LoanFront - Personal Loan App

Vaibhav Vyapaar Private Limited

About this app

LoanFront is the most secure and trusted loan app in India to get an instant personal loan with easy EMIs and hassle-free repayment options. LoanFront is a digital product of Vaibhav Vyapaar Private Limited.

Loans are primarily lent by our own RBI Licensed NBFC, Vaibhav Vyapaar Private Limited. (https://vaibhav-vyapaar.com) and from Nov 2023 onwards loans are also provided by the below Partner NBFCs.
Our lending partners:
• Muthoot Finance Limited (https://www.muthootfinance.com/personal-loan)
• Bhawana Capital Private Limited (https://www.bhawanafinance.com/loanfront/)
• Usha Financial Services Limited
(https://www.ushafinancial.com/business-partners.html)

LoanFront (https://loanfront.in) is 100% in compliance with the Digital Lending guidelines of RBI, is built with ISO standards & CISA Certified. One of the highest rated Loan app

Eligibility
✅Indian nationality
✅Age above 23 years
✅Good credit score (above 600)
✅Stable income above ₹15,000 per month

You need to provide
👉A selfie
👉PAN card
👉One government ID as address Proof (Driving License/Voter ID/Passport/Aadhaar Card)

Our Products
Online, paperless, 100% digital products and requires no physical documentation
1. Flexi Personal Loan:
Get a quick cash loan up to ₹30,000 in 5 minutes with tenure ranging from 3 months to 12 months.
2. Personal Loan for Salaried:
A personal loan up to ₹2 Lakhs with tenure ranging from 3 months to 24 months. Additionally, provide salary or Income proof and employment details.

Amount, Tenure, Fees & Charges (Product Details)
⭐️Loan Amount: ₹1,500 to ₹2,00,000
⭐️Loan Tenure: 3 months to 24 months
⭐️Interest Rate: 15.95% to 35.95% Fixed per annum on a monthly reducing principal balance
⭐️Processing Fee: 1% to 7.5% of the loan amount based on the risk profile and loan amount
⭐️APR Range: 17% to 70% based on risk profile

*Penalty is charged only on delayed scheduled payments. GST will be applicable only on the fee components as per Indian laws. All the customers are made aware of these details through KFS in Sanction Letters.

How to avail a loan?
👉Install the LoanFront app
👉Register using your mobile number and email-id
👉Perform KYC using any of the multiple options on the app and check your loan eligibility
👉Provide your bank account
👉Read and sign the Loan Agreement containing KFS (Key Facts Statement)
👉Receive the loan amount in your bank account

Easy Repayment Via
●UPI Apps (BHIM, Google Pay, Paytm, PhonePe, Amazon Pay, etc.) and Bharat BillPay - ZERO convenience fee
●Payment Gateways - RazorPay and Cashfree
●Auto Debit (eNACH/eMandate)

Representative Loan Example:
Loan Amount: ₹50,000
Tenure: 12 months
Interest Rate: 17.95% per annum
Processing Fee: ₹1000 (2%)
Life-Time Registration Fees: ₹250 (One-time fee for new customers)
GST on Fees: ₹225 (18%)
Disbursed Amount: ₹48,525
EMI: ₹4,583
Total Repayment: ₹4,583 X 12 = ₹54,996
Total Interest: ₹4,996
APR: 23.77%
Total Cost of the Loan: ₹54,996 - ₹48,525 = ₹6,471

You need money for domestic/international trips, purchases such as home furniture/appliances, personal emergencies, monthly bill payments, wedding expenses, home repairs, medical expenses, security deposit, then not to worry! LoanFront is here for you.

Why LoanFront?
✔Easy application and Digital processing
✔No collateral or credit card required
✔Low-interest rates and processing fees
✔100% safe & secure; available 24x7
✔Multiple loan amount upgrade options
✔Trusted app with complete transparency

Other service(s) offered by LoanFront App
• Open an instant Demat account with Centrum Broking Limited(https://www.centrumgalaxc.com)

LoanFront follows responsible lending practices and is a member of:
☀️FACE(SRO-FT) - https://faceofindia.org
☀️UFF - https://unifiedfintech.in/

Customer Care:
Working Hours: 9.30 AM – 6.30 PM(Mon to Sat)
✉: [e-mail]
☎: 08048126351
Address : 2nd Floor, Envision Technology Center, 119, Road No. 3, Phase-1, Vijayanagar, EPIP Zone, Whitefield, Bengaluru, Karnataka 560066, India.

Ratings and reviews

Good App., Very good communication and Respond to customer. Quick process and easily apply by customer. EMI Duration is also a good choice for customer. But Monthly wise is better than days wise and useful to all. I feel the rate of interest is high, At least next time reduce the rate of interest in my loan application. The approved loan amount is very low, Next time increase the loan amount. These are all my suggestions to you. Thanks.

The loanfront app is a great option for those who suddenly need money.Its biggest feature is its 100% digital and paperless process. You only need Aadhaar and PAN card, and within a few minutes the loan is approved and the money comes directly into the bank account. Its interface is quite simple, so even a common user can use it easily. However,it is important to note that its interest rates and processing fees may be slightly higher compared to other banks. Also, heavy penalties are imposed for

Loanfront is a great option for those who suddenly need money.Its biggest feature is its 100% digital and paperless process. You only need Aadhaar and PAN card, and within a few minutes the loan is approved and the money comes directly into the bank account. Its interface is quite simple, so even a common user can use it easily. However, it is important to note that its interest rates and processing fees may be slightly higher compared to other banks

What’s new

This update brings Android 15 support, convenience fee for UPI payments, and selfie capture for eSign. We’ve also added credit report purchase in loan flow, upgraded multiple SDKs, and fixed app crashes for a smoother experience.