

1. Repay in EMIs of 3 to 24 months
2. Get money in bank account in 24 hrs


1. Min salary of Rs.12,000 per month
2. Age between 22-59 years

Responsible Lending

We are a member of Digital Lenders Association of India and adhere to the DLAI code of conduct

For users more comfortable with Hindi :-

💥 NIRA se aapko mil sakta hai Personal Loan Rs.5000 se Rs.1,00,000 tak . Bas Personal Loan App Download kare kuch details dalen, documents upload karen aur payein loan, approval ke 24-48 ghanton mein.100% digital loan application process. 💥

Steps for availing an Instant Personal Loan from NIRA :

1. Fill quick application form on our app. Receive loan approval decision on qualification instantly.
2. Once you qualify, upload
3 months bank statements, Aadhaar card, e-sign your loan agreement in our Aadhar Card Loan App
PAN card
3. Get instant cash in your bank a/c and Money tap away

Our Instant Loans are safe:

Your data is transferred over a secure connection, and we do not share it with anyone without your consent. All the transactions are secured via a 256-bit SSL encryption.

Our app requires some permissions to provide you a loan in a fast and easy manner.We need access to your User Account data such as name and email to auto fill your application and help you login. We also need access to your financial sms to enrich credit profile, auto read otp and give the best instant personal loan. We need access to your location to verify your address. We require permission to access your contacts to get references for your loan application. For easy upload of documents in the app, we require access to Camera and Photo Gallery. We also need access to your device info to prevent misuse by any other individual. To understand how we collect and use your data in detail, please read our privacy policy

Our collections code of conduct is here:

You may write to us at
Our office is located at - NIRA, 2nd floor, UrbanVault Indiranagar, 2024, 16th Main Rd, HAL 2nd Stage, Kodihalli, Bengaluru, Karnataka 560008
Updated on
3 Jul 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.
This app may share these data types with third parties
Personal info, Photos and videos and Files and docs
This app may collect these data types
Personal info, Financial info and 7 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

2.98L reviews
Rihan Yudiv
12 July 2024
Very useful app with great ui experience as I am also a mobile app developer & I do understand that how difficult it is to match the user expectation but the team of this app have done a great job. Overall the app walk was very smooth & to be honest I was unable to recognise any major bug in that walk. In fact I would like to suggest that if you guys can really work on the colour contrast to make it more easy for the eyes of the users. Rest all is perfect & Igot the disbursement on time as well.
668 people found this review helpful
Did you find this helpful?
NIRA - Instant Personal Loan App
16 July 2024
Hi Rihan,, Thank you for your suggestions. We will try and incorporate them upcoming versions.
Punam Yadav
20 July 2024
"I'm so impressed with the Nira personal loan app! The entire process, from application to disbursement, was incredibly smooth and hassle-free. The app is user-friendly, and the eligibility criteria are clearly stated. I loved how transparent the interest rates and terms were, with no hidden charges or surprises. The customer support team was also super responsive and helpful. 👍👍👍
3 people found this review helpful